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Total enters Korean floating wind projects

Bloomberg Total SE will team up with Macquarie Group’s green bank to develop more than 2 gigawatts of floating wind farms off South Korea, the latest push by the French oil and gas giant to diversify into clean energy. Total and European peers such as Royal Dutch Shell Plc and BP Plc have vowed to reduce their exposure to fossil ...

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UK’s electricity gets cleaner in lockdown

Bloomberg UK electricity has never been cleaner. As wind, solar and biomass plants produced more power than ever in the second quarter, carbon emissions fell by a third from a year earlier, according to Drax Electric Insight’s quarterly report. Power prices slumped 42% as demand plunged during lockdown. “The past few months have given the country a glimpse into the ...

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Belarus’s future isn’t bright with Russia!

President Alexander Lukashenko’s Soviet-lite regime in Belarus has been dealt a blow from which it will not recover. Unfortunately, Russia can keep it on life support for some time to come. Thousands of demonstrators filled the streets of Minsk again last weekend, and the outrage remains palpable. That, unfortunately, may not matter. The Kremlin’s now overt backing has emboldened the ...

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