Environment

A driver uses the Uber app to drop off a passenger. Chris J. Ratcliffe | Bloomberg via Getty Images When Sergio Avedian, 55, started driving full time for Uber and Lyft in 2016, he used to make $3,000 a week. “Now, it’s impossible to make that kind of money,” he said. Coming out of the

Google’s data centers around the world use about twice as much electricity as the city of San Francisco. In total, Google used 15.5 terawatt hours of electricity in 2020 and the majority of that goes to its data centers. (It hasn’t made 2021 figures available.) The amount of energy Google uses is growing as overall

D3sign | Moment | Getty Images Inflation has hit levels not seen in 40 years and Americans’ wallets are feeling the strain. Prices are rising on everything from energy to food to shelter, costing the average American household an additional $327 per month, according to a Moody’s Analytics analysis. That’s higher than last month’s estimate

Concerns related to both the energy transition and energy security have been thrown into sharp relief by Russia’s invasion of Ukraine. At the same time, recent months have also seen commodity prices jump. Marcus Brandt | Picture Alliance | Getty Images The world’s governments have pledged more than $710 billion to “sustainable recovery measures” by

Even as the world shuns Russian goods, India is setting its sights on Russian coal. India’s coal imports from Russia jumped in March 2022 to highs not seen in more than two years, according to commodity intelligence firm Kpler. Ritesh Shukla | Getty Images News | Getty Images India’s hunger for coal is growing. Even

Small changes in the price of gasoline may not seem like much. However, every 10-cent increase at the pump costs consumers overall a combined $11 billion or more over the course of a year, according to Ryan Sweet, a senior director at Moody’s Analytics. Gas prices are up nearly 50% from a year ago and

In this article EQNR-NO BP.-GB D SGRE-ES GE A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. The Haliade-X is part of a new generation of huge turbines set to be installed in the years ahead. Peter Boer | Bloomberg | Getty Images In the not too distant future, waters 15 miles

Image Source | Getty Images Inflation is quickly raising prices for households in core areas of their monthly budgets — energy, food and housing. That’s making it hard for consumers to avoid a financial hit, even as wages are also rising at their fastest clip in years. But there are levers Americans can pull —

In this article ENR-DE Onshore wind turbines in Germany. The NeuConnect project says the interconnector will enable Britain to “tap into the vast energy infrastructure in Germany, including its significant renewable energy sources.” By Thomas E. Gunnarsson | Moment Open | Getty Images Key contracts totaling more than £1.5 billion ($1.95 billion) have been awarded

It’s hard to escape high gas prices. As Americans feel increased pressure at the pump, the average driver is spending 2.24% of their monthly income on gas, while pickup truck and SUV drivers shell out as much as 3.12%, on average, according to a recent report by FinanceBuzz based on data from the U.S. Department

Ukraine has urged NATO to supply more weapons as it seeks to defend itself against further aggression from Russia. Members of the NATO military alliance have been supplying Kyiv with weapons ever since Russia’s unprovoked invasion of Ukraine in February. The U.S., for instance, has supplied anti-aircraft Stingers, thousands of anti-tank weapons and millions of

In this article SHEL-GB Royal Dutch Shell products in Torzhok, Russia. Andrey Rudakov | Bloomberg | Getty Images Shell has announced that it will write off between $4 and $5 billion in the value of its assets after pulling out of Russia following the country’s unprecedented invasion of Ukraine. Thursday’s announcement offers a first glimpse at the

Alongside a ramp up in nuclear power, the British Energy Security Strategy envisages up to 50 GW of offshore wind and 10 GW of hydrogen – half of which would be so-called green hydrogen – by 2030. Christopher Furlong | Getty Images News | Getty Images The U.K. government has revealed details of its long

A front loader collects a shovel of coal from a pile at the Raspadsky open-pit coal mine, operated by Raspadskaya PJSC, in Mezhdurechensk, Russia, on Friday, Feb. 5, 2021. Andrey Rudakov | Bloomberg | Getty Images The European Union’s proposed ban on coal imports from Russia is not expected to take full effect until August

A popular group of stocks may be misleading investors. According to S&P Global’s Mona Naqvi, Environmental, Social and Governance (ESG) ETFs lack clarity, so investors don’t always know where their money is going. “A lot of different folks have different opinions and interpretations,” the firm’s global head of ESG capital markets strategy told CNBC’s “ETF

In this article JPM EVGO EVgo Coming Soon sign Source: EVgo Chase is partnering with EVgo to pilot electric vehicle charging stations at select branches across the country, the company announced Thursday. The move is part of the bank’s push to promote sustainability and reduce its carbon footprint. The company said it’s aiming to have