Where is hydroelectric energy used

Kevin Johnson is an Iraq War veteran and board director of the American Resilience Project and Environmental Defense Action Fund. Mark Ruffalo is an actor, environmental advocate and co-founder of We Stand United. Both are founding members of the Clean Energy Freedom campaign. The opinions expressed in this commentary are their own. As energy tensions continue to rise in Europe amidst the war in Ukraine, Americans are feeling the effect at home. Russia shut off natural gas supplies to Poland and Bulgaria last month, and the European Union recently proposed a ban on Russian oil imports. Meanwhile, just last week, the US Consumer Price Index showed that gas prices were up 44% (on an unadjusted basis) in the 12 months ended in April, and the national average is currently hovering around $4.52 a gallon. It's clear that Russian President Vladimir Putin is trying to weaponize Europe's dependence on his country's fossil fuels to deter support for Ukraine. This moment … [Read more...] about Opinion: How President Biden can win the energy war with Russia — and lower gas prices

Reuters filepix for illustration purpose only - A + A KUALA LUMPUR (May 17): Malaysia saved 132.43 gigawatt hours (GWh) of electricity amounting to RM48.34 million as at Dec 31, 2021 via the Energy Management Gold Standard (EMGS), which places emphasis on efficient energy use by the industrial and building sectors, said Energy and Natural Resources Deputy Minister Datuk Ali Biju. “The programme (EMGS) is in line with the government’s national energy efficiency and conservation effort. "The Energy and Natural Resources Ministry (KeTSA) fully supports this programme and hopes it will be adopted by more sectors and industries," he said during his speech at the EMGS award ceremony on Tuesday (May 17). EMGS is a certification system under the ASEAN Energy Management and Accreditation System [AEMAS]. He also highlighted the government’s commitment to the National Energy Efficiency Action Plan (NEEAP) 2016-2025 and its strategies to reduce domestic, commercial … [Read more...] about Malaysia’s energy savings in 2021 totalled RM48.34 mil

Share to Twitter Share to Linkedin Vladimir Putin’s invasion of Ukraine and the rise of food insecurity and inflation around the world are reasons to strengthen, not weaken, international commitments to end reliance on fossil fuels, the U.K.’s COP26 president has said. Speaking in Glasgow six months after the end of the COP26 climate summit, Alok Sharma focused on the successes of the conference, but noted that in the half-year since, global events had further highlighted the need for economies to move away from using coal, oil and gas as quickly as possible. “The world has changed,” Sharma said. “The clouds have darkened over the international landscape: war has returned to Europe ... debt is mounting, energy prices are rising, and globally people are struggling to feed their families.” These crises, Sharma went on, “should increase, not diminish, our determination to deliver on what the world agreed here in Glasgow,” noting that Russia’s invasion … [Read more...] about ‘Climate Security Is Energy Security’: COP26 President’s Warning To The World

London (CNN Business) Europe can't make up its mind on how to pay for Russia natural gas imports that continue to fuel homes, businesses and power stations. The confusion centers on the logistics of the payments themselves. Several European gas buyers have been preparing to work around the Kremlin's demand that gas bills be paid in rubles, rather than the euros or dollars stipulated in contracts. According to Russia's new payment mechanism, buyers in "unfriendly" countries must open two accounts at Gazprombank — one in euros and the second in rubles, from which payments for the gas would be made. But on Tuesday, the European Commission said companies opening an account in Russia's Gazprombank to allow their payments to be converted into rubles would fall foul of EU sanctions. That statement appeared to contradict guidance the Commission gave just four days earlier, which led some of Europe's biggest energy companies to assume they could get … [Read more...] about Europe is still confused about how to pay its Russian gas bills

Share to Twitter Share to Linkedin This is Part I of a three-part series from an extensive interview with the former finance minister of Ukraine. The third one includes how to help Ukraine. She also gave career advice. Part I is here. Part I: The Enabler For years after World War II, there was a prevailing theory that when we are trading partners, we are less likely to have conflicts. Labeled “the liberal peace,” political scientists across disciplines believed ‘that mutual economic interdependence can be a conduit of peace,” because it “limits the incentive to use military force in interstate relations,” as the Cato Institute put it as recently as 2020. Companies opened markets across the globe and leveraged that access to reduce costs, building international supply chains. In the process, they created a complex web of trade, commerce and shipping that kept shareholders happy and executives on airplanes. It grew local economies, but also … [Read more...] about The Hidden Power Of ESG – Part 1 Of 3-Part Series: Interview With The Former Finance Minister Of Ukraine

