Poor
fuel hedging bets and fierce competition from mainland Chinese and Middle Eastern rivals has hurt Cathay, pushing it into losses for the past two years and forcing the airline to undertake a three - year turnaround programme.
Not exact matches
Canada may be known as an old - guard, fossil -
fuel powerhouse, but over the past few years it quietly has been
hedging its
bets.
In the aftermath of Hurricane Harvey, which knocked off more than 20 percent of U.S. refinery capacity in the peak of refinery shutdowns,
hedge funds are
betting on a rise in
fuel prices and have boosted their net long positions on U.S. gasoline and diesel to highs not seen for years.
Wall Street makes $ 9 bln helping pension funds lend stocks to
fuel hedge - fund
bets.
Mazda isn't
hedging its
bets on electric power just yet, believing that until the worldwide electrical grid is predominantly powered by renewable energy, an electric vehicle's tailpipe emissions are too far offset by the dirtiness and high CO2 values of the fossil -
fuelled coal, oil, and gas power plants that supply their electricity.
Here's the reaction from Burton Richter, who is an emeritus professor of physics at Stanford University and author of a valuable book on energy, to my query about how society can best balance its research investments and
hedge its
bets in trying to move beyond fossil
fuels:
I find the global warming arguments extremely compelling, but I notice something peculiar — that we seem to forget that long before «AGW» became a common topic, we saw many causes for alarm over the downside of doing so little to
hedge our
bets about energy sources, and back then we had little concept of the potential of China, e.g., to match and raise our own carbon
fuel appetite.
While aggressively lobbying for an end to the ban on oil exports, fossil
fuel companies
hedged their
bets by contributing millions of dollars to Super PACs dedicated to a Republican majority in the Senate.
The move, which follows Nike opening Nike + to HealthKit as well as the sports company
hedges its
bets in the health wearable space, will allow Android users to integrate their
Fuel scores into an overall fitness plan.
Now, adding
fuel to the fire, while investors expected OPEC to stabilize markets, as usual, the cartel announced after its November meeting that it would not cut supply to support prices and the Saudi oil minister stated there would be no intervention in oil markets even if prices dropped to $ 20 a barrel — at which point animal spirits and
hedge funds
betting on continued oil price increases wrested control from supply / demand fundamentals.