Philippe Benoit News Today

WASHINGTON DC, Apr 25 (IPS) - Artificial intelligence provides amazing potential for advancement across fields, from medicine to agriculture to industry to the entertainment business, even as it generates significant concerns. AI can also improve the efficiency of energy production and use in ways that can reduce greenhouse gas emissions.

WASHINGTON DC, Apr 10 (IPS) - Earlier this year, the Biden administration paused action on pending approvals for U.S. liquefied natural gas exports to countries without a U.S. free-trade agreement, with President Biden citing ”the urgency of the climate crisis.” The decision was hailed by climate activists and criticized by oil and gas industry representatives.

PARIS, Feb 19 (IPS) - The International Energy Agency (IEA) held its annual ministers meeting last week in Paris, marking the 50th anniversary of the world’s leading energy organization. Critical topics on the agenda included energy security issues linked to Russia’s invasion of Ukraine and geopolitical tensions in the Middle East, as well as advancing a clean energy transition to meet global climate change goals.

BNP Paribas Securities Services has signed an exclusive agreement to take on HSBCs hedge fund administration business.

BNP Paribas Securities Services has signed an exclusive agreement to take on HSBC's hedge fund administration business.

The transfer of services from HSBC to BNP Paribas will be offered to 25 global clients and will involve the integration of certain employees within BNP Paribas’ teams

Montreal is home to the first farmer-owned grocery store in Quebec. Farmers will get the majority of the money from the sales of their produce.

The new peak demand date for oil, gas and coal is "dramatically" different to what would have been predicted just 10-15 years ago, driven by changes in political will, technology advances and an appreciation of energy security benefits.

China

WASHINGTON DC, Aug 03 (IPS) - The Colorado river basin has recently been wracked by an extended drought which brought to the fore major concerns regarding hydroelectricity production. Up on the Colorado sits the iconic Hoover Dam, which transforms water into enough electricity to power 1.3 million people in Nevada, Arizona and California.