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☆ Thanksgiving dinner will be cheaper this year thanks to lower turkey costs, survey shows
▼ + stars: | 2023-11-15 | by ( Jane Wells | ) www.cnbc.com time to read: +1 min

A Thanksgiving dinner this year will gobble up less of your wallet, thanks in large part to lower turkey prices. Almost everything on the Thanksgiving menu is lower – prices for cranberries have dropped 18%. "Consumers who have not yet purchased a turkey may find additional savings in the days leading up to Thanksgiving," the advocacy group said. This is especially welcome news, as turkey prices shot up 50% between 2020 and 2022 – though they remain 30% higher than 2019, before the pandemic, which many consider a baseline. Why are turkey prices dropping?

Organizations: American Farm Bureau Federation, cranberries, Consumers Locations: Los Angeles , California, Puerto Rico

☆ Turkeys are cheaper, but inflation is 'clearly impacting' Thanksgiving food costs, economist says. Here's how to save
▼ + stars: | 2023-11-15 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +5 min

The cost of turkey represents 45% of the classic Thanksgiving basket of food prices the bureau tracks. "Inflation is still clearly impacting food prices," Veronica Nigh, senior economist of AFBF, said in a press call. People are paying more at the grocery store. Consumers can expect to pay around 20% less for fresh cranberries compared to a year ago while canned cranberry sauce is up 7% from last year, Wells Fargo found. It "might actually be cheaper to go to a grocery store that you're not used to going to," Palmer said.

Persons: Veronica, AFBF, Kimberly Palmer, There's, Wells, Mark Hamrick, Maren Caruso, Palmer Organizations: American Farm Bureau, Finance, UBS, Bankrate, Stone Locations: U.S, Puerto Rico, . Ham, Wells Fargo

The American Farm Bureau Federation's annual survey of holiday food prices out Wednesday shows the full spread will run a party of 10 about 4.5% less in 2023 than in 2022. Her analysis, in fact, and the evolution of the farm bureau's Thanksgiving meal prices are a micro-version of the larger pandemic inflation story that households, elected officials and the Federal Reserve have been grappling with. The good news: The pace of change may remain slow going forward, with supply problems now largely sorted out and recent producer price data pointing to modest food inflation ahead. According to the farm bureau turkey prices are likely headed even lower after their survey. "Consumers who have not yet purchased a turkey may find additional savings in the days leading up to Thanksgiving," the organization said in a news release.

Persons: Betty Resnick, Resnick, Howard Schneider, Andrea Ricci Organizations: American Farm Bureau, Federal Reserve, Reuters, Federal, AAA, airfares, Consumers, Farm Bureau, Labor Department, Thomson

☆ The Asian longhorned tick spreading across the US can clone itself thousands of times and even kill cattle
▼ + stars: | 2023-11-15 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +9 min

The ticks turned out to be an invasive species, the Asian longhorned tick, newly established in Ohio. The curious case of the dead cattleAsian longhorned ticks are tiny and can be difficult to distinguish between other species. Risa Pesapane/Ohio State UniversityPesapane and her colleagues suggest the Ohio cattle died from blood loss. Asian longhorned ticks are hard to spot, contain, and killTiny and brown, the ALT is hard to distinguish from other types of ticks, making it difficult to spot. AdvertisementCattle are the preferred meal of Asian longhorned ticks.

