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...Vargas, the Swedish investor that has started Northvolt, H2 Green Steel, and heat pump group Aira, is aiming to decarbonise swaths of European industry....
...Shares have suffered over the past two years in response: shares in Danish energy group Ørsted and in heat pump provider Nibe have more than halved since 2021....
...relatively highly for the proportion of green deals it facilitates relative to fossil fuel ones, according to an analysis by the Anthropocene Fixed Income Institute, it has kept up ties to companies which pump...
...Marshall also owns an online media group, UnHerd....
...Russell Dean, residential group product director at rival heat pumpmaker Mitsubishi Electric, echoed Hansen that a consistent message was needed. “Certainty allows us to invest at the right speed . . ....
...Also last year, US-based Carrier Global spent €12bn to acquire the climate solutions division of Viessmann, a German heating equipment group....
...The UK heat pump industry is consolidated around a handful of big, Europe-wide groups that already make and sell heat pumps alongside boilers....
...Letter in response to this article: Ambition to retrofit historic buildings needs a nudge / From Tor Burrows, Group Sustainability Director, Grosvenor, London W1, UK...
...The average cost of a gallon of gasoline sat at $3.62 yesterday, according to the motoring group AAA. That was up 7 cents on the previous week and 23 cents on the previous month....
...They will pump $1.8bn in the gym chain to refinance maturing loans and fund working capital and the growth of new clubs....
...One positive for the gas groups are potential complications in rolling out heat pumps. This could prompt the government to back hydrogen for home heating as well as the NIC’s call for pumps....
...France’s finance minister Bruno Le Maire, who has called on supermarket groups to keep prices down, last week put pressure on Total to extend the cap....
...It comes after the body found in July that Asda and Morrisons had raised their margins on fuel since being taken over by private equity groups in 2020 and 2021 respectively....
...They would pump in $1.8bn in debt to refinance maturing loans and fund working capital and the growth of new clubs, Equinox said in a press release on Friday....
...“I’ve been in contact with oil groups and distributors in recent days . . . to call on their solidarity,” Pannier-Runacher told RMC Radio....
...With the US presidential election looming, the White House is also likely to ask Opec members to pump more oil, or choose to release oil from the US strategic petroleum reserve, if prices continue to climb...
...According to the US motoring group AAA, a gallon of regular petrol cost $3.62 on Wednesday, up from $3.39 in just one month....
...Investors betting on such turnaround plays must fear that these will be the next luxury pumps to drop....
...The poll also revealed a sharp increase in concern about the price at the pump, with 52 per cent saying petrol had a big impact on their financial situation, up from 47 per cent last month....
...“Lead times are awful for air source heat pumps in particular,” said Creamer, who added that he can wait up to three months for new heat pump orders....
...The RAC Foundation, an automotive services group, welcomed the measure....
...Voters are increasingly worried about the potential for prices at the pump to go up....
...German sales of electric vehicles fell 16 per cent in 2023, according to the country’s car industry lobby group VDA, which has forecast sales of battery-powered cars to drop a further 9 per cent in 2024....
...But the UK’s advisory National Infrastructure Commission last year urged the government to back heat pumps, which run on electricity, instead saying hydrogen for heating was “simply not ready at scale”....
...patent monopoly financing of drug development (Angry Bear) — Employees allege sexual harassment and intimidation at CCI, Africa’s largest call centre company (Rest of World) — Media blitz against heat pumps...
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