Hints and tips:
...Arrival is merging with Kensington Capital Acquisition Corp V, paying a huge premium in order to add $300mn to its balance sheet. It is a desperate move that is unlikely to trigger a Spac revival....
...Jonathan Wheatley Letter in response to this article: Think of the Reddit crowd as hobbits, not nerds / From Wyatt Crosswhite, New York, NY, US...
...The company is now among two dozen investor-owned US electric utilities to have pledged net-zero emissions by 2050, with Ohio-based FirstEnergy on Monday adding itself to the list with a plan to become carbon...
...“For a truly ambitious energy policy, the ADB would also need to exclude gas financing except for very rare circumstances....
...But the Electric Power Supply Association, which represents independent power producers, urged its repeal, calling it the outcome of a “corrupt legislative process”....
...Pacific Gas & Electric, blamed for sparking wildfires in California, has brought in a new CEO and 10 new directors, or 77 per cent of its board....
...“I’m starting to feel confident about a V-shaped recovery.” Letter in response to this article: Does it ever make sense to sell off a crown jewel? / From Mark Eisinger, Dubai, UAE...
...So were the whaling ships no longer needed when electric light replaced oil lamps....
...More than half of them were utilities, including Duke, Exelon, NextEra Energy and American Electric Power....
...The north-eastern US just has more electric generation capacity than it needs. If FirstEnergy’s old coal plants are kept in service, there is less energy demand left for everyone else....
...Norway’s parliament considered whether to stop investing in all fossil fuel companies — including oil and gas producers — but decided against it....
...tough new emission standards with what buyers want was highlighted at one of the biggest annual auto shows in the US, with product introductions split between fuel-efficient vehicles and old-fashioned gas...
...One example is electric drive to propellers or main rotor – an idea pursued in the past by Eurocopter....
...Energy Future Holdings Corp., previously called TXU Corp., is lining up loans to keep two subsidiaries operating during bankruptcy proceedings after months of talks have failed to produce an agreement with...
...Revenues at Texas Competitive Electric Holdings, the subsidiary that controls EFH’s power plants, fell from $9.8bn in 2008 to $5.6bn last year....
...But Exxon is one of only two companies – the other being General Electric – that were in the Dow Jones Industrial Average in 1929 and are still there today....
...Scana, Integrys, GenOn, FirstEnergy, Southern and AEP face losing the most as a proportion of their total capacity. Companies have become increasingly vocal about their concerns....
...AgustaWestland says there is a substantial market, in fast executive transport, servicing far-offshore oil and gas installations, and military or police needs that the V-22 Osprey is too expensive to fulfil...
...The balance of electric power comes from natural gas, hydroelectricity, coal and petroleum. “There’s no immediate safety concern” at Indian Point, Ms Hayden said....
...A judge in Regina v....
...Industrial stocks gained with General Electric adding 1.1 per cent to $37.01 while Fedex rose 1.5 per cent to $92.67....
...Some of America’s biggest companies will face off in the US Supreme Court later this month to fight a landmark battle over US innovation – in a case involving a gas pedal....
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