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Germany To Scrap Subsidy For Rooftop Solar
Germany To Scrap Subsidy For Rooftop Solar
Germany is planning to abolish fixed feed-in tariffs for small rooftop solar installations as of 2027, saying that falling costs have made the technology economically sound without subsidies (narrator: "it isn't"), Bloomberg reported on Friday, citing a draft proposal for reforms it has seen.
At present, rooftop solar installations of any kind are eligible for guaranteed tariffs. But this could change in a few months, if the government approves the proposal of the German economy ministry to have subsidies abolished for projects of less...
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Sep 5, 2026 / Tyler Durden
Under-The-Radar Oklahoma Bitcoin Mining Site Condemned After Leaking 3 Million Gallons Of Water
Under-The-Radar Oklahoma Bitcoin Mining Site Condemned After Leaking 3 Million Gallons Of Water
A massive water leak in El Reno, Oklahoma has brought new scrutiny to a Bitcoin mining operation that city officials say had been operating without required approvals and in violation of multiple building and safety codes, according to KFOR 4. Three million gallons of water were leaked, according to KOCO ABC.
The facility, operated by Athlon BT LLC, had largely escaped public attention until the leak was discovered. City officials say the company had also installed a fire...
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Apr 8, 2026 / Tyler Durden
10Y Auction Tails As Foreign Demand Dips
10Y Auction Tails As Foreign Demand Dips
After yesterday's impressive 3Y auction, moments ago the Treasury sold $39 billion in benchmark, 10Y paper, in what was a mediocre auction.
The auction, a 9-Year 10-Month reopening of cusip CPX8, stopped at a high yield of 4.282%, up from 4.217% last month and the highest since last August. It also tailed the When Issued 4.280% by 0.2bps, the third consecutive tail in a row.
The bid to cover dipped to 2.429 from 2.449, and was also below the six-auction average of 2.48.
The internals also...
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Mar 15, 2026 / Dave DeCamp
Trump Says He May Bomb Iran’s Kharg Island Again ‘For Fun’
President Trump said on Saturday that the US may bomb Iran’s Kharg Island again “for fun” and urged other countries to help the US open the Strait of Hormuz. The president made the comments a day after the US military struck the Persian Gulf island, where most of Iran’s oil exports move through. So far, […]
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