Thursday, May 01st
Last update08:16:57 AM GMT
Energy Glance
China canceled 12,000 metric tons of United States pork shipments amid a high-stakes trade standoff between the superpowers, according to data released Thursday.
China, one of the biggest U.S. trading partners, axed 12,000 metric tons of U.S. pork orders, the data from the U.S. Department of Agriculture (USDA) shows.
The move represents the biggest cancellation of pork orders since the COVID-19 pandemic disrupted supply chains and stalled economies around the world, Bloomberg News reported.
Head of the Canadian province Premier Doug Ford has been an outspoken critic of the tariffs President Donald Trump has imposed on imports from Canada, saying he would restrict the electricity exports to Minnesota, Michigan and New York if the tariffs continue.
In a press conference Monday, Ford said they were moving forward with a 25% export fee on electricity for 1.5 million homes and businesses, and may increase it or cut it off depending on Trump's actions.
Ford estimated on average it would add $100 to monthly electricity bills for impacted Americans.
"Believe me when I say I do not want to do this. I feel terrible for the American people, because it's not the American people who started this trade war," Ford said at the press conference. "It's one person who's responsible. That's President Trump."
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A decision by regulators to extend the life of two of the oldest reactors in the US decades beyond their original permits has elevated the risk of a nuclear disaster in heavily populated south Florida, environmental groups are warning.
The Miami Waterkeeper says the ageing Turkey Point facility in south Miami-Dade county, which was built in 1967 and generates power for a metropolitan area covering about 3 million people, is especially vulnerable to flooding and excessive heat from the climate emergency, in part because of its low-lying position and coastal exposure to a major hurricane.
Pope Francis remained in critical condition Sunday and blood tests showed early kidney failure but he remains alert, responsive and attended Mass, the Vatican said, as the 88-year-old pontiff battles pneumonia and a complex lung infection.
In a late update, the Vatican said Francis hadn’t had any more respiratory crises since Saturday night but was still receiving high flows of supplemental oxygen.
Some blood tests showed “initial, mild, kidney failure,” but doctors said it was under control.
“The complexity of the clinical picture, and the necessary wait for drug therapies to provide some feedback, dictate that the prognosis remains guarded,” Francis’ doctors concluded.
The US Senate on Monday confirmed Chris Wright, a fracking executive, to be Donald Trump’s energy secretary.
The vote was 59-38.
Wright, 60, the CEO of Liberty Energy since 2011 has said he will step down from the company once confirmed. He wrote in a Liberty report last year that he believes human-caused climate change is real, but that its hazards are “distant and uncertain”. He has also said that top-down governmental policies to curb it are destined to fail.
However, Wright has called climate change activists alarmist and has likened efforts by Democrats to combat global warming to Soviet-style communism.
“There is no climate crisis, and we’re not in the midst of an energy transition, either,” Wright said in a video posted to his LinkedIn profile in 2023.
The fossil fuel industry funded some of the world’s most foundational climate science as early as 1954, newly unearthed documents have shown, including the early research of Charles Keeling, famous for the so-called “Keeling curve” that has charted the upward march of the Earth’s carbon dioxide levels.
A coalition of oil and car manufacturing interests provided $13,814 (about $158,000 in today’s money) in December 1954 to fund Keeling’s earliest work in measuring CO2 levels across the western US, the documents reveal.
Keeling would go on to establish the continuous measurement of global CO2 at the Mauna Loa Observatory in Hawaii. This “Keeling curve” has tracked the steady increase of the atmospheric carbon that drives the climate crisis and has been hailed as one of the most important scientific works of modern times.
Drone strikes on Saudi Arabian oil facilities have disrupted about half of the kingdom's oil capacity, or 5% of the daily global oil supply, people with knowledge of Saudi's oil operations told CNN Business.
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