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Russia stops the flow of gas to Europe

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Russia has paused its gas supplies following a maintenance check on its last remaining compressor

Russia’s Nord Stream 1 gas pipeline is undergoing repairs for the next three days.

This means no gas will flow into Germany, and other European nations who are heavily reliant on the state-run system.

The gas is administered by the energy giant Gazprom, which has already reduced its streaming capacity down to 20 per cent.

The company blaming maintenance and western sanctions for the sluggish performance.

“We need a new market model for electricity that really functions and brings us back into balance.”

URSULA VON DER LEYEN, EUROPEAN COMMISSION

Russia has cut off entire gas supplies to several European countries like Finland, Denmark, Poland and the Netherlands.

The President of the European Commission, Ursula Von Der Leyen says the continent is shifting to a renewables powerhouse.

It follows the French Energy Minister Transition Minister, Agnes Pannier-Runacher accusing Russia of “using gas as a weapon of war”.

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Leaders

Trump & Biden prepare for the earliest debate in modern U.S. history

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The first debate of the year between President Joe Biden and former president Donald Trump will take place this week in Atlanta.

This debate marks a milestone as the earliest presidential debate in modern U.S. history, and will prove to be a critical event for both candidates.

Joe Biden and Donald Trump are neck-and-neck in national opinion polls, with a considerable slice of the electorate still undecided five months before the Nov. 5 vote. #featured #trending

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Ferrari’s debut high-performance electric vehicle will be priced above $500,000

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Ferrari has unveiled details about its inaugural electric car, slated to be priced upwards of $500,000, as first reported by Reuters.

This announcement comes amidst growing global interest and competition in electric vehicles, with Ferrari aiming to blend its iconic design prowess with sustainable technology.

The Italian automaker, renowned for its high-performance sports cars, is expected to maintain its commitment to superior craftsmanship and engineering excellence in its electric offering.

Following the EV announcement, Ferrari also confirmed plans to establish a new manufacturing plant aimed at enhancing production flexibility and significantly reducing car development times.

Mike Costello from Cox Automotive joins to discuss the latest in EVs. #featured #trending

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Commercial real estate targeted for producing 40% of global emissions

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Commercial real estate contributes significantly to global emissions, with reports suggesting it makes up to 40% of the total – so is there a solution in sight?

Global strategies are setting out to transform this impact by promoting the development of sustainable buildings.

As climate change continues to be a pressing global issue, the commercial real estate sector must pivot towards more eco-friendly solutions.

One of the most impactful actions that can be taken to mitigate the environmental impact of commercial real estate is the implementation of building automation systems.

Louise Monger, Vice President, Digital Buildings of Schneider Electric, joins to share her key insights into the issue. #featured

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