Category: energy

Jul 28

Scholz Is Failing to Engineer a Liftoff for the German Economy

Breadcrumb Trail Links PMN Business Germany’s inability to generate meaningful growth is casting a shadow over the long-term prospects for the economy — and political hopes for the three ruling parties under Chancellor Olaf Scholz. Author of the article: Bloomberg News Marilen Martin Published Jul 28, 2024  •  4 minute read 9o2tc{vz66[m1nmlcsl3o3[t_media_dl_1.png Destatis, Bloomberg survey […]
Jul 27

How Close Can Labour Get to a Zero Carbon UK Power Grid?

Breadcrumb Trail Links PMN Business Britain’s new government wants a zero-carbon electricity system by the end of this decade. Now it has to figure out what that really means and whether it’s doable. Author of the article: Bloomberg News William Mathis Published Jul 27, 2024  •  4 minute read r1potco4fbeyw62lyqh]wkqo_media_dl_1.png Bloomberg Article content (Bloomberg) — […]
Jul 27

China Defends Manufacturing Push, Says World Needs More EVs

Breadcrumb Trail Links PMN Business China’s manufacturing capacity is helping the world fight climate change and contain inflation, said Vice Finance Minister Liao Min, pushing back against US Treasury Secretary Janet Yellen’s latest criticism of the nation’s industrial excess. Author of the article: Bloomberg News Bloomberg News Published Jul 27, 2024  •  3 minute read […]
Jul 26

Betting On the Energy Transition Has Turned Painful for UK’s Impax

Breadcrumb Trail Links PMN Business The world’s largest publicly traded fund manager that focuses on sustainability reported its largest-ever outflows in the first half of 2024. Author of the article: Bloomberg News Gautam Naik Published Jul 26, 2024  •  7 minute read Article content (Bloomberg Markets) — For more than 25 years, Impax Asset Management […]
Jul 26

Stock Retreat on Hold as Traders Await Key US Data: Markets Wrap

Breadcrumb Trail Links PMN Business The tech-led stock rout paused on Friday as traders awaited key US inflation data for clues on the timing of interest-rate cuts amid fears of a sharper-than-expected economic slowdown. Author of the article: Bloomberg News Alex Nicholson and Selcuk Gokoluk Published Jul 26, 2024  •  3 minute read edc[sab9t2om5wb2c8tzao3a_media_dl_1.png Bloomberg […]
Jul 25

With $150 Billion in Default, Maduro Needs Sanctions Relief Fast

Breadcrumb Trail Links PMN Business For Venezuela’s authoritarian President Nicolas Maduro, hanging on to power might be the easy part. Author of the article: Bloomberg News Andrew Rosati and Fabiola Zerpa Published Jul 25, 2024  •  4 minute read ostd0eh325y(g9umhneb75em_media_dl_1.png Bloomberg Article content (Bloomberg) — For Venezuela’s authoritarian President Nicolas Maduro, hanging on to power […]
Jul 25

South Africa’s Climate Ambitions Derailed by Incoherent Policies

Breadcrumb Trail Links PMN Business South Africa is falling short of its ambitious targets and commitments to combat and prepare for climate change, an advisory body appointed by the nation’s president said. Author of the article: Bloomberg News Antony Sguazzin Published Jul 25, 2024  •  3 minute read cl50gb7cy[hxf1e}3u0o7xur_media_dl_1.png Bloomberg Article content (Bloomberg) — South […]