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Karen Bass and Gavin Newsom warned about dragging heels on wildfire docs: ‘We’re going to get them’

NY Post
1 month ago
Sen. Rick Scott says Bass and Newsom must answer for delays in turning over Palisades Fire investigation documents.
Zain Khan

Reed Garrett tells The Post how elbow feels ‘13 again’ as Mets injury rehab takes next step

NY Post
1 month ago
Reed Garrett woke up last Saturday with jitters. 
Mike Puma

Meta continues to run ads promoting child sexual abuse material in India - report

BBC Tech
1 month ago
The report follows a BBC Eye investigation that found Instagram running paid ads promoting such material in India.

Trump bans import of Canadian alcohol, dairy and motorcycles as trade war intensifies

NY Post
1 month ago
“Canada set this precedent of banning things,” a Trump admin official said, adding that the alcohol import ban and other restrictions will take effect in about three weeks.
Steven Nelson

Billionaire bashing is latest eyerolling trend by holier-than-thou A-listers — who are millionaires themselves

NY Post
1 month ago
One can assume Lewis Hamilton, who dates billionaire Kim Kardashian, gave her a good talking to when they started hanging out.
Kirsten Fleming

‘Harsh’ Lindsay Clancy prosecution backfired, instead proving she was good mom who ‘snapped’: jurors

NY Post
1 month ago
The prosecution in the Lindsay Clancy triple-murder trial were "harsh" and lacked "compassion," three jurors from the 12-person panel told NBC10 Boston.
Ella Morrison

Tooley Oil is selling its NorCal convenience stores and car washes

NY Post
1 month ago
A beloved brand that has been serving Northern California customers for nearly 50 years is now getting out of the petroleum and convenience retail business.
Brian Gallagher

Frances Tiafoe’s epic rally from brink ends Alex Michelsen’s US Open upset bid to reach semifinals

NY Post
1 month ago
Tiafoe advances to the semifinals to face the Carlos Alcaraz-Ben Shelton winner.
Christian Arnold

Mamdani is twisting the law to socialist limits — and you’re his next target

NY Post
1 month ago
Businesses large and small should take a close look at the mayor’s anti-landlord agenda, because a similar playbook is being prepped for them.
Betsy McCaughey

Lori Loughlin focusing on career comeback after Mossimo Giannulli divorce: ‘She’s thrilled’

NY Post
1 month ago
The Hallmark Channel star filed for divorce on Sept. 4.
mliss1578

Lori Loughlin focusing on career comeback after Mossimo Giannulli divorce: ‘She’s thrilled’

NY Post
1 month ago
The Hallmark Channel star filed for divorce on Sept. 4.
Lanae Brody

China Halts New Battery Storage Plant Approvals

Zero Rss
1 month ago
China Halts New Battery Storage Plant Approvals

By Tsvetana Paraskova of OilPrice.com

China has paused approvals for new battery storage factories amid a review of existing and planned capacity, Chinese financial news outlet Cailianshe reported this weekend, citing industry sources.

The temporary suspension of approvals of plants that have not started construction yet comes amid growing concerns about overcapacity in the sector in the world’s biggest manufacturer of batteries for energy storage.

China is the world’s biggest market for electric vehicles and a top player in battery storage as well. But just like electric vehicles (EVs) and solar panels, these energy transition-linked industries have enjoyed years of generous subsidies that have allowed them to grow without any consideration of overcapacity and its consequences. The Chinese government has already had to clamp down on EVs and solar panels, and now, it seems, it’s the turn of batteries.

In addition, Chinese solar equipment manufacturers have diversified into battery storage to tackle a chronic oversupply in the panel and equipment market that has crashed many sector players’ bottom lines.

The surge in EVs and solar and wind power installations has resulted in excessive manufacturing capacity in these key non-hydrocarbon energy industries, igniting price wars that have hurt most companies in the sector, including the biggest solar panel manufacturers. Chinese authorities realized last year that cutthroat competition, overcapacity, and low-quality manufacturing are hurting enterprises.

The battery storage boom in China is now threatening this industry, too, and China’s authorities have started to take measures to curb unrestrained growth.

In July, China’s Ministry of Finance, the General Administration of Customs, and the State Taxation Administration announced that China would launch consumption taxes on batteries effective September 1, 2026.

Mercury-free primary batteries, nickel-metal hydride batteries, lithium primary batteries, lithium-ion batteries, and all-vanadium redox flow batteries will be taxed at 2% from September 2026 and at 4% from September 2027. Photovoltaic cells will face a 2% tax from April 2027 and 4% from April 2028.

China exempted new-technology batteries from the tax until December 2028. These include sodium-ion batteries, solid-state batteries, fuel cells, and advanced photovoltaic types such as perovskite, tandem and gallium arsenide cells.

Tyler Durden Tue, 09/08/2026 - 19:15
Tyler Durden

Walking in LA? Yes, and here’s why it’s magical

NY Post
1 month ago
These walks reveal a city that is less lonely, less remote and far more generous than its reputation.
Adelle Nazarian

‘Wheel of Fortune’ reveals major change to show days after axing announcer Jim Thornton over pedophilia chatroom scandal

NY Post
1 month ago
Thornton was fired from the show following what a Sony Pictures Television spokesperson called a "thorough investigation."
mliss1578

‘Wheel of Fortune’ reveals major change to show days after axing announcer Jim Thornton over pedophilia chatroom scandal

NY Post
1 month ago
Thornton was fired from the show following what a Sony Pictures Television spokesperson called a "thorough investigation."
Audrey Rock

At least 4 shot across NYC – including man killed, woman struck by stray bullet – in flare-up of overnight violence: cops, sources

NY Post
1 month ago
A 65-year-old woman believed to be an innocent bystander was blasted in the leg around 11 p.m. on University Avenue near Merriam Avenue in the Highbridge neighborhood, cops and sources said.
Joe Marino, Larry Celona, Amanda Woods

Roughly 70 Americans still unaccounted for weeks after devastating Nepal floods

NY Post
1 month ago
The updated tally is down from last week, when 75 Americans were unaccounted for.
Fox News

Mamdani’s taxpayer-funded push to aid unions flies in the face of his ‘affordability’ agenda

NY Post
1 month ago
New York pols have long sucked up to local unions, but Mayor Zohran Mamdani is taking it to a new level.
Post Editorial Board

Should promotion depend on how workers use AI?

BBC Tech
1 month ago
More companies are tying career progression to AI use: is that fair?

Penn State cocaine scandal ‘Godfather’ was ‘loudmouth’ troublemaker at strict $19K private Catholic school: sources

NY Post
1 month ago
“I could always see him getting in some kind of trouble because he was always on the edge,” a classmate told The Post.
Kamal Sultan

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News feeds

  • Is America Winning The AI Race?
  • "Interplanetary Shockwave" Detected?
  • Paramount-Warner Reveals The Extent Of California's Control
  • Houthi Missile Attack On Busy Terminal At Riyadh Airport Kills 12, Injures 309
  • High School Wrestler Asks Supreme Court To Allow Her To Avoid Competing With Boys
  • Chinese Workers Return From Holiday To Find Factories Emptied, Owners Gone
  • Ukraine's Drones Reach Russia's Arctic "Gas Capital"; Is Nornickel's Palladium Next?
  • Trump Says "Time For Ukraine To Get A New Leader" After Zelensky Ignored Six Pleas To Stop Refinery Strikes
  • Moraes Orders Eduardo Bolsonaro Jailed For Lobbying Washington On Sanctions As His Brother Heads Into Brazil Runoff
  • Some Safety Protections In ChatGPT For Teens Don't Work, Watchdog Finds
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