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energy

Japan Nov CPI forecast to slow down as energy costs ease: Reuters poll

December 15, 2023December 14, 2023
Japan nov cpi forecast to slow down as energy costs ease: reuters poll - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s core consumer inflation was expected to ease in November, slowing down to the level seen in mid-2022, partly as energy price …

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Blue State Gov Unveils Near Billion Dollar Plan To Steer Tax Dollars To Green Energy Industry

December 14, 2023

Blue State Gov Unveils Near Billion Dollar Plan To Steer Tax Dollars To Green Energy Industry Robert Schmad on December 13, 2023 Washington’s Democratic governor …

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China says tax breaks to stay for over 90% of new energy vehicles

December 11, 2023December 11, 2023
China says tax breaks to stay for over 90% of new energy vehicles - photo licensed by shore news network.

BEIJING (Reuters) – More than 90% of China’s existing new energy vehicle (NEV) models will continue to receive tax breaks on purchases, under new technical …

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PAUL MUELLER: Newsom’s California Is Showing Us What The Green Energy Transition Looks Like — And It Isn’t Pretty

December 10, 2023

PAUL MUELLER: Newsom’s California Is Showing Us What The Green Energy Transition Looks Like — And It Isn’t Pretty Paul Mueller on December 9, 2023 …

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Ford commercial unit, Xcel Energy partner up to install 30,000 EV charging ports

December 5, 2023December 5, 2023
Ford commercial unit, xcel energy partner up to install 30,000 ev charging ports - photo licensed by shore news network.

(Reuters) – Ford’s commercial unit will collaborate with utility firm Xcel Energy to install 30,000 electric vehicle (EV) charging ports across the U.S. by 2030, …

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Biden Admin Approves Emissions Rules That Critics Worry Could Kneecap Small Energy Companies

December 3, 2023

Biden Admin Approves Emissions Rules That Critics Worry Could Kneecap Small Energy Companies Robert Schmad on December 2, 2023 The Biden administration approved new regulations …

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‘Made-Up Numbers’: Whitmer Misstates Key Stat From Study While Selling Her Green Energy Legislation 

November 30, 2023

‘Made-Up Numbers’: Whitmer Misstates Key Stat From Study While Selling Her Green Energy Legislation  Nick Pope on November 29, 2023 Democratic Michigan Gov. Gretchen Whitmer …

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‘Taking Away Local Control’: Whitmer Signs Massive Green Energy Mandate Into Law

November 29, 2023

‘Taking Away Local Control’: Whitmer Signs Massive Green Energy Mandate Into Law Ryan Meilstrup on November 28, 2023 Democratic Michigan Gov. Gretchen Whitmer enacted one …

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Investors exit clean energy funds as higher interest rates bite

November 28, 2023
Investors exit clean energy funds as higher interest rates bite - photo licensed by shore news network.

By Bansari Mayur Kamdar (Reuters) – The biggest U.S. ETF tracking clean energy shares was on track for record annual outflows as a rapid rise …

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DAVID BLACKMON: Energy Security Or Tyranny? 2024 Provides A Stark Choice

November 26, 2023

DAVID BLACKMON: Energy Security Or Tyranny? 2024 Provides A Stark Choice David Blackmon on November 25, 2023 One significant political development seen throughout 2023 has …

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Blue State Residents Are Paying Way More For Energy Than Red States, New Report Shows

November 25, 2023

Blue State Residents Are Paying Way More For Energy Than Red States, New Report Shows Nick Pope on November 24, 2023 Residents of blue states …

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New Jersey’s Gas Car Ban, Wind Energy Agenda At Risk as Clean Energy Initiatives Flounder

November 24, 2023
New jersey's gas car ban, wind energy agenda at risk as clean energy initiatives flounder - photo licensed by shore news network.

TRENTON, NJ – Governor Phil Murphy’s ambitious agenda to have a green New Jersey free of gas-powered car sales powered by massive offshore wind farms …

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Australia’s clean energy plan muddles $10.6 billion takeover fight for Origin

November 24, 2023
Australia's clean energy plan muddles $10. 6 billion takeover fight for origin - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – The long-term value of hotly contested $10.6 billion takeover target Origin Energy has been muddied by a government plan …

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AustralianSuper to reject Brookfield’s new $10.6 billion proposal for Origin Energy

November 22, 2023
Australiansuper to reject brookfield's new $10. 6 billion proposal for origin energy - photo licensed by shore news network.

