Share to Twitter Share to Linkedin Calls for the immediate scaling back and even discontinuation of fossil fuel use have grown strident again recently, on the heels of this month’s release of the final installment of the IPCC’s Sixth Assessment Report. It spawned urgent rhetoric like that from United Nations Secretary General Antonio Guterres , who said, “…it is possible to limit global warming to 1.5 degrees [Celsius] with rapid and deep emissions reductions across all sectors of the global economy.” His comments were accompanied by yet another round of demands for an immediate halt to funding of any further hydrocarbon investments . That comes in the wake of last year’s anti-fossil fuel mania, when the news was dominated for weeks by the actions of activists from groups like Just Stop Oil . They made headlines by trying to destroy precious works of art and gluing themselves to roadways, all in the name of fighting climate change through their demand … [Read more...] about Want Clean Energy? We’ll Need More Fossil Fuels
Energy transitions commission
Beware Of Fake “Treatments” Or “Cures” For Dementia
Share to Twitter Share to Linkedin The Federal Trade Commission often issues warnings for consumers about scams of all kinds. They are raising the alarm about phony treatments and cures for Alzheimer’s disease and dementia, sending letters to the companies that advertise these fake products. We can understand why people who desperately want a cure for a disease that is currently not curable will look to the internet for promises. Alzheimer’s disease and related dementias create a long, sad, expensive journey for elders and their families. We address these every day at AgingParents.com, working with these families. No one wants to hear from doctors that there is no treatment to fix the disease and that no drug company has a cure. Denial leads folks to find a way to cope with the sad truth. Desperation for relief is an invitation to manufacturers who create false hope for those affected. Memory Supplements You may see the ads on TV or the internet … [Read more...] about Beware Of Fake “Treatments” Or “Cures” For Dementia
Virgin Orbit collapse: Mass layoffs at Richard Branson’s satellite launch company after failed mission
Richard Branson’s Virgin Orbit is letting go of almost its entire work force with the satellite launch company finding it difficult to secure funding three months after a failed mission. The company, headquartered in Long Beach, California, will cut 675 jobs, about 85% of its workforce, according to a Friday filing with the U.S. Securities and Exchange Commission. Earlier this month Virgin Orbit said that it was pausing all operations amid reports of possible job cuts. At the time the company confirmed that it was putting all work on hold, but didn’t say for how long. In January, a mission by Virgin Orbit to launch the first satellites into orbit from Europe failed after a rocket’s upper stage prematurely shut down. It was a setback in the United Kingdom which had hoped that the launch from Cornwall in southwest England would mark the beginning of more commercial opportunities for the U.K. space industry. The company said in February that an investigation … [Read more...] about Virgin Orbit collapse: Mass layoffs at Richard Branson’s satellite launch company after failed mission
Gas Prices Hit Two-Month High, Though Experts Doubt They Will Rebound To $5—Here’s Where They’re Most Expensive
Share to Twitter Share to Linkedin Topline The national average price for a gallon of gas hit a two-month high Thursday, as gas demand continues to increase heading into the summer while inventories drop, though experts doubt prices will return to their $5 record high recorded last summer. Key Facts The national average for a gallon of gas shot up to $3.46 Thursday, an increase of 5 cents on the week, bringing it to its highest point since the end of January, according to data from GasBuddy . Gas prices have now rebounded more than 40 cents since reaching a low of $3.05 per gallon on December 26. Analysts attribute the rising prices to a combination of high demand and low supplies: Gas demand increased narrowly from 8.81 million barrels per day to 8.82 million barrels over the week ending March 24, while gas reserves dropped from 229.6 million barrels to 226.7 million barrels over the same time, according to Energy Information Agency … [Read more...] about Gas Prices Hit Two-Month High, Though Experts Doubt They Will Rebound To $5—Here’s Where They’re Most Expensive
