Environment

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

U.S. House Minority Leader Rep. Kevin McCarthy (R-CA) speaks as House Minority Whip Rep. Steve Scalise (R-LA) and Rep. Lauren Boebert (R-CO) listen during a news conference at the U.S. Capitol May 11, 2022 in Washington, DC. Alex Wong | Getty Images Republicans this week introduced a road map describing how they would mitigate rising

The crypto market can be volatile, but it’s still attractive to young people who have “higher risk appetites,” said Chris Adam of SharpRank. Insta_photos | Istock | Getty Images More than 46,000 people say they lost over $1 billion in crypto to scams since the start of 2021, according to a report released by the

OPEC+ has “kind of broken down,” the lead analyst of an oil research firm said after oil prices rose despite the alliance announcing that it would increase supply more quickly. OPEC and its allies decided to take nearly 10 million barrels off the oil market in 2020 when Covid first hit and demand evaporated. The

Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co. on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Billionaire bitcoiners Cameron and Tyler Winklevoss are laying off 10% of the

The EU’s partial embargo covers Russian oil brought into the bloc by sea, with an exemption carved out for imports delivered by pipeline following opposition from Hungary. Attila Kisbenedek | Afp | Getty Images Moscow could respond to European sanctions on Russian oil by seeking other buyers for its crude or cutting production to keep

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria. Ramzi Boudina | Reuters OPEC+ is expected to stick to its current production agreement for now, but behind the scenes the oil producing nations could be planning for the day when Russia’s

Some members of the energy alliance OPEC+ are considering whether to suspend Russia from an oil production deal, The Wall Street Journal reported on Tuesday, citing unnamed OPEC delegates. This comes at a time when non-OPEC leader Russia, a major player in global energy markets, faces a barrage of Western sanctions and a partial oil ban from

European Union leaders reached an agreement this week to ban the majority of Russian crude oil and petroleum product imports, but nations were already shunning the country’s oil, altering global flows for the commodity that powers the world. Russian oil exports had already been hurt by some EU members acting preemptively in anticipation of potential

The EU’s partial embargo covers Russian oil brought into the bloc by sea, with an exemption carved out for imports delivered by pipeline following opposition from Hungary. Attila Kisbenedek | Afp | Getty Images Moscow pledged to find other importers for its oil shortly after the world’s largest trading bloc agreed to impose a partial

In this article ALO-FR SIE-DE A train passes through a station in Egypt. The project involving Siemens Mobility will use trains that can reach a top speed of 230 kilometers per hour, and the line will be fully electrified. Paulvinten | Istock | Getty Images A new high-speed rail line is coming to Egypt, with

Oil prices rose as traders closely monitored the prospect of the EU agreeing to impose a ban on Russian oil imports. Attila Kisbenedek | Afp | Getty Images The European Union on Monday will continue to work toward an agreement to embargo Russian oil after attempts to do so on Sunday failed. The talks are

WASHINGTON — In May, the collapse of one of the most popular U.S. dollar-pegged stablecoin projects cost investors tens of billions of dollars as they pulled out in a panic that some have compared to a bank run. But before that, the stablecoin known as terraUSD (or UST, for short) and its sister token luna,

A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan. Issei Kato | Reuters Natural gas surged above $9 per million British thermal units (MMBtu) Wednesday, hitting the highest level in more than a decade as dwindling inventories push prices higher. U.S. prices surged more than

This is a close up view of an X-ray Photoelectron Spectroscopy system being used at the Idaho National Lab measuring surface chemistry on a potential candidate material to use for fusion. Masashi Shimada has been researching nuclear fusion since 2000, when he joined the graduate program at University of California San Diego. He’s currently the