Share to Twitter Share to Linkedin Every legendary investor worth their salt has some sort of phrase to describe what investors should be doing right this very minute. “Be fearful when others are greedy, be greedy when others are fearful.” “Buy when there’s blood in the streets.” Largely speaking, most stocks on the market are on sale to some extent. And sure, we could go out and make a few targeted bets on these bargains. But I’d prefer to squeeze even more value out of the stock market. Enter closed-end funds (CEFs). Why CEFs Are Our Best Option Now If we were to go out and buy an exchange-traded fund (ETF) that invests in, say, the Nasdaq Composite or Russell 2000, or really any area of the market you felt was underpriced, you’d be able to enjoy in the collective discounts of all their holdings. No more, no less. But with CEFs , we can do even better. My mom, to this day, refuses to pay the sticker price. If there’s a … [Read more...] about This 9.2% Monthly Dividend Portfolio Is In The Bargain Bin

Share to Twitter Share to Linkedin I ran into an old acquaintance at the 2022 ACT Expo in Long Beach last week. Terry O’Day has been involved with electric vehicles for over 25 years, and our paths have crossed, indirectly or maybe directly, here and there, over the years. O’Day is currently the Chief Operating Officer of InCharge Energy , and we talked about how InCharge fits into the fleet charging environment in 2022, how thinking through total cost of ownership convinces fleet managers and how cheap solar panels can show us a way to get more EVs to more people . But first, a bit of history . Terry O’Day : I’ve been in the EV charging business since 1996, it was my first job in my career and this is my fifth EV startup. My wife worked on the EV1 marketing and we were in the movie [2006’s Who Killed The Electric Car? ]. Sebastian Blanco : [ Disclaimer: I briefly appear in the sequel, Revenge of the Electric Car , released … [Read more...] about InCharge COO Terry O’Day: Fleet Charging EVs Is About To Get Real

Share to Twitter Share to Linkedin When NASA sent its InSight lander to Mars in 2018 it knew it may have to land during a dust storm. Its heat shield was thick to withstand being “sandblasted” by suspended dust and it had a super-strong parachute to cope with the extra air resistance during a dust storm. In the event it landed safely in the Elysium Planitia region of Mars —the flattest area of the red planet nicknamed the “parking lot”—and has been measuring “marsquakes” ever since. However, the dust devils that NASA had assumed would frequently blow over it haven’t materialized and, as a consequence, InSight is now quickly being covered in red Martian dust. As dust accumulates on its solar panels it’s experiencing declining power. It even had to be switched-off on May 7 after a massive drop in power. It’s now in terminal decline. When it arrived InSight’s solar panels were collecting about 5,000 Watt hours per Martian day. It’s now about a tenth … [Read more...] about Our ‘Marsquake’ Mission On The Red Planet Will Bite The Dust By Mid-July Says NASA

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here . You can listen to an audio version of the newsletter by clicking the same link. London (CNN Business) West Texas Intermediate crude, the reference point for US oil prices, usually trades at a discount of a few dollars to Brent crude, the global benchmark. But this morning, the near-term futures contracts for WTI and Brent are both roughly $115 per barrel — an indication of how the market has been scrambled by the pandemic and the war in Ukraine ahead of the busy summer driving season. "This is a significant development in my opinion," Jeffrey Halley, a senior market analyst at Oanda, told clients on Tuesday. Quick rewind: Oil prices have jumped over the past week. Both WTI and Brent are trading near two-month highs. The national average for regular gas in the United States hit a fresh record of $4.52 a gallon on … [Read more...] about American oil is usually a cheaper option. Not anymore

- A + A TOKYO (May 17): Japan's cabinet has approved a ¥2.7 trillion (US$21 billion) additional budget to help households and firms hit by higher prices, as the government looks to shore up support ahead of a key summer election. The budget is part of a package of measures announced by Prime Minister Fumio Kishida last month that aims to ease the impact of inflation, particularly from rising energy costs amplified by the slide in the yen to two-decade lows. The additional spending comes the day before the government announces growth figures for the first quarter that are expected to show Japan's recovery stalling. Analysts estimate the economy contracted at an annualised pace of 1.8% as consumer spending was battered by the Omicron wave and the renewed activity restrictions that it triggered. With the measures, Kishida is showing his willingness to act promptly to address rising discontent over soaring energy and food prices while demonstrating his desire to … [Read more...] about Japan approves US$21 billion extra budget to ease price pain