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ENERGY COSTS INCREASE
Philadelphia installed white roofs on about 340 low-income seniors’ homes from 2001–2003; ceiling temperatures fell 4–5°F, and air-conditioning electricity use fell by 560 kWh per yearIn Philadelphia, the initiative to paint roofs white resulted in a remarkable decrease in home temperatures and energy consumption. This co...
US producer inflation tops expectations as diesel costs jumpUS wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month ...
US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climbWholesale inflation increased in August after cooling earlier this summer. Higher oil and gas prices, driven by Middle East conflict, are k...
BRICS Summit in New Delhi: The grand finale is India's moment to navigate a bigger, and more divided blocIndia hosts the BRICS summit, aiming to unify the expanded group. The enlarged bloc now includes major energy producers and consumers, fost...
Global Market: ECB seen raising rates as Iran war fuels inflation fearsThe European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel f...
In 2015, AP+I Design helped transform a 1,328.5-square-meter dark office into a bright workspace. 11 years later, it remains Mountain View's first commercial zero-energy buildingIn 2015, AP+I Design gave a dark 1,328.5-square-meter office in Mountain View a completely new life. The designers brought in light, openne...
US stocks today: US stocks slide as oil tops $100, stoking fresh inflation fearsUS stocks slipped as Brent crude climbed above $100 a barrel amid escalating US-Iran tensions and disruptions to oil shipments through the ...
$100 crude shock: Oil cos lose Rs 5/litre on petrol, Rs 23 on diesel as pump prices stay frozenState-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD ...
Global Market: European markets fall as Middle East tensions push oil prices higherEuropean markets declined as investors awaited crucial US inflation stats, while escalating Middle East tensions propelled oil prices upwar...
Chicago planted a 20,300-square-foot green roof on City Hall; EPA says its surface can be about 100°F cooler than nearby conventional roofs and saves nearly $5,000 in energy each yearChicago's City Hall green roof demonstrates substantial cooling and energy savings. This innovative rooftop garden reduces surface temperat...
AT&T painted two Nevada telecom roofs white; roof surfaces cooled 35–40°F, reached 12°F below outdoor air, and two buildings saved about 0.5 kWh of electricity a dayA study explored how white roofs reduced energy costs for AT&T communication buildings. Researchers observed significant roof surface tempe...
India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
Silver Sands Middle School replaced gray shingles with reflective white metal; plenum temperature fell by over 25°F, and cooling energy in Portable 096 dropped by over 33%A recent study revealed that dark roofs on portable classrooms led to increased cooling costs. By switching to white metal roofing, energy ...
A Fresno home replaced dark asphalt shingles with reflective concrete roof tiles; a Lawrence Berkeley study reported 26% lower annual cooling energy use and 37% lower peak-hour demandA recent study in Fresno demonstrated that reflective roofs could lower cooling energy consumption by an impressive twenty-six percent. Hom...
Tech companies look to Argentina's windswept Patagonia to build massive data centersAs tech giants known as hyperscalers race worldwide to build server farms and run into roadblocks amid anti-data-center campaigns, projects...
ECB rate decision: Five key questions for markets as energy prices fuel inflation fearsThe European Central Bank is widely expected to raise its deposit rate by 25 basis points to 2.5% on Thursday as surging energy prices push...
ETMarkets Management Talk | AI and data centres are powering CleanMax's next growth engine; 42% of portfolio now comes from the segment, says Kuldeep JainIn an interaction with Kshitij Anand of ETMarkets, Kuldeep Jain, Founder and Managing Director of CleanMax, says the rapid expansion of hyp...
US diesel prices hit a record high, pushing up transportation costs for a long list of goodsDiesel prices soared to unprecedented levels in the United States on Friday, primarily due to the six-month conflict involving Iran. This r...
US Market: J.P. Morgan, BNP Paribas expect ECB rate hike in December as inflation risks persistJ.P. Morgan and BNP Paribas now expect the European Central Bank to deliver another 25-basis-point rate hike in December, reversing their e...
Beyond the fuel bill: Why MSMEs and businesses need to rethink energy resilienceAs geopolitical uncertainty and energy price volatility reshape business priorities, Aditi Bhosale Walunj explains why companies, particula...