Persons: —, Risa Pesapane, Pesapane, It's, Oleksandr Melnyk, Kevin Lahmers, Lahmers, Joellen Lampman, Lampman, Ohio State University Pesapane, it's, There's, Ikeda Organizations: Service, Ohio State, Medical Entomology, Pesapane, US Department of Agriculture, Getty Images, Virginia - Maryland College of Veterinary Medicine, Cornell University, Ohio State University, Plant Health, Yale School of Public Health Locations: Ohio, West Virginia, But Ohio, East Asia, Virginia, United States, New Zealand, North Carolina, Lyme, Rocky

REUTERS/Carlos Barria/File Photo Acquire Licensing RightsSAN FRANCISCO, Nov 13 (Reuters) - U.S. Treasury Secretary Janet Yellen on Monday said negotiations on the trade section of the Indo-Pacific Economic Framework will need further work, a setback for the Biden administration which had hoped to announce substantial outcomes this week. Yellen told a news conference there has been "very substantial progress" on three of the four areas under discussion by the 14 IPEF member countries, but there are "remaining issues" on trade. She said there had been "significant progress" on the trade pillar, "but it looks not to be complete, like something that is likely to require further work." People familiar with the talks said that an announcement of outcomes is more likely on clean energy cooperation and anti-corruption pillars of the IPEF. Both agreed that the U.S. and China should seek fair trade relations and a level playing field on which their companies can compete, Yellen added.

Persons: Janet Yellen, Lifeng, Carlos Barria, Biden, Yellen, Joe Biden, IPEF, Donald Trump, David Lawder, Ann Saphir, Tom Hogue, Lincoln Organizations: Treasury, APEC, Economic Cooperation, REUTERS, FRANCISCO, . Treasury, Reuters, Asia Pacific Economic Cooperation, San Francisco . U.S, Pacific Partnership, Thomson Locations: U.S, Asia, San Francisco , California, Pacific, San Francisco ., China, CHINA, Beijing, San Francisco

☆ Hard Hit by Loss of Thai and Palestinian Workers, Israeli Farmers Call for Volunteers
▼ + stars: | 2023-11-14 | by ( Miriam Jordan | More About Miriam Jordan | ) www.nytimes.com time to read: +1 min

Israeli farms, core to the country’s national identity, for years employed Palestinian and Thai workers. “My workers are gone because of the war; I’m panicking,“ said Gabi Swissa, 61, from his farm outside Kadima in central Israel. For decades, he has counted on Palestinians and Thais to plant, harvest and pack strawberries. Volunteers he had expected to help on his farm one day last week had not shown up. Since the outset of the war, he said, farms are lacking at least 15,000 workers.

Persons: Thais, I’m, “, Gabi Swissa, Swissa, ”, Yuval Lipkin Organizations: Volunteers, Ministry of Agriculture Locations: Gaza, Israel

☆ Iceland shields geothermal plant from risk of volcanic eruption
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

[1/3] Streetworks continue, after cracks emerged on a road due to volcanic activity near Grindavik, Iceland obtained by Reuters on November 14, 2023. Iceland's Justice Minister Gudrun Hafsteinsdottir told state broadcaster RUV that a large dike has been designed to protect the Svartsengi geothermal power plant, located just over six kilometers from Grindavik. A spokesperson for HS Orka, operator of the power plant, told Reuters that the plant supplies power to the entire country although a disruption would not impact power supply to the capital Reykjavik. Seismic activity in southwestern Iceland decreased in size and intensity on Monday, but the risk of a volcanic eruption remained significant, the Icelandic Meteorological Office said in a statement. As of late Monday evening, the volcanic hazard assessment in and around Grindavik was unchanged from Sunday.

Persons: Gudrun Hafsteinsdottir, Louise Breusch Rasmussen, Johannes Gotfredsen, Jacob Gronholt, Pedersen, Christina Fincher Organizations: Reuters, Administration, Facebook, REUTERS Acquire, Rights, Iceland's, RUV, HS, Icelandic Meteorological Office, Thomson Locations: Grindavik, Iceland, Reykjavik, Icelandic

☆ 55-year-old farmer spent $25,000 to open a bridal shop—now it brings in more than $300,000 a year
▼ + stars: | 2023-11-14 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

The 55-year-old lives on a goat dairy farm in Austinburg, Ohio, a rural town of less than 600 people roughly 50 miles east of Cleveland. She tends to the goats and peacocks at sunrise, then travels drives seven minutes to Genova, home of her wedding gown shop Formality Bridal. Formality Bridal has brought in more than $313,000 in revenue so far this year, according to documents reviewed by CNBC Make It. The five-year-old business, which has five employees, opened a second location last week in Erie, Pennsylvania, an hour's drive away. Here's how she juggles farm life with her bridal shop, and how she built a profitable business with "no experience," she says.

