Environment

Climate change has not been caused by one bad actor, and it won’t be solved by one silver bullet. Instead, climate change is being caused by a web of problems and is being addressed by another web of mitigation and adaptation strategies. Globally, there has been significant progress to limit greenhouse gas emissions and slow

French President Emmanuel Macron has called for the EU to ban Russian coal as part of a wave of new sanctions to further isolate the Kremlin. Frank Rumpenhorst | Picture Alliance | Getty Images LUXEMBOURG — The European Commission will propose banning Russian coal as part of a new round of sanctions against the Kremlin

Nuclear power has been in the spotlight again lately. The war in Ukraine and the Russian capture of the Chornobyl and Zaporizhzhia nuclear power plants sent a shock wave of fear around the world. At the same time, Russia’s control over natural gas supplies to Europe, and increased recognition of the urgency of reducing greenhouse

Chairman Joe Manchin, D-W.Va., conducts a Senate Energy and Natural Resources Committee hearing on domestic and international energy price trends, in Dirksen Building on Tuesday, November 16, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Joe Manchin said Monday that he is “deeply concerned” about the new climate disclosures proposed by the

Russian President Vladimir Putin has demanded so-called “unfriendly” countries pay for Russian gas in rubles. Mikhail Klimentyev | Afp | Getty Images Russian President Vladimir Putin has sought to ratchet up the pressure on foreign buyers of natural gas, telling so-called “unfriendly” countries to pay in rubles from Friday — or have their supplies cut

Bloomberg | Bloomberg | Getty Images As gas prices have soared across the country, some politicians have floated a potential solution: temporarily halting the collection of taxes charged at the pump. That includes proposals to suspend the federal tax of 18.4 cents per gallon, as well as state taxes that average about 39 cents per

A protester holds a ‘Save Us From The Energy Crisis’ placard during a rally in London. British households face soaring energy bills from April 1 as the country’s energy price cap rises by 54%. Vuk Valcic | Sopa Images | Lightrocket | Getty Images The number of English households in fuel poverty will double to

Filling up at the pump comes with a hefty dose of sticker shock. Russia’s invasion of Ukraine and global supply concerns have sent gas prices to record highs — hitting $6 in some parts of the country. To combat the spike in energy costs, the White House said it will release 1 million barrels of

President Joe Biden‘s top economic advisor suggested Friday the White House is not rethinking its decision to cancel the controversial Keystone XL oil pipeline in response to elevated crude and gasoline prices. National Economic Council Director Brian Deese told CNBC the Biden administration is instead concentrating on policies and strategies that can deliver lower fuel

Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping meet on the sidelines of the 2019 G-20 summit in Osaka, Japan. Mikhail Klimentyev | Afp | Getty Images Russia’s invasion of Ukraine has led to the biggest clash in decades between Moscow and the West. Both are competing to persuade

U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasoline prices, during remarks in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., March 31,

Saudi Energy Minister Prince Abdulaziz bin Salman has said Tuesday that OPEC+ would keep politics out of its decision-making process. Ian Forsyth | Getty Images News | Getty Images A group of some of the world’s most powerful oil producers on Thursday will meet to determine the next phase of output policy following reports the

Energy Secretary Jennifer Granholm speaks during a meeting with Secretary of State Antony Blinken, European Union High Representative for Foreign Affairs and Security Policy Josep Borrell Fontelles, and European Commissioner for Energy Kadri Simson at the State Department in Washington, February 7, 2022. Andrew Harnik | Pool | Reuters The Biden administration on Wednesday announced

A gas cooker is seen in Boroughbridge, northern England. Nigel Roddis | Reuters Germany has declared an “early warning” that it could soon be facing a natural gas emergency as Europe’s largest economy prepares for the risk of a full supply disruption from Russia. The Kremlin has repeatedly demanded that so-called “unfriendly” countries pay in

Eugene (L) and Ginger Arboleda giving a demonstration on how to play Axie Infinity, an NFT game where players earn tokens that can be exchanged for cryptocurrency or cash, Manilla, December 10, 2021. Jam Sta Rosa | AFP | Getty Images The popular blockchain game Axie Infinity, which lets users earn money as they play,

Germany has some advice for Russian President Vladimir Putin: think about the consequences of asking for energy payments in rubles. Russia’s Putin said last week that “unfriendly” nations would be asked to pay for their natural gas in rubles — causing a spike in European gas prices. By asking for payments in the Russian currency

The United Arab Emirates’ energy and infrastructure minister has insisted that Russia will always be a part of OPEC+ even as governments across the globe shun the oil exporter over its war in Ukraine. Speaking to CNBC on Monday, Suhail Al Mazrouei, a former president of the oil alliance, said no other country could match

