Tag: Energy subsidies
Climate activists hail Dem budget spending on clean energy
WASHINGTON — Environmental groups hailed a sweeping $3.5 trillion domestic spending plan announced by Democrats, saying it would make “transformational investments” in clean energy...
Lebanon reduces fuel subsidies amid gasoline shortages
BEIRUT — Lebanon’s caretaker prime minister on Friday granted his approval for financing fuel imports at a rate higher than the official exchange rate,...
Brazil scrambles to help the poor, while they barely hang on
RIO DE JANEIRO — Brazil’s President Jair Bolsonaro has asked supermarkets to lower prices of staple foods and his economy minister suggested homeless people...
Ohio utility gets SEC subpoena regarding tainted energy bill
CLEVELAND — The electric utility AEP Ohio said Tuesday that the Enforcement Division of the U.S. Securities and Exchange Commission has subpoenaed documents related...
FirstEnergy fires another executive over consulting contract
CLEVELAND — A FirstEnergy senior vice president was fired Thursday for her “inaction” regarding a 2015 amendment to a “purported” consulting contract with someone...
Turkish firm shuts down power supply for crisis-hit Lebanon
BEIRUT — A Turkish company that provides electricity to Lebanon from two power barges shut down its operations on Friday over delayed payments. The...
Biofuels producers, farmers not sold on switch to electric
DES MOINES, Iowa — The president and auto industry maintain the nation is on the cusp of a gigantic shift to electric vehicles and...
Beleaguered Syria suffers also due to Suez Canal closure
BEIRUT — Syria has begun rationalizing the distribution of fuel in the war-torn country amid concerns of delays of shipments arrivals resulting from a...
Lebanese are gripped by worry as economic meltdown speeds up
BEIRUT — Shops closing, companies going bankrupt and pharmacies with shelves emptying — in Lebanon these days, fistfights erupt in supermarkets as shoppers scramble...
‘Republic of Queues’: 10 years on, Syria is a hungry nation
BEIRUT — The lines stretch for miles outside gas stations in Syrian cities, with an average wait of five hours to fill up a...