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☆ The Ukraine War has accelerated research into lithium-ion battery alternatives, including ones made of sand
▼ + stars: | 2023-09-03 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +4 min

The war in Ukraine has spurred more research into clean energy, including lithium-ion alternatives. Polar Night Energy says batteries made of sand could be as effective without the same risks. It has also spurred research into safer alternatives to the lithium-ion batteries used in the ever-expanding electric vehicle market. One of the key resulting innovations has been new alternatives to lithium-ion batteries, the development of which is tied to human rights abuses and environmental harm. Beyond the human rights abuses prevalent in the cobalt industry, lithium-ion batteries also present environmental hazards.

Persons: Olga Khakova, Khakova Organizations: Energy, Service, Research, The Washington Post, Global Energy Center, Atlantic Council, Washington Post, Amnesty, Democratic, CNN Locations: Ukraine, Wall, Silicon, Europe, Russia, Finnish, Democratic Republic of, Congo

What young investors wantRecent survey data indicates that Cohen isn't alone. And active young investors are willing to give up returns to see that goal through. Nearly a fifth of the Gen Z investors said they would accept returns between 9% and 11.8%, rather than the full 12% average return. The data comes as accountability measures and standards for ESG investing are hotly debated. "What we see with ESG investing is that it creates something that you can signal to other people."

Persons: Hannah Cohen, Cohen, Cohen isn't, X, Gen, boomers, Matthew Ivler, I'm, Ivler, Joe Biden, Julie O'Brien, O'Brien Organizations: Energy ETF, Global, Autonomous & Electric Vehicles ETF, U.S . Bank, Chevron, Edison International, Resources ETF, Stanford Graduate School of Business, Rock Center, Corporate Governance, Hoover Institution, U.S . Department of Labor, Republicans Locations: Washington

☆ India's Adani group stocks hit by first auditor quitting over Hindenburg report
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +2 min

Traffic moves past the logo of the Adani Group installed at a roundabout on the ring road in Ahmedabad, India, February 2, 2023. Adani Ports said Deloitte, which does not audit any of the other six listed Adani group companies, had all the necessary information and its reason to quit was "not convincing." "The spotlight is back on Adani Group stocks and this time the auditor has raised concerns and resigned. The flagship Adani Enterprises (ADEL.NS) dropped 5.5%, while Adani Power (ADAN.NS), Adani Energy Solutions (ADAI.NS), Adani Wilmar (ADAW.NS), Adani Green Energy (ADNA.NS) and Adani Total Gas (ADAG.NS) declined between 3% and 5%. "In the near term, the Adani group stocks will likely remain under pressure and any re-rating will happen gradually when the water settles down."

Persons: Amit Dave, Hindenburg, Gautam Adani, Prashant Tapse, Adani, Avinash Gorakshakar, Rama Venkat, Savio D'Souza Organizations: Adani, REUTERS, Deloitte, Reuters, Adani Ports, Mehta, Adani Enterprises, Adani Energy Solutions, Energy, Profitmart Securities, Associates, BDO International, Thomson Locations: Ahmedabad, India, BENGALURU, Bengaluru

☆ Saudi Aramco Reports $30 Billion in Profit for Latest Quarter
▼ + stars: | 2023-08-07 | by ( Kevin Granville | ) www.nytimes.com time to read: +3 min

The Numbers: Profits that rise and fall with oil prices. Oil prices jumped after Russia’s invasion of Ukraine, and have slowly eased since then. That will amount to just under $10 billion in the third quarter, with payouts continuing over the subsequent five quarters. Aramco is owned mainly by the Saudi government, and the company’s earnings provide a major source of its financing. After oil prices briefly exceeded $120 a barrel after the start of the war in Ukraine, they have generally declined.