(Reuters) – Origin Energy’s largest shareholder AustralianSuper said on Thursday it will vote against a latest revised $10.6 billion takeover bid from a Brookfield-led consortium, …

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Origin Energy to delay shareholder meeting on $10.6 billion Brookfield-led bid – source

November 22, 2023
Origin energy to delay shareholder meeting on $10. 6 billion brookfield-led bid - source - photo licensed by shore news network.

SYDNEY (Reuters) – Origin Energy will delay a shareholder meeting scheduled for Thursday to vote on a $10.6 billion Brookfield-led consortium bid, according to a …

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Hedge Funds Betting Against Flailing Wind Energy Sector, Bad News for Governor Murphy

November 17, 2023
Hedge funds betting against flailing wind energy sector, bad news for governor murphy - photo licensed by shore news network.

TRENTON, NJ – The Orsted wind energy debacle in New Jersey is bad for green energy Governor Phil Murphy, but hedge fund operators are making …

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Origin Energy shareholder shows hand and backs $10.5 billion Brookfield bid

November 16, 2023
Origin energy shareholder shows hand and backs $10. 5 billion brookfield bid - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – Origin Energy shareholder VanEck Australia will support the $10.5 billion bid from Canada’s Brookfield and EIG, according to a …

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Argentina’s presidential candidates face $12 billion energy subsidy conundrum

November 15, 2023
Argentina's presidential candidates face $12 billion energy subsidy conundrum - photo licensed by shore news network.

By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina has a $12 billion energy conundrum: what to do about state subsidies that keep prices at a …

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Pension fund AustralianSuper raises stake in Origin Energy to 16.50%

November 14, 2023November 14, 2023
Pension fund australiansuper raises stake in origin energy to 16. 50% - photo licensed by shore news network.

(Reuters) – Pension fund AustralianSuper has increased its stake in Origin Energy to 16.50%, the Australian power producer said in an exchange filing on Tuesday. …

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Murphy Tagged $1 Billion of Ratepayer Subsidies to Bailout Failed Foreign Wind Energy Corporation

November 12, 2023
Murphy tagged $1 billion of ratepayer subsidies to bailout failed foreign wind energy corporation - photo licensed by shore news network.

NEW JERSEY – Senator Michael Testa recently addressed the withdrawal of Ørsted, a Danish wind energy company, from the Ocean Wind 1 & 2 offshore …

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Koc Holding revokes pact with Ford, LG Energy Solution for Turkey battery JV

November 10, 2023
Koc holding revokes pact with ford, lg energy solution for turkey battery jv - photo licensed by shore news network.

By Ebru Tuncay and Heekyong Yang ANKARA/SEOUL (Reuters) – Turkey’s Koc Holding said on Friday it revoked an earlier agreement with Ford and South Korean …

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Kevin O’Leary Reveals Why Clean Energy Stocks Are Tanking

November 8, 2023

Kevin O’Leary Reveals Why Clean Energy Stocks Are Tanking Harold Hutchison on November 7, 2023 “Shark Tank” star Kevin O’Leary said Tuesday that clean energy …

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Proxy firm ISS recommends vote in favour of Brookfield-led consortium’s Origin Energy bid

November 6, 2023
Proxy firm iss recommends vote in favour of brookfield-led consortium's origin energy bid - photo licensed by shore news network.

By Scott Murdoch SYDNEY (Reuters) – Proxy advisory firm Institutional Shareholder Services (ISS) has recommended investors vote in favour of a Brookfield-led consortium’s $10.5 billion …

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The Green Energy Industry Just Had An Absolutely Brutal Week

November 6, 2023

The Green Energy Industry Just Had An Absolutely Brutal Week Nick Pope on November 5, 2023 The past week has been marked by worrying developments …

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Phil Murphy Facing Second Clean Energy Crisis After Automakers Pull Back on EV Forecasts

November 3, 2023
Phil murphy facing second clean energy crisis after automakers pull back on ev forecasts - photo licensed by shore news network.

TRENTON, NJ — The dust hasn’t settled on New Jersey Governor Phil Murphy’s wind energy agenda collapse as a new clean energy crisis looms on …

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New Jersey’s Failed Wind Project is 6% Of Biden’s Anticipated Clean Energy Agenda

November 3, 2023
New jersey's failed wind project is 6% of biden's anticipated clean energy agenda - photo licensed by shore news network.