Persons: Penny Bowers, Schebal, That's, It's, she's, We've, Bowers Organizations: CNBC Locations: Austinburg , Ohio, Cleveland, Genova, Erie , Pennsylvania

☆ Why oil majors Shell and BP are combining solar energy and agricultural production
▼ + stars: | 2023-11-14 | by ( Katie Brigham | ) www.cnbc.com time to read: +6 min

Stoffels owns this land, but leases it to Lightsource BP, a major solar energy developer that's 50% owned by British oil major BP. An emerging industry called agrivoltaics combines solar energy production with agricultural activities such as sheep grazing, beekeeping and crop growing. Today, the U.S. has about five gigawatts of agrivoltaic projects, encompassing more than 35,000 acres across over 30 different states. Shell is also involved in the space through its 44% stake in solar developer Silicon Ranch. While most solar developers opt to lease land, Silicon Ranch buys it outright, often purchasing degraded farmland that's no longer in production.

Persons: Amanda Stoffels, munch, Stoffels, Lightsource, Jordan Macknick, Macknick, Lee, Tom Koranek, Becca Jones, Albertus, Katie Brigham Lightsource, Reagan Farr, Farr, Exxon haven't Organizations: Elm, BP, Lightsource, Lead, National Renewable Energy Laboratory, U.S, U.S . Department, Energy's Solar Energy Technologies Office, Shell, Silicon Ranch, Ranch, Power, Chevron, Exxon Locations: Dallas , Texas, United States, Elm, Ellis County , Texas, Lightsource, U.S, Briar, Navarro County , Texas, agrivoltaics

☆ Orsted's finance and operations chiefs out after big losses
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +3 min

The offshore wind industry has found itself in a perfect storm of rising inflation, interest rate hikes and delays in the supply chain struggling to cope with growing demand. Orsted, the world's largest offshore wind developer, on Nov. 1 scrapped two U.S. offshore wind projects, flagging $5.6 billion in related impairments after delays, partly due to vessel availability, meant costs soared. "Together with the finance team and the group executive team, Rasmus Errboe will lead the work on supporting Orsted's capital structure and long-term commitment to its credit rating," the company said. Board member Andrew Brown, who has executive experience from Shell and Portugal's Galp, was appointed interim COO, Orsted said. The company said contracts it had signed for its U.S. offshore wind projects were secured recently and were therefore more reflective of current costs.

Persons: Tom Little, Rasmus Errboe, Andrew Brown, Daniel Lerup, Richard Hunter, Orsted, Mads Nipper, Nipper, Essi Lehto, Susanna Twidale, Louise Rasmussen, Mark Potter Organizations: REUTERS, Shell, RWE, Thomson Locations: Nysted, Denmark, HELSINKI

The 4.6 million birds killed this year compares to the nearly 58 million birds the U.S. Department of Agriculture said were slaughtered last year in the first year of the outbreak. Retail turkey prices aren't tracked the same way, but USDA reports show that wholesale frozen turkey prices averaged $1.15 per pound in October, down from last year's $1.79 per pound and the previous year's $1.35 per pound. “I think there should be a lot of relief coming in the holiday season.”A combination of factors contributed to the sharp drop in bird flu cases this year. Officials say bird flu doesn’t represent a significant health threat. Bird flu vaccines are being developed and might help in the future, but at this point they remain impractical.

