Vestas Wind Systems A/S said scaling back Australia’s renewable energy target would cut the value of more than A$10 billion ($9.4 billion) in large projects across the industry and discourage international investors.

The U.K. Green Investment Bank aims to boost the capital it commits to carbon-cutting projects to 700 million pounds ($1.2 billion) this year as it chases deals in offshore wind, waste and energy efficiency.

U.S. President Barack Obama says natural gas can be a bridge from coal to a cleaner energy future. Investors are showing it’s more likely a bridge to nowhere.

Meeting the world’s energy supply needs by 2035 will require $40 trillion of investment, as demand grows and production and processing facilities have to be replaced, the International Energy Agency said.

Investments in new clean-energy capacity will total $1.61 trillion through 2020 even as the expansion of renewables is expected to slow, the International Energy Agency said.

When the world’s largest working advanced digestion plant opened last month, it showed the power- hungry process of treating waste in the $360 billion water industry can be self-sufficient in terms of energy use.

Extracting energy from “processed poo” to help power homes in the Birmingham area is what Severn Trent Plc, Britain’s second-largest publicly traded water company, is now doing to generate a cost-saving renewable gas.

Fossil fuels are reaping $550 billion a year in subsidies and holding back investment in cleaner forms of energy, the International Energy Agency said.

Clean energy investment rose for the first time in three years in 2014, overcoming a slump in oil prices that unsettled the outlook for the industry.

Clean energy investments in India increased to $7.9 billion last year and are expected to surpass $10 billion in 2015.

California’s bet on green energy is paying off, with clean technology companies creating more jobs and investing more money than competitors in any other state.

Yale University police cited 19 students after they staged a sit-in outside President Peter Salovey’s office to push for divestment from fossil-fuel companies.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

Check here each week to keep up with the latest from John MacArthur's pulpit at Grace Community Church.

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...

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The UK government announced at the March Budget that they intend to introduce a requirement for large businesses to notify HMRC where they adopt an “uncertain tax treatment”.  The proposal is designed to improve HMRC’s ability...

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Union representing more than 240 000 public sector employees also cited concerns regarding flouting of Covid-19 regulations

'Premature reopening of schools is not permitted as department is still finalising Covid-19 compliance protocols

Hyundai Merchant Marine is pushing forward with a plan to attract an investment of up to 1 trillion won from BlackRock, the world's largest asset management firm. According to investment banking industry and shipping industry sources on August 20, the company is currently in talks with BlackRock to bring in an investment of 600 billion won to 1 trillion won. The investment will be made in the form of BlackRock taking part in a capital increase by Hyundai. Once the deal is successful, the equi...

The Thailand unit of Samsung Life, which has continued its presence in the Southeast Asian country even after most Korean financial service firms had withdrawn, turned to the black for the first time in 20 years. Samsung Life said on August 22 that Samsung Life Thailand's net profit for the second quarter was 340 million won. Given the Thai subsidiary is doing quite well in the third quarter, it is expected to post a positive net profit for the whole year. Back in 1997 Samsung Life establishe...

Georgia summoned its ambassador to Ukraine back to Tbilisi in a sign of its displeasure over Kyiv’s decision to name Mikheil Saakashvili to a government reform body. 

The top members of the U.S. House Foreign Affairs Committee say an increase in violence in Afghanistan has raised questions about the Taliban’s commitment to an agreement it signed with the United States in February.

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“Considering the reproach of Christ greater riches than the treasures of Egypt . . .” (Hebrews 11:26).

Trials can show that material things are inadequate to meet our deepest needs.

We rely every day on material possessions—cars, computers, pagers, telephones, microwaves, radios, and TVs. These familiar conveniences make us feel as though it’s quite a hardship to cope without them. Therefore it’s difficult to avoid the pitfall Jesus warned about in Matthew 6:24, “No one can serve two masters; for either he will hate the one and love the other, or he will hold to one and despise the other. You cannot serve God and mammon [riches].”

Materialism can exert such a powerful influence on us as believers that the Lord will sometimes subject us to trials just so He can remove us from the grip of the world’s devices and riches. Various trials and sufferings will almost invariably reveal how inadequate our possessions are to meet our deepest needs or provide genuine relief from the pains and stresses of life. And this realization ought to become more and more true of you as you grow in the Christian life. I have observed that mature believers, as time goes by, become less and less attached to the temporal items they’ve accumulated. Such stuff, along with life’s fleeting experiences, simply fades in importance as you draw closer to the Lord.

Moses is a wonderful example of someone who learned through trials these important lessons about materialism (Heb. 11:24-26). He spent forty years in Pharaoh’s household and was brought up to be an Egyptian prince. But he was willing to leave a position of prestige and power so he could experience something of the sufferings of his fellow Israelites, who were living as slaves in Egypt. God in effect made Moses a participant in Israel’s trials, content to rely on Him, not on the comforts and advantages of materialism: “By faith he left Egypt, not fearing the wrath of the king: for he endured, as seeing Him who is unseen” (Heb. 11:27).

The Lord might need to get our attention in similar fashion, so that we learn one of the key lessons from life’s trials: to rely on His unlimited spiritual wealth, not on our finite and fading material possessions.

Suggestions for Prayer

Ask the Lord to make you more willing to rely on His strength and less willing to lean on material things.

For Further Study

Read 1 Timothy 6:6-11. According to Paul, what does contentment involve?

From Strength for Today by John MacArthur Copyright © 1997. Used by permission of Crossway Books, a division of Good News Publishers, Wheaton, IL 60187, www.crossway.com.

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