The oil and gas industry’s largest trade group Thursday endorsed a price on planet-warming carbon emissions, marking a major shift after it long resisted regulatory action on climate change. The American Petroleum Institute’s move comes as […]
A cargo container ship considered one of the largest in the world has turned sideways and blocked all traffic, according to officials. The situation is threatening to disrupt a global shipping system already strained by the coronavirus […]
The world is likely to see peak demand for petrol by the late 2020s and for diesel by 2035, but auto fuels will continue to see growth in India as the economy expands, a senior petroleum ministry official said […]
Coal India Ltd, the world’s largest coal miner, could venture into solar wafer manufacturing and wants to “aggressively” participate in the country‘s solar energy auctions, its chairman told Reuters on Tuesday. “Coal as you know, we’re going to lose […]
Russia’s central bank and finance ministry have started consultations on a green bond issue, a senior central bank official said on Tuesday, as Moscow seeks to enhance its sustainability credentials. Green bonds are a rapidly […]
The UK government has pledged that high-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low carbon future as the landmark North Sea Transition Deal […]
A new federal incentive, modelled on a U.S. tax credit for carbon capture, utilization and storage, would be tailor-made to drive higher greenhouse gas emissions and could produce unexpected surprises for private investors if it’s […]
The fact that traditional fuel vehicles will be phased out and replaced by alternative-fuel cars is no longer in question. However, how quickly this transition is going to take place is another story. In fact, […]
Energy News Beat Publishers Note: Tesla has created a new business model: selling Carbon Credits. Lose money in a great business and makeup profits through selling Carbon Credits. Putin has taken note. With this new […]
Representatives from the oil and gas industry and national climate adviser Gina McCarthy struck a cooperative tone following a meeting on Monday where the two sides discussed how companies can align with the Biden administration’s ambitious climate […]
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