U.S. solar developers have secured federal subsidies for a wave of projects large enough to nearly double current capacity, rushing to beat a July 4 deadline that could send renewable power costs sharply higher.
Tag: Sustainable Markets
Scores of cities across Europe are sweltering under record temperatures that are boosting demand for cooling systems while forcing utilities to scale back power production to avert outages.
The Iran war’s disruption to global crude oil and LNG markets is already being measured in lost barrels and higher prices. Now, with a U.S.-Iran peace deal expected to reopen the Strait of Hormuz, the reckoning begins: was this a watershed moment, or merely another blip?
In recent years, Elon Musk has been picky about whom he allowed to buy in to SpaceX. Two pre-IPO investors said that even after getting their feet in the door, they had to visit the company’s headquarters.
The opinions expressed in this column are those of the author, a correspondent for Reuters.
After three months of upheaval, the Iran conflict and near-total closure of the Strait of Hormuz have delivered a shock that has rewired global oil, fuel and LNG flows and caused historic disruption to energy product shipping in every region.