Molecular Farming Potential to Be Disruptive in the Alternative Protein Landscape

Molecular farming, also known as plant-made pharmaceuticals (PMPs) or pharming, is a technology that involves using plants to produce pharmaceuticals, industrial products, and other substances. This approach has the potential to be a more sustainable and cost-effective alternative to traditional methods of producing these products, which often rely on chemical synthesis or animal-based production. In molecular farming, plants are genetically modified to produce a desired protein or other substance. These plants can then be harvested, and the desired product can … Continue reading “Molecular Farming Potential to Be Disruptive in the Alternative Protein Landscape”

Molecular Volatility in Newly Public Agritech Moolec Science Fuels 250% Price Swings

Agritech Molecular farming company Moolec Science completed a merger with a special purpose acquisition company (SPAC) on December 30, 2022. The Luxembourg company began trading Tuesday January 3, 2003 on the NASDAQ under the symbol MLEC.  Moolec Science Ltd. and LightJump Acquisition Corporation closed their business combination agreement which saw Moolec UK and LightJump become wholly owned subsidiaries of Moolec Science SA. Moolec uses genetically modified plants to produce proteins that are found in animals. The deal values Moolec at $504 … Continue reading “Molecular Volatility in Newly Public Agritech Moolec Science Fuels 250% Price Swings”

Piedmont Lithium Surges on Amended Tesla Deal for Spodumene

Piedmont Lithium amended its agreement with electric vehicle maker Tesla to deliver approximately 125,000 metric tons of spodumene concentrate (SC6) to Tesla. The deal begins in the second half of 2023 through the end of 2025 with an option to renew for an additional three years. Piedmont Lithium shares $PLL are trading higher+7.9%, with an option to renew for an additional three years. Tesla Inc. is set to pay more for the lithium after PLL amended their deal amid the … Continue reading “Piedmont Lithium Surges on Amended Tesla Deal for Spodumene”

Shell to Buy Danish Biomethane Producer in $2 Billion Deal

Shell PLC is expanding its renewable energy portfolio buying Denmark’s Nature Energy Biogas A/S it said Monday. Nature Energy is Europe’s biggest producer of biomethane from organic waste. The renewable fuel can replace conventional natural gas in heavy road and marine transport, industry and heating. Shell’s acquisition follows BP agreeing to buy U.S. biogas producer Archaea Energy Inc. for $3.3 billion plus debt, for a total of $4.1 billion six weeks ago. Chevron Corp. earlier this year paid $3.15 billion … Continue reading “Shell to Buy Danish Biomethane Producer in $2 Billion Deal”

Aerospace and Defense Companies Involved in NASA Artemis 1 Launch into Space

NASA has set a two-hour launch window on November 16 for its Artemis 1 launch from NASA’s Kennedy Space Center in Florida. Weather conditions were 90 percent favorable late Monday. The unmanned launch will be the first of NASA’s Artemis missions that seek to bring astronauts back to the moon for the first time since 1972. The goal is to establish a presence there before sending people to Mars. Major companies from the defense and space sectors are deeply involved … Continue reading “Aerospace and Defense Companies Involved in NASA Artemis 1 Launch into Space”

Northern Xplorer to Build World’s First Zero Emission Hydrogen Powered Cruise Ship

Norwegian cruise venture Northern Xplorer (NX) and Portuguese shipbuilder West Sea have signed a Letter of Intent (LoI) for the construction of the world’s first zero-emission cruise ship. The vessel’s design features ABB’s fully electric propulsion system, including battery and hydrogen fuel cell technology that will enable to it to sail emissions-free in the Norwegian fjords and further afield. West Sea sims to build the 250-passenger vessel at its facility in Viana do Costello north of Porto for expected delivery … Continue reading “Northern Xplorer to Build World’s First Zero Emission Hydrogen Powered Cruise Ship”

European Coal Prices Hit Record High

With the deepening of the energy crisis in the wake of the news from Gazprom that the Nord Stream 1 pipeline will remain closed until the West lifted sanctions by order of Vladimar Putin energy prices continue to spike higher. Europe’s benchmark coal price rose 7.6% to a record $345/ton, about three times the price of a year ago. Year-ahead futures for delivery to the Amsterdam, Rotterdam, and Antwerp region rose after Europe revived dormant coal power plants to save … Continue reading “European Coal Prices Hit Record High”

Where are the Most Expensive and Cheapest Rents in America as Rents Hit New Record in August

Rents have soared as housing affordability has been crimped by soaring inflation and a shortage of accommodation in some demographics. Over half of US cities are showing double-digit rent hikes, with some over 30%. Renters have been squeezed as real wages decline and the situation is getting more dire in many US metro areas. Last month’s CPI shelter index was up 0.5%, with the rent index up 0.7% and owners’ equivalent rent index up 0.6%. The shelter index is up 5.7% … Continue reading “Where are the Most Expensive and Cheapest Rents in America as Rents Hit New Record in August”

China Overtakes Europe as World’s Biggest LNG Importer

Chinese LNG imports in July dropped 15.4% year/year to 4.74mn metric tons, customs department data published on August 18 showed. For perspective of the significance China imported 109.5 billion cubic meters of LNG last year, 1.3 billion more than Europe. Asia has accounted for 70% of global LNG trade for the past decade, during which time China’s shares of both global LNG trade and of Asia LNG trade have more than tripled. The cumulative LNG imports in the first seven months … Continue reading “China Overtakes Europe as World’s Biggest LNG Importer”

China to Boost Domestic Coal Production to Ensure Energy Security

China, the world’s largest coal consumer and producer, announced that it would boost domestic production to ensure its energy security. Newcastle thermal coal futures fell more than $US70 a tonne to $US335 a tonne on Friday night for the October ICE contract. China has been hard by its ill-thought-out trade war with Australia which put them behind the queue as record prices for top quality Australian hard coking coal were set regularly in June the price hit $US430 (AUD$595) a … Continue reading “China to Boost Domestic Coal Production to Ensure Energy Security”