Environment

A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images Although it will come down from imminent peaks, inflation is unlikely to normalize in the near future, according to Francesco Curto, head of research at asset management firm DWS, as

Service members of the Ukrainian armed forces walk at combat positions near the line of separation from Russian-backed rebels outside the town of Popasna in Luhansk Region, Ukraine January 6, 2022. Maksim Levin | Reuters As high-profile talks between Russian and Western officials continue Thursday, a top-ranking Ukrainian official has described how her country has

Getty Images Bitcoin is down around 36% from its all-time high in November, but the dip has a good side, thanks to a quirk in the tax code that helps crypto holders shield their winnings from the IRS. The IRS treats cryptocurrencies like property, meaning that anytime you spend, exchange, or sell your tokens, you’re

A BMP-2 amphibious infantry fighting vehicle during field firing practice ahead of the 78th birthday of the guards tank army of the Western Military District at the Golovenki range outside Moscow. Sergei Bobylev | TASS | Getty Images WASHINGTON – Intelligence agencies monitoring Russian cyber operations against Ukraine believe Russia’s pattern of activity could signal

In this article VWS-DK RWE-DE One of the turbines at the Triton Knoll offshore wind farm, which is located in waters off England’s east coast. Ian Greenwood Turbine commissioning at one of the world’s biggest offshore wind farms is complete and full operations are slated to begin in the first quarter of 2022, according to

Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey’s payments company Block (formerly Square) is going to start mining for bitcoin. In a string of tweets,

In this article MAERSK.B-DK The container ship MORTEN MÆRSK heading to Hamburg on April 22, 2020. eyewave | iStock Editorial | Getty Images The CEO of shipping giant Moller-Maersk admitted to CNBC Thursday that shifting to “green” fuels would come at a cost, but emphasized the importance of focusing on the bigger picture rather than

Ubiquitous Energy solar energy capturing windows installed at Michigan State University. Courtesy of Ubiquitous Energy A material science start-up, Ubiquitous Energy, is raising tens of millions of dollars to turn windows into surfaces that capture solar energy. The California start-up announced on Tuesday it closed a $30 million funding round, including an investment from consumer

Bloomberg | Getty Images Investments related to cryptocurrencies and digital assets are the top threat to investors “by far,” according to new data from the North American Securities Administrators Association (NASAA). “Stories of ‘crypto millionaires’ attracted some investors to try their hand at investing in cryptocurrencies or crypto-related investments this year, and with them, many

Cooling towers at the Tricastin Evolutionary Power Reactor nuclear power plant in France. Bloomberg | Bloomberg | Getty Images A controversial EU plan to include nuclear and natural gas in its ranking of sustainable investments is confusing and could lead to further greenwashing, investors told CNBC. The European Commission, the executive arm of the EU,

European Union foreign policy chief Josep Borrell and Ukrainian Foreign Minister Dmytro Kuleba visit the line of contact in Luhansk, Ukraine. Anadolu Agency | Anadolu Agency | Getty Images The United States and Russia are having key talks next week and the EU’s top diplomat is disappointed that the bloc will not be around the

Kazakh law enforcement officers are seen on a barricade during a protest triggered by fuel price increase in Almaty, Kazakhstan January 5, 2022. Pavel Mikheyev | Reuters Over the span of just two days, what began as protests over spiking fuel prices have snowballed into the most serious unrest the Central Asian nation of Kazakhstan,

The Linde AG logo on a liquid hydrogen tanker truck taking a fuel delivery at the Linde hydrogen plant in Leuna, Germany, on Tuesday, July 14, 2020. Rolf Schulten | Bloomberg | Getty Images Hydrogen is the simplest element, and the most abundant substance in the universe. When hydrogen burns, it generates energy in the

Sarayut Thaneerat | Moment | Getty Images Victims of the $200 million BitMart hack say that five weeks have passed since the crypto exchange vowed to return their money, but many still haven’t seen a dime. “I’m not one to bitch and moan a lot,” said Paul DeLong, a business owner in Austin. “BitMart, from

An artist rendering of Oklo’s Aurora powerhouse Image credit: Gensler Federal regulators have denied the application from Silicon Valley nuclear power start-up Oklo to build and operate its advanced nuclear reactor, dubbed Aurora, in Idaho. The Nuclear Regulatory Agency filed the decision on Thursday and cited lack of sufficient information about potential accidents and safety

Kazakh law enforcement officers gather in a square during a protest against LPG cost rise following authorities’ decision to lift price caps on liquefied petroleum gas in Almaty, Kazakhstan January 5, 2022. Pavel Mikheyev | Reuters Rising food and fuel prices pose serious challenges for emerging market countries, according to one economics risk analyst, who

As the Central Asian nation of Kazakhstan plunged into chaos this week, an internet shutdown hit the world’s second-biggest bitcoin mining hub, in yet another blow to miners searching for a permanent and stable home. Less than a year ago, China banished all of its cryptocurrency miners, many of whom sought refuge in neighboring Kazakhstan.

