Recent Posts

Energy crisis sets stage for record global carbon emissions

Bloomberg The energy crisis, the coming winter weather and the release of pent-up pandemic demand have sent nations scrambling to stockpile fossil fuels, a move that portends a rebound for global carbon dioxide emissions this year. The trajectory poses a new threat to the Paris Agreement goal of limiting global temperature increases to 1.5° Celsius. China, India and other developing ...

Read More »

Billionaire Ambani’s Reliance buys REC Solar for $771m

Bloomberg A unit of Reliance Industries Ltd acquired solar panel manufacturer REC Solar Holdings AS in a deal giving the company an enterprise value of $771 million as the Indian oil-to-retail conglomerate seeks to extend its dominance into alternative energy. The purchase of Norway-based REC Solar from China National Bluestar Group Co will help Reliance New Energy Solar expand in ...

Read More »

Will supply-chain snarls force capital spending?

One way to gauge just how transitory the current supply-chain challenges are is to look at the degree to which companies are spending to add more capacity. The third-quarter industrial earnings season kicks off next week with factory-floor distributor Fastenal Co. The theme will undoubtedly be logistical logjams and parts shortages, which have become materially worse since the last time ...

Read More »
Send this to a friend