Bloomberg Business of Sports lets you follow the money in the world of sports, reporting on trades, salaries, endorsements, contracts and collective bargaining. The show takes listeners inside the business end of the sports world, and explains what it means to fans and their pocketbooks.
If a green pivot is to happen, power grids must become “supergrids,” continent-spanning networks that can move green energy thousands of miles. The technology is here, but politics may stand in the way.
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Motorcycle taxis queue for fuel at a gas station in Nairobi on April 4.
David Herbling
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Kenya agreed to compensate oil marketers for selling fuel they imported at rates higher than what’s reflected in the retail cap, a bid to end a supply shortage in the country.
Retailers will now be subsidized to sell gasoline and diesel from cargoes that arrived after the March 15 monthly pricing window, Energy and Petroleum Regulatory Authority’s director-general, Daniel Kiptoo, said by phone on Wednesday. The price of oil has sky-rocketed in part due to the war in Ukraine.