Russian Foreign Minister, Sergey Lavrov, Chinese Foreign Minister Wang Yi and Minister of External Affairs of India Subrahmanyam Jaishankar pose for a photo during Meeting of the Council of Foreign Ministers of Shanghai Cooperation Organisation in Moscow, Russia on September 10, 2020. Russian Foreign Press Service Handout | Anadolu Agency | Getty Images There’s been

In this article TTE-FR The CEO of TotalEnergies on Saturday defended the company’s refusal to fully exit Russia, but said it would never do business with President Vladimir Putin again. Speaking to CNBC’s Hadley Gamble, Patrick Pouyanne, chairman and CEO of TotalEnergies, said he was not prepared to write off the company’s assets in Russia

For years politicians have said the booming American oil industry would make the country “energy independent.” Indeed, the United States is the world’s largest producer of oil. That puts it two spots ahead of Russia, which shocked the world — and oil markets — by invading Ukraine. Saudi Arabia is the second-largest producer The move

Turkish Foreign Minister Mevlut Cavusoglu said Saturday that he’d welcome sanctioned Russian oligarchs into his country as both tourists and investors, as long as any business dealings were kept within the realms of international law. Turkey has been in the spotlight this week with its coastal waters seeing the arrival of two multimillion-dollar superyachts, reportedly

Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters A huge plume of smoke could be seen above an oil facility in the Saudi Arabian city of Jeddah on Friday, according to multiple media reports, shortly after Yemen’s Houthi group said they would be

Travelers can expect higher airfares this spring and summer, even on discount airlines. Frontier Airlines CEO Barry Biffle told CNBC’s “Closing Bell” Friday that bookings and what travelers are paying for tickets as well as add-ons like baggage fees are the highest in the pandemic. “Even with the high fuel prices we believe we can

U.S. President Joe Biden and European Commission’s President Ursula von der Leyen shake hands after speaking about steel and aluminium tariffs, on the sidelines of the G20 leaders’ summit in Rome, Italy October 31, 2021. Kevin Lamarque | Reuters The U.S. said Friday it will work with international partners to provide at least 15 billion

David Paul Morris | Bloomberg | Getty Images High gas prices have put a strain on many Americans’ budgets. Now some Democratic lawmakers are proposing a possible solution: direct rebate payments to Americans. Three congressional leaders have proposed $100 energy rebate payments that would be sent to Americans during any month where the national average

Civilians continue to flee from Irpin due to ongoing Russian attacks in Irpin, Ukraine on March 07, 2022. Wolfgang Schwan | Anadolu Agency | Getty Images On the morning that Russia went to war with Ukraine, Fadey woke up at 9am to a deluge of Telegram messages from friends asking him what was happening on

Gas prices stay high as people line up for discounted prices at Costco. Regular at $5.39 per gallon. Robert Gauthier | Los Angeles Times | Getty Images Low-earners bore the brunt of the economic fallout after the initial onset of Covid-19. Now, as gas prices have spiked and historic high inflation drives consumer costs up,

Smith Collection/Gado | Archive Photos | Getty Images LONDON — Britain’s Royal Mint plans to build a facility that will extract gold from electronic waste, with the plant set to be fully up and running in 2023. In a statement Monday, the government-owned company which manufactures precious metal products and coins said it would use

A sign reflects the price per gallon of fuel at a gas station on March 10, 2022 in Miami, Florida. Joe Raedle | Getty Images Americans are feeling the pinch of rising gas prices. Now two states — Maryland and Georgia — are temporarily suspending their gas taxes in order to help their residents save

The U.S. has been “extremely trigger-happy” with stinging economic measures, and central banks may decide to diversify their portfolio of foreign reserves instead of relying heavily on the U.S. dollar, according to the co-director of the Institute for the Analysis of Global Security. “Central banks are beginning to ask questions,” said Gal Luft of the

UN Secretary General António Guterres photographed at the COP26 climate summit in Glasgow, Scotland on Nov. 11, 2021. Jeff J Mitchell | Getty Images News | Getty Images The U.N. Secretary General issued a stark warning Monday, saying the planet had emerged from last year’s COP26 summit in Glasgow with “a certain naïve optimism” and

Gas prices in Westchester are above six dollars as prices at the pump continue to rise across the Southland on Sunday, March 13, 2022 in Los Angeles, CA. Jason Armond | Los Angeles Times | Getty Images Oil prices jumped even higher on Monday after Russia-Ukraine talks appeared to yield no sign of progress, and

Cyclists photographed in Lisbon, Portugal, in October 2018. Kamisoka | Istock Unreleased | Getty Images Speed limits on highways should be cut by at least 10 kilometers per hour (6.2 mph) to help lower oil demand, the International Energy Agency said Friday. The recommendation is part of a wider 10-point plan published by the Paris-based