Duke Energy offers tips to save energy and money as temperatures plunge in Ohio and Kentucky

Duke Energy offers tips to save energy and money as temperatures plunge in Ohio and Kentucky

B-roll of energy-saving tips to combat the cold available here CINCINNATI, Jan. 12, 2024 /PRNewswire/ — A wintry mix of precipitation and bitterly cold temperatures are expected to arrive this weekend. Along with severe wind gusts, there is an elevated likelihood for scattered power outages across Ohio and Kentucky. With sub-freezing temperatures on the horizon, Duke … Read more

2024 is the year the world could reach peak coal use. But it’s a tough habit to quit

2024 is the year the world could reach peak coal use. But it’s a tough habit to quit

With the COP28 climate summit now in the rearview mirror, some researchers say the moment is here when coal consumption in power plants around the world will finally peak before beginning a perpetual fall. For more than a century, coal has been used to produce electricity, and to this day remains the workhorse of the global power … Read more

Car rental giant Hertz dumps EVs in U.S. in favour of gasoline engines

Car rental giant Hertz dumps EVs in U.S. in favour of gasoline engines

Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher expenses related to collision and damage, and will opt for gas-powered vehicles. Shares of the rental company, which also operates vehicles from Swedish EV maker Polestar among others, fell about four per cent. Tesla’s stock was down about … Read more

Big Canadian banks may be making misleading claims on sustainability, says securities complaint

Big Canadian banks may be making misleading claims on sustainability, says securities complaint

Canada’s big five banks are potentially misleading investors with their use of terms like sustainable finance, according to a complaint to securities regulators by a climate advocacy group. Banks are using the term “sustainable finance” too broadly and not backing up the claims with data, Investors for Paris Compliance said in its submission Tuesday to … Read more

Who benefits most from Canada’s ambitious EV targets? Maybe China

Who benefits most from Canada’s ambitious EV targets? Maybe China

Flavio Volpe, head of the Automotive Parts Manufacturers’ Association, believes the recent electric vehicle targets set out by Canada’s environment minister also carried this pointed message to Canada’s domestic auto industry: “Let them eat cake.” Volpe says he has come to this conclusion because he believes those goals, which include a national target of 100 per cent zero-emission vehicle sales by 2035, cannot be … Read more

John Catsimatidis promotes son to president of $7B Red Apple Group

John Catsimatidis promotes son to president of B Red Apple Group

Billionaire business mogul John Catsimatidis promoted his 30-year-old son to president and chief operating officer of the $7 billion Red Apple Group, which has a vast empire that spans media, real estate, fossil fuels, and the Gristedes and D’Agostino’s grocery chains in New York City. John Catsimatidis Jr., who was previously chief investment officer at … Read more

The Week… The election campaign goes up a gear – POLITICO

The Week… The election campaign goes up a gear – POLITICO

Two of Westminster’s best-connected journalists, Sky News’s Sam Coates and Politico’s Jack Blanchard, guide us through their predictions of how British politics will play out over the next seven days. This week: As well as election fever ramping up as MPs return to Westminster, they look at what else is in store for Rishi Sunak. … Read more

German prosecutors launch probe into suspected sabotage of LNG pipeline  – POLITICO

German prosecutors launch probe into suspected sabotage of LNG pipeline  – POLITICO

German federal prosecutors have opened an investigation into a suspected case of sabotage after small holes were found in a liquefied natural gas pipeline under construction in the north of Germany.  Prosecutors have taken over an “investigation into the initial suspicion of anti-constitutional sabotage,” a spokeswoman for the Federal Public Prosecutor General told German public … Read more

New oil and gas law risks UK’s green cred, says former climate chief – POLITICO

New oil and gas law risks UK’s green cred, says former climate chief – POLITICO

LONDON — A new law to introduce annual licensing rounds for North Sea oil and gas exploration is a “distraction” that risks undermining the U.K.’s green “credibility” on the world stage, the country’s former top climate diplomat has warned. MPs will vote on the government’s Offshore Petroleum Licensing Bill for the first time on Monday. But … Read more

Trudeau goes into 2024 in dire need of a better story to tell

Trudeau goes into 2024 in dire need of a better story to tell

The memo sent to staff in the Prime Minister’s Office to announce the hiring of Max Valiquette as the government’s new executive director of communications said the former marketing executive would be focused on, among other things, “aligning the entire team under a clear narrative.” In politics, a clear narrative isn’t everything, but it’s a … Read more