The standoff with Russia over Ukraine and rising energy prices are rapidly overturning European economic orthodoxy, with barely a peep of dissent.
Tag: Energy and Power
Liz Truss, New UK Leader, Lays Out Energy Price Cap Plan
Facing severe economic headwinds, Prime Minister Liz Truss announced emergency measures to freeze gas and electricity rates.
Rising Energy Prices and High Inflation: The Economic Issues Facing Liz Truss
Consumer prices in Britain are rising at their fastest pace in decades, as the inflation rate exceeds 10 percent and is expected to keep climbing.
Hawaii Closes Its Last Coal-Fired Power Plant
A state law bans the use of coal for energy production beginning next year.
John Podesta to Oversee $370 Billion in U.S. Climate Spending
Mr. Podesta, a Democratic stalwart, will oversee $370 billion in clean energy investments. Gina McCarthy, the president’s domestic climate adviser, is stepping down.
California Approves a Wave of Aggressive New Climate Measures
After lobbying by the governor, lawmakers adopted $54 billion in climate spending and voted to keep open the state’s last nuclear plant.
Will a Renewed Iran Nuclear Deal Cut Energy Prices?
A successful deal to restrain Iran’s nuclear program would mean that Washington lifts tough sanctions on Iran’s oil and gas exports. But it may already be too late for that to help this winter.
How German Companies Are Staring Down Putin’s Threat to Cut Off Gas
Industrial producers across Germany are coming up with unique ways to cut their dependence on natural gas as Russia’s war in Ukraine keeps prices high.
Mexico Sees Its Energy Future in Fossil Fuels, Not Renewables
The president’s push to bring the energy sector under state control has put up roadblocks to renewable energy and left Mexico’s climate goals behind.
Leadership Vacuum Heightens Worries as Crises Loom in U.K.
As energy prices and inflation soar under a caretaker prime minister, critics say transition at the top is leaving Britons in limbo at a tumultuous moment.