Biden Shouldn’t Tax Crypto’s Electricity Use

President Joe Biden speaks about his 2024 proposed budget at the Finishing Trades Institute, … [+] Thursday, March 9, 2023, in Philadelphia. (AP Photo/Matt Rourke) Copyright 2023 The Associated ...

Why The Feds Should Tread Lightly On Hydrogen Regulation

A view shows one of the worlds’s first plants for the production of green hydrogen on the site of … [+] the “Shell Energy an Chemicals Park Rheinland” of Anglo-Dutch oil giant ...

How Wind Can Power the Planet and Aid GE Stock

The puffs of air that sway the grass on a summer’s day, the result of the uneven heating of the earth and its rotation, are one key to reducing humanity’s dependence on fossil fuels. Wind could be key...

US authorities to impose 30% electricity tax on crypto mining

The President Joe Biden administration has proposed imposing a 30% electricity tax on crypto mining operations in the United States. The move is attracting severe criticism from industry players. Desp...

U.S President Proposes 30% Tax on Electricity Used For Crypto Mining

6 seconds ago | 2 mins read Bitcoin News Biden has proposed a 30% tax on all power used to mine cryptocurrencies. The goal of this plan is to decrease mining activities, as stated by the government. U...

Biden budget proposes 30% tax on crypto mining electricity usage

A phased-in 30% tax on cryptocurrency mining electricity costs has been proposed by United States president Joe Biden in his administration’s 2024 fiscal year budget. A Department of the Treasur...

High Electricity Prices Will Go Even Higher Unless We Change Course

Melville, N.Y.: Power lines along Ruland Road in Melville, New York on February 13, 2020. (Photo by … [+] Steve Pfost/Newsday RM via Getty Images) Newsday via Getty Images Inflation remains stub...

Exxon and 6 Other Energy Picks With Earnings Upside

Energy stocks have trailed the S&P 500 this year, as earnings for most companies are expected to fall from 2022 levels. The sector is healthy but investors are less interested now that oil and nat...

7 modern technology examples that don’t need electricity

While electricity is an integral part of our daily lives, some modern technologies do not require electricity to function. These technologies rely on other energy sources, such as mechanical energy, s...

US school employee charged for mining crypto with stolen electricity

A former assistant facilities director at Cohasset High School in Massachusetts, Nadeam Nahas, is facing accusations of running a cryptocurrency mining operation within a crawlspace at the school. Nah...

U.S. Clean Energy Is Attracting Billions. Corning, Enphase, and Other Key Players.

A boom in clean-energy manufacturing is fast getting under way across the U.S. Factories are suddenly cranking out everything from solar and wind equipment to batteries and low-carbon fuel. Corporate ...

Buy FirstEnergy Stock. It Should Thrive as America Goes Electric.

The U.S. is trying to wean itself off fossil fuels, and FirstEnergy an Ohio-based electric utility, should be among that campaign’s winners. The outlook for electric utilities is the best in decades, ...

Nearing retirement? Here’s how to shift your portfolio from growth to income.

Over the decades, perhaps you’ve been very good at saving your money and investing it for long-term growth. But when the time comes for you to stop working or to step back to a part-time job, you migh...

Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace – Bitcoin News

A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Poli...

South African Startup Momint Seeks to Boost Electricity Generation Using Blockchain-Based Solution – Bitcoin News

Using a solution that is based on blockchain technology, the South African startup Momint has said the recently launched Suncash initiative aims to ease the country’s power generation challenges. For ...

Apple iPhone Growth Could Lag Rivals for First Time Since 2019

Apple ‘s iPhone shipments are set to fall this year, which would mark the first time the company’s smartphone growth rate is lower than that of its rivals in four years, according to analysts at UBS  ...

Electricity grid delays sink plans for new fuel cell development centre

National Grid – National Grid One of Britain’s leading energy technology companies has been forced to shelve plans for a new development centre after being told it would take up to seven years t...

Electricity bills are surging, is it still cheaper to charge an EV than get gas? It depends.

Electricity bills are surging. Is an electric vehicle still cheaper to charge than filling the tank of a gas-powered vehicle? The cost of charging an EV is almost always hundreds of dollars less a yea...

Three Oil Stocks Exposed to Natural-Gas Plunge

Natural-gas prices have tumbled this year because of warm weather and high levels of gas in storage in Europe and elsewhere. U.S. prices are down 45% to $2.46 per million British thermal units. The dr...

The hunt for stocks with rising dividends: These fund managers have a strategy to keep your payouts growing

The broad stock-market rally so far in 2023 might make it easy to forget what a rough ride investors faced last year. It was a time when some active strategies focused on dividends, good cash-flow tre...

Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force – Mining Bitcoin News

A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensi...

How Gautam Adani Made (and Could Lose) a $147 Billion Fortune

Listen to article (2 minutes) AHMEDABAD, India—Gautam Adani is ubiquitous in this country. His name is plastered on roadside billboards and on the airports and shipping docks he operates. His power pl...

2 Natural-Gas Stocks to Play the Coming Rebound

The collapse in natural-gas prices in recent months has generated a fraction of the attention of the run-up of the first half of 2022. But it could dent 2023 profits industrywide—and dampen inflation ...

Nokia Earnings Top Expectations. India is Powering Its 5G Growth.

Nokia stock climbed on Thursday after the Finnish telecommunications company beat analysts’ expectations for its fourth-quarter earnings and sales, as 5G installation in countries such as India underp...

Electricity bills may continue to shock you even as overall inflation eases. Here’s why.

While price hikes for gas, furniture, electronics and clothes are slowing down after a long stretch of sharp gains, one costly item isn’t expected to get cheaper anytime soon: electricity. Econo...

NRG stock bounces off more than 2-year low after dividend raised, to boost yield above 4.7%

Shares of NRG Energy Inc. NRG, +3.80% bounced 2.1% in morning trading Friday, after the electricity generator and natural gas services company boosted its quarterly dividend by 7.9%, to 37.75 cents a ...

‘Overbought and overpriced’: This investor sees a bubble popping for one popular group of stocks

Investors wouldn’t be blamed for sizing up the first losing week in three for the S&P 500 and decide to start the weekend early. Stocks are on the rise in early action, but that won’t sway five-da...

To Secure Texas’s Future, The ERCOT Grid Will Need More Of Everything

Texas Governor Greg Abbott, l, congratulates his colleague Lt. Gov. Dan Patrick as the two view the … [+] inaugural parade in downtown Austin. Abbott becomes the 48th Governor of Texas during ce...

North America’s Biggest Sources Of Electricity By State And Province

On a national scale, the United States and Canada rely on a very different makeup of sources to generate their electricity. The U.S. primarily uses natural gas, coal, and nuclear power, while Canada r...

Algonquin Power to cut dividend by 40%, provides downbeat profit outlook

Shares of Algonquin Power & Utilities Corp. AQN, -4.26% AQN, -4.67% turned lower to fall 2.2% in premarket trading Thursday, after the utility company said it was taking “decisive actions” to stre...

PPL plans dividend hike, to boost yield to 3.2%

PPL Corp. PPL, +2.09% said Wednesday that it plans to raised it quarterly dividend by 6.7%, to 24 cents a share. Based on Tuesday’s closing price of the electricity generation and transmission company...

CVS eyes next-generation health clinics after Amazon’s move for One Medical

CVS Health Corp. is investing in a young chain of health clinics, and may be looking to acquire another. CVS CVS, -0.12% invested $100 million in a Carbon Health Inc., a San Francisco-based chain of u...