The Candian government has delivered a massive boost to green investment and subsidies with a $C80 billion investment. The investment includes massive tax credits for clean technology over the next decade, including C$25 billion for investments in clean electricity. The plan is being compared to the US Inflation Reduction Act […]
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US to Announce Electric Vehicle Subsidy Rules, Major Implications for Non-US Manufacturers
This week the United States Treasury Department will announce new rules for major subsidies for Americans purchasing electric vehicles, or EVs. US media reports a tax credit of US$7,500 is on offer for new EV purchases, under criteria which will ensure the sustainability of the North America car manufacturing sector. […]
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Europe Desperate for More Lithium to Secure Car Manufacturing Targets
Europe is desperate for sources of lithium, as the EV vehicle industry clammers for supply. According to Bloomberg today, Europe currently imports 100% of its lithium from abroad and there’s a need to secure supply as quickly as possible to keep up with demand. As European regulators pass laws to […]
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US companies incentivised to buy up Australian lithium and other battery minerals mines – MinRes
Lithium and iron ore mining magnate Chris Ellison is urging the Australian government to do more for the battery metals industry, suggesting US companies are being incentivised by the US government to buy up local lithium and battery metals mines in Aus. The Financial Review reports Mr Ellison, Chairman of […]
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Silicon Valley Bank Collapse Hurts Climate Startups
The sudden collapse of Californian bank SVB had imperilled dozens of startups crucial to combatting climate change. The New York Times reports some 1,500 startups focused on green energy, battery storage and other green tech were impacted by the banking crisis. The US Federal Treasury moved Sunday to head off […]
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Renewable Energy Boom: Australia Investors Record Levels
Record levels of renewable energy investment is underway in Australia, as government and other major institutions place billions in new commitments. The Guardian reported this week financial commitments to renewables and storage totaled A$4.29bn in the December quarter, a 10-fold increase on the previous three months. “Australia is deploying new […]
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Nuclear Power Plants Set to Power Green Hydrogen Revolution in the US
In a watershed moment for the green energy movement, nuclear power plans are now making green hydrogen. Production of green hydrogen is now taking place at the Nine Mile Point Nuclear Station in Oswego, New York. This is a first for the United States and is expected to be a […]
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Ready to Run? More Uranium Off Market, US Congress Pushes Russia Ban
More bullish signs for uranium investors? The uranium spot market is rising in February 2023, as US congress looks at a new push to focus on domestic sources of energy and move away from Russian uranium. It was announced this week that U.S. Senators Joe Manchin (D-WV), Chairman of the […]
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Rick Rule Interview: Japan Nuclear Restart Signals 2023 Uranium Bull
In an interview with commodities media personality and YouTuber Jesse Day, legendary investor and CEO of Sprott Rick Rule said 2023 will be the year that uranium turns a corner – with Japan’s nuclear power restarts, extensions and new builds signalling the upward swing. In the interview, set to be […]
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Massive New Uranium Bull Incoming – Analyst
A “massive new uranium bull market is in full swing,” according to investor and analyst Kevin Bambrough. A huge fundamental sentiment shift is underway, as governments scramble to figure out how to decarbonise their economies over the next couple of decades. Many nations see nuclear as an important part of […]