Yvette Johnson, 54, sits next to a fan outside of her families home on June 10, 2022 in Houston, Texas. Brandon Bell | Getty Images Power demand recently hit a record high in Texas amid a severe heat wave and will likely break more records this week as homes and businesses blast air conditioners across
Environment
Smoke billows from the Freeport LNG plant in Quintana, Texas, U.S., June 8, 2022, in this still image obtained from a social media video on June 9, 2022. Maribel Hill | Reuters Natural gas prices plunged on Tuesday, after Freeport LNG said its facility that had a fire last week likely won’t be back up
Bitcoin and other cryptocurrencies fell sharply as investors dump risk assets. A crypto lending company called Celsius is pausing withdrawals for its customers, sparking fears of contagion into the broader market. Nurphoto | Nurphoto | Getty Images Crypto has had a brutal first half of 2022, but few days have been this bad for the
The logo of cryptocurrency platform BlockFi. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Crypto lender BlockFi is cutting around 20% of its staff as the company reckons with a dramatic downturn in digital currencies and heightened concerns about a weakening economy. CEO Zac Prince said in a tweet Monday that BlockFi has
SINGAPORE — The shift toward plant-based proteins may benefit food security, the chief sustainability officer of Singapore’s state investor said Tuesday. Steve Howard of Temasek said around 18% of calories come from livestock, but 80% of agricultural land is used for farm animals. In some markets, 80% of grain is fed to livestock, he told
INA FASSBENDER | AFP | Getty Images Ethereum just completed its first big dress rehearsal for a long-awaited makeover that will be its most significant overhaul since the digital currency was launched nearly a decade ago. Cryptocurrencies such as ethereum and bitcoin are often criticized for the process of mining to generate new coins. Both
In this article BMW-DE Traffic in Paris, France, on May 12, 2020. The European Parliament now supports the European Commission’s goal of a 100% cut in emissions from new passenger cars and vans by 2035. Ludovic Marin | AFP | Getty Images European lawmakers have voted to ban the sale of new diesel and gasoline
Prices at a Chevron gas station in Menlo Park, California, on Tuesday, May 24, 2022. David Paul Morris | Bloomberg | Getty Images The average price for a gallon of unleaded gasoline rose above $5 nationally for the first time due to increased demand from the economy reopening from the pandemic and depleted oil supplies
Current gasoline prices are shown in Garden Grove, California, March 29, 2022. Mike Blake | Reuters Gasoline is nearing an average $5 per gallon across the U.S., but while consumers are feeling the pain, prices are not yet at a level that would tip the economy into a recession, economists said. Where that breaking point
Hungarian Foreign Minister Peter Szijjarto has ruled out the prospect of a Russian gas ban in the European Union’s next package of sanctions, saying it would be “impossible.” Landlocked Hungary is overwhelmingly dependent on Russian hydrocarbons. Szijjarto’s comments come as President Vladimir Putin says he believes the West will not be able to wean itself
Club name Devon Energy (DVN) announced Wednesday evening that it will acquire the leasehold interest and related assets of RimRock Oil and Gas, a privately held company of Warburg Pincus. RimRock is located in the Williston Basin, a resources-rich body of land that stretches across Montana, North Dakota, South Dakota, and Canada. At a total
The cost of filling an average family car in the U.K. has surpassed £100 for the first time ever. Picture Alliance | Getty Images Britons are now paying over £100 ($125) to fill up an average-sized family car after petrol prices soared past the psychological threshold for the first time ever Thursday. The price is
Houses on the east coast of England, photographed in 2020. On Tuesday, the chief executive of the U.K.’s Environment Agency said climate change meant some coastal communities would have to move. Owen Humphreys | PA Images | Getty Images The chief executive of the U.K.’s Environment Agency has issued a stark warning to coastal communities,
Rep. Suzan DelBene, D-Wash., chair of the New Democrat Coalition, speaks with members of the press outside the West Wing of the White House after meeting with President Joe Biden to discuss his domestic agenda, Wednesday, March 30, 2022, in Washington. Standing with DelBene are Rep. Scott Peters, D-Calif., left, and Rep. Ami Bera, D-Calif.
WASHINGTON — A week after prominent technologists publicly slammed crypto for being too risky and unproven in a letter to Congress, human rights advocates from around the world have sent a rebuttal to U.S. lawmakers defending digital assets for the access they provide to people in countries where “local currencies are collapsing, broken, or cut
Heather Hoff was working in the control room of the Diablo Canyon nuclear plant near in San Luis Obispo County, Calif., when an earthquake caused a tsunami that shut off the power supply cooling three nuclear reactors at the Fukushima Daiichi nuclear power plant in Japan. Three nuclear reactor cores at Fukushima melted down. “It
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