Persons: ”, Denise Heard, haven't, they're, “, Jada Thompson, ” Heard, hasn't, It’s, John Clifford Organizations: U.S . Department of Agriculture, U.S . Poultry, Egg Association, U.S . Bureau of Labor Statistics, National Turkey Federation, University of Arkansas, Farmers, USDA, Export, USA, Egg Export Council Locations: OMAHA, Neb, Minnesota , Iowa, South Dakota, Iowa, Minnesota, Indiana, Turkey, United States

☆ Orsted’s ‘deputy heads must roll’ stance is risky
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain September 5, 2018. REUTERS/Phil Noble Acquire Licensing RightsSINGAPORE, Nov 14 (Reuters Breakingviews) - Orsted’s (ORSTED.CO) recent implosion has finally prompted a reaction. Denmark’s $17 billion offshore wind producer on Tuesday said Chief Financial Officer Daniel Lerup and Chief Operating Officer Richard Hunter were stepping down. The COO is responsible for the procurement, construction, and operations of the wind farms, and supplier delays accounted for the lion’s share of Orsted’s U.S. writedowns. Yet Mads Nipper, who became Orsted chief executive in early 2021 and handpicked the departing duo, has been spared for now.

Persons: Orsted, Phil Noble, Daniel Lerup, Richard Hunter, Hunter, Lerup, Mads Nipper, Henrik Poulsen, Yawen Chen, Cameron, George Hay, Streisand Neto Organizations: REUTERS, Rights, Reuters, X, Thomson Locations: Walney, Blackpool, Britain, Rights SINGAPORE, United States, U.S

☆ A woman transformed a 130-acre property in New York into an organic farm complete with a cozy yurt. Now it's on the market for just over $2 million — take a look.
▼ + stars: | 2023-11-13 | by ( Maria Noyen | ) www.businessinsider.com time to read: +1 min

A biodynamic farm built from "raw land" by its current owner has hit the market. Known as Z Farm, the $2 million property is home to wildlife, hiking, and views of the Catskills. The sale includes a yurt that could be turned into a permanent home, according to the listing agent. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Six years later, the property is on sale for $2.2 million.

Persons: Houlihan Lawrence, Rachel Haley Organizations: Service Locations: Columbia County , New York, Belmont

☆ Orsted pulls out of Norway offshore wind consortium
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

Earlier this month the Danish company, the world's largest offshore wind developer, also scrapped two U.S. offshore wind projects, flagging $5.6 billion in related impairments as costs ballooned due to rising interest rates and supply bottlenecks. Olsen Renewables AS, and Norwegian power producer Hafslund formed the Blaavinge consortium in 2021 to take part in planned offshore wind tenders in Norway. Olsen Seawind and Hafslund will not be able to participate in the bottom-fixed wind tender now that Orsted has pulled out of the consortium, Bonheur said. However, they still plan to work on a tender for floating offshore wind turbines. Norway has yet to announce the date for a floating offshore wind tender.

Persons: Tom Little, Orsted, Bonheur's, Olsen, Fred, Hafslund, Olsen Seawind, Bonheur, Nerijus Adomaitis, Susan Fenton Organizations: REUTERS, Rights, Bonheur ASA, Fred, Olsen Seawind ASA, Olsen Renewables AS, Thomson Locations: Nysted, Denmark, Rights OSLO, Norway, Danish, Norwegian

☆ Speaker Mike Johnson enters into his big shutdown test
▼ + stars: | 2023-11-13 | by ( Lauren Fox | ) edition.cnn.com time to read: +6 min

Johnson’s spending plan would fund government agencies through spending bills for the military, Veterans Affairs, transportation, housing and urban development and energy and water through mid-January. One of the first major tests for Johnson will be whether he can even pass a procedural vote for the spending bill known as the rule. McCarthy passed the last short-term spending bill under a suspension of the rules, a decision that ultimately cost him his job. Over the course of the last week, House Republicans have struggled just like they did under McCarthy to unify on spending. Congress must avoid a shutdown and pass a CR that facilitates enacting full-year spending bills and emergency assistance as soon as possible.”CNN’s Manu Raju contributed to this report.

