Timothy Artman | Tesla Motors, Inc. Tesla holds a sizable lead over competitors when it comes to paying less for lithium-battery cells and having the lowest cost EV battery packs, according to a new report from Cairn Energy Research Advisors. What’s more, Tesla is expected to continue having the lowest costs in the EV industry
Environment
Democratic U.S. presidential candidate and former Vice President Joe Biden speaks about modernizing infrastructure and his plans for tackling climate change during a campaign event in Wilmington, Delaware, U.S., July 14, 2020. Leah Millis | Reuters With President Joe Biden’s Covid-19 stimulus package just a signature away from becoming law, the White House now turns
Michael Wirth, CEO, Chevron, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galica | CNBC Chevron CEO Michael Wirth told CNBC he hasn’t spoken to Berkshire Hathaway since the firm took a stake in the oil giant, but he said the decision suggests confidence in Chevron’s long-term future. “I can’t
Originally published on EV Annex.By Charles Morris Sometimes in the world of business, a company vertically integrates a product or service that it needs to support its own operations, and eventually finds that providing that product or service is just as lucrative as its original core business, or even more so. Think of a restaurant
Courtesy of Union Of Concerned Scientists.By Joseph Daniel When the polar vortex came to Texas, demand for electricity increased so that people could stay warm, while the electricity supply collapsed. This mismatch caused widespread and long-lasting power outages. It also caused wholesale prices to skyrocket, increasing 100’s of times above normal. Extreme Winter Weather Causes U.S.
United States Postal Service Postmaster General Louis DeJoy speaks during a House Oversight and Reform Committee hearing on Legislative Proposals to Put the Postal Service on Sustainable Financial Footing on Capitol Hill in Washington, DC, on February 24, 2021. Jim Watson | AFP | Getty Images House Democrats called on the Biden administration Tuesday to
The US offshore wind industry has been here before. For the past 20 years or so, wind developers have been eyeballing 22 gigawatts of precious offshore wind power dangling right off the Atlantic coast, practically daring them to come and get it, only to see the wheels of bureaucracy grind to a halt, crushing dreams
A fight over legislation banning gas hookups in new buildings is exploding across the country, a Seattle Times and InsideClimate News joint investigation found. In the summer of 2019, Berkley, California, became the first city in the country to ban natural gas hookups in new building construction. Now, 42 cities in California have passed bans
A worker walks past snow-covered pipework in the yard at the Gazprom PJSC Slavyanskaya compressor station on Thursday, Jan. 28, 2021. Andrey Rudakov | Bloomberg | Getty Images LONDON — A simmering geopolitical dispute over an undersea pipeline that would bring gas from Russia to Germany is widely expected to intensify in the coming weeks,
Zach is tryin’ to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine,
VIENNA, AUSTRIA – 2018/06/20: OPEC logo is seen at the Organisation of Petroleum Exporting Countries (OPEC) building in Vienna. The 174th OPEC meeting will be held on the 22th June 2018 in Vienna. (Photo by Omar Marques/SOPA Images/LightRocket via Getty Images) SOPA Images | LightRocket | Getty Images LONDON — A group of some of
Originally published on ILSR.org Since rooftop solar became possible, electric utilities have struggled to incorporate it into their outdated business model. In recent years, this lag in utility recognition has become increasingly problematic, risking the health, environmental, and financial impacts of over-investment in large fossil fuel power plants. In over 30 states, monopoly utilities submit
Oil tanks at an oil processing facility of Saudi Aramco, a Saudi Arabian state-owned oil and gas company, at the Abqaiq oil field. Stanislav Krasilnikov | TASS via Getty Images International benchmark Brent crude futures popped during Asian trading hours Monday, moving above $70 a barrel for the first time in more than a year.
The geothermal energy industry has never realized its true potential in the US, despite the seemingly magical promise of nonstop, 24/7 renewable energy sitting just below the surface of the Earth. However, it seems like things are finally starting to gel. No, for real! For the inside scoop on the prospects for a geothermal revolution
The flags of the United Arab Emirates and the Abu Dhabi National Oil Company sit on the reception desk in the lobby at the company’s headquarters in Abu Dhabi, United Arab Emirates. Christopher Pike | Bloomberg | Getty Images DUBAI, United Arab Emirates — Abu Dhabi’s move to launch its Murban oil futures contract this
Mike Henry stepped into his role as CEO of Australia-based BHP, the world’s largest publicly listed mining company, just a few weeks before the coronavirus pandemic triggered lockdowns across the globe. Henry is a proponent for health and safety, strong value and a low environmental footprint. His goals for BHP met the headwind of Covid-19