Half of the world’s economies are already five years past a peak in power generation from fossil fuels, new analysis from energy think tank Ember shows. If fossil fuel power generation is unchanged for at least five years since a country’s initial fossil fuel power peak, it’s considered to have passed a peak. Ember’s analysis focused
Exxon Mobil ‘s (XOM) planned deal to buy Pioneer Natural Resources (PXD) has sparked talk of more consolidation in the oil-and-gas industry. While we don’t own companies as mergers-and-acquisition plays, the potential for more tie-ups could have significant implications for our remaining oil name: Coterra Energy (CTRA). It’s unclear which shoe will drop next now
Labour has hailed a “political earthquake” after overturning huge Conservative majorities in Tamworth and Mid Bedfordshire. Sir Keir Starmer claimed his party was “redrawing the political map” after dealing a double by-election blow to Prime Minister Rishi Sunak – in results viewed as significant markers ahead of a general election next year. The contests were
Open Extended Reactions Week 8 is here and the number of undefeated teams keeps dwindling, so which ones will be left standing at the end? Well, nine of 11 unbeaten teams are in action this weekend, including Penn State at Ohio State, where one of those squads will suffer its first loss of the season.
Joe Biden said Hamas and Vladimir Putin both want to “annihilate” neighbouring democracies during a rare speech from the Oval Office. The president addressed the nation after his whirlwind trip to the Middle East. “If international aggression is allowed to continue, conflict and chaos could spread in other parts of the world,” he said. “Hamas
Sam Bankman-Fried appears at federal court in New York on Oct. 4, 2023, in this courtroom sketch. Artist: Claudia Johnson Much of the government’s case against Sam Bankman-Fried hinges on the testimony and text messages from those in his crypto inner circle who turned against him late last year after the implosion of FTX and
A woman has died and hundreds of people have been evacuated from their homes amid “unprecedented” levels of rainfall from Storm Babet. Thousands more homes across eastern Scotland have been left without power due to the destructive storm – which has prompted a rare red warning from the Met Office. Shona Robison, Scotland’s deputy first
Mark Schlabach, ESPN Senior WriterOct 19, 2023, 09:45 AM ET Close Senior college football writer Author of seven books on college football Graduate of the University of Georgia Open Extended Reactions The second LIV Golf League season wraps up this weekend with the circuit’s $50 million team championship, starting Friday at Trump National Doral Golf
Gravity Inc., best known for its fleet of Mustang Mach E electric taxis in New York City, has announced a brand-new ultra-high output DC charger designed especially for the challenging ergonomics of urban parking garages. The 500kW “DEAP” (Distributed Energy Access Point) is just 8″ thick and 18″ tall (curiously, width isn’t mentioned, but eyeballing,
This image, from June 2023, shows blades for the Haliade-X turbine in New Bedford, MA. David L. Ryan | Boston Globe | Getty Images A project to develop a facility described as the United States’ “first commercial-scale offshore wind project” continues to move forward after its first turbine was installed in waters off Martha’s Vineyard.
The MTV Europe Music Awards ceremony has been cancelled due to security concerns “given the volatility of world events”, organisers have announced. The event had been due to take place in Paris on Sunday 5 November, with stars including Taylor Swift, Olivia Rodrigo, Miley Cyrus and Nicki Minaj among the high-profile nominees. In a statement
The number of British people killed as a result of the Hamas attack on Israel has risen to nine, the prime minister’s spokesperson has said. A further seven remain missing after the incursion from Gaza into Israel on 7 October, the spokesperson added. Until yesterday, authorities said seven British nationals had been confirmed killed, with
The cost of UK state borrowing is close to a 15-year high – levels seen only twice since the global financial crash. The amount the UK government has to pay – the yield – to borrow money for 10 years via its benchmark 10-year bonds – known as gilts – rose to more than 4.7%
Greg Wyshynski, ESPNOct 19, 2023, 07:00 AM ET Close Greg Wyshynski is ESPN’s senior NHL writer. Open Extended Reactions Tampa Bay Lightning coach Jon Cooper called his team’s recent game against the Buffalo Sabres a “critical” one. “I told our players they can’t let frustration set in. Let’s turn that energy into a little bit
On 2 December 2018, British backpacker Grace Millane should have been celebrating her 22nd birthday during the trip of a lifetime in New Zealand. Thousands of miles from her home in Essex, the messages and requests for video calls from friends and family kept pinging through to her phone. But they were never answered. Her
All residents have been told to leave the town of Brechin in Angus due to flooding from Storm Babet. A severe flood warning is set to be put in place for the Brechin River and South Esk area, Angus Council has said. Those in the affected areas should leave their homes. The council will be
A closely-watched barometer of consumer confidence is warning of “concern” for retailers ahead of Christmas, as official figures for September show a steep fall in sales. GfK’s latest Consumer Confidence Index suggested that the willingness of shoppers to spend, particularly on big-ticket items, had plunged since the end of the summer. The authors reported that
A gardener accidentally mowed around a dead body after assuming it was a Halloween decoration or a training dummy. The body was found on the lawn of an abandoned log cabin used by several law enforcement agencies for training near Charlotte, North Carolina, on 10 October, local police said. A groundskeeper had seen the body
Nokia has revealed plans to shed up to 14,000 jobs following a slump in sales. The Finland-based telecoms technology firm, which has 86,000 staff worldwide, said it was launching a cost-saving drive across the business in a bid to boost its margins. Nokia reported a 20% fall in sales during its third quarter. Comparable net
Netflix has increased the cost of premium subscriptions in the UK. The streaming giant says American and French customers will also be affected – and revealed a crackdown on password sharing that began in May had failed to dent demand. Netflix said almost nine million households signed up worldwide between July and September – the