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As expected, a volcano located on Iceland’s Reykjanes peninsula has erupted, sending geysers of molten lava blasting as high as 330 feet in the air.

Following a series of earthquake tremors reported there in recent months, the volcano has finally broken open as many speculated it would, creating issues for the nearby town of Grindavk as well as the nearby Svartsengi geothermal power plant and Blue Lagoon Hot Springs tourist attraction.

“We are looking at a worst-case scenario,” commented Icelandic volcanologist Thorvaldur Thordarson. “The eruption appears big, and only about two kilometers from major infrastructure.”

Two kilometers is the rough equivalent of around 1.24 miles, which is nothing when dealing with a volcano erupting at this magnitude and force.

Thousands of earthquakes have occurred in and around the volcano and its fissures in recent months. Many people had to evacuate their homes and roads were damaged as a result of all the shaking.

The situation has so deteriorated that Icelandic authorities have declared a state of emergency in Grindavk, the closest sizable town to the eruption and home to more than 3,000 people.

(Related: The crop failures being reported around the world are not happening because of global warming, but rather because of volcanic sulfur dioxide, according to David DuByne.) Iceland’s most populated corner, including capital Reykjavik, facing eruption threat

Grindavk was evacuated on November 11, according to reports, as authorities announced that the country of Iceland was “highly prepared for such events.” What Iceland may not be as prepared for is the location of this particular eruption, which is occurring in “Iceland’s most populated corner and home to its capital,” to quote one media source.

“Iceland has one of the world’s most effective volcanic preparedness measures,” reads a local website about the matter.

As volcanic ash continues to spew into the sky, creating additional threats for other nearby towns and cities, including the capital city of Reykjavik, authorities have raised the aviation alert to orange in anticipation of aircraft flying in the North Atlantic and encountering spewing ash.

Some will remember the eruption of Iceland’s Eyjafjallajokull volcano back in 2010 that left an ash cloud over much of Europe for an entire week, stopping air travel. Prior to that eruption, Eyjafjallajokull was dormant for nearly two centuries.

There are around 130 volcanoes in Iceland, which is home to about 400,000 people. Since the 19th century, not a single decade has gone by in which there was not a volcanic eruption, meaning they are common and “entirely random,” according to Iceland’s tourism website.

“Iceland also has extremely tough immigration laws, has no diversity enrichment, and is extremely safe with low crime,” one commenter noted about Iceland.

“That solar storm rang the earth like a bell two days ago,” wrote another about what might have finally triggered the volcano to erupt. “It’s not random.”

“Volcanic ash may well cool the earth,” wrote another. “Manmade ‘climate change’ is a myth.”

Someone else pointed out that the amount of ash and toxic gas emitted from this latest volcanic eruption will be a whole lot more damaging to the environment than many decades’ worth of human industrial activity.

“There go the carbon net zero targets for the next 10 years,” one said.

“What are they going to do with all that CO2?” asked another, referring to the carbon dioxide the volcano is releasing. “Who are they going to tax?”

“One volcano emits more carbon than all of mankind combined over a hundred years,” suggested another. “That is one of those inconvenient truths that Al Gore never mentions.”

If you enjoyed reading this story, you will find more like it at Environ.news.

Sources for this article include:

ZeroHedge.com

NaturalNews.com
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Technology

Texas Instruments’ stock falls on weak forecast

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Texas Instruments' stock falls on weak forecast

The Texas Instruments headquarters in Dallas, Texas, on Jan. 21, 2024.

N. Johnson | Bloomberg | Getty Images

Texas Instruments reported second-quarter results on Tuesday that beat analysts’ expectations for revenue and earnings. But the stock fell in extended trading due to a third-quarter forecast that missed estimates.

Here’s how the chipmaker did versus LSEG consensus estimates:

  • Earnings per share: $1.41 vs. $1.35 expected
  • Revenue: $4.45 billion vs. $4.36 billion expected

Texas Instruments said it expects current-quarter earnings between $1.36 and $1.60 per share, while analysts were looking for $1.50 per share. The company forecast revenue of $4.45 billion to $4.8 billion, for a midpoint of $4.625 billion. Analysts were expecting revenue of $4.59 billion.

Revenue increased 16% in the second quarter from $3.82 billion in the same period a year earlier. Sales in the company’s analog chip business, its largest, rose 18% to $3.5 billion, surpassing the StreetAccount estimate of $3.39 billion for the segment.