Persons: ”, ” Amin H, Nasser, Mr, “, Brent Organizations: Aramco, RBC Capital Markets, West Texas Locations: Ukraine, Saudi, Asia, India, China, Saudi Arabia, Russia, United States

☆ Climate activist Greta Thunberg pulls out of Edinburgh Book Festival appearance after accusing key sponsor of greenwashing
▼ + stars: | 2023-08-04 | by ( Niamh Kennedy | ) edition.cnn.com time to read: +3 min

CNN —Climate activist Greta Thunberg has canceled an appearance at the Edinburgh International Book Festival after accusing one of the festival’s main sponsors of greenwashing. As a climate activist I cannot attend an event which receives sponsorship from Baillie Gifford, who invests heavily in the fossil fuel industry,” Thunberg said. “Greenwashing efforts by the fossil fuel industry, including sponsorship of cultural events, allow them to keep the social license to continue operating. Barley went on to highlight the crucial role played by organizations such as Baillie Gifford in keeping an event such as the Edinburgh International Book Festival alive. As a charitable organisation, we would not be in a position to provide that platform without the long-term support of organisations such as Baillie Gifford,” Barley said.

Persons: Greta Thunberg, Thunberg, Ballie Gifford, ”, Baillie Gifford, ” Thunberg, “, Nick Barley, ” Barley, Barley, Baillie Gifford’s Organizations: CNN, Edinburgh, greenwashing, Playhouse Theatre Locations: Edinburgh, Scottish

☆ America’s first new nuclear reactor in nearly seven years starts operations
▼ + stars: | 2023-07-31 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: 1 min

In this article GPJA Follow your favorite stocks CREATE FREE ACCOUNTVogtle nuclear reactor 3 Source: Georgia PowerReactors for Unit 3 and 4 sit at Georgia Power's Plant Vogtle nuclear power plant on Jan. 20, 2023, in Waynesboro, Ga., with the cooling towers of older Units 1 and 2 billowing steam in the background. John Bazemore | APThe nuclear industry is celebrating the milestone. "The commercial operation of Vogtle Unit 3 marks a significant achievement for the U.S. nuclear energy industry and a milestone in advancing global clean and reliable energy solutions," Maria Korsnick, the CEO of the Nuclear Energy Institute, a nuclear industry advocacy group, said in a statement. "We are thrilled to witness the successful deployment of this Westinghouse AP1000 advanced reactor, which is helping to shape the energy landscape of the future." Over budget and late

Persons: John Bazemore, Maria Korsnick Organizations: Georgia Power Reactors, Georgia Power's, Vogtle, U.S, Nuclear Energy Institute, Westinghouse Locations: Georgia, Waynesboro, Ga

☆ Shell and TotalEnergies profits cut in half by lower oil prices
▼ + stars: | 2023-07-27 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

Shell, Europe’s largest oil company by revenue, reported adjusted earnings of $5.1 billion during the April-to-June period — less than half the $11.5 billion it reported a year ago. The result was also driven by lower production volumes and lower margins in its oil refining business, Shell said in a statement Thursday. French oil company Total (TOT)Energies posted adjusted net income of $5 billion Thursday, a 49% drop on the same period a year ago. Energy companies enjoyed bumper profits last year off the back of soaring oil and gas prices, and shareholders were rewarded handsomely. In the first half of the year, Shell invested $3.9 billion in oil and natural gas exploration and production.

Persons: Shell, TotalEnergies, “ Shell, Wael Sawan Organizations: London CNN — Shell, Shell, Energy, BP, Chevron, ExxonMobil, TotalEnergies, Energy Solutions, International Energy Agency Locations: Ukraine, London, Europe, Sawan, North America

☆ Cramer's Lightning Round: Get rid of ADT
▼ + stars: | 2023-06-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon Cummins' year-to-date stock portfolio. Stock Chart Icon Stock chart icon Simon Property Group's year-to-date stock performance. Stock Chart Icon Stock chart icon ADT's year-to-date stock performance. Stock Chart Icon Stock chart icon Abbvie's year-to-date stock performance. Stock Chart Icon Stock chart icon Evergy's year-to-date stock performance.

Persons: Cummins, Simon, it's, Abbvie's, Marten Transport's, Marten, I've, Jim Cramer's Organizations: Cummins, Simon Property, Realty, 3M, Trucking, Energy Solutions, Atlas Energy Solutions

☆ Lightning Round: It's never too late to sell ADT 'it has been an abomination', says Jim Cramer
▼ + stars: | 2023-06-22 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: It's never too late to sell ADT 'it has been an abomination', says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: Cummins, Simon Property Group, ADT, Abbvie, Datadog, Evergy, Marten Transports, Atlas Energy Solutions, SoFi, c3.ai and Spotify.

