What Labour’s Victory Means For UK Oil & Gas | ZeroHedge

Authored by Irina Slav via OilPrice.com,

  • Labour's proposed policies aim to accelerate the UK's energy transition while relying heavily on the taxation of oil and gas profits to fund these initiatives.

  • Potential tax increases and a phase-out of new oil and gas drilling licenses could discourage investment and lead to a decline in the UK's energy sector.

  • Labour's plans could have broader implications for the country's overall economy and its (more…)

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EV Boosters Cannot Do Math | ZeroHedge

Authored by Duggan Flanakin via RealClearEnergy,

According to Electrly, the electric vehicle charging manufacturer, it takes an average of 90 kilowatt-hours of electricity to fully charge a Tesla Model Y long range all-wheel-drive vehicle, 83 kWh for the Model Y performance version, and 67 kWh for the standard range Model Y. 

Each Tesla uses between 0.24 to 0.30 kWh per mile, or about 4,500 kWh over a year for 15,000 miles of driving. Other electric vehicles use more or (more…)

Continue ReadingEV Boosters Cannot Do Math | ZeroHedge