JPMorgan noted, however, a price drop could force it to further scale back megaprojects such as the $500 billion city-of-the-future, NEOM. For poorer producers, such as Angola, Ecuador and Nigeria, lower prices would be more damaging. Most rely on oil for dollars, a...
These taxes are necessary, because governments of oil exporters tend to be very dependent on oil companies for tax revenue. If the price of oil drops, the most adverse impact may be on tax revenue. As long as the price is high enough that it leads to the collection of some tax revenue...
Action to restore appropriate price incentives, notably through corrective carbon pricing, is urgently needed tolowerthe risk of irreversible and potentially devastating effects of climate change. 出自-2017年6月阅读原文 A commonly held view in the oil industry is that the best cure forlowoil prices...
Those price increases have stoked fears of longer-term inflation, despite the central bank's assurances that the spikes will be transitory. "The market has come around to the Fed's expectation that inflation is set to rise over near term but will plateau and decline in the coming m...
As the 1970s unfolded and oil price shocks hit the global energy system, interest in solar PV picked up. In 1977 the U.S. Department of Energy launched the Solar Energy Research Institute, which later becomes known as the National Renewable Energy Laboratory (NREL). By 1980 ARCO Solar becam...
Malaysia's palm oil consumption jumped 53% in December from a month earlier to 309,865 tons, the data showed. Palm oil has been trading at a premium to rival soybean and sunflower oils, and it needs to correct to attract demand from price-sensitive buyers, said a ...
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In theory, the amounts of money involved in low-carbon energy projects and the fact that they respond conversely to oil price shocks imply that such investments facilitate the diversification of the rent portfolio of Gulf states. Even if all planned low-carbon power generation capacity is built,...
But the distinctive flavor for some uses is worth the price in my opinion. I store them in my freezer so they do not go rancid. As I rarely use them, a bag will last me a year. I can’t believe I didn’t care for black walnuts when I was a child, but I have learned to ...
(54% of the electricity comes from the grid); here, grid electricity has the lowest carbon intensity in Europe and lower price compared to the mean value. However, when the plant is off-grid, the installed capacity of wind turbines and electrolyzers increases by 369% and 417%, respectively...