Environment

Fuel prices at a Chevron gas station in San Francisco June 9, 2022. Bloomberg | Bloomberg | Getty Images For months, drivers across the U.S. face have faced eye-popping prices when they fill up their gas tanks. Now, President Joe Biden is weighing a new remedy — a federal gas tax holiday. A gallon of

German Economy Minister Robert Habeck has warned that the situation is going to be “really tight in winter” without precautionary measures to prevent a supply shortage. Ina Fassbender | Afp | Getty Images Reduced flows of Russian gas and the specter of a full supply disruption have prompted some European governments to reconsider coal, one

Germany plans to compensate for a cut in Russian gas supplies by increasing the burning of coal — the most carbon-intensive fossil fuel in terms of emissions. Bloomberg | Bloomberg | Getty Images Germany has said the deteriorating gas market situation means Europe’s largest economy must limit the use of natural gas for electricity production

In this article TSLA F GM Charging port for a Ford Motor Co. Mustang during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images More people than ever are buying electric vehicles. There are about 2 million EVs on the road in the U.S., up

In this article HOL.N-CH GE IBE-ES SGRE-ES A wind turbine at the Ormonde Offshore Wind Farm, in the Irish Sea. With governments around the world attempting to ramp up their renewable energy capacity, the number of wind turbines worldwide only looks set to grow, which will in turn increase pressure on the sector to find

Bitcoin plunged to $18,248, and ether fell to $944 as of mid-afternoon on Saturday, as the sell-off in the crypto market accelerates. The world’s two most popular cryptocurrencies are down more than 35% in the past week, as both breach symbolic price barriers. Carnage in the crypto market is partly to do with pressure from

Tesla Model 3 electric vehicles at a Hertz airport location. Photo by E.R. Davidson Not long after Hertz Global Holdings emerged from bankruptcy last summer, reorganized after the Covid-19 pandemic stalled the entire car rental industry, the Estero, Florida-based company boldly announced a $4.2 billion deal to purchase 100,000 Tesla fully electric vehicles (EVs) by

Gazprom’s Miller says he sees no solution to an ongoing equipment issue at part of the Nord Stream 1 pipeline. Anadolu Agency | Anadolu Agency | Getty Images LONDON — An ominous warning from Russia’s state-backed energy giant Gazprom has stoked fears of another turbulent winter for European gas supplies. As a pre-summer heatwave hits

We’re buying 25 shares of Constellation Brands (STZ) at roughly $228 each. In addition, we are buying 15 shares of Pioneer Natural Resources (PXD) at roughly $240 each. Following Friday’s trades, the portfolio will own 330 shares of STZ – increasing its weighting to 2.79% from 2.58%, and 190 shares of PXD — increasing its

A giant digital sign is seen at Facebook’s corporate headquarters campus in Menlo Park, California, on October 23, 2019. Josh Edelson | AFP | Getty Images Technology hub Menlo Park, California, home to Meta, is teaming up with Brooklyn, New York-based BlocPower in a new form of public-private partnership to electrify thousands of buildings to

In this article @LCO.1 CNA-GB EQNR-NO Russia is a significant supplier of oil and gas. A number of major economies have formulated plans to reduce their reliance on Russian hydrocarbons following its invasion of Ukraine. Sean Gladwell | Moment | Getty Images Norwegian energy firm Equinor said Thursday it would deliver extra gas to the

Nuclear reactors have a well-earned reputation for being massive construction projects that frequently run into cost overruns. Plus, once they are eventually constructed, monitoring and maintaining them takes a staff of dozens of trained experts. But Yasir Arafat believes nuclear power doesn’t have to be this way. Arafat is the technical lead of the microreactor

In this article BP.-GB A BP logo photographed in London on May 12, 2021. The International Energy Agency recently reported that 2021 saw energy-related carbon dioxide emissions rise to their highest level in history. Glyn Kirk | Afp | Getty Images Oil and gas supermajor BP has agreed to take a 40.5% equity stake in

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

In this article @LCO.1 @CL.1 @NG.1 In remarks delivered to the Austrian World Summit in Vienna via video, Antonio Guterres issued a sobering assessment of the planet’s prospects. “Most national climate pledges are simply not good enough,” he said. Michael M. Santiago | Getty Images News | Getty Images The U.N. Secretary General has slammed

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

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

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,

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

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

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

After humankind discovered nuclear fission, the first applied use was the atomic bomb. The study of fission for electricity production came later. In December 1953, President Dwight D. Eisenhower gave his fateful Atoms for Peace speech, an impassioned plea to reconstitute the power of the atomic bombs dropped in World War II for a more

In this article SGRE-ES IBE-ES GE HOL.N-CH Wind turbine blades photographed at a site in Denmark. The issue of what to do with blades when they’re no longer needed is a headache for the industry. Jonathanfilskov-photography | Istock | Getty Images Spanish energy firm Iberdrola has jointly established a company that will recycle components used

In this article ARRY SEDG ENPH SPWR RUN SunPower equipment technicians install P-Series solar panel manufacturing technology at its manufacturing plant in Hillsboro, Oregon, November 7, 2018.  Steve Dipaola | Reuters Solar energy stocks soared in premarket trading Monday following a report that the Biden administration will suspend tariffs on solar panels from four countries.

From the Covid-19 pandemic and supply chain shocks to rising inflation and Russia’s invasion of Ukraine, governments and businesses around the world are attempting to tackle and solve major crises — many of them interlinked — on multiple fronts. Against this challenging backdrop, energy markets have been roiled, with gas and oil prices surging and

A man sells slippers in Eminonu on May 5, 2022, in Istanbul, Turkey. The country has enjoyed rapid growth for years, but President Erdogan has for years refused to meaningfully raise rates to cool the resulting inflation. The result has been a plummeting Turkish lira and far less spending power for the average Turk. Burak

Bitcoin offices in Istanbul, Turkey, on May 11, 2022. Umit Turhan Coskun/NurPhoto via Getty Images New York State Assemblymember Anna Kelles is tired of all the fear-mongering about the bill she wrote — and sponsored — to place a two-year moratorium on certain types of new cryptocurrency mines in the state. The fate of the