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Covid-19: Energy price surge in Europe is squeezing consumers

  Bloomberg Soaring energy prices are putting the squeeze on European consumers desperate for some relief after two years of coronavirus, lockdowns and job worries. The financial pain is taking a toll on households, who are more worried about prices than at any time this century, and feel less inclined to splurge, according to a European Commission survey. If demand ...

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EDF delays startup of a new nuclear reactor

  Bloomberg Electricite de France SA delayed the startup of a new nuclear reactor in western France that was already a decade late, and raised its budget for the project yet again. Fuel will now be loaded into the Flamanville-3 reactor in second quarter of next year rather than at the end of 2022, EDF said on Wednesday, citing complications ...

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Maersk targets faster cuts in CO2 emissions

  Bloomberg AP Moller-Maersk A/S, one of the world’s largest oil consumers, is ramping up plans to eliminate carbon emissions after finding green alternatives to fuel its fleet of ships. The container shipping giant said it will hit its goal of becoming carbon neutral in 2040, 10 years earlier than planned, and the target will now also cover indirect, so-called ...

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