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The War in Ukraine Disrupts Trade in Both Food and Fuel

Cars That Think

The Russian invasion of Ukraine has brought a stream of reports about the country’s energy exports. Since the start of the war, soaring energy prices have lifted this import bill to about $23 billion a month, making the EU a significant de facto financier of the Russian invasion: three-quarters of a billion a day!

Ukraine 81
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Credendo: European aluminum sector in a critical situation

Green Car Congress

The price of European aluminum has increased by about 15% since the start of 2022, exceeding its historic high of October 2021—an increase of more than 60% compared to January 2021, according to a new analysis by European credit insurance group Credendo. Production mainly dropped because energy prices have risen sharply in 2021.

Ukraine 195
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on a downward path. Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices.

Russia 150
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Airlines Hoping for More Boeing Jets Could Be Waiting Awhile

Baua Electric

A surge in the cost of jet fuel after Russia invaded Ukraine also hurt profits. But the Max series has been plagued by mechanical and safety issues, including two crashes in 2018 and 2019 that killed nearly 350 people and led to the grounding of the Max 8 for nearly two years. Many airline executives are now assessing how the F.A.A.

Alaska 52
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Green Hydrogen Cars: How They are Different?

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We will create energy without spewing carbon dioxide into the environment if this power is supplied from renewable sources. According to the International Energy Agency, global demand for hydrogen as a fuel has quadrupled since 1975, reaching 70 million tonnes per year in 2018. The most prevalent chemical element in nature is hydrogen.

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The Future of Fission Reactors May Be Small

Cars That Think

Even more discouragingly, nuclear’s per-unit cost increased 26 percent between 2009 and 2019—while solar and wind power prices plummeted instead. Giorgio Locatelli, Polytechnic University of Milan But SMR plans are not in short supply. So far, Rosatom has avoided Western sanctions over Russian aggression in Ukraine.

Future 115
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We Need More Than Just Electric Vehicles

Cars That Think

Our 2020 study , published in Nature Climate Change , found that manufacturing a typical EV sold in the United States in 2018 emitted about 7 to 12 tonnes of carbon dioxide, compared with about 5 to 6 tonnes for a gasoline-fueled vehicle. You also must consider the electricity that charges the vehicle. falls somewhere in the middle, deriving.