As the global energy landscape evolves, investors must assess the stability of traditional fossil fuels against the growth potential of renewable energy and advanced nuclear technologies. Some experts highlight a rising global backlash against renewables, as increasing evidence in Europe and elsewhere raises questions about long-term profitability and sustainability without government largesse. Others argue that addressing climate change is non-negotiable, making renewables a safe investment. This article also reflects the expected revival of the nuclear industry.
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This past week, Volkswagen Group brand Audi confirmed an end to the development of new combustion engines, as well as an overarching strategy to give the company an edge in the fierce battle for electric vehicle (EV) marketshare. The future for automakers is all about batteries: lowering costs, improving performance, and increasing production capacity.
General Motors (NYSE:GM) announced Monday that it would be closing down five of its facilities across the United States, ceasing the production of six of its sedan brands, including the Buick LaCrosse, Cadillac CT6, XTS, Chevrolet Cruze, Impala, and hybrid-electric Volt. GM will also lay off some 15,000 workers. The car manufacturer claims that through these cost reductions, it will achieve $6 billion in savings by the end of 2020.
With North Korea wreaking havoc by testing nuclear weapons and missiles, and with Iranian nuclear program becoming once again the focus of U.S. foreign policy, Washington is searching for solutions to both crises. It is important to keep in mind that there are alternative, safer nuclear energy policies.
TRUMP'S DIPLOMACY PROBABLY PUSHED CHINA TO START TALKS WITH NORTH KOREA, EXPERTS SAY
Newsweek1
1/15/2017
By: Cristina Maza
China will soon send a senior diplomat to visit North Korea for the first time in two years, indicating that President Donald Trump's recent pressure on Beijing to tackle Kim Jong Un's regime and its nuclear program might finally be working, experts say.
60 Minutes (60 Минут)Russia (Россия 1)
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