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After a year-long investigation pre-dating the Trump Administration, the U.S. sets new anti-dumping and countervailing duties on solar imports from Cambodia, Malaysia, Thailand, and Vietnam, finding suppliers guilty of exporting to U.S at below production costs. The tariff levels were as high as 3,521% for Cambodian imports. The U.S. imported almost $ 13 bn of solar from these countries in..
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The Prime Minister is bringing forward an initial £300 million investment ahead of the Spending Review through Great British Energy to win global offshore wind investment for the UK. The fund will boost domestic jobs, mobilise additional Finance for the Green Economy
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Every week, I host 'The KJ Show,' which offers a mix of breaking news and practical advice on how the energy industry affects the consumer. During this fast-paced show, I combine weekly energy updates with conversations with leaders in the energy efficiency community. After each show, I'll share it here with the Energy Central Community in case you were unable to join me live. ..
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Saudi Arabia, US on ‘pathway’ to civil nuclear agreement, Energy Sec. Chris Write says Reuters reports that the United States and Saudi Arabia will sign a preliminary agreement to cooperate over the kingdom’s ambitions to develop a civil nuclear industry, U.S. Energy Secretary Chris Wright told reporters in the Saudi capital Riyadh on Sunday..
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The first cruise ship in the world to be powered by hydrogen FINCANTIERI and Viking announced the first cruiseship in the world to be powered by hydrogen stored onboard for both propulsion and onboard electricity generation, the VikingLibra”. The vessel is currently under construction at the Fincantieri Ancona shipyard, with delivery scheduled for late 2026. ..
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The tariff increases established by the United States and the associated global retaliations bring about a scenario that is very different from what we were used to. I see two major changes.
1) Generalized increase in costs
The prices of goods and services will be burdened by the new tariffs, which are very significant. And, of course, this will be reflected in people’s pockets.
2) Fiscal balance (potentially)
These tariffs will bring substantial revenue to governments, which will thus be able to escape the current situation of systemic increase in deficits.
The consequence will be a reduction in people’s purchasing power. It is as if there were a generalized increase in taxes to pay for the public sector, making an environment of fiscal balance viable. In an optimistic view, in the long term, there will be conditions for progress again, with budgetary sustainability.