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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.

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Volvo joins Tesla in halting EV production due to Red Sea attacks

Baua Electric

What’s happening is that Iran-backed Houthis have declared a blockade on the Bab al-Mandeb strait, near Yemen, in response to Israel’s attacks on Gaza – it’s a tiny chokehold to the Red Sea and a control point of all shipping between the Indian Ocean and the Mediterranean Sea via the Suez Canal.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. This increase in output occurs with the context of a narrow global demand opportunity.