Persons: It's, Jim Cramer, Cummins Organizations: Simon Property Group, Marten Transports, Atlas Energy Solutions, Spotify Locations: Marten

☆ TipRanks reveals the top 10 Wall Street industrial sector analysts
▼ + stars: | 2023-06-18 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

TipRanks used its Experts Center tool to find the analysts sporting a high success rate. TipRanks' algorithms calculated the statistical significance of each rating, analysts' overall success rate, and the average return. Top 10 analysts from the consumer goods sectorThe image below shows the most successful Wall Street analysts from the industrial goods sector. The buy recommendation generated a return of 134.8% from May 14, 2020 to May 14, 2021. Christopher Glynn - OppenheimerChristopher Glynn has the 10th spot on the list, with a success rate of 60%.

Persons: CARR, Spencer Platt, TipRanks, Kenneth Herbert, Herbert, Leonardo, Stephen Volkmann, Jefferies Stephen Volkmann, Parker Hannifin, Seth Weber, Weber, Benoit Poirier – Desjardins Benoit Poirier, Keith Hughes, Stanley Elliott, Stifel Nicolaus, Andrew Kaplowitz, Julian Mitchell –, Julian Mitchell, Mitchell, Gautam Khanna —, Cowen Gautam Khanna, Christopher Glynn, Oppenheimer Christopher Glynn Organizations: New York Stock Exchange, Getty, RBC, Leonardo DRS, DRS, Wells, Herc Holdings, TFI, Truist, Caterpillar, Citi Citigroup, Julian Mitchell – Barclays, Barclays, Carrier, Johnson Locations: New York City, Wells Fargo Wells, Symbotic, Generac

☆ Shell boosts dividend by 15%, maintains oil output through to 2030
▼ + stars: | 2023-06-14 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

British oil major Shell on Wednesday announced plans to boost returns to shareholders and keep oil output steady, as part of its strategy to simplify the group's business and improve investor confidence. This includes raising the dividend per share by an expected 15% from the second quarter and executing at least $5 billion of share buybacks in the second half of the year. "Performance, discipline, and simplification will be our guiding principles as we allocate capital to enhance shareholder distributions, while enabling the energy transition," said Shell CEO Wael Sawan. The British oil major reported a record annual profit of nearly $40 billion for 2022. The firm on Wednesday announced capital spending will be reduced to $22 billion to $25 billion per year for 2024 and 2025, respectively.

Persons: Shell, Wael Sawan Organizations: Shell, Wednesday, Markets Locations: New York, U.S, London

The plan is the linchpin of Sawan's effort to boost Shell's share performance relative to its U.S. peers, which has suffered despite a record $40 billion profit last year. Its shares closed up 0.4%, against a flat index of European oil and gas companies (.SXEP) on Wednesday. Reuters Graphics Reuters GraphicsOIL STEADYShell scrapped its previous target to cut oil output by 20% by 2030 after largely reaching the goal. It currently has a target to cut its 2030 emissions intensity, including from the combustion of the fuels it sells, by 20%. Shell also faces a Dutch court ruling ordering the company to drastically cut emissions.

Persons: Wael Sawan, Sawan, Biraj Borkhataria, Thilo, Shell, Bernard Looney, Ron Bousso, Jan Harvey, Alexander Smith, Elaine Hardcastle Organizations: Shell, British, RBC, Reuters Graphics Reuters, Royal, REUTERS, BP, Lebanese, Reuters, Thomson Locations: New York, Wesseling, Cologne, Germany, Bukom, Jurong, Singapore, Paris

☆ Electricity prices in Finland flipped negative — a huge oversupply of clean, hydroelectric power meant suppliers were almost giving it away
▼ + stars: | 2023-05-25 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

A new nuclear reactor, as well as unexpected floods, are leading to a glut of clean energy. While much of Europe was facing an energy crisis, the Nordic country reported that its spot energy prices dropped below zero before noon. "Now there is enough electricity, and it is almost emission-free," Ruusunen told Yle, adding that Finns could "feel good about using electricity." Ruusunen told the National that Finland wanted wind to become its primary power source by 2027. Finland is now dealing with energy prices being too lowAn offshore windfarm near the Aland Islands, an autonomous archipelago that is a region of Finland in the Baltic sea.

