Environment

A detail of the pilot carbon dioxide (CO2) capture plant is pictured at Amager Bakke waste incinerator in Copenhagen on June 24, 2021. IDA GULDBAEK ARENTSEN | AFP | Getty Images LONDON — Carbon capture technology is often held up as a source of hope in reducing global greenhouse gas emissions, featuring prominently in countries’

In this article XME HAL XLE @CL.1 Crude oil held below $70, a key psychological level, on Tuesday. The oil market bore the brunt of a major sell-off on Wall Street to begin the week with the spread of the Covid delta variant raising fears of a slowdown in the economic recovery. OPEC and its

In this article GSBD Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas. Nick Oxford | Reuters A panic-induced sell-off in the oil market triggered by virus concerns has thrown the commodity’s upward march into question — but energy experts at Goldman Sachs don’t appear to be rattled.

Power plant querbeet | E+ | Getty Images Only a small chunk of governments’ recovery spending in response to the Covid-19 pandemic has been allocated to clean energy measures, according to the International Energy Agency, with the Paris-based organization forecasting that carbon dioxide emissions will hit record levels in 2023. Published on Tuesday, the IEA’s

Solar power and wind power continue to dominate new power capacity additions in the United States. Following the trend of recent months — or years, to some extent — almost 100% of new power capacity additions in April came from solar and wind, and 94% of new power capacity additions in May came from solar

Originally published on Future Trends. Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country. Cleantech Investments Acme Sells Stake In 250-Megawatt Solar Power Project To Foreign Investors Acme Cleantech

Originally published at ILSR.org  Our new report finds that installing rooftop solar panels and community solar systems to serve the equivalent of 30 million American homes would create significant economic benefits — including 1.77 million jobs and $69 billion electricity bill savings over the next five years — while addressing the climate crisis and historic inequities. The

The Morongo Band of Mission Indians will own the portion of a $740 million Southern California Edison transmission project that will carry renewable energy across tribal lands, Indian Country Today reports. The innovative agreement will enable the tribe to earn revenue from the transmission lines well into the future while saving SoCal Edison as much

Oil derrick pumps operate at the Inglewood Oil Field in Culver City, California, on Sunday, July 11, 2021. Kyle Grillot | Bloomberg | Getty Images LONDON — The International Energy Agency on Tuesday warned that world oil markets are likely to remain volatile following a breakdown in talks between OPEC members and their non-OPEC allies,

In this article VOW3-DE 7201.T-JP RNO-FR TSLA Alex Kraus | Bloomberg Creative Photos | Getty Images A planning application for a major new gigafactory in central England has been submitted, with those behind the project claiming it could generate 6,000 jobs and tens of thousands more across the supply chain. The proposals for the factory

Tesla is inviting its Energy customers living in California to join Tesla’s Virtual Power Plant (VPP) and help stabilize the grid. Virtual power plants aggregate the capacities of energy resources and enhance power generation along with trading or selling power on the electricity market. Back in 2020, our own Steve Hanley shared that Tesla was

If you had asked someone 10 years ago to name an automaker that was leading on electric vehicles, it’s likely the person would say Nissan. If you ask the same question today, I think you’d find a different answer. Just take a look at EV sales in Europe, the US, or China to understand why.

I recall when floating solar PV power plants popped onto the scene at some point in the past decade. On the one hand, the idea was so funny and fanciful that it seemed unrealistic. On the other hand, there appeared to be a lot of benefits to the approach — cooler surfaces (which help with

In this article BTC.CM= In this photo illustration, the Bitcoin logo is seen on a mobile device with People’s Republic of China flag in the background. (Photo Illustration by t/SOPA Images/LightRocket via Getty Images) Budrul Chukrut | SOPA Images | LightRocket | Getty Images LONDON — China’s share of global bitcoin mining plunged this year

Originally published by Union of Concerned Scientists, The Equation.By Dave Cooke, Senior Vehicles Analyst A recent New York Times article noted that the Biden administration will be looking to use vehicle efficiency standards to boost electric vehicles sales. Our analysis shows that strong standards are the best way to accelerate toward an electric future and that we need exactly

An Alaska state flag blows in the wind at the Robert B. Atwood Building in Anchorage, Alaska. David Ryder | Bloomberg | Getty Images These are tough times in Skagway, Alaska, population 1,183. “We’re in hard core survival mode,” Mayor Andrew Cremata told CNBC. In a normal summer, the Southeast Alaska town would be teeming

Investors may want to keep the antacid nearby. Long-term market bull Tony Dwyer sees near-term turbulence in connection with his “summer of indigestion” call. So, he’s encouraging investors to resist making any big moves right now. “We’ve had one heck of a run. It’s been an excessive run in the indices,” the Canaccord Genuity chief

In this article VOW3-DE Technicians work in the final inspection line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021. Matthias Rietschel | Reuters Half of Volkswagen’s sales are expected to be battery-electric vehicles by 2030, the German carmaker said Tuesday. By 2040, the company said almost 100% of its

Patrick Pleul | picture alliance | Getty Images The planet’s demand for electricity is set for a strong rebound this year and next after dropping by approximately 1% in 2020, according to a new publication from the International Energy Agency. Released Thursday, the IEA’s Electricity Market Report forecasts that global electricity demand will jump by

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria. Ramzi Boudina | Reuters DUBAI, United Arab Emirates — The Organization of Petroleum Exporting Countries on Wednesday arrived at a deal after a nearly two-week standoff over its future oil production levels,