Energy
The death of easy money: Why 20% annual returns are over in crypto lending
PARIS — Celsius and Voyager Digital were once two of the biggest names in the crypto lending space, because they offered retail investors outrageous annual returns, sometimes approaching 20%. Now, both are bankrupt, as a crash in token prices — coupled with an erosion of liquidity following a series of rate hikes by the Federal […]
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Climate groups react to Manchin’s surprise turnaround on reconciliation bill
U.S. Senator Joe Manchin (D-WV) returns to a basement office meeting with other senators that included Kyrsten Sinema (D-AZ), Jon Tester (D-MT), Tim Kaine (D-VA) and Angus King (I-ME), (not pictured) at the U.S. Capitol in Washington, December 15, 2021. Elizabeth Frantz | Reuters Environmental groups reacted with surprise after U.S. Senate Democrats struck a deal […]
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Solar stocks jump as Schumer, Manchin announce climate spending deal
Contractors install SunRun solar panels on the roof of a home in San Jose, California, on Monday, Feb. 7, 2022. David Paul Morris | Bloomberg | Getty Images Solar stocks jumped on Thursday after Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.V., said they’ve reached a deal on what would be the […]
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Schumer-Manchin reconciliation bill has $369 billion to fight climate change — here are the details
Senator Joe Manchin (D-WV) exits the U.S. Capitol following a vote, on Capitol Hill in Washington, February 9, 2022. Tom Brenner | Reuters Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.V., on Wednesday unveiled a long-anticipated reconciliation package that would invest hundreds of billions of dollars to combat climate change and advance clean […]
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Ferrari CEO shrugs off concerns about EV performance
A Ferrari photographed in Switzerland on March 2, 2015. The Italian company plans to launch a fully electric vehicle in 2025. Harold Cunningham | Getty Images News | Getty Images The CEO of Ferrari on Tuesday moved to allay fears the firm’s upcoming electric offering will compromise on performance, telling CNBC the luxury carmaker had […]
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Surging temperatures are good for solar panels, right? The answer is: It’s complicated
This image, from May 2022, shows solar panels in Worcestershire, England. The recent hot weather in the U.K. has led to a discussion about the optimum conditions for solar power. Mike Kemp | In Pictures | Getty Images Last week saw temperatures in the U.K. surge, with highs of over 40 degrees Celsius (104 degrees […]
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13 of our companies report earnings this week. Here’s what Wall Street expects
Traders work on the floor of the New York Stock Exchange (NYSE) on January 18, 2022 in New York City. The Dow Jones Industrial Average fell nearly 500 points in morning trading as investors weigh quarterly earnings and other economic news in a shortened trading week. Spencer Platt | Getty Images Source
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Sesame Solar is selling mobile disaster relief units powered entirely by clean energy
Michigan-based startup Sesame Solar is producing what it deems the world’s first fully-renewable mobile nanogrid for natural disaster relief. Its units can be used as mobile communications and command centers, medical units, kitchens and even temporary housing. The systems can be ready for use within 15 minutes of arrival. Most mobile units like these have […]
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We’re adding to 2 stocks that had strong earnings but saw tepid market reactions
The companies are also in two sectors that we think are right for this rough market: oil and health care. Source
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Poland’s leader seeks to assure public of energy security
Poland’s Prime Minister Mateusz Morawiecki speaks during a news conference near the gas installation at a Gaz-System gas compressor station in Rembelszczyzna, outside Warsaw, Poland, April 27, 2022. Kacper Pempel | Reuters At a time of rising discontent with high inflation and shortages of coal for heating, Poland’s prime minister sought to reassure the public […]
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