Late. Dianne Feinstein, a longtime critic of nuclear energy, said in June that she had changed her mind about California’s last nuclear power plant at Diablo Canyon. Closing it, she said, does not make much sense “under these circumstances.” Even before the current global energy crisis, experts warned for years that nuclear phases like Germany’s … Read more
Updated July 18, 2022 at 9:53 ET Listen to the article (2 minutes) European nations must take swift and coordinated action to avert a potentially catastrophic crisis in natural gas supplies this winter caused by reduced Russian supplies, warned the head of the International Energy Agency. Europe faces a real possibility that Russia will choose … Read more
Rising oil and natural gas prices. The power grid on the verge of failure. Energy shortage in Europe, with worse waiting. The growing strategic vulnerability of the free world to Vladimir Putin and other dictators. These are some of the unfolding results of the last year caused by the West’s utopian dream of punishing fossil … Read more
ERCOT (Electricity Reliability Council of Texas) urges Texans to voluntarily save power due to extreme heat that could potentially cause rolling outages. Photo: Brandon Bell / Getty Images Californian transplants moving to Texas no doubt thought they had escaped power outages. Think again. Texans this week were told to turn up their thermostats in the … Read more
Another rise in producer prices suggests that consumers may have to wait a while for inflation to fall. But it’s nice for bargain hunters to know that there are still a few juicy targets out there in the marketplace. For example, the Journal’s Joseph De Avila reports: Costco Wholesale Corp. eats the higher cost of … Read more
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The rising energy costs make winter expensive. The price of heating oil in New England rose from $ 3 per barrel. gallon to $ 5 last winter, with $ 6 possible this year in some areas as the war in Ukraine disrupts energy markets. Natural gas prices can more than double heating costs this winter. … Read more
A general display of the plenary hall of the lower house of Germany in the parliament, the Bundestag, in Berlin, on 8 July. Photo: MICHELE SO MUCH / REUTERS Europe’s climate occupations have led to an energy crisis, and who would have thought that the Germans would choose to make it worse. That was what … Read more
PARIS – The French government said it would nationalize the electricity company EDF says the move is necessary to steer the transition away from fossil fuels in a time of energy crisis and war in Ukraine. Prime Minister Élisabeth Borne, speaking to the National Assembly for the first time since President Emmanuel Macron appointed her … Read more
EU lawmakers voted to include nuclear power and natural gas on the bloc’s list of investments considered sustainable, a move that is hoped to trigger more funding for these sectors but which critics said would slow the EU’s shift to greener energy sources. Opponents of the plan failed to gather sufficient support for a veto … Read more