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Biden pledges $50m for floating wind turbines

  Bloomberg The Biden administration set a new goal for deploying floating wind turbines in deep waters off US coasts and unveiled nearly $50 million in initiatives designed to propel the nascent technology. The effort is aimed at positioning the US to be a world leader in selling and using floating wind turbines that can generate electricity in deep waters ...

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Netherlands buys up diesel before winter, sanctions on Russia

  Bloomberg The Netherlands is purchasing millions of barrels of diesel in preparation for what is set to be a winter like no other. The country’s petroleum stockpiling agency, COVA, has issued tenders seeking more than three million barrels of diesel for delivery before the end of the year, with potentially more to come. That comes as the European Union ...

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A weakened Vladimir Putin is no use to Russia

As Ukrainian troops probe Russian defenses along the entire front and only the Wagner Group mercenaries continue a small-scale offensive operation in the Donetsk region, the initiative in the Russo-Ukrainian war is firmly in the hands of the invaded, not the invader. While that can still change, perhaps more than once, it’s a good moment to consider whether the man ...

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