Can Britain's Next Prime Minister Escape The Net-Zero Trap?

PJM Capacity Auction Results Compound "Alarm Bells": FERC Chairman Swett By Ethan Howland of UtilityDive The PJM Interconnection’s just-held capacity auction cleared nearly 7 GW below its reliability target and only drew roughly 500 MW of new power supply, Federal Energy Regulatory Commission Chairman Laura Swett said Thursday. “These numbers compound the alarm bells for a call to action in PJM,” Swett said during the agency’s monthly meeting. “Am I surprised that PJM failed to deliver? No, I am not,” Swett said later during a media briefing. However, FERC isn’t trying to “target” PJM,...

US forces boarded an Iranian tanker in the Gulf of Oman that was suspected of attempting to run the blockade. Earlier today in the Gulf of Oman, U.S. Marines from the 31st Marine Expeditionary Unit boarded M/T Celestial Sea, an Iranian-flagged commercial oil tanker suspected of attempting to violate the US blockade,” US Central Command […]

More Defense Spending, More Climate Redistribution: The EU Spins A $2.2 Trillion Wealth Transfer Machine Submitted By Thomas Kolbe Negotiations over the European Commission's next seven-year budget are entering their decisive phase. Should Ursula von der Leyen and her allies succeed with their plans, Germany will once again shoulder a substantial financial burden. By now, however, Germans have become accustomed to that reality. Across the world, public debt levels are approaching dangerous flood marks. The global economy is effectively drowning in debt, with total public liabilities now exceeding 95% of global GDP....