TRENTON, NJ – Orsted, the Danish wind energy giant, announced the termination of its Ocean Wind 1 and 2 projects slated for development off the …

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New Jersey Wind Energy Collapse Exposes Economic Unsustainability in Offshore Turbine

November 3, 2023
New jersey wind energy collapse exposes economic unsustainability in offshore turbine - photo licensed by shore news network.

TOMS RIVER, NJ — Danish energy company Orsted will discontinue development of two major offshore wind projects, Ocean Wind 1 and 2, near New Jersey, …

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Duke Energy beats profit estimates on higher margins

November 2, 2023
Duke energy beats profit estimates on higher margins - photo licensed by shore news network.

NEW YORK (Reuters) – Duke Energy Corp on Thursday beat Wall Street estimates for third-quarter profit, with the company pointing to higher retail margins and …

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With Orsted Failure, Phil Murphy, New Jersey Have No Energy Plan B

November 2, 2023
With orsted failure, phil murphy, new jersey have no energy plan b - photo licensed by shore news network.

TRENTON, NJ – New Jersey woke up to grim news on Wednesday. The Ocean Wind 1 and 2 offshore wind projects were canceled by Orsted, …

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Energy Company Charged for Halloween Gas Explosion at Family’s Home

November 2, 2023
A gavel and a block i

PITTSBURGH, PA — Attorney General Michelle Henry has announced the indictment of Equitrans, L.P. following a house explosion that critically injured a family on Halloween …

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AustralianSuper rejects Brookfield’s ‘best and final’ $10.5 billion bid for Origin Energy

November 1, 2023
Australiansuper rejects brookfield's 'best and final' $10. 5 billion bid for origin energy - photo licensed by shore news network.

(Reuters) – Pension fund AustralianSuper said on Thursday it intended to vote against Brookfield-consortium’s “best and final” takeover offer for Origin Energy Ltd that valued …

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GOP Concerned Over Financial Fall Out in Murphy’s Failed Wind Energy Projects

November 1, 2023
Gop concerned over financial fall out in murphy's failed wind energy projects - photo licensed by shore news network.

TRENTON, NJ – Assembly Republicans are calling on Governor Phil Murphy to disclose the amount of taxpayer money spent on now-defunct offshore wind projects by …

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Monmouth Lawmakers Call for Halt on Murphy Green Energy Agenda In Light of Wind Meltdown

November 1, 2023
Monmouth lawmakers call for halt on murphy green energy agenda in light of wind meltdown - photo licensed by shore news network.

TRENTON, NJ – Assemblywomen Kim Eulner and Marilyn Piperno, both Republicans from Monmouth County, are urging lawmakers to place a moratorium on Governor Phil Murphy’s …

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New Jersey Lawmaker Says Orsted Failure Casts Doubt on Murphy’s Green Energy Credibility

November 1, 2023
New jersey lawmaker says orsted failure casts doubt on murphy's green energy credibility - photo licensed by shore news network.

TRENTON, NJ – Assemblywoman Bethanne McCarthy Patrick, the sole legislator residing in Salem County, is raising concerns over the credibility of Governor Phil Murphy following …

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New Jersey Congressman Says Orsted Exit Exposes Economically Flawed Wind Energy Industry

November 1, 2023
New jersey congressman says orsted exit exposes economically flawed wind energy industry - photo licensed by shore news network.

NEW JERSEY, NJ – Danish company Ørsted announced today its decision to halt the development of two offshore wind turbine projects, Ocean Wind 1 and …

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France’s Bouygues beats forecasts driven by energy arm Equans

October 31, 2023
France's bouygues beats forecasts driven by energy arm equans - photo licensed by shore news network.

By Michal Aleksandrowicz (Reuters) – French construction-to-telecoms conglomerate Bouygues beat nine-month core profit and sales expectations on Tuesday, driven mainly by its energy arm Equans. …

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Public Support for Offshore Wind Energy in New Jersey Plummets

October 26, 2023
Public support for offshore wind energy in new jersey plummets - photo licensed by shore news network.

