Economy & Business

"Enviva Bankruptcy Fallout Ripples Through Biomass Industry, U.S. and EU"

"In March, Enviva, the world’s largest woody biomass producer for industrial energy, declared bankruptcy. That cataclysmic collapse triggered a rush of political and economic maneuvering in the U.S. (a key wood pellet producing nation), and in Europe (a primary industrial biomass energy user in converted coal plants)."

Source: Mongabay, 04/03/2024

DOE Will Lend $1.5B To Restart Michigan Nuclear Power Plant, A US First

"The federal government will provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan, officials announced Wednesday."

Source: AP, 03/28/2024

DOE Announces $475M For Clean Energy Projects On Mine Land Sites

"The Biden administration pumped more money into clean energy projects Thursday, announcing up to $475 million in federal funding for projects in five states — including the political battleground states of Pennsylvania, Arizona and Nevada." "The administration said the clean energy projects will strengthen the country’s energy security while helping ensure mining communities continue playing a role in the energy economy."

Source: AP, 03/22/2024

‘Dangerous And Abusive’ Conditions In Indian Shrimp Industry: Report

"Noriko Kuwabara was excited to try a new recipe she’d seen on social media for crispy shrimp spring rolls, so she and her husband headed to Costco’s frozen foods aisle. But when she grabbed a bag of farm-raised shrimp from the freezer and saw “Product of India,” she wrinkled her nose."

Source: AP, 03/22/2024

"World 'Losing The Battle' Against Electronic Waste, UN Finds"

"The world is losing the battle against electronic waste, a U.N. expert said on Wednesday, after a report found 62 million metric tons of mobile phones and devices were dumped on the planet in just one year - and this is expected to increase by a third by 2030."

Source: Reuters, 03/21/2024

Pages

Subscribe to RSS - Economy & Business