One of the market’s worst-performing sectors this year has turned the tables. S&P 500 utilities stocks have been the top sector over the past month and in October, with the group now approaching a key bullish pattern known as a golden cross, when the 50-day moving average crosses over the 200-day moving average. The pattern
Environment
October 20th, 2020 by Paul Fosse Image courtesy Tesla In this article, I’m going to give you a lot of things to consider before buying solar. It isn’t my intent to confuse you or discourage you from buying solar. On the contrary, I think solar is the second most exciting clean technology out there. It
October 19th, 2020 by U.S. Energy Information Administration In 2019, consumption of renewable energy in the United States grew for the fourth year in a row, reaching a record 11.5 quadrillion British thermal units (Btu), or 11% of total U.S. energy consumption. The U.S. Energy Information Administration’s (EIA) new U.S. renewable energy consumption by source and
Steam is vented through exhaust stacks at Great River Energy’s Coal Creek Station in North Dakota. Some of the largest banks in the U.S. have cut back on lending to the coal sector in recent years, but they need to do much more to lower the climate risk in their loan portfolios, a new report
October 19th, 2020 by Tina Casey Hey, does anybody remember FutureGen? The billion-dollar showcase for cutting edge carbon capture technology was supposed to be the salvation of the US coal industry, only things turned out differently. The project was mothballed back in 2015, and nowadays the US is taking a long, hard look at energy
DUBAI, United Arab Emirates — The International Monetary Fund downgraded its outlook for Middle East and Central Asian economic recovery, predicting a 4.1% contraction for the region as a whole — 1.3 percentage points worse than its previous assessment in April — in its latest regional outlook report released Monday. Jihad Azour, director of the
October 18th, 2020 by Carolyn Fortuna Fossil fuel companies continue to hang onto an in-your-face stance that the global energy demand for oil will rebound after covid-19. They are holding fast to beliefs that the climate change policy moves of governments around the world will be more methodical than meteoric, more cautious than critical. In
The solar energy trade is soaring. Invesco’s Solar ETF (TAN) has become one of the market’s hottest exchange-traded funds, up almost 139% year to date and counting as former Vice President Joe Biden leads President Donald Trump in presidential election polls. Biden’s $2 trillion infrastructure plan, which would focus on promoting clean energy, has been
October 18th, 2020 by Steve Hanley There is a problem that haunts traditional means of generating electricity — it takes years to design, build, and activate any coal or gas powered facility. Building a nuclear power plant can take a decade or more. But renewables — especially solar — can come online quickly. Take the
October 18th, 2020 by Zachary Shahan There’s no doubt about it — understanding all the different components of our climate and why the Earth’s climate is so idyllic for humans is complicated. The theory of why greenhouse gases cause global heating is simple — those gases go into the atmosphere and then trap heat, sort
October 17th, 2020 by NRDC NYC solar rooftop and Harlem skyline. WE ACT For Environmental Justice & Solar One Installation. Photo by Cynthia Shahan, CleanTechnica. Originally published on the NRDC Expert Blog.By Cullen Howe The Public Service Commission has issued an important order which sets out a roadmap for achieving the state’s ambitious goal of obtaining
The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images GUANGZHOU, CHINA — Foxconn, the Taiwan company that assembles Apple’s iPhone, has launched an platform to help automobile companies make electric cars. The technology giant is best-known for being a major assembler of
Like many large businesses, dairy company Arla Foods has grand plans to reduce its greenhouse gas emissions and the firm aims to be carbon net zero by 2050. Around 85% of Arla’s total emissions come from the co-operative of 10,000 farms it has across Europe, a combination of the methane and nitrous oxide from the
October 16th, 2020 by Guest Contributor 28 clean energy startups selected to receive $150,000 each for their concepts The California Sustainable Energy Entrepreneur Development (CalSEED) program is pleased to announce that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC) — 28 companies out of 212 were
October 16th, 2020 by U.S. Energy Information Administration In 2019, wind-powered generation contributed 84.4 thousand gigawatt-hours (GWh) of electricity in Texas, an 11% increase from the 75.7 thousand GWh generated in 2018. Substantial growth in wind capacity in the state was the primary reason for this increase. Texas wind capacity rose almost 17% in 2019,
From birds that can fly for months on end to giant redwoods stretching hundreds of feet into the air, the natural world inspires awe and wonder. For thousands of years, humanity’s appreciation of nature has led to countless works of literature, art, and even innovations in design and engineering. Examples of the latter include the