Hundreds of academics are asking Finance Minister Freeland to scrap tax deductions for carbon capture

SaskPower carbon capture and storage facility at Boundary Dam Power Station in Estevan, Sask. on October 2, 2014.Michael Bell / The Canadian Press More than 400 Canadian climate scientists and other academics are urging Finance Minister Chrystia Freeland to scrap her plan to create a tax deduction for companies building carbon capture and storage facilities. … Read more

Ottawa gives Alberta’s clean energy technology sector a $ 3 million financing boost

Workers set up solar panels at the construction site of Canada’s largest solar farm, Travers Solar, near Vulcan, Alta., On November 9, 2021.Todd Korol / The Globe and Mail Research and collaboration areas to accelerate Alberta’s energy sector toward net-zero greenhouse gas emissions received a $ 3 million funding boost from Ottawa on Wednesday, in … Read more

Texas pipeline company threatens to cut off fuel for larger generator

Sign up for The Brief, our daily newsletter that keeps readers updated on the most important Texas news. With freezing weather sweeping into Texas at the end of this week, subsidiaries of a major pipeline company are threatening to cut off natural gas to the state’s largest electricity generator – which could affect the electricity … Read more

Microsoft’s Activision Blizzard deal is set to bolster its Netflix-of-Gaming hopes

Microsoft Corp.’s MSFT 2.65% acquisition of Activision Blizzard Inc. THAT WE -0.01% aims to shake up the gaming industry by expanding the software giant’s library of blockbuster video games and strengthening its efforts to lure consumers to their cloud gaming service. The planned $ 75 billion deal would be Microsoft’s largest ever and its most … Read more

Study finds protein structures that could be responsible for the origin of life

The question of how life first arose on our planet is one we have not yet fully answered, but science is constantly getting closer – and a new study identifies the structures of the proteins that may well have made it happen. . To begin with, the team behind the study decided to take as … Read more

Geothermal energy can change the way lithium comes from

The south west of England is famous for its dramatic coastline, green landscapes and fresh seafood. If all goes according to plan, another string could be added to the region’s arc over the next few years: lithium extraction. The County of Cornwall is working to exploit the area’s natural resources and establish an industry that … Read more

Oil prices will rise to $ 100 this year, warns Goldman Sachs

In a report Monday night to customers, the Wall Street bank supported its bullish call by citing “robust fundamentals” in the oil market, a “surprisingly large” supply deficit and declining firepower from OPEC and its allies. Goldman Sachs (GS) also pointed to reduced appetite for investing in oil due to the energy transition. This summer, … Read more

The Russia-Ukraine crisis could trigger increases in Europe’s gas prices

Growing tensions between Russia and Ukraine have cast a shadow over energy markets, and uncertainty could mean a longer period of high gas prices for Europe, analysts say. “It’s a very tight gas market … and there’s no doubt that this sense of imminent crisis building with Russia and Ukraine is also hanging over the … Read more

How HIFO accounting reduces the IRS bill

Bitcoin has fallen about 36% from its record high in November, but the fall has a good side, thanks to a distinctive feature of the tax code that helps crypto holders protect their gains from the IRS. The IRS treats cryptocurrencies as property, which means that whenever you use, exchange or sell your tokens, you … Read more

Russia says the ‘short-sighted’ EU is only to blame for the energy crisis – POLITICO

The EU is to blame for its energy crisis, Russia’s Deputy Prime Minister Alexander Novak said on Saturday. A crunch on global gas supplies has sent consumer bills soaring across Europe, boosting inflation and accusations, most recently from the head of the International Energy Agency, Fatih Birol, that Moscow is exacerbating the problem by withholding … Read more