Share to Twitter Share to Linkedin The Biden administration has reinstated restrictive policies under the guise of environmental protections that impact the construction of major infrastructure projects in the United States, including pipelines and highways. The timing could not be worse. Federal government regulatory intervention is on the rise. The new rule will require federal agencies to examine the climate impact of infrastructure projects under the National Environmental Policy Act (NEPA), a 1970 law that requires the government to assess the environmental outcomes. Critics say that the Biden administration took these measures to reverse his predecessor’s policy liberalization, leading to an unprecedented increase in America’s hydrocarbon production. This move has come under scrutiny amid the skyrocketing prices for oil and natural gas domestically and internationally and the need for the US to ramp up liquefied natural gas (LNG) exports to … [Read more...] about How Biden’s New Energy Restrictions Defeat His Goals For Helping Ukraine
Sunflowers can help clean radioactive soil
Share to Twitter Share to Linkedin While the food of Emilia-Romagna, centered by Bologna, is considered some of the most sumptuous in Italy, its reputation as a wine region has lagged well behind others like Piedmont, Tuscany and Campania. Known primarily for its sparkling Lambruscos, which can be as cloyingly sweet as Hawaiian Punch, Emilia-Romagna’s only other familiar wine is Albana di Romagna. One winery, however, located in Piacenza, has been as forward-looking as any in Italy. Over dinner in New York I interviewed Lucio Salamini, owner of Luretta-Castello di Momeliano, which was only founded as of 1988, which now make a wide variety of non-traditional DOP wines. Your estate is nearly half a century old, located in Piacenza in Emilia-Romagna, which has not had a reputation for fine wines. How have you worked to overcome the image that was set by cheap Lambrusco? Piacenza is still an uncharted territory for many. It is part of Emilia Romagna … [Read more...] about Luretta Winery Goes Its Own Way In Tradition-Bound Emilia-Romagna
Share to Twitter Share to Linkedin Nord Stream 2 should be juxtaposed next to the Berlin Wall — two dying breeds of oppression and a sign that a new day is coming. If the dilapidated Wall represents the fall of communism, Nord Stream 2’s demise embodies autocracy’s death and the rise of renewable energy. Despite the European Union’s dependence on Russian oil and gas, it has said it would speed up its transition to going green — and separate itself from the Russian economy. The continent aims to increase its share of renewable energy to 32% by 2030 while also ending its reliance on Russian fossil fuels. Indeed, its underlying premise is that Russia’s kingpin, Vladimir Putin, is an international menace not just to peace-loving countries but also to environmental security. “ Let's dash into renewable energy at lightning speed ,” said Frans Timmermans, who heads the EU Green Deal. “Renewables are a cheap, clean, and potentially endless source of energy, and … [Read more...] about Russia’s Invasion Kills Nord Stream 2 And Gives Rise To Renewables
Share to Twitter Share to Linkedin More than eighty percent of eligible voters turned out for the Philippines Presidential Election, and it looks a landslide victory for Ferdinand (Bongbong) Marcos Jr. While they are finishing the vote count, several media critics are already trying to punch holes in Bongbong’s stunning landslide victory. Some have pointed to the excesses of his father’s regime (of 36 years ago), while others have targeted his 92-year-old mother (Imelda). Some allege a closer friendship to China, but few have spent time examining the erosion of Philippine love for America – an important analysis for a former USA colony - where the average citizens really do love America. In bygone days, Capitol Hill pushed for closer ties with Manila but, sadly, the former pro-Philippine hawks have long since vacated the building. With Bongbong now on the rise, the U.S. Government is taking a fresh look at ways to improve the relationship. As everyone … [Read more...] about Retail’s Worry: As Philippines Trade Ramps Up – Will Bongbong Marcos Question America’s Love?
