Browsing Category

US Economy

Eos’ energy storage skyrockets to $1.3B for bigger, long-term projects

TL/DR - The U.S. energy storage market is moving towards longer discharge durations, with markets such as California and Texas deploying record amounts of solar and wind energy. Over half of the $12.9 billion project pipeline of zinc battery provider, Eos Energy, comes from proposals due in 2023, with about 60% of these projects expected to come…

King Labels U.S. Dependence on China for Lithium as Dangerous

TL/DR - US Senator Angus King is pushing for a faster permitting process to help support America's renewable energy projects and counter climate change. Senator King highlighted the issue of lithium, essential for the manufacture of electric vehicles (EVs), noting that it can take over a decade to acquire a mining permit for the mineral in the…

Rake Encounter

TL/DR - The 2008 Global Financial Crisis marked a significant shift in the financial and psychological approach…

Challenges of Trump’s Proposal to Repeal Obamacare Explained

TL/DR - Former President Donald Trump plans to try repealing Obamacare again if he is voted into office in 2024, though the effort may fail as it did in 2017 due to a slim Republican Senate majority. Despite likely Republican control of the Senate in 2024, some Republican senators may side with Democrats to preserve Obamacare, as they did in…