Attacks by the Rwanda-backed M23 have led to another wave of mass displacement in the province of North Kivu. The rebel group has tried to make advances towards the provincial capital of Goma, attacking the town of Sake which lies just 25 kilometers away.
The revival of the Stellantis plant is a stunning reversal of fortunes for Belvidere, Ill. But workers say they won’t rest until they see the concrete being poured.
China has become a powerhouse in clean energy, and has overtaken the EU on clean technology research, a paper prepared for the European Commission has shown.
“China has caught up with the EU in R&D expenditure. While Chinese R&D intensity more than doubled since 2000, EU R&D intensity grew much slower. As a result, China caught up with the EU while the US keeps a consistent lead,” according to the brief on the EU-China exposure in trade, investment, and technology.
“China is increasingly becoming a world leader in science and innovation, for several critical technologies outlined in the 2023 Commission Recommendation on critical technology areas for the EU’s economic security,” the authors of the study for the Commission wrote.
China is eating Europe’s lunch, as well! On another note, the EU should worry more about their dependence, on the US, than on China. Then again, they’re a vassal state of the US.
China is prohibiting the export of some technologies to process rare earth elements to protect its national security as the race for critical minerals supply intensifies.
With an annual total capital expenditure and exploration expense projection ranging between US$23 billion to US$25 billion, ExxonMobil is set to allocate US$22-$27 billion annually toward project spending until 2027. This includes a commitment to emerging ventures in lithium and low-carbon initiatives, with an 18% increase in spending in these areas.
Emphasizing its dedication to the energy transition, ExxonMobil’s Low Carbon Solutions division is expected to witness an increase in budget from US$17 billion to US$20 billion between 2022 and 2027, contingent upon government support.
The company plans to ramp up annual share buybacks to $20 billion by 2025, an increase from the current US$17.5 billion, following the completion of the Pioneer merger. Additionally, ExxonMobil continues its divestment strategy for refining operations.
Facing millions in lost advertising revenue after he championed an antisemitic conspiracy theory on Twitter, Elon Musk toured Israel and met with the country’s leaders. The Onion examines everything Musk did while visiting Israel.
The electric Ford Lightning, for example, is a whopping 6,500 pounds. The Hummer EV is even heavier, clocking in at 9,000 pounds. Its battery alone weighs more than a Honda Civic. Experts have pointed out the significant safety ramifications of this transition for a while, but it’s still not clear that we’ve prepared the regulatory and policy landscape for such a transition.
WASHINGTON, Sept 19 (Reuters) – As the UAW strike enters its fifth day, the Biden administration is hobbled by a lack of legal authority to steer the talks and difficulty in figuring out UAW President Shawn Fain’s negotiating strategy and leadership style, three sources said.
Last night’s announcement by UAW President Shawn Fain that the union would initially only strike at three non-strategic plants has confused many in the labor movement. The announcement comes as the Biden Administration has stepped in to stop the strike from spread and protect its $15 billion investment in transitioning the auto parts industry to make electric vehicles.
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