Suphan Mongkolsuthree at the Thai Sang Thai event that named him its economics team boss. (Photo: Arnun Chonmahatrakool) Suphan Mongkolsuthee, former chairman of the Board of Directors of the Federation of Thai Industries (FTI), was on Monday named leader of the Thai Sang Thai Party's economics team. Mr Suphan currently serves as an honorary chairman of the FTI board. His considerable business management experience and international reputation are the reasons why the party chose him to lead its economic team, said Pokin Polakul, a key Thai Sang Thai Party figure. "Starting as a small business owner, Mr Suphan continued expanding until he had succeeded in having up to four companies listed on the Stock Exchange of Thailand," Mr Pokin said. "Aside from his exceptional talent in business administration, Mr Suphan also has a political doctrine that matches that of Thai Sang Thai." Mr Suphan said the economic team's priority is to provide policies that will help small … [Read more...] about Former FTI chief says he has nothing to fear in entering politics
Stocks are falling after hiring in January blew past expectations, raising concerns that the Federal Reserve will lift interest rates aggressively to prevent the economy from overheating. The U.S. added 467,000 jobs last month, the Labor Department reported today. That crushed economists' expectations for 150,000 hires, driving stocks lower despite Amazon.com, Inc. ( AMZN ) gaining after a solid earnings report . Key Takeaways Stocks are falling for a second day after January hiring crushed expectations and raised concerns that the Federal Reserve will lift interest rates aggressively. Amazon is gaining around 10% and Snap more than 40% after reporting solid earnings growth. The yield on the 10-year Treasury note jumped past 1.9%, its highest in more than a year. Crude oil soared past $90 per barrel. The Dow Jones Industrial Average , S&P 500 , and Nasdaq indexes are all lower, following big declines in each yesterday. Crude oil soared past $90 per … [Read more...] about Stocks Drop as Blowout Jobs Report Increases Rate-Hike Jitters
Share to Twitter Share to Linkedin The electricity system in the U.K. was its greenest ever on Easter Monday 2021: 76%. The very next day it fell to 45%. Obviously, it varies widely with how much sun is shining and how strongly winds are blowing. The energy mix on Easter Monday was 39% wind, 21% solar, and 16% nuclear. Gas power plants provided 10% and coal plants provided zilch. Wood-burning biomass was 4%. But the race to renewables had already been won by a large state with low population in Australia. In October 2020, South Australia’s electricity was carbon-free – for one hour – powered by large-scale wind and solar but also by rooftop solar collectors (one in four houses have rooftop solar in Australia). What large daily variations in green electricity tell us is that backup supplies are needed for renewables. In the U.K., backup is mainly gas-fired power plants. In the U.S., reliability of renewables is a concern and it’s important to … [Read more...] about Green Electricity Can Be Unstable. Big-Battery Backups Are The Solution.
Vietnam’s Pham Thanh Bao celebrates his men’s 100m breaststroke win at the 31st SEA Games in Hanoi on Saturday. — VNA/VNS Photo Phạm Kiên via ANN NOI — Vietnam’s Pham Thanh Bao looked up at the electric board above the pool the moment he touched the wall at the end of the men’s 100m breaststroke, before slapping the water in delight. He had beaten powerful rivals, including title favorite Maximillian Wei Ang, to win his first-ever SEA Games gold. Wei of Singapore finished second and Gagarin Nathaniel Yus of Indonesia was third. Making his victory all the sweeter was his time of 1min 1.17sec, a new Vietnam national record. The previous record had stood since the 2009 SEA Games in Laos, set by the late Nguyen Huu Viet. Furthermore, his time also set a new Games record, beating the 1:01.46 set by James Deiparine of the Philippines at the last SEA Games. He is the first swimmer to set a new record at this year’s Games. “I am so happy with this result. Thank you for all your … [Read more...] about SEA Games: Vietnamese bet swims his way out of poverty
The Cincinnati Reds threw a combined no-hitter against the Pittsburgh Pirates and still lost Sunday, the equivalent of winning the lottery and losing your ticket in the wash. It will go down as a quirk of history , one of only six games in which a team lost while throwing eight or more no-hit innings. The 10,559 fans who witnessed the feat at PNC Park will never forget watching the lowly Pirates win a game without a single hit. Unfortunately, it won’t go down as an official no-hitter thanks to former Commissioner Fay Vincent and the eight-man committee he chaired in 1991 that changed the definition. “The committee was there, really, to clean up any ambiguities that would come up under the rules of the definitions that existed,” Vincent later told the Sporting News. Ambiguities? The term was pretty clear. A pitcher or team that allows no hits should be credited with throwing a no-hitter, right? But this was 1991, when baseball was still operating under the presumption … [Read more...] about Column: MLB needs to change the definition of a no-hitter and reward the Cincinnati Reds pitchers for making history
After 13 grueling years of political debate, Congress passed a bill that enabled some of the largest infrastructure spending in U.S. history—an almost 20% increase over the annual federal public works budget. advertisement The spending created clean energy, jobs, addressed environmental issues (while creating others), and ultimately, while backstopped by Congress, paid for itself. If this sounds too good to be true—it isn’t—because this happened in 1928. The spending was for the Hoover Dam. And while there were other projects part of the “infrastructure stimulus” of that era, this iconic project is a great representation of the good and bad of a meaningful infrastructure spend. Over the past 10 years, infrastructure has become an outsized and unrequited topic—it has featured prominently in presidential campaigns, has been the subject of many (mostly unpassed) bills and hundreds of conferences, and marketed in at least a dozen “Infrastructure Weeks.” Will it be said … [Read more...] about Infrastructure 2021: Delivering more sustainable and equitable infrastructure