Cargo ships sail in the Gulf off the Iranian port city of Bandar Abbas, which is the main base of the Islamic republic’s navy and has a strategic position on the Strait of Hormuz, on April 29, 2019. ATTA KENARE | AFP | Getty Images ABU DHABI, United Arab Emirates — Outgoing U.S. Energy Secretary
Environment
December 17th, 2020 by Zachary Shahan From a disappointing Acura MDX and Honda’s very slow move to electric vehicles, to a token $33 million in US Department of Energy funding for “green hydrogen,” to a rundown of recent solid-state battery news (and hype), below is a list of our 20 most popular stories last week.
Institutional Investor Hall of Famer Richard Bernstein sees a risky market dynamic. He’s questioning why so many investors prefer momentum names in technology when the economy is getting ready to boom. “The whole innovation disruption thing is becoming a sucker’s bet,” the Richard Bernstein Advisors CEO and CIO told CNBC’s “Trading Nation” on Wednesday. “Fundamentals
December 16th, 2020 by Mark Z. Jacobson On Friday, December 11, 2020, European Union leaders agreed to reduce greenhouse gas emissions 55% below 1990 levels by 2030. On Saturday, December 12, President-Elect Joe Biden promised that the US would rejoin the Paris Accord on Wednesday, January 20, the first day of his new administration. The
American shale producers are likely being kept up at night over what could be in store for their industry over the next four years, if pledges made by some lawmakers in Congress and President-elect Joe Biden are anything to go by. U.S. Energy Secretary Dan Brouillette seems to think so. Asked by CNBC’s Hadley Gamble
A range of innovations and ideas are changing the way construction projects are carried out. Jung Getty | Moment | Getty Images Infrastructure giant Balfour Beatty is to expand its deployment of technology that can manage power use at its sites and, it’s hoped, cut carbon emissions in the process. The system, dubbed EcoNet, has
December 15th, 2020 by World Resources Institute Originally published on WRI’s Resource Institute Blog.By Johannes Friedrich, Mengpin Ge and Andrew Pickens A lot has happened since countries met in Paris in 2015 and agreed on an accord to combat climate change. So far, more than 189 countries ratified or otherwise joined the Paris Climate Agreement, representing more than 81% of global
Halfpoint Images | Moment | Getty Images This year, doing good for the planet can also help you trim your tax bill. That’s because a basket of provisions in the tax code reward individuals and businesses for taking steps toward energy efficiency. Whether you added a few solar panels to your roof, bought a hybrid
December 15th, 2020 by Scott Cooney The nonprofit DearTomorrow is organizing an online campaign encouraging people to write letters, hypothetically to be read in the year 2050, about their feelings about climate change and what they hope 2050 might look like for the person they intend to read the post. I love this concept, and
“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 giant’s position that was reiterated
December 14th, 2020 by The Beam Originally published in The Beam. Cassetex produces a solar-powered battery swapping service for electric 3-wheelers in Bangladesh. Out of 68 teams and 3,000 entrepreneurs pitching in total, the startup won the first prize in the ClimateLaunchpad annually organized by EIT Climate-KIC. As part of the competition, they went through
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 of the decade, yet another
December 13th, 2020 by Zachary Shahan I’ve been covering the solar power industry for more than a decade. I recall writing about the industry blowing up way back at the beginning, because annual installations did indeed climb rapidly compared to previous years. The nice thing about technology learning curves is that you can tell such
An abandoned oil rig in the U.K. during Covid-19. “We’ve been talking about this for 20 years and some of the changes we saw this week were unlike anything we’ve seen before,” said Mindy Lubber, CEO and president of sustainability nonprofit Ceres, speaking about action from investors on climate change. Jason Alden | Bloomberg via
December 13th, 2020 by Jennifer Sensiba “You may all go to hell. I will go to Texas.” —Davy Crockett When news first broke that Elon Musk might be moving to Texas, most of the coverage was very “TMZ,” as one of my editors here said. People are often interesting (especially when their name begins with
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 in a “Mad Money” interview.