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News & Articles By Willow Tohi
01/29/2025
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By Willow Tohi
EU weighs EV subsidies to counter Chinese dominance in auto market
The European Union is considering introducing pan-European subsidies to bolster its electric vehicle (EV) industry and protect domestic car manufacturers from cheaper Chinese imports. The proposed subsidies aim to counter the threat posed by Chinese EVs, which could cost European automakers up to €7 billion ($7.7 billion) annually in lost profits by 2030, according to […]
01/21/2025
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By Willow Tohi
Federal Reserve, BlackRock retreat from climate coalitions as economic realities take precedence
The Fed has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), emphasizing its focus on monetary stability and rejecting the politicization of climate policy, which Fed Chair Jerome Powell argues is outside the central bank’s mandate. BlackRock, the world’s largest asset manager, has left the Net Zero Asset […]
01/14/2025
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By Willow Tohi
Australia’s energy crisis: A self-inflicted wound threatening the economy
Domestic energy prices in Australia have tripled over the past decade, despite being a major exporter of natural gas, crippling the manufacturing sector. High energy costs are driving Australian manufacturers to consider relocating to countries like the U.S., where energy is cheaper and more reliable, leading to a potential loss of the country’s industrial base. […]
01/02/2025
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By Willow Tohi
Big Oil returns to core strengths, retreats from green energy investments as climate agenda loses steam
In 2024, European energy giants like BP, Shell and Equinor scaled back investments in renewable energy projects, refocusing on oil and gas due to profitability and market demands. High oil and gas prices, driven by geopolitical disruptions like the Ukraine war, made fossil fuels more profitable, while renewables faced financial challenges like inflation and supply […]
12/27/2024
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By Willow Tohi
Hertz’s EV debacle exposes the green tyranny scam
Hertz’s ambitious plan to electrify its rental fleet has failed, leading to significant financial losses, including a $1 billion impairment charge, plummeting stock prices and the resignation of CEO Stephen Scherr. The company’s EVs were expensive to maintain, depreciated rapidly and were less popular with renters than traditional gas-powered vehicles, forcing Hertz to offload Teslas […]
12/21/2024
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By Willow Tohi
Fusion future: Virginia set to host world’s first commercial fusion power plant
Commonwealth Fusion Systems (CFS) plans to build the world’s first grid-scale commercial fusion power plant, ARC, in Chesterfield County, Virginia, delivering 400 megawatts of clean, carbon-free electricity by the early 2030s. ARC will use advanced fusion technology to replicate the sun’s energy production, generating electricity without emissions or radioactive waste, and producing only helium as […]
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