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News & Articles By Laura Harris
01/08/2024
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By Laura Harris
Fire official expresses concern about the hazards associated with lithium batteries, which “don’t go out as easily as other fuel sources”
Fire and Rescue New South Wales (FRNSW) is investigating the cause of a destructive fire that consumed a two-story e-bike factory in the Inner West of Croydon, Sydney, on Jan. 5. FRNSW Superintendent Joshua Turner expressed concern about the hazards associated with lithium batteries and electricity storage units within the e-bike repair center. “Crews found it was […]
12/19/2023
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By Laura Harris
New study: Charging an EV is equivalent to filling up a traditional car with gasoline worth $17.33 per gallon
A new study conducted by the Texas Public Policy Foundation (TPPF) has found that the true cost of charging an electric vehicle (EV) is equivalent to filling up a traditional car with gasoline worth $17.33 per gallon. The report, titled “Overcharged Expectations: Unmasking the True Costs of Electric Vehicles,” shows that $22 billion in government handouts to EV owners […]
12/15/2023
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By Laura Harris
U.A.E. teams up with Bill Gates’ nuclear company to build ADVANCED NUCLEAR REACTORS
The United Arab Emirates has signed an agreement with Bill Gates’ nuclear company, TerraPower, to explore the potential development of advanced nuclear reactors within the Gulf state. During the United Nations’ COP28 climate conference in Dubai on Dec. 4, Mohamed al-Hammadi, the CEO of the government-owned Emirates Nuclear Energy Corporation (ENEC) said that the U.A.E. […]
12/10/2023
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By Laura Harris
Absurd: Not a single EV charging station has been completed 2 YEARS after Congress approved $7.5B for it
Not a single electric vehicle (EV) charging station has been completed two years after Congress earmarked $7.5 billion for that purpose. Back in November 2021, President Joe Biden signed the Infrastructure Investment and Jobs Act into law. The National Electric Vehicle Infrastructure (NEVI), which was included in the measure, allocated $7.5 billion to build 500,000 EV […]
12/08/2023
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By Laura Harris
Ford Motor Company scales down EV investments at Michigan plant due to declining demand and inflation pressures
The Ford Motor Company is scaling back its investment in electric vehicles (EVs) by reducing the production capacity of its battery factory in Marshall, Michigan and cutting 800 jobs. According to Ford spokesperson Mark Truby, the company initially planned to invest $3.5 billion in the factory, known as Blue Oval Battery Park, to produce 35 gigawatt […]
12/08/2023
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By Laura Harris
OPEC+ to implement voluntary oil production cuts in 2024, further strangling the global energy supply
After days of intense negotiations and delays caused by disputes over production baselines, the Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, have reached an agreement to implement voluntary oil production cuts. The meeting, originally scheduled to take place in person in Vienna, Austria from Nov. 25 to 26, was […]
11/08/2023
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By Laura Harris
EVs on the verge of becoming UNINSURABLE due to HIGH COST of battery repairs
Electric vehicles (EVs) in the U.K. are on the verge of becoming uninsurable because of the high cost associated with fixing their batteries. Jonathan Hewett, CEO of the motor insurer-funded automotive research firm Thatcham Research, issued this warning. According to him, the lack of “insight and understanding” about the cost of repairing damaged EV batteries leads […]
10/25/2023
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By Laura Harris
Oil prices surge by more than $1 per barrel amid ongoing Israel-Hamas conflict
Global oil markets were rattled as oil prices surged by more than $1 per barrel on Oct. 20 amid the ongoing Israel-Hamas conflict. According to the Epoch Times, Brent crude futures have gained $1.23, pushing the price to $93.61 per barrel, while U.S. West Texas Intermediate crude also followed suit, rising by the same amount to reach $90.60 per […]
10/24/2023
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By Laura Harris
Reserve Bank of Australia Gov. Michelle Bullock: Israel-Hamas conflict may contribute to oil price increase and global inflation
Reserve Bank of Australia (RBA) Gov. Michelle Bullock explained the potential impacts of the ongoing Israel-Hamas conflict on oil prices and global inflation during her first public appearance at the AFSA Annual Summit Panel in Sydney. Bullock pointed out that one immediate consequence of the conflict in the Middle East was the rapid surge in oil prices. She […]
10/20/2023
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By Laura Harris
Dannar, BMW combine to launch a mobile power station carrying EV battery packs
U.S. company Dannar and renowned automaker BMW have combined their expertise to launch a mobile power station carrying electric vehicle (EV) batteries. In 2015, Dannar and BMW co-developed BMW i3 EV batteries, a “first-of-its-kind electric heavy-duty vehicle for infrastructure maintenance and disaster response,” designed for road applications. By 2017, Dannar launched its Mobile Power Station off-road […]
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