Despite all this good news, the price is not at an all-time high. That was in August 2019. It has risen strongly since last year s nadir as the economies shut down, but in my view the outlook is very positive.
Joe Biden and Boris Johnson agree on one key point. Solar, wind power and other renewable energies will play a vital role in the battle against climate change.
With other world leaders, the pair are pledging to move towards net zero – the cherished goal of a balance between the amount of carbon emitted into the atmosphere by the fossil fuels we burn – coal, gas and oil – and the amount that can be removed from it.
For investors, it has gained added urgency after Big Oil this week suffered a big backlash. A court in the Netherlands ordered Shell to slash its carbon emissions at a faster rate than it planned and Exxon shareholders defied the management and elected two new board members from a hedge fund who have warned against its dependence on fossil fuels.
Warm weather has arrived, and it's time to take that old muscle car out of the garage, pack up the kids, call your friends and meet up for a fun day; check out
Rolls-Royce chief exec Warren East said the firm s new jet engine testing facility at the company s headquarters in Derby (pictured) - built at a cost of £90m, was a vote of confidence in the future.
Image used for representational purpose only.
MUMBAI: Apart from suffering huge losses during Cyclone Tauktae recently, the MSEDCL is yet to recover Rs 686 crore electricity bill arrears from consumers across Mumbai Metropolitan Region.
On Friday, MSEDCL chief engineer Suresh Ganeshkar appealed to consumers in MMR to assist the state power company by clearing all pending payments.
He further said : The money is required to purchase power from generating units while also for daily operational and maintenance expenses. Of the total arrears, Rs 200 crore is pending for payment of electricity bills from residential consumers in MMR for the past one year while commercial users have arrears to the tune of Rs 120 crore.