Greens offer solution to UK energy crisis
The party proposes nationalizing the country’s major energy providers The UK’s Green Party has proposed permanently nationalizing the country’s five major energy companies to ease...
Germany issues energy warning
Natural gas reserves will last less than three months if Russia cuts off supply, the regulator said Germany’s energy regulator has warned that the nation...
UK inflation smashes 40-year high
Food and energy led the 10.1% price spike The UK’s consumer price inflation surged to a new high of 10.1% per annum in July, up...
Japan resumes Russian oil imports
Crude purchases restarted in July after falling to zero in the previous month Japan resumed its purchases of Russian oil in July, according to information...
German energy provider faces huge losses
Bailed-out Uniper blames shrinking gas flows from Russia for its disastrous financial performance German electric utility Uniper suffered a €12.3 billion ($12.5 billion) net loss...
House Passes Huge Spending and Tax Bill
On a party-line vote, the House narrowly passed a $737 billion measure Friday to dramatically expand green energy subsidies and health care programs while nearly doubling the size of the Internal Revenue Service. As Republicans decried the inclusion of about $740 billion in new tax revenues, the bill that Democrats dub the Inflation Reduction Act cleared […]