Authored by Tom Ozimek via The Epoch Times,
Skyrocketing lumber prices that have tripled over the past 12 months have driven the price of an average new single-family home to rise by $35,872, according to new analysis by the National Association of Home Builders (NAHB), with the price spike threatening to hobble the momentum of the U.S. housing market, one of the bright stars of the recovery from the pandemic recession.
While homebuilder sentiment remains optimistic, as indicated by the NAHB Housing Market index, headwinds due to rising building costs have pulled the index down fr .
Three weeks ago, just before the start of Q1 earnings season we said Q1 Earnings Will Be Stellar, But Are Fully Priced-In noting that the past quarter is already fully priced in - and expected to be spectacular - which is why actual earnings may only disappoint.
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GLOBAL DEVELOPMENT - Imperial will focus its world-leading scientific expertise on some of the most pressing global challenges through a new Global Development Hub.
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UN Deputy Secretary-General launches new Global Development Hub at Imperial
Imperial will focus its world-leading scientific expertise on some of the most pressing global challenges through a new Global Development Hub.
The Global Development Hub – launched on 29 April 2021 by Amina J. Mohammed, Deputy Secretary-General of the United Nations – aims to maximise the impact of Imperial’s world-leading research, education and innovation to help the world plan for the challenges society will face over the next 50 years.
It will convene Imperial researchers, academic partners, policymakers, NGOs and industry collaborators to accelerate society towards a more resilient, sustainable future and engage with the United Nations Sustainable Agenda 2030.
Alberta urged to remove hurdles to turning dormant oil wells into major opportunity
Repurposing dormant oil and gas sites in Alberta for use in alternative energy could be a major economic opportunity, according to a new report.
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Report says unused oil and gas sites could play role in alternative energy development across the province
Posted: Apr 26, 2021 6:00 AM MT | Last Updated: April 26
There are 2,600 orphan and inactive wells in Alberta. These unused sites could be turned into geothermal, hydrogen or lithium recovery projects if regulatory roadblocks are removed, says a report prepared by the Energy Futures Lab and the Canada West Foundation.(Kyle Bakx/CBC)