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DUBAI, United Arab Emirates — Soaring gas prices are the cost of the attempted shift to renewable energy sources, OPEC Secretary General Mohammed Barkindo told CNBC on Tuesday. “I have talked about a new premium that is emerging in the energy markets that I term the transition premium,” Barkindo told CNBC’s Dan Murphy at the
12:53 AM ET Associated Press BENSALEM, Pa. — Medina Spirit, the Kentucky Derby winner who failed a postrace drug test, won’t run in Saturday’s $1 million Pennsylvania Derby. Embattled Hall of Fame trainer Bob Baffert said Tuesday he is going to keep the colt in California and run in the $300,000 Awesome Again Stakes against
The government could end up giving tens of millions of pounds of taxpayers’ money to an American company to help it restart carbon dioxide production at two plants, a minister has told Sky News. Speaking to Kay Burley, Environment Secretary George Eustice said that without the “temporary” agreement with CF Fertilisers there would have been
Authorities have warned people on the island of La Palma of fresh dangers after a new volcanic vent blew open and rivers of unstoppable lava flowed towards more densely populated areas and the sea. Residents were cautioned on Tuesday about earthquakes, toxic gases, volcanic ash and acid rain after several small earthquakes shook the Spanish
SpaceX CEO Elon Musk delivered what no previous human missions to outer space could. The company took four civilian crew members to outer space in a spacecraft with no professional astronauts on board and returned them safely to Earth after three days. While the successful mission was an encouragement to others attempting something similar, the
The Australian city of Melbourne has been struck by a 6.0-magnitude earthquake, Geoscience Australia has said. The quake, which was one of the country’s biggest on record, caused some damage to buildings as it hit the city on Wednesday. No serious injuries have been reported so far, prime minister Scott Morrison said. The epicentre was
Don’t watch these ads if you are easily offended. They are honest and intelligent, but full of Aussie bawdy humour and satire. Each ad is only a few minutes. Regarding the first one, how does the Australian government support electric vehicles? It doesn’t! [embedded content] Renewable energy? No thanks! [embedded content] Climate change…. [embedded content]
Courtesy of RMI.By Max Lainfiesta, Nathaniel Buescher, & Michael Liebman Income inequality is palpable on the streets of the United States in cities and towns alike. On one block you may have neighborhoods with maintained roads and sidewalks, well-funded schools, and easy access to services including grocery stores, transit, healthcare, and banks. And on the next
Tributes have been paid to Sex And The City actor Willie Garson following his death aged 57. Garson was best-known for playing flamboyant talent agent Stanford Blatch, the close friend and confidante of Sarah Jessica Parker’s Carrie Bradshaw. He reprised the role in the two Sex And The City films and had been working on
Toast point of sale system Toast Restaurant-technology vendor Toast priced its IPO on Tuesday at $40 a share, according to a person familiar with the matter who asked not to be named because the announcement isn’t yet public. The offering was above the expected range and values the company at about $20 billion. Toast had
9:00 AM BST England boss Eddie Jones has named eight uncapped players in a 45-player squad for the next training camp, but there is no place in the mix for Saracens quartet Mako Vunipola, Billy Vunipola, Jamie George or the injured Elliot Daly. The large squad will meet for a two-day training camp next week
Ministers are considering efforts to join an existing free trade agreement between the US, Mexico and Canada – or to strike a series of mini-deals with America – after Boris Johnson appeared to admit a standalone UK-US free trade deal was not an imminent prospect. On his visit to New York and Washington DC this
Sky’s Enda Brady takes a look at the life and career of late England and Tottenham striker Jimmy Greaves. Greaves passed away today at the age of 81. During an illustrious playing career, the striker scored 382 times in 579 club appearances. Greaves was also part of England’s 1966 World Cup winning squad, and remains
Boris Johnson has hailed “real progress” on US-UK trade – despite his earlier refusal to commit to securing a free trade deal between the two countries by the time of the next general election. Speaking as he met US Vice President Kamala Harris in Washington DC, the prime minister spoke of British and American collaboration
7:41 AM ET In 2004, when Ryder Cup captain Hal Sutton paired Phil Mickelson and Tiger Woods together at Oakland Hills, it was considered bold. Not because it was the No. 2- and No. 4-ranked players in the world playing together in one group, but because Mickelson and Woods had a rivalry that was considered
Following a recent announcement to introduce a new lineup of all-electric performance cars, Lotus has shared the chassis architecture the EVs will sit upon. The rear structure on this new architecture is 37% lighter than it is on the current Emira V6 and will support a new generation of Lotus performance cars with zero emissions.
In this article 9503.T-JP RDSA-GB EQNR-NO Statkraft Norway’s Statkraft said Tuesday that a long-term purchasing agreement related to a floating offshore wind farm dubbed “the world’s largest” had started, in another step forward for the energy sector. The Kincardine Offshore Windfarm is a six turbine, 50 megawatt facility located in waters off the coast of
Members of a coronavirus campaign group will be able to attend the Conservative Party conference after initially having their application rejected. COVID-19 Bereaved Families for Justice, made up of 4,000 people who have lost a loved one to the virus, hit out after being told its members would not be allowed into next month’s event
A person in a mask walks by the New York Google offices after they announced they will postpone their reopening in response to updated CDC guidelines during the outbreak of the coronavirus disease (COVID-19) in Manhattan, New York City, U.S., July 29, 2021. Andrew Kelly | Reuters Google plans to buy a New York City