More from Mohammed Ali
-
Texas power grid to connect with national network after decades of isolation
For decades, Texas has operated its own independent power grid, largely isolated from the rest of the country. However, a recent initiative from the Biden administration aims to change that by investing millions to better connect the state with the national electrical system. Texas initially distanced itself from the national grid in the 1930s, seeking… -
X is worth 79% less than when Elon Musk bought it for $44 billion: Report
Elon Musk’s contention in 2022 that he and his fellow investors were overpaying when they bought the social media platform formerly known as Twitter seems to be spot on. Fidelity said the value of its investment in X dwindled by nearly 79%. Asset managers at Fidelity’s Blue Chip Growth Fund say the value of its… -
Chinese researchers use solar power to extract lithium from seawater
The rising demand for lithium, a crucial component in technologies such as renewable energy infrastructure and electric vehicle batteries, is driving new technological advancements aimed at procuring more of the metal. Researchers in China are developing a method for extracting lithium directly from seawater to try and help meet the world’s growing need for this… -
The Metals Company issues scientific rebuttal to ‘dark oxygen’ discovery
A “ground-breaking” scientific discovery made 13,000 feet below the ocean’s surface would fundamentally change humanity’s understanding of how oxygen is produced, but its findings are being called into question. A company with vested interests in whether or not this science is considered valid has claimed this research regarding “dark oxygen” is “flawed” and “misleading.” The… -
GE Vernova announces staff cuts amid wind turbine failures, financial losses
GE Vernova has announced significant staff reductions in its offshore wind business following a series of operational setbacks and financial losses. The company stated that 900 employees globally could be affected by the move, citing rising material costs and persistent supply chain disruptions as key reasons behind the decision. “The proposal reflects industry wide challenges… -
BP to sell off US wind energy assets while prioritizing oil and gas investments
BP announced its decision to divest from its U.S.-based onshore wind turbine operations. The move signals a shift in strategy, with the company refocusing on its core business of oil and gas production, a pivot that comes amid changes in leadership and investor dissatisfaction with its previous emphasis on renewable energy. Under BP’s new CEO… -
New study finds energy intensive Bitcoin mining could help cut emissions
As Bitcoin’s prominence in the financial world has grown, one constant remains: the energy-intensive process of mining. In 2023, the energy consumed by Bitcoin mining equaled the carbon footprint of Poland, while some large-scale operations use as much electricity as a small city each day. However, a recent study conducted by the Bitcoin Policy Institute… -
Nearly 2/3 of Americans say they won’t buy new iPhone because of inflation
Apple revealed its new iPhone on Monday, Sept. 9, fit with artificial intelligence and cameras that just keep getting better. The iPhone 16 even has a camera control button on the edge. Sales start this month, but how many Americans will be racing to get the latest gadget? Sixty-three percent of Americans said they would… -
New report warns the US faces a maternal health care crisis
The U.S. is facing a maternal health care crisis. According to a new report by the March of Dimes, 1 in every 3 U.S. counties does not have a single obstetric clinician. The March of Dimes is a nonprofit that focuses on improving the health of mothers and babies. To make matters worse, it said… -
Biden unveils largest rural energy spend since 1936, but experts have concerns
The White House announced what it describes as the largest investment in rural electrification since the 1930s. President Joe Biden unveiled plans to provide more than $7.3 billion in financing to rural electric cooperatives across 23 states. These funds will support the generation of clean energy for approximately 5 million people, benefiting 20% of the… -
UK approves 9 new offshore wind farms in record day for British clean energy
The United Kingdom is set to become home to some of Europe’s largest offshore wind farms, with contracts now secured to build the continent’s largest and second-largest projects. In total, nine offshore developments have been approved this month, marking a sharp increase from the same period last year when no energy companies were willing to… -
Harris shifts fracking stance amid White House bid: ‘My values have not changed’
Democratic presidential nominee Kamala Harris recently clarified her position on fracking. Her position shifted since the onset of her last White House bid. “As vice president, I did not ban fracking,” Harris said during an interview with CNN. “As president, I will not ban fracking.” This stance marks a notable shift from her earlier position… -
Access denied: Less than 1 in 4 infertile couples in US can access IVF
On the campaign trail this week, former President Donald Trump pledged to make in-vitro fertilization free if elected in November. Trump spoke about his plan during a rally. “I’ve been looking at it and what we’re going to do is, for people that are using IVF – which is fertilization – the government is going…