Crucial Metal to Drive Electric Vehicles in Short Supply
In line with greener initiatives, many agree that vehicles that run on electricity rather than fossil fuels will be the way of the future. However, a significant lack of the metals necessary to make this happen threaten the production of electric automobiles and other sustainable alternatives to machines that operate on fossil fuels. Metals such […]
EU Divided on Disconnecting Russian Energy
European Union ministers met to discuss a strategy for moving away from oil and gas supplied by Russia. While heavy sanctions have been implemented on Russia by the EU and other world allies, the EU still remains heavily reliant on Russian fossil fuels. Though the EU ministers seem to be in mutual agreement of the urgency […]
EU Fighting Russian Oil with Green Initiatives
The European Union, in attempts to free themselves from dependence on Russian oil, are enacting greener initiatives with the incentive being to defund the Russian war machine. These measures, which were created by the International Energy Agency (IEA), could save each household up to £375 (approximately $483 USD) a year. The campaign smartly titled “Playing […]
EU is Drilling for Independence from Russian Oil
Despite being at the center of the largest military conflict in Europe since World War II, Russia’s natural gas continues to flow through Ukraine to the rest of the continent. Natural gas is one of the several commodities affected by Russia’s invasion of Ukraine. The European Union receives roughly 40% of its natural gas from […]
China’s Lockdowns Putting Strain on World’s Economy
Shanghai, home to China’s leading financial center and some of its largest sea and airports, has been under lockdown for more than two weeks with no sign of ending. China’s unwavering commitment to its “Zero-Tolerance” Covid-19 policy threatens to deal a hefty blow to its economy while placing further stain on global supply chains and […]
