Minerals for climate action the mineral intensity of the clean energy transition

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

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’

While still CEO of now-collapsed FTX, Bankman-Fried transferred millions of dollars to his father. Some of those funds have since been used to pay for his mounting legal fees, according to two sources close to the company. By Sarah Emerson and Steven Ehrlich S am Bankman-Fried, founder of fallen cryptocurrency exchange FTX who claimed to have just $100,000 in his bank account last November, is preparing for trial in October backed by a roster of powerful attorneys. But it has remained unclear, until now, how the former billionaire would afford his pricey defense. Forbes has learned that Bankman-Fried has been paying legal fees from a multi-million dollar gift he gave his father with money borrowed from FTX’s sister company. In 2021, while CEO of FTX, Bankman-Fried made a large monetary gift to his father, Stanford Law professor Joseph Bankman, two sources with operational knowledge of both companies told Forbes . It was funded by a loan from the … [Read more...] about Sam Bankman-Fried’s Legal Defense Is Being Funded With Alameda Money He Gifted His Father

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