Qatar Warns of ‘Industrial Catastrophe’ If Strait of Hormuz Remains Closed

New Jersey Governor Sherrill Lifts 40-Year Nuclear Moratorium Governor Mikie Sherrill signed legislation that scraps New Jersey’s 40-year de facto moratorium on new nuclear power plants, clearing the way for expanded baseload generation in a state long plagued by some of the nation’s highest utility bills.  The bill, S3870/A4528, amends the Coastal Area Facility Review Act to remove an outdated permitting roadblock tied to Nuclear Regulatory Commission waste-disposal rules that no modern project could satisfy. The NJ Department of Environmental Protection can now approve permits based on proven, NRC-compliant storage methods that...

This Is The Income Needed To Be Happy In 50 US Cities How much money does it take before earning more no longer makes people happier? Researchers call this threshold the satiation point, and it varies considerably across the United States. This graphic, via Visual Capitalist's Niccolo Conte, ranks 50 of the most populous U.S. cities by the annual income at which self-reported life evaluation stops improving, using data from Remitly. Remitly adapted Purdue University‘s income satiation research by adjusting it for purchasing power and inflation, then scaling the U.S. figure to each metro...

In "Watershed Moment" China Orders Companies To Defy US Sanctions China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying for the first time a blocking measure introduced in 2021 that was aimed at protecting its firms from foreign laws it deemed unjustified.  Refiners - including Hengli Petrochemical (Dalian) Refinery which was sanctioned last month and several other privately-owned processors - had been facing asset freezes and transaction bans. Hengli was the most ambitious target to date in China’s refining sector, and...