Persons: Mike Johnson’s, Johnson, ”, Warren Davidson, Chip Roy, “, Pelosi, ‘, ’ ”, can’t, ” Sen, Chris Murphy, –, Kevin McCarthy’s, McCarthy, Republicans don’t, Rosa DeLauro, ” DeLauro, CNN’s Manu Raju Organizations: Republican, Caucus, GOP, CNN, Veterans Affairs, Press, Republicans, ” Locations: Ohio

☆ Amazon will buy solar energy from a repurposed coal mine in Maryland
▼ + stars: | 2023-11-13 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

Amazon will buy renewable energy from a solar project in Garrett County, Maryland, that is being built on a brownfield — the former site of a 120-year-old coal mine. Amazon will use the new facility to power its Amazon Web Services (AWS) data centers as well as fulfillment centers and physical stores. The former coal site, which had to be cleaned of toxins, is particularly attractive because it already has access to an energy interconnection and substations. Amazon is the largest corporate purchaser of renewable energy since 2020, according to the company. Turning the former coal site into a solar farm "is a metaphor for the energy transition," Sahlstrom added.

Persons: Nat Sahlstrom, Sean Finnerty, Finnerty, Amazon's Sahlstrom, Sahlstrom Organizations: Amazon, Web Services, Power Ventures, Renewable Energy, CPV Locations: Garrett County , Maryland, U.S, Maryland

But the major railroads hauled slightly fewer containers than a year ago and 11% fewer containers than four years earlier. The strong growth in manufacturing activity between the middle of 2020 and middle of 2022 was a rebound following the disruption caused by the first wave of the coronavirus pandemic and associated lockdowns. Since then spending has rotated back towards services and there has been little if any expansion in the manufacturing sector. Chartbook: U.S. manufacturing activityLack of growth is evident in industrial energy consumption. Three-quarters of all distillate fuel oils such as diesel are consumed in freight and manufacturing, according to data from the Energy Information Administration.

Persons: Andrew Kelly, Jobs, John Kemp, Jonathan Oatis Organizations: REUTERS, Federal Reserve, Bureau of Labor Statistics, Energy Information Administration, Thomson, Reuters Locations: IceStone, New York City , New York, U.S, Europe, China, doldrums

☆ Morning Bid: Chip stocks cheered while the rest retreat
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 30, 2023. Monthly retail sales data is due on Wednesday but the country's Singles Day shopping extraganza over the weekend - equivalent to Black Friday sales elsewhere - recorded only meagre growth. A sub-index of tech shares remained firmly positive but another of mainland property developers slumped more than 1%. U.S. retail sales data is also due on Wednesday, preceded by CPI a day earlier. ECB President Christine Lagarde last week said that rates will stay restrictive at least for several quarters.

Persons: Kevin Buckland Chip, Christine Lagarde, Luis de Guindos, Catherine L, Mann, Huw Pill, BoE's Mann, Sweden SEB, Kevin Buckland, Edmund Klamann Organizations: REUTERS, Staff, Wall, Reuters, Nikkei, CPI, Federal Reserve, Finance, Bank of England, New York Fed, Thomson Locations: Frankfurt, Germany, China, Hong Kong, Elswhere, Sweden

☆ Amputees say this bionic hand startup gives them both strength and grace — they can even pick up raw eggs without crushing them
▼ + stars: | 2023-11-13 | by ( Ashley Capoot | ) www.cnbc.com time to read: +5 min

Now, 12 years later, Schroeder wears a bionic hand designed by the startup Aether Biomedical, and it's business as usual for him. Aether's hand, called the Zeus, can lift up to 77 pounds and switch between 12 different customizable grip patterns in real time. Aether works with upper limb amputees, and anyone with an amputation level between the wrist and the shoulder can use its Zeus hand. More than 200 patients are using Aether's Zeus hand, and like other bionic hands, it works by translating the electrical signals in the arm muscles. Aether's Zeus hand is approved by the U.S. Food and Drug Administration, and it's covered by all major insurance payers.

