Environment

In this article PXD EOG RRC DVN XOP XLE The energy rally rolls on. The XLE energy ETF has raced ahead of the broader market again in the past month, rallying nearly 13% against the S&P 500‘s 4% drop, as global demand for oil outpaces its supply. An output decision from OPEC+ when the bloc

Courtesy of RMI.By New Energy Nexus Philippines The Philippines is one of the most vulnerable countries in the world to climate change. Sea level rise is three to four times faster in this island nation than the global average, and it gets hit with an average of 20 typhoons a year. Energy equity is also a major concern as 10 percent

The idea of fusion power has intrigued scientists for nearly 100 years, when they first discovered the process that powers the sun and stars. A fusion reaction, which occurs when atoms fuse together, could generate four times more energy than today’s fission reactors, and about four million times more than burning coal, without producing any

Originally published on ILSR.org Nearly 7 gigawatts of new power generation capacity came online in the second quarter of 2021. Renewable energy generation capacity growth was comparable to last quarter, while new fossil gas construction dropped dramatically. In 4 of the last 8 quarters, the fossil gas contribution to new power generation capacity has been

Global Energy Institute 2021 has been a great year for bitcoin mining in America as new talent — and equipment — flood the market, but some states are definitely more appealing destinations than others. The latest data from the Global Energy Institute shows the average price of electricity is lowest in states including Texas and

Within the electric vehicle world in recent months, there’s been all kinds of debate and handwringing about how the big EV tax credits or rebates that are included in expected Democratic legislation in Congress should be structured — how much should union-built EVs versus American-built EVs versus just simply built EVs get in subsidies? There’s

The Dubai Electricity and Water Authority (DEWA) announced the inauguration of a pilot project for energy storage at the Mohammed bin Rashid Al Maktoum Solar Park this week. The project has a power capacity of 1.21 MW and an energy capacity of 8.61 MWh. DEWA is using Tesla’s Powerpack batteries. HE Saeed Mohammed Al Tayer,

Cardiologists carry out a procedure on a patient at the Royal Papworth Hospital in Cambridge, England, on March 17, 2021. Joe Giddens | PA Images | Getty Images Doctors and healthcare workers in the U.K. could be put up in hotels to ensure they can get to work, as Britain’s gasoline crisis continues. British motorists

There she goes again. In recent years, General Motors Chair and CEO Mary Barra has shaped the automaker into a renewable energy influencer with an impact on the US energy landscape that extends beyond the factory walls. Apparently she was just getting started. The company has just announced a new carbon-cutting initiative that sets a

A general view shows the Wujing Coal-Electricity Power Station in Shanghai on September 28, 2021. Hector Retamal | AFP | Getty Images BEIJING — Local Chinese authorities have abruptly ordered power cuts at many factories in the last week, reflecting a system trying to react to a number of directives from Beijing, and macroeconomic developments.

A common talking point in political circles is that climate action costs a lot. Even among proponents of strong climate action, there is a common tendency to just accept that as fact. However, this is not like going shopping for toys at Toys-R-Us (or I guess Amazon these days). It’s not like you either spend

Natural gas futures dipped as much as 8% on Wednesday, pulling back from a more than seven-year high above $6 per million British thermal units hit during the prior session. The contract for November delivery fell to a low of $5.42 on Wednesday, before recovering some of those losses to settle 6.85% lower at $5.47

Here’s an interesting coincidence. This morning, I was reading the latest email from Bloomberg Green about how Europe is struggling with high energy prices right now and has to make a decision — build more unnatural gas capacity or install more renewable energy. It’s a question fraught with weighty political considerations. Then I came across

In this article SINGAPORE — Southeast Asia is going through an energy transition and there’s opportunity to scale up renewables in the region, according to the chief executive officer of a Philippines-based energy firm. “We’re very bullish on renewables, obviously, in Southeast Asia,” said John Eric Francia of AC Energy, adding that the company has

WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced it has achieved its summer goal of signing up at least 125 communities for the Solar Automated Permit Processing (SolarAPP+) tool — a free, DOE-developed web-based platform that allows local governments to instantly approve residential solar installation permits. Now that 127 localities are signed

Oil derrick pumps operate at the Inglewood Oil Field in Culver City, California, on Sunday, July 11, 2021. Kyle Grillot | Bloomberg | Getty Images International oil benchmark Brent crude advanced for a sixth straight session on Tuesday, jumping above $80 per barrel for the first time since October 2018 as demand rebounds and supply