All posts by admin

Europe’s Self-Inflicted Energy Crisis

Europe is in the throes of an unprecedented energy crunch. Some call it a crisis, which, if not addressed, may be comparable to the Arab oil embargo of the 1970s – with dire economic, social and political consequences. Brent crude is at a 5 year high of $84 per barrel while spot natural gas prices are up more than 500% year-over-year,

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FinTech Can Help Fill Climate Resilience Gaps In Emerging Markets

The fuel crisis spreading across Europe and Asia highlights the weather-related vulnerabilities faced by global energy systems. As wind and solar falter under intermittency, power generation has defaulted to gas, where demand is being squeezed by early-autumn heating and late-summer electric cooling needs across Eurasia. The reverberations of February’s polar vortex in Texas—which froze gas output—continue to be felt

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AUKUS Sub Deal Could Sink Relations With France, Buoy Nuclear Tech Advances

As an exhausted, internally divided America proclaims its return and promises a new era of diplomatic leadership, its global partners are rightfully skeptical. Year one of the Biden era has seen the botched withdrawal from Afghanistan, casting doubts about the president’s foreign policy judgment. So long as the disgraced President Donald J. Trump remains the Republicans’ current frontrunner for

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Tesla Flexes Innovative Muscle By Manufacturing Own Chips During Supply Crunch

COVID-19’s impact on the global economy introduced major supply chain shortages, hitting silicon wafer manufacturers particularly hard. Silicon wafers chips are a small slice of semi-conductors, a vital tech component inside all complex electronics from cell phones to cruise missiles. They also require critical minerals and advanced processing techniques to produce, two areas where the United

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Big Money For Solar, As Biden Targets Half Of U.S. Electricity From The Sun By 2050

A Solar Futures Study released by the Department of Energy (DOE) Wednesday projected that solar energy generation could reach 40% of the nation’s electricity consumption by 2035 and achieve nearly 50% by 2050, contingent on large federal government infrastructure investments such as those proposed by the Biden Administration. The study found that to reach 40% solar in

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Hurricane Ida Puts America’s Energy Security To The Test

Hurricane Ida, the worst storm since Katrina, knocked out an estimated 94% of offshore Gulf oil production, as well as power to one million homes across Louisiana and Mississippi this past weekend. Some 10% of gas stations in the Baton Rouge area were out of fuel — as were 7.5% around New Orleans — leaving thousands lined up for gas to

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