OPEC warned on Monday that the “immense challenges” caused by the Covid-19 pandemic were likely to persist into 2021, as the group of oil producers continues high-stakes negotiations over an extension to its production cut agreement. “The shock to the oil industry is massive and its severe impacts will likely reverberate in the years to
Environment
November 30th, 2020 by Tina Casey US farmers have been on the the front lines of the renewable energy revolution, and they are in the vanguard of yet another clean tech trend that could finally help the distributed wind industry get the attention it deserves. If all goes according to plan, farms across the country
It is “striking” that Iraq has made strong negative comments about OPEC+ production quotas ahead of the alliance’s meeting this week, one oil watcher said. The group is expected to consider delaying its output increase, scheduled for January 2021, at its two-day meeting starting Monday. “A couple of weeks ago, we were all thinking this
November 29th, 2020 by Michael Barnard First, a mea culpa. I got something wrong. A couple of weeks ago I published a piece which analyzed the amazing value that we could get if we simply replaced gas furnaces and air conditioning in the worst 10% of commercial buildings. I found that Canada could save “1.9
November 29th, 2020 by Carolyn Fortuna The climate crisis has exacerbated the frequency, duration, and intensity of extreme heat events and power outages and has changed the everyday energy experiences and practices of consumers. We’ve come to an awakening that, when we are challenged by energy gaps or weather crises, we find ourselves quickly needing
U.S. Big Oil majors are behind their European counterparts in carbon strategies, and the U.S. shale market will remain one of the key drilling regions globally. David McNew | Getty Images LONDON — Oil-producing group OPEC, and its allies, will likely delay an output hike at its meeting this week as it weighs positive vaccine
November 28th, 2020 by Jennifer Sensiba Tesla uses small solar panels for its Solar Roof system. Image by Chuck Field for CleanTechnica. Earlier this month, at a joint conference of two solar technology industry groups, the topic of solar panel size came up. Dennis She, SVP of LONGi Solar, gave an interesting presentation on the
November 28th, 2020 by Zachary Shahan The U.S. Energy Information Administration recently published a special short profile on New York’s renewable energy leadership and split. What I found particularly interesting in the piece, though, was the variation in renewable energy splits in the different top states. Whereas hydropower is the dominant source of renewable electricity
The Harley-Davidson LiveWire electric motorcycle doesn’t have big sales yet, but CEO Jochen Zeitz recently remarked during an earnings call, “It’s also attracting new riders, new customers to the brand that might not have considered Harley-Davidson before.” Source: Harley-Davidson Tesla reached a $500 billion market valuation this week, a sign of its dominance in the
Barclays has backed European equities to hit new highs in 2021, with 13% potential upside for the Stoxx 600 and two stocks offering more than 50% potential returns. In their 2021 outlook, equity analysts at the bank said a stock market rally would mostly be driven by earnings-per-share growth, with high-efficacy vaccines bringing the Covid-19
November 27th, 2020 by World Resources Institute Originally published on WRI’s Resource Institute Blog.by Joel Jaeger Governments are in uncharted territory as they respond to the economic impacts of the coronavirus pandemic — but that doesn’t mean they can’t learn from the past. The most recent comparison is the global financial crisis that began in
November 27th, 2020 by Johnna Crider Tesla, a company focused on sustainability and renewables, is now the 6th most valuable company in the United States. It just overtook Warren Buffet’s Berkshire Hathaway, Inc’s market cap. Tesla’s market cap reached $555.24 billion today and only trails Apple, Microsoft, Amazon, Alphabet, and Facebook. Apple is the most
From paintings and literature to music and film, the natural world is an inspiration to many. Its influence on architecture is also apparent, with a number of interesting developments now integrating plants and trees into their design. One example of this is the Bosco Verticale, or Vertical Forest, an Italian residential development of two visually
The Deutsche Bahn AG logo photographed on the Bahntower, Potsdamer Platz, Berlin. Christoph Soeder | picture alliance | Getty Images Siemens Mobility and Deutsche Bahn have laid out plans to develop and trial a hydrogen fuel-cell train, in the latest example of major firms turning to a technology which could have a significant effect on
Offices of the Norwegian energy major Equinor photographed in February 2019. Equinor, alongside SSE, is part of a 50:50 joint venture to develop the Dogger Bank Wind Farm. Bloomberg | Bloomberg | Getty Images A major offshore wind farm, set to be the largest on the planet, took another leap forward Thursday with SSE Renewables
November 26th, 2020 by Tina Casey Green hydrogen is still clawing its way into the mainstream and here comes yet another powerful new decarbonization trend: green ammonia. If that’s news to you, join the club. Green ammonia was a big mystery just two years ago and now all of a sudden it’s the Next Big