Fotowatio sues Mexico before the ICSID, the arbitration body of the World Bank | Economy

The Spanish firm with Saudi capital Fotowatio Renewable Ventures has filed an arbitration claim before the International Center for Settlement of Investment Disputes (ICSID), the arbitration body dependent on the World Bank based in Washington, according to the website of the mentioned organization. It is one more chapter in the confrontation of the Government of … Read more

The Japanese central bank maintains negative interest rates

2023-12-19 11:42:52 Noha Makram – Live – The Bank of Japan maintained its ultra-loose monetary policy on Tuesday, in a widely expected move, with the bank preferring to wait for more evidence that wages and prices will rise enough to justify a shift away from its massive stimulus policy. The central bank fixed short-term interest … Read more

Green hydrogen in the countries of the South, a new colonialism?

2023-12-17 17:00:07 Tribes driven out, land grabbed, water used for industrial purposes instead of serving local populations. If they are carried out in the name of the fight against climate change and the decarbonization of economies, green hydrogen projects are also the subject of strong criticism from NGOs once they are implemented. in countries of … Read more

“Japanese, Brazilians, Saudis, everyone is asking the question of cost”

2023-12-17 18:00:04 Anne-Sophie Corbeau is a researcher at the Center on Global Energy Policy within the School of International and Public Affairs at Columbia University New York. Are we witnessing the beginnings of a globalization of the hydrogen trade as has been the case with liquefied natural gas or fossil fuels? Honestly, there are few … Read more

Global stocks stabilize and euro zone revenues decline

2023-12-05 12:06:44 Noha Makram – Live – German 10-year government bond yields fell to their lowest levels in six months on Tuesday, while global stocks settled at their highest levels in four months as traders strengthened their bets on the European Central Bank cutting interest rates in early 2024 and maintained their expectations about the … Read more

The renewable subsidy allowance should also remain suspended in 2024

2023-12-01 00:36:50 In the Economic Committee, the ÖVP and the Greens advocate changes to the Renewable Energy Expansion Act and the Green Electricity Act Vienna (PK) – The ÖVP and the Greens have… Economic Committee voted for changes to the Renewable Energy Expansion Act and the Green Electricity Act, which means, among other things, that … Read more

Gold prices rose globally at the end of Wednesday’s trading

2023-11-29 19:21:27 Live: Gold prices consolidated their gains, at the close today, Wednesday, with increasing investors’ expectations that the Federal Reserve will end its monetary tightening cycle in the United States. Upon settlement, gold futures prices for February delivery (the most active) rose by 0.35%, or $6.9, at $2,067.1 per ounce, which is the highest … Read more

Momentum for Clean Energy: Michigan’s Mandate for Carbon-Free Energy by 2040

2023-11-28 05:38:42 Michigan Gov. Gretchen Whitmer is expected to sign a clean energy package soon that will require energy providers to transition to 100% carbon-free energy generation by 2040 By JOEY CAPPELLETTI Associated Press November 28, 2023, 12:10 AM ET • 4 min read LANSING, Mich. — Michigan is on the verge of implementing one … Read more