Japan's insistence on continuing to rely on gas may delay reaching global climate change goals, especially as its energy companies reap large profits from their investments in the sector, climate activists say. "But I think Japanese companies will generally hesitate to be involved in gas projects in the future, especially those with long lead times. Japan's support for gas clashes with findings that new investments in gas, which is mainly composed of the greenhouse gas methane and produces CO2 emissions when burned for energy, would undermine climate goals. But, gas investments have been lucrative for Japan's energy companies resulting in record profits. But, Japan's stated intention to lower its carbon emissions may mean these gas investments carry some risk.

SEOUL, May 17 (Reuters) - Canadian Prime Minister Justin Trudeau said on Wednesday his country is ready to partner with South Korea on critical minerals and clean energy projects, and to fend off North Korea's nuclear and missile threats. Addressing South Korea's parliament, Trudeau said Canada was committed to increase military engagement to mitigate threats to regional security, while working together with Seoul to denuclearise North Korea. "Canada is ready to strengthen our partnership with friends like Korea on everything from critical minerals to high-tech innovation to clean energy solutions," Trudeau said. Yoon and Trudeau will sign an agreement on key mineral supply chains, clean energy conversion and energy security cooperation, a South Korean government official has said. "Canada is committed to increase not just our trade, but also our military engagement as a means of mitigating threats to regional security," Trudeau said.

☆ Goldman Sachs names a slew of energy companies to buy right now as attitudes shift
▼ + stars: | 2023-05-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Goldman Sachs has identified a number of energy stocks to own ahead of an expected turn in the market's sentiment toward the oil and gas sector. Goldman's analysis comes after the energy sector posted stellar gains last year. Goldman expects a 10% increase in revenue from green investments at these companies this year compared to last year. The trend also indicates that a turning point may be approaching where larger energy companies could attract even more investment if they continue transitioning toward greener practices, the analysts added. Oil and gas companies have also been particularly attractive to investors over the past year thanks to their bumper profits.

☆ These smaller stocks have nearly 30% upside, according to Barclays
▼ + stars: | 2023-04-26 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Although small-cap stocks have taken a hit in recent weeks, Barclays Capital has several picks in the sector that it expects to have significant upside. The following names show strong upside potential, with a median upside to price target of 28%. Powell has a price target of $24 on the REIT, which represents 52% upside from where shares closed on Tuesday. Barclays sees an upside of 37% for the stock since Tuesday's close. Retailer Dick's Sporting Goods , water management products manufacturer Advanced Drainage Systems and US Foods are companies Barclays expects to benefit from expanding margins through strong sales growth and declining costs.

☆ Chevrolet Bolt, GM’s first popular electric vehicle, ends production this year
▼ + stars: | 2023-04-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

CNN —The Chevrolet Bolt EV, General Motors first fully electric vehicle to be built and sold on a large scale, will go out of production by the end of this year. These new electric vehicles will be based GM’s new electric vehicle platform, Ultium, which is not used by the Bolt. The Bolt was, for a number of years, the best-selling electric vehicle in America that was not made by Tesla, although the gap was very wide. In all other respects, though, it was very similar to the Bolt EV, including the fact that it was available only with front-wheel-drive. To do that, GM engineers created a flexible electric vehicle architecture called Ultium that will be the basis of future GM vehicles.

☆ The IRA isn’t good for just U.S. stocks. Here are some emerging markets names that will benefit too
▼ + stars: | 2023-04-23 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

The Inflation Reduction Act does more than buoy U.S. clean energy stocks – it's also an opportunity for emerging markets firms. But the IRA also represents an opportunity for emerging markets firms. "This is a win, win, win," said Paul Desoisa, co-portfolio manager of the Global Emerging Markets strategy at Martin Currie, a specialist investment manager at Franklin Templeton. Here are some places where emerging markets firms stand to benefit. Some possible contenders include Korea's Hanwha Solutions, a multinational with a solar energy business Hanwha Qcells, abrdn's Khwaja said.