Net income rose 15% to $1.3 billion, or $1.41 per share, from $1.13 billion, or $1.22 per share, a year ago.

Texas Instruments is a key supplier of legacy semiconductors for automotive and industrial uses.

As of Tuesday’s close, Texas Instruments shares were up 15% for the year on broader market optimism for chips. In June, the company said it would spend $60 billion to expand chipmaking factories in Texas and Utah, a move that was praised by the Trump administration in its push to bring more technology manufacturing to the U.S.

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Environment

This $900 million solar farm in Texas is going 100% to data centers

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This 0 million solar farm in Texas is going 100% to data centers

Enbridge is going big on solar again in Texas, and Meta is snapping up all the solar power it can get.

Last month, Electrek reported that the Canadian oil and gas pipeline giant just launched its first solar farm in Texas. Now it’s given the green light to Clear Fork, a 600 megawatt (MW) utility-scale solar farm already under construction near San Antonio. The project is expected to come online in summer 2027.

Once it’s up and running, every bit of Clear Fork’s electricity will go to Meta Platforms under a long-term contract. Meta will use the solar power to help run its energy-hungry data centers entirely on clean energy.

The solar farm project’s cost is around $900 million. Enbridge says it expects Clear Fork to boost the company’s cash flow and earnings starting in 2027.

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Enbridge EVP Matthew Akman said the project reflects “growing demand for renewable power across North America from blue-chip companies involved in technology and data center operations.”

Meta’s head of global energy, Urvi Parekh, added that the company is “thrilled to partner with Enbridge to bring new renewable energy to Texas and help support our operations with 100% clean energy.”

Meta’s first multi-gigawatt data center, Prometheus, is expected to come online in 2026.

Clear Fork is part of a growing trend: tech giants like Meta, Amazon, and Google are racing to lock down renewable energy contracts as they expand their fleets of AI-ready data centers, which use massive amounts of electricity.


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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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Technology

Trump met with Amazon’s Jeff Bezos at the White House last week, sources say

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Trump met with Amazon's Jeff Bezos at the White House last week, sources say

Jeff Bezos, founder and executive chairman of Amazon, takes the stage during The New York Times’ annual DealBook Summit, at Jazz at Lincoln Center in New York City on Dec. 4, 2024.

Michael M. Santiago | Getty Images

President Donald Trump met with Amazon founder Jeff Bezos at the White House last week, CNBC has learned.

The meeting between Trump and Bezos, one of the world’s richest men, lasted for more than an hour, according to two people familiar with the matter who asked not to be named because the conversation was private.

Amazon declined to comment on the meeting. A spokesperson for Bezos didn’t immediately respond to a request for comment.

The nature and exact timing of the visit couldn’t be learned.

A Gulfstream G700 private jet linked to Bezos landed in Dulles, Virginia, outside Washington, on July 14 before taking off the next day, according to Jack Sweeney, a programmer who tracks flight data from jets owned by Elon Musk, Bill Gates and others.

Bezos, who also owns rocket company Blue Origin, has cozied up to Trump during his second term in the White House. Trump frequently hurled insults at Bezos during his first term, largely because of the Amazon founder’s ownership of The Washington Post.

Read more CNBC Amazon coverage

Bezos joined a swath of tech CEOs on stage at Trump’s inauguration in January after donating $1 million to his inaugural fund.

The Trump administration praised Bezos for his decision to revamp the Post’s editorial pages to focus on “personal liberties and free markets.”

In April, Trump said Bezos, who stepped down as Amazon’s CEO in 2021, was “terrific” and “a good guy” after the billionaire assured Trump that the e-commerce giant had no plans to display tariff-related surcharges on its website.

More recently, Bezos has reportedly sought to capitalize on the dramatic falling-out between Trump and Musk, who spent more than $250 million to help Trump win a second White House term and previously led the government-slashing initiative called the Department of Government Efficiency.

Bezos competes with Musk, who is the CEO of SpaceX, through Blue Origin and Project Kuiper, Amazon’s low-Earth orbit satellite internet venture.

After Trump and Musk’s relationship soured, Bezos spoke with Trump on several occasions, while Blue Origin CEO Dave Limp traveled to the White House, The Wall Street Journal reported, citing people familiar with the matter.

The conversations centered in part on government contracts, according to the Journal.

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