EV drivers in Britain see jump in public charging cost

The U.K. has laid out plans to ramp up the number of electric vehicles on its roads over the next few years. Coldsnowstorm | E+ | Getty Images Electric car drivers in the U.K. have seen the cost of using a public, “rapid” charger on a pay-as-you-go tariff rise by 42% since May, according to … Read more

When will Europe learn to defend itself? – POLITICO

Press play to listen to this article PARIS/BERLIN — Thirty years after the horrors of the Balkan wars laid bare Western Europe’s incapacity to deal with conflict on European soil, Russia’s invasion of Ukraine is demonstrating how little has changed. As Yugoslavia started to break apart in 1991, it fell to the Luxembourgish Foreign Minister … Read more

Converting Coal Power Plants to Nuclear Gains Steam

Utrecht, a largely bicycle-propelled city of 350,000 just south of Amsterdam, has become a proving ground for the bidirectional-charging techniques that have the rapt interest of automakers, engineers, city managers, and power utilities the world over. This initiative is taking place in an environment where everyday citizens want to travel without causing emissions and are … Read more

Brent crude slides below $85 a barrel as dollar surges

An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States. Tayfun Cosku | Anadolu Agency | Getty Images Brent crude fell below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged. Brent futures for November settlement were trading down over 1% around $84.92 at 8 … Read more

Germany’s Scholz inks gas deal with United Arab Emirates – POLITICO

Olaf Scholz culminated a two-day trip to the Persian Gulf region by signing a gas deal with the United Arab Emirates (UAE) on Sunday, but the German chancellor’s mission was overshadowed by human rights concerns. Amid Russia’s halt in gas deliveries to Germany and skyrocketing energy prices in Europe, Scholz traveled to the region to … Read more

The Wild Plan to Export Sun From the Sahara to the UK

By the time Scotland’s Hunterston B nuclear power station closed in January of this year, its dual reactors had produced enough energy to power 1.8 million British homes for 46 years. It also provided over 500 jobs to people living in one of the country’s most deprived areas. Now, a project borne on the tide … Read more

Hochul’s green power scheme may raise New Yorkers’ power costs

The green-energy movement has been very good for Wall Street, and not so good for consumers. Energy prices remain stubbornly high because environmentalists control vast swaths of government on both the federal and state levels mandating inefficient windmills, solar panels and other costly boondoggles. Meanwhile, the Wall Street cash register keeps ringing. Money managers sell … Read more

Stocks Are Sinking and Rates Are Rising. It’s Painful, But We’re Heading for Normal.

Stocks and bonds are tumbling. Housing has weakened. And I haven’t heard a word about nonfungible cartoon monkey tokens in maybe three months. Strategists are now turning to truly bizarre assets—two I spoke with this past week recommended purchasing long-term Treasurys. One also said to favor shares of companies that generate cash, and he wasn’t … Read more

5 Dividend Stocks to Beat Inflation and Rising Interest Rates

Dividend stocks are facing stiffer competition, thanks to a big spike in bond yields. A risk-free 10-Year Treasury note was recently yielding 3.7%, up from 1.63% at the start of 2021. That’s well above the S&P 500 index’s dividend yield of 1.76%, making bonds more attractive for income investors. But this isn’t the time to … Read more

UK government dishes out tax cuts as country braces for recession

U.K. Chancellor Kwasi Kwarteng outside 10 Downing Street. Britain will cap the cost of electricity and gas for businesses. Rob Pinney | Getty Images News | Getty Images LONDON — The new U.K. government announced a sweeping program of tax cuts and investment incentives Friday, as Prime Minister Liz Truss seeks to boost the country’s … Read more