ClientEarth, a European climate law charity, has filed lawsuit alleging that Shell breached its legal duties by mismanaging climate risk. This is a novel approach and if successful could mean big changes for Big Oil and the fossil fuel industry. https://www.theenergymix.com/2022/03/27/shell-breached-legal-duties-by-mismanaging-climate-risk-lawsuit-alleges/
Archive for the ‘Finance’ Category:
2022-03-12 POTUS Sign Exec. Order Re. Development Of Digital Assets
Quote: << President Biden to Sign Executive Order on Responsible Development of Digital Assets MARCH 09, 2022 STATEMENTS AND RELEASES Outlines First Whole-of-Government Strategy to Protect Consumers, Financial Stability, National Security, and Address Climate Risks >> https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets/
2022-02-20 Solar City Shareholders Lawsuit – Musk Should Pay $13B
This is the first I’ve heard about this lawsuit. Must be newsmedia ignoring it. https://www.reuters.com/business/telsa-investors-urge-judge-order-musk-repay-13-bln-solarcity-deal-2022-01-18/
2022-02-19 DOE $6B To Help Struggling Nuclear Power Plants
The DOE intends to help struggling nuclear power plants to stay online by helping with $6 billion. The utilities want to avoid further costs by shutting down the unprofitable NPPs, often replacing them with gas turbines spewing more CO2. https://www.utilitydive.com/news/doe-to-offer-6-billion-to-keep-struggling-nuclear-reactors-online/618919/
2022-02-15 Trump’s Dubious Financial Statements
The Mazars accounting firm is cutting ties with Trump Organization. They say his financial statements are dubious. https://youtu.be/csAS4WLvMao I have to feel a bit of satisfaction that Trump’s crooked past is catching up with him.
2022-02-12 If It’s Too Good To Be True, It Is
Last year I saw an ad on Facebook for 100 USPS Xmas ‘forever’ postage stamps (normally cost 58 cents each) for $39.90. I needed Xmas stamps and yes, I know that the USPS doesn’t sell stamps at discount, but I wanted to take the risk and see if they were selling counterfeit stamps. So I
(Read More…)
2022-01-28 Tesla: 50% Growth Possible At Fremont, Shanghai
Elon said the chip shortage was a lot like the toilet paper fiasco. But what really inspires me is that they said that there’s a lot of life left in the old girl in Fremont and that California can be up there with the biggest carmakers in the US. Fremont was originally a GM and
(Read More…)
2022-01-27 Thousands Of Institutional Investors In TSLA
There are thousands of institutional investors in TSLA. https://www.nasdaq.com/market-activity/stocks/tsla/institutional-holdings?random=61e21de340321
2022-01-25 Republicans Use Two Santa Clauses SCAM
This is an interesting theory. https://www.milwaukeeindependent.com/thom-hartmann/two-santas-strategy-gop-used-economic-scam-manipulate-americans-40-years/
2022-01-21 Billionaires Ask To Be Taxed
Billionaires ask governments to tax them. https://www.theguardian.com/business/2022/jan/19/millionaires-call-on-governments-worldwide-to-tax-us-now
