Sunday, November 24, 2024

Fed Chair Powell: Wearing masks will help bring U.S. economy back

CNBC Federal Reserve Chairman Jerome Powell reiterated on Wednesday that the economic recovery is dependant on how the country handles the coronavirus pandemic. “As we have emphasized throughout the pandemic, the outlook for the economy is extraordinarily uncertain, and will depend in large part on the success of efforts to keep the virus in check,” Powell said. “The recent rise in new COVID-19 cases both

Solar stocks drop as election results dim prospects for climate policies like Green New Deal- oil and gas 360

Solar stocks drop as election results dim prospects for climate policies like Green New Deal

CNBC While the broad market rallied on Wednesday, a number of renewable energy companies retreated on concern that a Republican-controlled Senate is unlikely to pursue pro-climate policies. First Solar, a manufacturer of solar panels, dropped 8.6%, while home solar provider SunPower fell 2.8%. SunRun, another provider of residential solar, closed flat after declining earlier, and fuel cell maker Plug Power slipped 2%. All have outperformed the

EU eyes huge increase in offshore wind energy to meet climate goals: draft- oil and gas 360

EU eyes huge increase in offshore wind energy to meet climate goals: draft

Reuters BRUSSELS – The European Union is considering a plan to increase its offshore wind energy capacity five-fold this decade and 25-fold by 2050, as it seeks to become climate neutral by mid-century, according to a draft policy. The 27-nation EU, which is already home to 42% of the world’s offshore wind capacity, says the technology now produces clean power

Dallas, Texas–(Newsfile Corp. – November 6, 2020) – Puration, Inc. (OTC Pink: PURA) today ann…