A BP company logo is displayed on a fuel pump on the forecourt of a gas station operated by BP Plc in London, U.K. Chris Ratcliffe | Bloomberg | Getty Images LONDON — Energy giant BP on Tuesday reported a small profit for the third quarter, beating analyst expectations as the company benefited from stronger
Environment
October 27th, 2020 by Zachary Shahan There is a rather ironic thing about Donald Trump. From 1985 to 1994, it’s been argued that he lost more money than any other American — due to the fact that he inherited such a fortune but then did so poorly at business. Nonetheless, during that time, he wrote
October 26th, 2020 by Johnna Crider Stäubli is participating in strategic cooperation for safer photovoltaic systems with the Laboratory for Photovoltaic Systems of the Bern University of Applied Sciences, according to a new press release. The Stäubli Group focuses on reliable, dependable electrical connection solutions for many industrial sectors. Stäubli’s focus is on three core
A picture taken on June 3, 2020 shows an oil refinery in Libya’s northern town of Ras Lanuf. – Libya’s National Oil Company said Monday it had restarted production at Al-Fil oil field, closed since January by the forces of eastern military strongman Khalifa Haftar. The NOC’s announcement came a day after output resumed at
October 26th, 2020 by Zachary Shahan The International Energy Agency has a long history in fossil fuels. It is not the first, second, or third organization that would come to mind when thinking of renewable energy bulls or fans. However, its latest report indicates that solar power is now the “cheapest electricity in history.” The
October 25th, 2020 by Zachary Shahan “If it ain’t broke, don’t fix it.” That’s a maxim that I imagine could get you fired from Tesla. Tesla is obsessively focused on “fixing” what is working fine but not working as well as it could be. Tesla is obsessively trying to take products and systems apart, whittle
A Tesla Model 3 vehicle set to be delivered to a company employee moves off an assembly line during a ceremony at the company’s Gigafactory in Shanghai, China, on Monday, Dec. 30, 2019. Tesla spent over $1 billion in the most recent quarter on factories, including one in Germany, and Elon Musk has hinted that
From street lamps and neon signs to phone screens and reading torches, artificial light plays an integral role in modern life. While this technology has brought a raft of economic and social benefits to humanity, there are also drawbacks. According to the U.K. government, for instance, artificial light is not always needed and also “has
October 23rd, 2020 by Zachary Shahan People who don’t follow cleantech, or individual cleantech industries, often think that solar, wind, and batteries are sort of small, niche markets. Actually, these have become large markets in recent years and are often the quickest growing markets. Similarly, related smart grid and energy efficiency companies are booming. Need
LONDON — When Hurricane Katrina devastated New Orleans in 2005, it proved to be a tipping point for Walmart, the world’s largest retailer. While the business was doing well at the time, it was focused on customers and employees over the broader environment, according to CEO Doug McMillon. “We were a large company but had
October 23rd, 2020 by Zachary Shahan Texas-based Vistra (NYSE: VST), an integrated retail electricity and power generation company, plans to build 6 utility-scale solar power plants across Texas. It will buy the solar modules for these power plants from Arizona-based First Solar (NASDAR:FSLR). How many solar modules do you need for 6 utility-scale solar power
October 23rd, 2020 by Carolyn Fortuna In early 2020, all indications were that it would be a robust decade for the renewable energy industry. Consumer awareness of the need for zero emissions was never higher. Costs of solar and wind had fallen exponentially since the turn of the 21st century. But COVID-19 and associated economic
October 23rd, 2020 by Tina Casey The US oil and gas industry boomed under the Obama administration, and now it’s going bust thanks in part to the Trump* administration’s failure to keep the clean power revolution in check. For the latest twist in that sorry saga, check out the new bioeconomy partnership being forged as
Kenny Williamson | Moment | Getty Images A local authority in the U.K. is to provide university researchers with a house to test low-carbon technologies, with the collaboration set to gather potentially valuable data which could inform how buildings are designed in the years ahead. The partnership, between Hull City Council and the University of
Gold bullion bars are pictured after being inspected and polished at the ABC Refinery in Sydney on August 5, 2020. DAVID GRAY | AFP | Getty Images Goldman Sachs is forecasting a bull market for commodities in 2021 based on its outlook for a weaker dollar, inflation, and the prospect of further economic and fiscal
October 22nd, 2020 by Zachary Shahan As I wrote earlier today, New Jersey has a legal requirement to cut its greenhouse gas emissions 80% by 2050, based on 2006 levels. Its biggest source of emissions is transportation, accounting for more than 40% of the state’s greenhouse gas emissions, so I focused my earlier article entirely