In this article DAI-DE TSLA A Tesla Model 3 photographed in London, England, on May 16, 2019. John Keeble | Getty Images News | Getty Images LONDON — A record 190,727 new battery electric cars were registered in the U.K. last year, according to figures released on Thursday, with Tesla’s Model 3 the best-selling battery

In this article VOW3-DE TSLA DAI-DE Fred De Noyelle /GODONG | The Image Bank Unreleased | Getty Images Daimler has released details of a concept electric vehicle which uses solar technology and bio-based materials, with the German automotive giant saying it has a range of over 1,000 kilometers (around 621 miles) on one charge. The

A gas cooker is seen in Boroughbridge, northern England. Nigel Roddis | Reuters LONDON — Europe is facing continued volatility in its wholesale gas markets, prompting concerns across the region that an energy crisis could be about to get even worse. The front-month gas price at the Dutch TTF hub, a European benchmark for natural

A worker in an oil field developed by Almetyevneft, an oil and gas production board (NGDU) of Tatneft. Yegor Aleyev | TASS | Getty Images An influential group of some of the world’s largest oil producers will meet on Tuesday to discuss the next phase of output policy as energy investors weigh the potential impact

In this article SIL-IN When Elon Musk unveiled the Tesla Solar Roof in 2016, it was the first that many people had heard of solar shingles. But the idea of a roofing product that can both generate energy and blend in with regular asphalt shingles has been around for decades. Companies from Dow Chemical Company

A healthcare worker administers a COVID-19 PCR test at a free test site in Farragut Square on December 28, 2021 in Washington, DC. Anna Moneymaker | Getty Images A Covid-19 outbreak on a cruise in Lisbon. Thousands of flights canceled. Colleges going remote again. It’s a new year but the pandemic continues to cause many

In this article TSLA A solar panel is displayed on a wall near signage at the entrance of the new Tesla Inc. showroom in New York. Mark Kauzlarich | Bloomberg | Getty Images While Tesla CEO Elon Musk has said he would prefer to stay out of politics, and that he opposes all subsidies, his

U.S. oil production is back and set to increase in 2022 after more than a year of OPEC and its allies “running the show,” according to Daniel Yergin, vice chairman of IHS Markit. Output could rise by as much as 900,000 barrels per day, he told CNBC’s “Squawk Box Asia” on Wednesday. U.S. oil firms

Extinction Rebellion climate activists take part in a Rise and Rebel march organised to coincide with the end of, and anticipated failure of, the COP26 climate summit on 13th November 2021 in London, United Kingdom. Mark Kerrison | In Pictures | Getty Images Climate activists and campaign groups are pursuing an abrupt end to the

In this article RWE-DE EQNR-NO As technology develops, the size of wind turbines is getting bigger. Owaki/Kulla | The Image Bank | Getty Images Plans for three major offshore wind developments in Australia have been announced, with two of them set to incorporate floating wind technology. In a statement Wednesday, Madrid-headquartered BlueFloat Energy said it

Nederland, Colorado resident Nick Emery clears mountains of snow from his driveway on March 14, 2021. Helen H. Richardson | Denver Post | Getty Images It’s gearing up to be an expensive winter, especially for those grappling with rising heating costs. In the last year, about 20% of Americans struggled to pay their energy bill

The high price of gasoline is displayed at a Los Angeles gas station on November 24, 2021. Chris Delmas | AFP | Getty Images A popular trick at gas stations this fall is to slap a sticker featuring President Joe Biden pointing to the price per gallon and saying, “I did that.”  But the real

RgStudio | E+ | Getty Images Just in time for winter travel, gas prices are ticking up again. Nationwide, the average price for a gallon of gas is $3.34, up 2 cents from a week ago, according to GasBuddy.com. However, that’s down from about $3.43 a month ago. Average prices range from about $2.84 in

In this article BP.-GB ENR-DE SRG-IT Sutad Watthanakul | EyeEm | Getty Images Solar business Lightsource bp is to partner with Portugal’s Dourogas on a number of projects centered around green hydrogen production. In a statement Thursday, Lightsource bp — which oil and gas giant BP has a 50% stake in — said the partnership

This image shows part of Northern Ireland’s coastline. Matthew Leebody / EyeEm | EyeEm | Getty Images A consortium consisting of business and academia has been established with the aim of developing deep geothermal energy projects in Northern Ireland, in what represents the latest step forward for the sector in the U.K. The consortium, called

This image shows a turbine at the Hornsea 2 offshore wind farm, in waters off the east coast of England. Orsted The Hornsea 2 offshore wind farm has produced its first power, Danish energy firm Orsted has said, with the announcement representing a significant milestone in the facility’s development. Situated in waters around 89 kilometers