[1/9] View shows the site where the gigafactory for electric vehicle battery production by Volkswagen Group's battery company PowerCo SE will be built in St. Thomas, Ontario, Canada April 21, 2023. REUTERS/Carlos OsorioCompanies Volkswagen AG FollowStellantis NV FollowBERLIN, April 21 (Reuters) - Canada and Volkswagen (VOWG_p.DE) on Friday together committed more than C$20 billion ($14.8 billion) for a battery gigafactory in St. Thomas, Ontario, the biggest single investment ever in the country's electric-vehicle supply chain. Europe's largest carmaker is investing up to C$7 billion to build the plant, Volkswagen said in a statement. The battery plant is expected to be Volkswagen's largest and create up to 3,000 jobs. "This secures the future of St. Thomas," the city's mayor, Joe Preston, told Reuters earlier this week.

DETROIT, April 21 (Reuters) - United Auto Workers union President Shawn Fain said on Friday there is "no excuse" for Detroit's automakers to set up electric vehicle operations and ventures that are not unionized. Detroit automakers have set up several U.S. joint venture battery factories that are not covered by their current agreements with the UAW. Fain said workers at joint venture battery plants should earn higher wages than production workers at older Detroit Three factories. "I look forward to bring that work under the UAW," Fain said. The UAW president said workers displaced as factories dedicated to combustion vehicle technology lose work should have a right to get jobs at joint venture factories.

Uwe Oppitz of Rhenus Ports, who speaks for Energy Hub Port Wilhelmshaven, said that Wintershall Dea (WINT.UL) (BASFn.DE), Uniper (UN01.DE) and Tree Energy Solutions (TES) plan to spend a total of more than 5 billion euros at Wilhelmshaven. Energy Hub Port Wilhelmshaven comprises 30 companies, which include E.ON (EONGn.DE), RWE (RWEG.DE) and Orsted (ORSTED.CO), as well as Wilhelmshaven's home state of Lower Saxony. "Wintershall Dea plans to invest around 1 billion euros in the Wilhelmshaven site together with its partners," it said. And steelmaker Salzgitter (SZGG.DE) has already struck a deal with Uniper to receive green hydrogen for its steel mill processes, replacing essential fossil-fuel produced hydrogen. "We don't want to push green hydrogen to the side.

☆ South Africa fights to keep phone networks up as lights go out
▼ + stars: | 2023-04-05 | by ( Nqobile Dludla | ) www.reuters.com time to read: +8 min

A bank of expensive backup batteries, theft-proofed within a block of concrete. "Our costs have gone through the roof," lamented Sitho Mdlalose, managing director of Vodacom South Africa (VODJ.J). President Cyril Ramaphosa in February declared a national state of disaster, calling the crisis an existential threat to South Africa's social fabric. While most network towers in South Africa are equipped with a battery for backup power, more advanced systems are less common. That risks delaying South Africa's pivot to the digital economy and could leave rural areas, which already suffer from sparse coverage, lagging even further behind.

Companies Cummins Inc FollowApril 3 (Reuters) - Cummins Inc (CMI.N) said on Monday it would invest more than $1 billion across its U.S. engine manufacturing network to upgrade some facilities to support new clean energy technologies. Cummins said the investment would go towards its facilities in Indiana, North Carolina and New York, to upgrade its clean energy technology including fuel-agnostic engine platforms that would run on low-carbon fuels like natural gas, diesel and eventually hydrogen. The Columbus, Indiana-based company, known for its diesel and natural gas engines, has accelerated its push towards clean energy solutions to sell to its industrial and commercial transportation customers, as the trucking industry is expected to face tougher greenhouse emissions regulations this year. The $1 billion announced is in addition to the investment of $1.5 billion that the engine maker announced last month. Reporting by Kannaki Deka in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

☆ Stocks making the biggest moves midday: Tesla, Marathon Oil, WWE, UnitedHealth and more
▼ + stars: | 2023-04-03 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

UnitedHealth — Shares of the health insurance giant gained about 4% after the Center for Medicare & Medicaid Services on Friday announced updated payment rates. The Wall Street firm said Marqueta is facing a "multitude of headwinds" without an ironed-out renewal deal with Block. Extra Space Storage , Life Storage — Shares of Extra Space Storage fell 5% after the company said it would acquire Life Storage in an all-stock transaction for $145.82 per share, an 11.2% premium to where Life Storage closed Friday. Shares of Life Storage shares rose 3%. Ovintiv – The oil and natural gas exploration and production company saw shares jump 10% after announcing it will acquire certain Midland Basin assets from EnCap Investments for about $4.3 billion.

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