In the news today…
Grid:
- Grid News explores recent grid failures in the U.S. noting, “America runs on gas, and when it gets cold, that can be a challenge.”
- AIER reports on the new-normaling of blackouts in the US.
Coal:
- The Financial Times reports that some of the largest coal mining companies tripled their profits in 2022 to reach a total of more than $97bn, defying expectations for an industry that was thought to be “in terminal decline.”
Electric Vehicles:
- Canada’s Globe and Mail ran an editorial noting that, while Canadian politicians and industry representatives “scored a big win by convincing U.S. President Joe Biden’s administration to turn made-in-America provisions for new EV purchase rebates into made-in-North America ones,” they need to turn the same degree of focus to capitalizing on Canada’s reserves of raw materials for batteries, such as lithium, cobalt and graphite.