October 6, 2023 - WorldOra Carbon News
Europe could become energy self-sufficient in $2 trillion push, study … FRANKFURT, Oct 5 (Reuters) - Europe could wean itself off fossil fuels and create a self-sustainable energy sector by spending around 2 trillion euros ($2.1 trillion) on solar, wind and other regenerative sources by 2040, according to a new study.
The report, led by the Potsdam Institute for Climate Impact Research, said the continent would require annual investments of 140 billion euros by 2030 and 100 billion a year in the decade thereafter to get there.
Oil Prices set for largest weekly drop in 6 months Oct 06, 2023, 3:30 AM CDT - Crude oil prices were set to record their sharpest weekly decline since March, pressured by demand concerns despite OPEC+'s decision to continue constraining supply.
Since the start of the week, Brent crude has shed close to 12% and West Texas Intermediate has declined by almost 9%. The crash, which seemed to be sparked by the EIA's report of weak U.S. gasoline demand, led to a rapid change in market sentiment.
Electric Cars Are Better. Period. - Heatmap NewsAs an EV owner myself, I have to point out that EVs are flat out fun to drive! They are peppy and take off at very fast speeds. You lose a lot of maintenance responsibilities, they are cheaper in the daily using of them and we have grown to be at peace with the longer charging times. This article covers many of the positives extremely well. ANDREW MOSEMAN of Heatmap has a great piece that accurately captures the fun of EV Life.