Persons: Andrew Hitz, Jeremy Schroeder, Schroeder, Schroeder's, Dhruv Agrawal, it's, Sarra Mullen, Mullen, Agrawal, they've Organizations: CNBC, U.S . Food, Drug Administration, J2 Ventures, Story Ventures, Technology Locations: Sherwood , Ohio, Poland, Chicago, Ukraine

☆ A volcano in Iceland could erupt in hours devastating a nearby town, say experts
▼ + stars: | 2023-11-12 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

Iceland has declared a state of emergency due to a high risk of a volcanic eruption. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementA town in Iceland, home to 4,000 people, could be devastated by an imminent volcanic eruption, experts said. Since late October, the Reykjanes peninsula has experienced a staggering 24,000 tremors. After being dormant for several centuries, there have been three eruptions on the Reykjanes peninsula since 2021.

Persons: Grindavik, —, specter, Iceland — Organizations: Service, Emergency Management, Icelandic Met, Department of Civil, Department, Fire Locations: Iceland, soutwest Iceland, Reykjavik, Reykjanes, Grindavik, Sundhnjukagigar, Europe

☆ Karen Davis, Who Battled for the Rights of Birds, Dies at 79
▼ + stars: | 2023-11-11 | by ( Trip Gabriel | More About Trip Gabriel | ) www.nytimes.com time to read: +1 min

Karen Davis, an animal-rights activist who led campaigns to recognize the dignity of chickens, turkeys and other farmyard fowl — and whose fervor was such that she compared the industrial slaughter of poultry to the Holocaust — died on Nov. 4 at her sanctuary for rescued chickens in Machipongo, Va. She was 79. United Poultry Concerns, the advocacy group Ms. Davis founded and led, announced that she died “surrounded by her beloved birds,” but did not cite a cause. The animal rights movement was well established when Ms. Davis became an activist in the 1980s. “In our culture, fowl is ignored by the animal protectionist community,” Ms. Davis said at a candlelight vigil in 1992 at a farm in Virginia where customers could reserve a Thanksgiving turkey. “We’re talking about a universe of pain and suffering that far exceeds virtually all other animals combined.”

Persons: Karen Davis, —, Davis, “, Ms, ” Organizations: Ms Locations: Machipongo, Va, Virginia

Researchers have known for a while that beer production will be affected by climate change, said Mirek Trnka, a professor at the Global Change Research Institute. Political Cartoons View All 1240 Images"If we don’t act, we’re just going to also lose things that we consider not to be, for example, sensitive or related to climate change. Climate change moves faster than we might realize – but still too slowly for many to notice, he said. Hayes kept the card in his office, and has made it his life’s mission to work on improving winter barley. No matter what farmers and companies do with hops and winter barley, climate change may affect what beer-lovers are able to buy in the future.

Persons: crisscrossed Gayle Goschie's, Goschie, Mirek Trnka, we’re, ”, Trnka, Shaun Townsend, Townsend, Kevin Smith, Smith, – Patrick Hayes, Oregon State University –, Hayes, Ashley McFarland, Douglass Miller, ” Hayes, Dee, Ann Durbin, Walling, ___, Melina Walling, Read Organizations: Change Research, Nature Communications, Oregon State University, University of Minnesota, Barley, Molson Coors, Anheuser Busch, Associated, Cornell, Associated Press, AP Locations: ANGEL, Portland , Oregon, Goschie, Willamette, U.S, Europe, Midwest, Detroit, Chicago

Here are the meanings of the 10 hardest words that have also been used in New York Times articles. This part of Montana, Lewis and Clark country, is flat and implacable with swells, coulees and hills. — 52 Places to Love in 2021 (Jan. 6, 2021)4. motet — a vocal composition, often religious:Another wonderful motet by Byrd is “Justorum animae,” which is basically a commemoration or a celebration of martyrs. He was seeing people being put to death because of their faith. — Language Is Smarter Than We Are (Jan. 11, 1987)The list of the week’s easiest words:

