The agreement triples climate finance, but developing countries say it’s far from enough. After more than two weeks of grueling deliberations at this year’s U.N. climate summit in Baku, Azerbaijan—known as COP29—the world’s wealthiest nations […]
Will Rose / Greenpeace The UK has imposed its largest wave of sanctions to date against Russia’s shadow fleet, including ships found not to be carrying correct insurance while transiting the English Channel. Alongside the […]
(Bloomberg) — Tesla Inc.’s electric vehicles would be excluded from consumer rebates proposed by California’s governor, a decision aimed at spurring greater competition that’s likely to draw the ire of Elon Musk. California Governor Gavin […]
Global oil demand continues to surprise on the upside, BP Plc (NYSE:BP) Chief Executive Murray Auchincloss told the Energy Intelligence forum in London on Monday, saying that oil demand kept rising on average by more or […]
The auto industry is cutting costs after overspending on EVs and self-driving tech, facing weak demand, rising costs, and uncertain returns. The auto industry has an addiction. It’s a “capital junkie” that’s been on a […]
Germany’s nuclear phaseout backfired as renewables lag, electricity prices soar, and fossil fuels still supply 71% of the nation’s power. Germany phased out its entire fleet of nuclear reactors over the past years and hoped […]
Saudi Arabia and its allies had two words they didn’t want to see repeated in a COP29 deal: “fossil fuels.” The faction got their way after two weeks of bitter negotiations in Azerbaijan, reversing gains made […]
The Biden administration has proposed a rule that it says will reduce pollution stemming from new gas-fired power plants and other industrial facilities. The proposal would require these plants to cut their emissions of pollutants known as […]
More than 100 years ago, a ship left a Nova Scotia harbor carrying a precious cargo that few today would recognize as valuable. The crew, full of optimism, was bound for Wales hoping that the […]
Data centers are turning into an unexpected obstacle that may well compromise the whole transition offensive against hydrocarbons. Wind and solar could supply power to data centers for certain periods of a day, week, or […]
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