U.S. Fines Wells Fargo Nearly $100 Million For Sanctions Violations
Share to Twitter Share to Linkedin Topline The Federal Reserve and Treasury Department fined Wells Fargo $97.8 million on Thursday for allowing a foreign bank to make hundreds of millions of dollars in transactions that were prohibited under U.S. sanctions laws, the latest multi-million-dollar penalty from regulators to hit Wells Fargo in recent years. Key Facts Wells Fargo is accused of allowing an unnamed foreign bank to process $532 million worth of prohibited transactions on its Eximbills financial platform from 2010 to 2015, the Federal Reserve Board said in an announcement. The bank kicked the foreign client off its platform in 2015 and reported the issue to the Fed and the Treasury, according to a filing from U.S. regulators. The Treasury says the bank—which agreed to a settlement with the federal government—violated sanctions against Iran, Syria and Sudan. The Federal Reserve fined the bank $67.8 million, and the Treasury … [Read more...] about U.S. Fines Wells Fargo Nearly $100 Million For Sanctions Violations
McCarthy Mocks Biden Amid Debt Ceiling Standoff—Offering To Bring ‘Soft Foods’ To Negotiating Table
Share to Twitter Share to Linkedin Topline House Speaker Kevin McCarthy (R-Calif.) launched a personal attack against President Joe Biden on Thursday, as negotiations between the White House and GOP lawmakers surrounding two high-stakes fiscal issues—the debt ceiling and the federal budget—are deadlocked. Key Facts McCarthy offered Thursday to meet with Biden “tonight” to discuss increasing the U.S.’ federal borrowing limit, offering to bring “soft foods” to a White House lunch if Biden would agree to a sit-down, in what appears to be a ham-fisted attempt to ridicule the president about his age. (At 80, Biden is the oldest president in history.) The offer is a non-starter, however, as the White House has repeatedly called on Congress to pass a debt ceiling increase with no strings attached and said it will not negotiate with Republicans on increasing the borrowing limit, which the federal government is expected to reach some time in late summer. … [Read more...] about McCarthy Mocks Biden Amid Debt Ceiling Standoff—Offering To Bring ‘Soft Foods’ To Negotiating Table
How Older Veterans Can Protect Themselves From Scam Artists
Share to Twitter Share to Linkedin By Rachel Leland, Next Avenue As aging World War II veteran Johnnie Ray Toland started showing signs of Alzheimer's, his family began searching for an assisted living home to care for him. Staff members at one home introduced the family to Tammi Palasini. Palasini, who would later be sentenced to 20 years behind bars for various crimes, including fraud, convinced the Toland family to give her control of $340,000 of their funds. Aid and Assistance Scam In what is known as an "aid and assistance scam," Palasini falsely promised the Toland family that she would help diversify their father's assets to get beneath the threshold to qualify for VA benefits and earn a return on their investment. It wasn't until after Toland's death three years later that the family learned Palasini was a scam artist who had victimized them and their father. On the same day as Toland's funeral, a postal inspector contacted … [Read more...] about How Older Veterans Can Protect Themselves From Scam Artists
Dansby Swanson stars in his Chicago Cubs debut, a 4-0 opening-day win: ‘I’m really soaking up these moments’
Dansby Swanson needed only one game to understand how “Go, Cubs, Go” hits differently when the tune resonates at Wrigley Field while wearing the home pinstripes. Swanson’s Chicago Cubs debut Thursday encompassed exactly what the organization expected in the all-around shortstop when they signed him to a seven-year, $177 million contract in the offseason. He became the first Cub to have three hits in his team debut since, fittingly, Nico Hoerner on Sept. 9, 2019. The duo teamed up to turn an inning-ending double play in the top of the third inning to help right-hander Marcus Stroman escape the bases-loaded jam. Swanson also drove in a run, the Cubs’ first of the season, to spark a four-run third en route to a 4-0 opening-day win against the Milwaukee Brewers. A day that began with an early wake up and prayer ended with Swanson putting a rough offensive spring performance behind him to lead the Cubs to a complete win in front of contingent of supporters that included his parents and … [Read more...] about Dansby Swanson stars in his Chicago Cubs debut, a 4-0 opening-day win: ‘I’m really soaking up these moments’