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green economy – XtremeCuztoms

Category: green economy

Rights Abuser China Emerging as Dubious Linchpin of Biden’s Lithium-Battery Supply Chain

A Chinese-dominated mining company has procured millions of dollars in American subsidies to extract lithium in the United States—but, given a dearth of U.S. processing capacity, the mineral is likely to be sent to China with no guarantee that the end product would return as batteries to power President Biden’s envisioned green economy. Critics say…


Israel, Cyprus, Greece Electricity Cable Link Gets EU Money

NICOSIA, Cyprus—The European Union has earmarked 657 million euros ($736 million) for the construction of a 2,000-megawatt undersea electricity cable that will link the power grids of Israel, Cyprus and Greece, Cypriot Energy Minister Natasa Pilides said Thursday. Pilides told reporters the funding is Cyprus’ largest-ever investment as well as the lion’s share of the…


Europe Proposes Green Certificate for Nuclear and Gas Energy

The European Union has drafted a proposal that allows consideration for natural gas and nuclear energy to be included within the scope of “green” investments as countries and environmentalists battle over the complicated classification system. Later this month, the European Commission is expected to suggest recommendations on the environmental criteria needed in order to classify…


EU Proposes Green Certificate for Nuclear and Gas Energy

The European Union has drafted a proposal that allows consideration for natural gas and nuclear energy to be included within the scope of “green” investments as countries and environmentalists battle over the complicated classification system. Later this month, the European Commission is expected to suggest recommendations on the environmental criteria needed in order to classify…


Coal’s Resurgence: Futures Rally to Fresh Record Highs

This year, U.S. coal prices have staged a fierce comeback amid renewed global demand and supply cuts. As parts of Europe and Asia face a growing energy crisis, industry observers project that the fossil fuel’s gains could be extended into 2022, prompting more countries to increase production and shipments. Coal futures on Oct. 5 surged…


Former Liberal MP Warns of ‘Ideological Bias’ in Federal Green Economy

A former Liberal MP said the federal government’s environmental program is built on an ideological bias that is “trying to dismantle” Canada’s economy, a House committee heard last week. Dan McTeague, a former Liberal MP and president of the Canadians for Affordable Energy, told the Standing Committee on Industry, Science and Technology on May 6…


Carbon Dioxide Is Natural and Essential

Commentary The mantra to build a “green economy” is actually code to kill the oil and natural gas industry and replace it with solar and wind power, battery-powered cars, and the like. Others have revealed the naivety of this canard and the true unfeasibility and cost of it, and it is not my purpose here…