Rising Mortgage Defaults: A Continuing Trend

Rising Mortgage Defaults: A Continuing Trend

Mortgage defaults are beginning to appear in the market, according to a broker. This indicates that the trend of increasing mortgage defaults is continuing. Mortgage Default Trends Mortgage defaults have been on the rise in recent years, with an estimated 8.5 million mortgages in default as of 2019. This is a significant increase from the …

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LA City Council Votes 2 to 1 in Favor of $800 Million Plan to Shift Scattergood Power Generating Station to Green Hydrogen

LA City Council Votes 2 to 1 in Favor of $800 Million Plan to Shift Scattergood Power Generating Station to Green Hydrogen

The Los Angeles City Council’s Energy, Climate Change, Environmental Justice and River Committee voted 2 to 1 in favor of a $800 million plan that would shift the Scattergood Power Generating Station in Playa Del Rey to green hydrogen. Paul Krekorian, the LA City Council President and member of the Energy Committee, said that this …

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Creating a Secure Supply of Liquid Hydrogen: The Maritime Industry’s Challenge

Creating a Secure Supply of Liquid Hydrogen: The Maritime Industry’s Challenge

We need to create a similar regime for hydrogen,” he said. Peter Wells, CEO of LH2 Europe, noted that liquid hydrogen is the cheapest option for storing and transporting hydrogen. He also emphasized that the leading challenge in developing hydrogen projects is bankability and financeability, as well as regulations and regimes which ensure security of …

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Rising Mortgage Defaults: A Growing Trend in the Market

Rising Mortgage Defaults: A Growing Trend in the Market

Mortgage defaults are beginning to occur in the market, according to a broker. This trend is expected to continue. Mortgage Default Trend Recent reports show that mortgage defaults are on the rise. According to the Mortgage Bankers Association, the delinquency rate for mortgages in the United States rose from 4.5% in April 2020 to 5.2% …

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Fortescue Future Industries to Invest Billions in Green Hydrogen Production in Egypt

Fortescue Future Industries to Invest Billions in Green Hydrogen Production in Egypt

Fortescue Future Industries plans to start producing green hydrogen in Egypt in early 2027 with the Egyptian government having a potential 25% share of the project. The project includes renewable energy stations with a capacity of 7,600 megawatts and is expected to cost several billion dollars. It is planned to produce 330 kilotons annually of …

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Canada Experiences Shortage of Children’s Tylenol: Supply Chain Issues to Blame

Canada Experiences Shortage of Children’s Tylenol: Supply Chain Issues to Blame

Canada recently experienced a shortage of children’s Tylenol due to a manufacturing issue at its plant in Guelph, Ontario. The shortage was caused by the plant’s inability to keep up with demand, as well as supply chain issues and a lack of raw materials. As a result, pharmacies across Canada were unable to provide the …

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Harnessing Renewable Energy with Clean Hydrogen Production in WA

Harnessing Renewable Energy with Clean Hydrogen Production in WA

cooktops, electric heat pumps – and then make the electricity from renewables.Hydrogen is a niche solution for now, but it will be needed in the future to store renewable energy when the sun isn’t shining or the wind not blowing.WA is gearing up to take advantage of the potential for clean hydrogen production, with Woodside, …

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WA’s Green Berets: Securing the Future with Hydrogen, Wind and Solar Energy, and Iron Ore

WA’s Green Berets: Securing the Future with Hydrogen, Wind and Solar Energy, and Iron Ore

. . WA is gearing up to take advantage of the opportunities for hydrogen, wind and solar energy, and iron ore by creating a new form of land tenure which will allow companies to secure exclusive rights to an area of up to 12,000 square kilometres for up to four years. A 37-strong team called …

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Exploring the Potential of Hydrogen Production in WA: A Green Revolution?

Exploring the Potential of Hydrogen Production in WA: A Green Revolution?

. . WA is capitalizing on its abundance of sun, wind, and space to explore the potential for hydrogen production. Hydrogen has negligible demand currently, but can be made in three different ways: green (splitting water into hydrogen and oxygen using renewable energy), blue (dirty method with extra equipment to capture and bury carbon dioxide …

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