GALLOWAY, NJ — A recent Stockton University Poll reveals that support for constructing offshore wind turbines has significantly declined over the past four years, particularly …

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CenterPoint Energy raises full-year profit outlook, CEO to retire

October 26, 2023
Centerpoint energy raises full-year profit outlook, ceo to retire - photo licensed by shore news network.

(Reuters) – CenterPoint Energy Inc on Thursday raised its full-year profit outlook and announced that chief executive officer David Lesar will retire early next year. …

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Turbine Man: Phil Murphy’s Plan to Make New Jersey a National Wind Energy Leader

October 22, 2023
Turbine man: phil murphy's plan to make new jersey a national wind energy leader - photo licensed by shore news network.

TRENTON, NJ – New Jersey Governor Phil Murphy is on a mission to make New Jersey America’s leading offshore wind energy producer and it doesn’t …

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A GOP Win in 2023 Could Halt Murphy’s Radical Energy Agenda, Gas Car Ban and Parental Rights Fight

October 15, 2023
A gop win in 2023 could halt murphy's radical energy agenda, gas car ban and parental rights fight - photo licensed by shore news network.

TRENTON, NJ – New Jerseyans have a chance to put the brakes on New Jersey Governor Phil Murphy’s radical energy initiatives that include a gasoline-powered …

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DAVID BLACKMON: The West’s Energy Policy Is A Futile And Stupid Gesture

October 15, 2023

DAVID BLACKMON: The West’s Energy Policy Is A Futile And Stupid Gesture David Blackmon on October 14, 2023 On his first day in office, US …

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Mexico energy secretary steps down, to seek Veracruz governorship

October 13, 2023
Mexico energy secretary steps down, to seek veracruz governorship - photo licensed by shore news network.

MEXICO CITY (Reuters) -Mexico Energy Secretary Rocio Nahle has presented her resignation and will step down immediately, Mexican President Andres Manuel Lopez Obrador said on …

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Assistant Attorney General Todd Kim Delivers Keynote Address at the American Bar Association Section of Environment, Energy, and Resources’ 31st Fall Conference in Washington, DC

October 13, 2023

I’d like to thank ABA SEER for inviting me to your environmental law conference. It’s a pleasure to be here, and in particular to appear …

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Big U.S. banks warn capital hikes could weigh on green energy, equity products

October 13, 2023October 13, 2023
Big u. S. Banks warn capital hikes could weigh on green energy, equity products - photo licensed by shore news network.

By Pete Schroeder and Michelle Price WASHINGTON (Reuters) – Big bank executives warned a number of products and services could become uneconomical if new proposed …

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0rested Request to Raise Energy Rate Rejected in New York

October 13, 2023
0rested request to raise energy rate rejected in new york - photo licensed by shore news network.

ATLANTIC CITY, NJ – Danish wind farm developer 0rsted is facing more bad news after New York rejected its request to raise costs on its …

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Phil Murphy’s Clean Energy Agenda Gets Major Financial Boost from Federal Tax Dollars

October 10, 2023

TRENTON, NJ – New Jersey Governor Phil Murphy is aiming for a carbon-free electrical grid and a total ban on the sale of gasoline-powered consumer …

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Emeren completes grid connection of solar energy storage project in China

October 10, 2023

(Reuters) – Solar project developer Emeren Group said on Tuesday it has completed the grid connection of its inaugural solar storage project last month in …

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Coal industry faces 1 million job losses from global energy transition – research

October 9, 2023
Coal industry faces 1 million job losses from global energy transition - research - photo licensed by shore news network.

SINGAPORE (Reuters) – The global coal industry may have to shed nearly 1 million jobs by 2050, even without any further pledges to phase out …

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Hedge funds sell energy stocks before Middle East conflict – Goldman

October 9, 2023October 9, 2023
Hedge funds sell energy stocks before middle east conflict - goldman - photo licensed by shore news network.

By Nell Mackenzie LONDON (Reuters) – Global hedge fund managers were selling U.S. stocks sensitive to commodities at an accelerated pace in the week ending …

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Nuclear-hydrogen ‘marriage’ has potential, US energy loans chief says

September 28, 2023September 28, 2023
Nuclear-hydrogen 'marriage' has potential, us energy loans chief says - photo licensed by shore news network.

By Timothy Gardner WASHINGTON (Reuters) – Nuclear power plants using low-cost electricity to make hydrogen from water, an emerging fuel, could play a role in …

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