Tag Archives: Energy

U.S. President-elect Joe Biden speaks about the recent massive cyber attack against the U.S. and also other Biden administration goals in Wilmington, Delaware, December 22, 2020. Leah Millis | Reuters As we enter the third decade of the 21st century, we are on the cusp of a green industrial revolution. …

General Electric’s renewable energy division has been chosen as the preferred turbine supplier for the third and final phase of an offshore wind farm that’s set to be the largest on the planet. According to an announcement from SSE Renewables on Friday, a 14 megawatt (MW) version of GE’s huge …

“More of the same, and a lot of it,” says CFRA Research energy analyst Stewart Glickman of a newly unveiled plan from Exxon Mobil to reduce its greenhouse gas emissions. But Glickman, and others analysts even more critical of Exxon, say there is a logic and consistency to the oil …

An aerial photograph of Keele University’s campus, taken in July 2017. David Goddard | Getty Images News | Getty Images A university campus in the U.K. will be home to two wind turbines and 15,000 solar panels as part of a plan to make it carbon neutral by the end …

Inside every smartphone and tablet lies a dense brick with a dark and complex history: its battery. The lithium that ferries charge back and forth likely started out in South American salt flats, where months of evaporation consumes millions of tons of water in some of the world’s driest regions. …

The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. Tim Clayton – Corbis | Corbis Sport | Getty Images SINGAPORE — While there’s “nothing new” to sustainable investing, technology has made it easier to state the financial case for considering …

Empty Champs Elysees avenue is pictured on March 28, 2020 in Paris, France. The country has introduced fines for people caught violating its nationwide lockdown measures intended to stop the spread of COVID-19. Pascal Le Segretain | Getty Images Global greenhouse gas emissions plunged by roughly 2.4 billion tons this …

United Airlines Boeing 767-400 ER Extended Range with 2x CF6-80 engines aircraft landing at Amsterdam Schiphol International Airport AMS EHAM in The Netherlands, the Dutch capital. Economou | NurPhoto | Getty Images United Airlines is turning to technology that aims to capture carbon dioxide from the air and store it …

Chevron has taken steps to lessen the oil and gas giant’s dependence on fossil fuels, laying a path to an energy system with a reduced carbon footprint, CEO Mike Wirth told CNBC’s Jim Cramer Wednesday. “We embrace a lower carbon future. We expect a lower carbon energy system,” Wirth said …

As rolling blackouts continue to plague California, one company is hoping that a new $100 million investment will help it keep the lights on — by paying customers to turn the lights off. On Monday OhmConnect said it received $100 million from Alphabet-backed Sidewalk Infrastructure Partners to build the largest …

The facility is able to charge up to 36 electric vehicles at once, and uses rooftop solar panels. GRIDSERVE The U.K.’s first forecourt dedicated to charging electric vehicles opened for business on Monday, as part of a plan to establish more than 100 similar sites across the country.  Sustainable energy …

A polar bear keeps close to her young along the Beaufort Sea coast in Arctic National Wildlife Refuge, Alaska in a March 6, 2007 file photo. Susanne Miller | Reuters The Trump administration announced Thursday that it will auction off drilling rights in the Arctic National Wildlife Refuge in just over a …

SINGAPORE — Fitch Ratings expects Brent prices to drop to $45 per barrel in 2021 — even though there’s good news on the vaccine front, the credit rating agency said this week. That’s close to 9% lower than what a Refinitiv Eikon poll is predicting. Brent crude could be around …

Tesla isn’t the only upstart auto industry player having a big year. Luminar, which creates lidar technology critical to many automakers’ autonomous driving efforts, is going public on Thursday through a special purpose acquisition company (SPAC) and the deal will make Luminar co-founder and CEO Austin Russell a billionaire — …

A Porsche 911 Speedster is presented at the Paris Motor Show on October 4, 2018 in Paris. Christophe Archambault | AFP | Getty Images German automaker Porsche is investing about $24 million in the development of “e-fuels,” which officials say is a climate-neutral fuel to replace gasoline in nonelectric vehicles. …

A truck operated by Germany’s Linde Group. Rod Nickel | Canada-Helium | Reuters CNBC’s Jim Cramer on Monday endorsed two stocks as plays on hydrogen fuel cells in the current market environment. While Cramer is convinced that hydrogen fuel technology, a frontier in clean energy, is the way of the …

Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after hours: Zoom …

The Borssele 1&2 offshore wind farm is located in waters off the coast of Zeeland, the Netherlands. Orsted A major offshore wind farm in the Netherlands is now fully operational, with its owners, Danish energy firm Orsted, claiming it provides enough green electricity to power one million households. Situated 23 …

The Harley-Davidson LiveWire electric motorcycle doesn’t have big sales yet, but CEO Jochen Zeitz recently remarked during an earnings call, “It’s also attracting new riders, new customers to the brand that might not have considered Harley-Davidson before.” Source: Harley-Davidson Tesla reached a $500 billion market valuation this week, a sign …

Offices of the Norwegian energy major Equinor photographed in February 2019. Equinor, alongside SSE, is part of a 50:50 joint venture to develop the Dogger Bank Wind Farm. Bloomberg | Bloomberg | Getty Images A major offshore wind farm, set to be the largest on the planet, took another leap …

The Deutsche Bahn AG logo photographed on the Bahntower, Potsdamer Platz, Berlin. Christoph Soeder | picture alliance | Getty Images Siemens Mobility and Deutsche Bahn have laid out plans to develop and trial a hydrogen fuel-cell train, in the latest example of major firms turning to a technology which could …

Citron founder Andrew Left, known for some big short calls, recommended Nio shares, now worth $45 each, at $7 two years ago. Now he is short the name and says of the recent gains in multiple EV makers, “The fact is that retail investors take everything to be the next …

The Arctic is not a barren, frozen wasteland. It’s home to some of the most unique ecosystems in the world. More than this: it’s home to people. Those people are at the center of the controversy over drilling for oil in the Arctic. The Trump administration is now starting the …

Forests are beautiful, home to a diverse range of wildlife, and play an important role when it comes to looking after the world we live in. Much like their appearance, the benefits of forests are multi-layered. According to a recent report from the Food and Agriculture Organization of the U.N. …

A view of Manchester, England, at night. Nigel_Wallace | iStock | Getty Images In England, scientists are trying to create the home of the future by testing how varying types of weather affect energy use in both homes and small buildings. Construction work is underway on a £16 million ($21.07 …