Environment Biden Interior approves controversial Alaska oil drilling project March 13, 2023 Climate activists gather to protest with demanding President Biden stop the Willow Project by unfurling a banner on the Lafayette Square in front of the White House on January 10,…
Environment Oil CEOs are doubling down on buybacks as Biden budget seeks to quadruple tax March 8, 2023 In this article CVX OXY Follow your favorite stocksCREATE FREE ACCOUNT Occidental (long known as Occidental Petroleum) was the No. 1-performing stock in S&P 500 last year, but it didn’t…
Environment China’s energy transition sees ‘staggering’ progress on renewables — and a coal power boom March 8, 2023 China is recognized as the undisputable global leader in renewable energy expansion. Future Publishing | Future Publishing | Getty Images China is making rapid progress in scaling up clean energy,…
Environment Oil chief leading COP28 climate summit urges energy industry to ‘up its game’ to reduce emissions March 7, 2023 “Alongside all industries, the oil and gas sector needs to up its game, do more and do it faster,” Abu Dhabi National Oil Company CEO Sultan al-Jaber said during a…
Environment Oil companies hit with backlash after bringing in $200 billion in profits last year March 3, 2023 In this article TTE-FR BP.-GB CVX SHEL-GB XOM Follow your favorite stocksCREATE FREE ACCOUNT Oil companies pulled in record profits in 2022, as oil prices skyrocketed. Revenues for the biggest…
Environment Oil prices turn positive after falling by $2 a barrel on a report UAE is considering leaving OPEC March 3, 2023 The logo of the OPEC is pictured at the OPEC headquarters on October 4, 2022. Joe Klamar | Afp | Getty Images DUBAI, United Arab Emirates — International oil benchmark…
Environment Microsoft, Kimbal Musk, NBA’s Russell Westbrook invest in Brooklyn-based climate tech company BlocPower March 2, 2023 BlocPower is electrifying this Brooklyn, NY building Lisa Rizzolo | CNBC BlocPower, a Brooklyn-based climate tech company, has closed on a nearly $155 million fundraising round that will be used…
Environment FTX ex-engineering chief Nishad Singh pleads guilty to criminal charges February 28, 2023 Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Yuki Iwamura | Bloomberg | Getty Images FTX ex-engineering head…
Environment Washington moves forward with program to charge companies for greenhouse gas emissions February 28, 2023 Then-Washington State Governor and presidental candidate Jay Inslee signs five climate change bills into law that will reduce carbon emissions, decrease pollution, boost jobs and increase public health, Tuesday, May…
Environment BMW launches demonstration fleet of hydrogen cars that use fuel cells from Toyota February 27, 2023 In this article TSLA HYU-FF TM BMWB-FF Follow your favorite stocksCREATE FREE ACCOUNT This image, from September 2021, shows a BMW iX5 Hydrogen in Munich, Germany. Krisztian Bocsi | Bloomberg…
Environment Biden’s IRA is the U.S. playing ‘catch-up’ after Trump, UK minister says February 24, 2023 The U.K.’s Finance Minister Jeremy Hunt has said that the U.S. President Joe Biden’s Inflation Reduction Act is a bid to play ‘catch up’ on clean energy investment. Bloomberg |…
Environment Why a U.S. national electric grid would be great for the climate — and is nearly impossible February 22, 2023 A transmission tower is seen on July 11, 2022 in Houston, Texas. ERCOT (Electric Reliability Council of Texas) is urging Texans to voluntarily conserve power today, due to extreme heat…
Environment Biden Interior proposes first offshore wind lease sale in Gulf of Mexico February 22, 2023 The Orsted Block Island Wind Farm in this aerial photograph taken above the water off Block Island, Rhode Island. Eric Thayer | Bloomberg | Getty Images The Biden administration on…
Environment Oil and gas industry could slash methane emissions by 75% with barely a hit to income, says IEA February 21, 2023 An oil pumpjack operates on November 02, 2021 in Long Beach, California. The Biden administration pledged to cut methane emissions from oil and gas production today. In California, 35,000 oil…
Environment Coinbase beats on revenue and earnings, but usage continues to decline February 21, 2023 In this article COIN Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Coinbase logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket…
Environment Energy company announces world first as its tidal power project hits major milestone February 21, 2023 In this article SAE-GB Follow your favorite stocksCREATE FREE ACCOUNT This image, from 2017, shows one of the MeyGen project’s tidal stream turbines. The MeyGen array has a total of…
Environment Climate reparations are not going to be helpful, U.S. Sen. Lindsey Graham says February 18, 2023 U.S Senator Lindsey Graham has said the world should focus on environmental damage prevention rather than on climate reparations. Kent Nishimura | Los Angeles Times | Getty Images The world…
Environment China’s rebound is the biggest unknown facing oil markets, IEA chief says February 17, 2023 Fatih Birol, executive director of the International Energy Agency (IEA) at the World Economic Forum (WEF) in Davos, Switzerland. Bloomberg | Getty Images The International Energy Agency’s executive director said…
Environment World to face wars over food and water without climate action, EU green deal chief says February 17, 2023 The European Commission’s climate chief warned Friday that society will be “fighting wars” over food and water in the future, if serious action is not taken on climate change. Speaking…
Environment Gas, airfares, car insurance: How transportation costs are impacting high inflation February 17, 2023 A gas station in Arlington, Virginia. Xinhua News Agency | Xinhua News Agency | Getty Images New government data for January shows high inflation has continued into the new year.…