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Biden bans sales of outdated incandescent bulbs

Biden bans sales of outdated incandescent bulbs

The Biden administration announced new energy efficiency rules Tuesday. They involve phasing out outdated light bulbs, which will reduce electricity consumption and reduce greenhouse gas emissions from the nation's energy sector. The Department of Energy rules, which repeal Trump administration policies, ban the sale of light bulbs that

Vaccination rate in China slows as COVID outbreak continues - could threaten economic recovery

Vaccination rate in China slows as COVID outbreak continues - could threaten economic recovery

In the last week of March, China recorded 770,000 booster shots per day. By mid-April, however, the figure had fallen to 590,000. Jin Dong-yan, a virologist at Hong Kong College, believes that the decline reflects the elderly population's distrust of vaccines. If the vaccination rate in

Ford ramps up production of F-150 Lightning in pursuit of dominance in the electric pickup market

Ford ramps up production of F-150 Lightning in pursuit of dominance in the electric pickup market

One of the largest automakers intends to become a leader in the market of mass-produced electric pickups. Ford CEO Jim Farley said the company plans to scale production faster than competitors. Ford expects to ramp up production capacity in Michigan to 150,000 units a year from the current 40,

Twitter's deal with Musk is good for shareholders, Republican Jim Jordan

Twitter's deal with Musk is good for shareholders, Republican Jim Jordan

The Republican position is justified: as Bloomberg reports, Musk's purchase of Twitter will open the door to unblocking former U.S. President Donald Trump's Twitter. In the run-up to the congressional elections, this could be very relevant.

The oil swing continues: WTI loses about 5%

The oil swing continues: WTI loses about 5%

Oil is falling amid a possible reduction in demand from China due to covid restrictions. Also, the quotations are affected by the general macroeconomic negativity, which may lead to a reduction in demand for oil. Also today it became known that the UAE sent the first tanker to Europe for

Since February, India buys 40 million barrels of oil from Russia vs. 16 million in 2021

Since February, India buys 40 million barrels of oil from Russia vs. 16 million in 2021

As reported by representatives of the countries, the payment for oil is made in national currencies.

We thought coal was "everything," but today coal use is at an all-time high

We thought coal was "everything," but today coal use is at an all-time high

According to the International Energy Agency, the world produced more electricity from coal in 2021 than ever before. By 2023, total coal consumption - for power generation, steel production and other industrial purposes - is expected to rise nearly 2 percent to a record high. Why? Because it's

Russia senselessly tries to fine Youtube

Russia senselessly tries to fine Youtube

Court fines for YouTube video hosting on Roskomnadzor's suits for failure to remove prohibited information exceeds 7 billion rubles