Persons: cicely —, labile —, didn’t, Lewis, Clark, Byrd, —, William Byrd, louche, Brando, Pierre Trudeau, Jon Peters, Barbra Streisand, lookbook, Santis, “, Mr, Arnault, Aimé Leon Dore, cellule Organizations: New York Times, Art, Food, Wear, Aimé Leon Dore Took Locations: New, Faroe Islands, Jena, Montana, Aimé Leon Dore Took New York

☆ Norway's Statkraft may return to British offshore wind
▼ + stars: | 2023-11-10 | by ( Nora Buli | ) www.reuters.com time to read: +2 min

REUTERS/Phil Noble/File Photo Acquire Licensing RightsCompanies Statkraft AS FollowOSLO, Nov 10 (Reuters) - Norway's state-owned Statkraft could return to the British offshore wind market, but its key focus remains Ireland, Norway and Sweden, its CEO told Reuters on Friday. He expected future rounds were being re-calibrated after Britain's most recent renewable energy auction failed to attract new offshore wind projects as subsidies were deemed too low and not reflecting rising costs in the industry. Statkraft is also already one of Britain's biggest onshore renewables developers, has a large office in London and knows the market well from previous offshore wind projects, he said. Still, the company's main focus for offshore wind is Ireland, where it is developing 2.2 gigawatts (GW) together with partner Copenhagen Infrastructure Partners. It also plans to participate in Norway's first offshore wind auctions and in October bought Swedish Njordr Offshore Wind, which has an early-stage development pipeline of 21 GW.

Persons: Phil Noble, Toennesen, Statkraft, Nora Buli, Alexander Smith Organizations: Burbo, REUTERS, OSLO, Reuters, Dogger Bank, Triton, Copenhagen Infrastructure Partners, Thomson Locations: Mersey, Liverpool, Britain, Ireland, Norway, Sweden, London, Dudgeon, Sheringham, England

☆ COVID-19 fraudsters bought fancy cars, a Pokemon card - even a private island
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: +9 min

Patrick Parker Walsh is serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy the island. Instead, he's serving five and half years in federal prison for stealing nearly $8 million in federal COVID-19 relief funds that he used, in part, to buy Sweetheart Island. They potentially plundered more than $280 billion in federal COVID-19 aid; another $123 billion was wasted or misspent. They've created special "strike forces " to hunt down COVID-19 aid thieves and vowed not to give up the chase. A few weeks after Oudomsine applied for the pandemic aid, the government rushed him $85,000 to keep his non-existent business afloat.

Persons: Richard Lardner, Patrick Parker Walsh, Julio Aguilar, he's, fraudsters, Donald Trump, Ivanka Trump, James Brady, Trump, Alex Wong, Bob Westbrooks, Westbrooks, They've, Lisa Monaco, General Merrick Garland, Garland, David Weiss, Hunter Biden, Joe Biden, Drew Angerer, Konstantinos Zarkadas, Cartier, Zarkadas, Lee E, Price III, Price, Vinath Oudomsine, Oudomsine, Mickey Mantle, Dudley H, Bowen, Patrick Walsh's, Walsh, Jamie Lovemark, Kevin Lamarque Organizations: Press, AP YANKEETOWN, Associated Press ., James, Getty, YouTube, U.S . Justice, Top Justice Department, U.S, U.S . Department of Justice, Rolex, Houston, Associated Press, National Transportation Safety Board, Bethany Locations: Yankeetown, Fla, Sweetheart, Coast, Florida's, Florida, Associated Press . WASHINGTON, DC, U.S, Washington ,, Las Vegas, Tennessee, Vermont, COVID, Washington , DC, New York, Houston, Georgia, America, Bethany Beach , Delaware

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