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Europe: +44 (0) 207 198 1634 Feed-in Tariff Component of U.K. Electricity Bills Set to Increase in the Coming Months One of the non-commodity components of U.K. electricity bills is set to increase in the coming months. The Feed-in Tariff or FiT charge relates to funding for renewable energy sources across the country and those associated with solar programs are likely […]
The introduction of a new and more stringent U.K. Emissions Trading Scheme has the potential to boost electricity prices in
the U.K. in the coming years.
Equities and the economy On Friday U.S. stocks booked a 4th consecutive gain with the Dow adding 19 points to 17,949, the S&P 500 gaining 4 to 2,103 and the Nasdaq rising 20 points to 4,863. The Dow came within a whisker of its pre-Brexit close of 18,011 before retreating in the afternoon. The S&P […]
Equities and the economy Investors had the weekend to think about Brexit, and their opinion didn’t change from Friday. They don’t like it. Not at all. Yesterday the Dow closed down 261 points, 1.50%, finishing at 17,140, and that was after an intraday rally from 77 points lower. The S&P 500 lost 37 points, 1.81%, […]
Equities and the economy Last week and yesterday remind me of the memorable 1984 movie Karate Kid where Kesuke Miyagi teaches Daniel LaRusso karate with the training beginning with menial chores including waxing Miyagi’s car stating “Wax on. Wax off.” Well lately it’s been “Risk-off. Risk-on” in the global equity markets. Whereas last week it […]
LE BOURGET, France — With the sudden bang of a gavel Saturday night, representatives of 195 nations reached a landmark accord that will, for the first time, commit nearly every country to lowering planet-warming greenhouse gas emissions to help stave off the most drastic effects of climate change. The deal, which was met with an […]
Is 55 gigawatts of new offshore wind by 2020 possible? Nearly 130 gigawatts of installed wind power accounted for more than 8 percent of Europe’s electricity demand in 2014, according to a new report from the European Commission. That figure might not seem particularly large, especially since renewable energy accounted for 78 percent of Germany’s power consumption one afternoon […]
Source: U.S. Energy Information Administration, based on Lloyd’s List Intelligence, Global Trade Information Services, Eurostat, and trade press In early April this year, Iran and the five permanent members of the United Nations Security Council plus Germany (P5+1) reached a framework agreement to guide negotiations targeting a comprehensive agreement by June 30. The comprehensive agreement could […]
Equities and the Economy Good morning and happy Paperclip Day (I guess it’s only fair paperclips have their day being cellophane had its day on Wednesday). U.S. stocks ended slightly lower yesterday with the Dow falling 37 points to 18,126, the S&P 500 lost 2 to 2,121 and the Nasdaq was off 9 to 5,098. […]
Equities and the Economy Breaking a four day winning streak the Dow and S&P 500 closed lower on Friday with the former losing 141 points (0.8%) ending at 17,673 and the latter off 11 points (0.6%). The Nasdaq bucked the trend closing 7 points higher (0.2%) at 4,757. The day might not have been good […]
