Environment

In this article GE General Electric CEO Larry Culp said Tuesday that management will move as quickly as it can to split up into three companies but it will focus on doing it right. The industrial giant announced earlier in the day that it would break up into three businesses focused on aviation, health care

Investors may see a satisfying ending to 2021. According to Canaccord Genuity’s Tony Dwyer, extreme optimism and strong historical trends should offset overbought conditions in the market. The result: A record finish. “The internals of the market are still pretty sound,” the firm’s chief market strategist told CNBC’s “Trading Nation” on Monday. The Dow, S&P

Donald Trump’s former energy secretary on Sunday attacked the Biden administration’s energy policies, linking them to inflation and claiming that restrictions on the U.S. oil industry and rising costs at home could lead to “disaster.” Energy prices have leaped globally in the last three months. Natural gas has soared almost 600% this year, and international

Workers sort coal near a coal mine in Datong, China’s northern Shanxi province on November 3, 2021. Noel Celis | AFP | Getty Images BEIJING — China imported nearly twice as much coal in October as it did a year ago, despite signs the country’s power shortage is easing, according to customs data released Sunday.

In this article FSLR First Solar Inc. Source: First Solar First Solar‘s net sales declined during the third quarter, the company said Thursday, amid ongoing supply chain issues. Shares of First Solar slid as much as 2% in after hours trading following the quarterly report. Here’s how the company did versus analysts’ expectations, as compiled

              Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks via video link during a virtual emergency meeting of OPEC and non-OPEC countries, following the outbreak of the coronavirus disease (COVID-19), in Riyadh, Saudi Arabia April 9, 2020. Saudi Press Agency | Reuters Forgive senior Saudi officials for their head-scratching in response to

LONDON — U.S. Energy Secretary Jennifer Granholm has called on oil-producing nations to immediately increase crude supplies to mitigate the surging cost of living. On Thursday, oil cartel OPEC and its allies agreed to continue with their current output plan, deciding against loosening the taps despite U.S. pressure to help cool the market. Oil prices have

British Prime Minister Boris Johnson and U.S. President Joe Biden react during the “Accelerating Clean Technology Innovation and Deployment” session during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain November 2, 2021. Jeff J Mitchell | Reuters GLASGOW, Scotland — Climate campaigners and environmental activists have sharply criticized the organization of the COP26

LONDON — Renewables have an important role to play when it comes to ensuring energy security and safeguarding against the price fluctuations associated with fossil fuels, according to the U.S. energy secretary. Speaking to CNBC’s Steve Sedgwick at the COP26 climate change summit on Friday morning, Jennifer Granholm emphasized the importance of diversifying “into clean

India’s Prime Minister Narendra Modi speaks at the World Leaders’ Summit “Accelerating Clean Technology Innovation and Deployment” session at the COP26 Climate Conference in Glasgow, Scotland on November 2, 2021. Jeff J Mitchell | AFP | Getty Images India’s road to net zero carbon emissions will be long and challenging — while it’s not impossible,

Oil pumping jacks, also known as “nodding donkeys,” operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Andrey Rudakov | Bloomberg | Getty Images Oil prices have hit their highest levels since 2014, and crude importing countries are feeling the pain. But despite diplomatic pressure, OPEC and its allies are unlikely

In this article SPWR A SunPower executive on site at the California Valley Solar Farm near Santa Margarita, Calif., in San Luis Obispo County. Michael Macor | San Francisco Chronicle | Hearst Newspapers via Getty Images SunPower shares dipped as much as 6% after the company reported third-quarter revenues that came shy of expectations and

Incorporating energy efficiency measures can reduce the amount of storage needed to power the nation’s buildings entirely with renewable energy, according to analysis conducted by researchers at the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL). As more communities plan to eventually rely on 100% renewable energy, the researchers offer a strategy that

In this article INTC A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan. Sam Yeh | AFP | Getty Images Computer chips may be in short supply, but the semiconductor industry’s carbon emissions are plentiful. The little pieces of silicon are vital in today’s technology-driven economies, but their impact on the

In this article BLK LONDON — Larry Fink, chair and CEO of BlackRock, says the so-called energy transition toward greener power has to be radically rethought and blasted oil firms for selling out to private companies. Speaking at the Green Horizon Summit chaired by CNBC’s Julianna Tatelbaum during the COP26 climate conference in Glasgow, Scotland,

[Editor’s note: It is good to remember that because many places, such as many parts of India, are behind in development, they are able to develop green infrastructure at a point before more damage is done. This is the one blessing of underdeveloped countries. As they play catchup in development, they can start more originally

The Basalt Vista community, nestled high in the mountains in Basalt, Colorado, is about to get a whole lot smarter in the pursuit of energy efficiency and renewable energy integration. The National Renewable Energy Laboratory (NREL) is installing its R&D 100 Award-winning foresee™ software in local homes to field-test smart energy management and community-level energy aggregation and

António Guterres, UN Secretary General, uttered those forthright remarks above in the opening speech to the COP26 climate summit in Glasgow. The mood was somber as dignitaries from across the world gathered to assess the state of the climate crisis and to commit to achieving additional zero emissions goals. In the midst of scrutiny and

BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020. BEN STANSALL | AFP | Getty Images Oil and gas giant BP beat third-quarter earnings expectations on Tuesday, fueled by surging energy prices. The British energy major posted an underlying replacement cost profit, a proxy for

Wind turbine blades might look elegant, even ballet-like, as they glide through the air. But, much like ballet, achieving that simple grace requires complex, advanced engineering. NREL researchers build a 13-m thermoplastic blade at NREL’s CoMET facility. Photo from the National Wind Technology Center at the NREL Flatirons Campus. (Photo by Ryan Beach / NREL)

GLASGOW, SCOTLAND – NOVEMBER 01: Indian Prime Minister Narendra Modi presents his national statement on day two of COP26 at SECC on November 1, 2021 in Glasgow, United Kingdom. 2021 sees the 26th United Nations Climate Change Conference. Pool | Getty Images News | Getty Images LONDON — Some of the world’s largest polluters were

An oil pump jack in a field with wind turbines in Corpus Christi, Texas, U.S., Friday, Feb. 19, 2021. Eddie Seal | Bloomberg | Getty Images A day-long Congressional hearing on ‘climate disinformation’ on Thursday, where executives of some of the world’s largest oil companies defended themselves against lawmakers, ended with House Oversight and Reform

Every time I write about solar vehicles, I get the same thing from people in the comments and on social media, like: “That’s a stupid gimmick that’ll add like a mile a day.” “What a joke. That can’t even run the air conditioning.” While these statements have been true for decades, solar technology and EV

A crowded bar in Paris’ 6th Arrondissement as Parisians embrace the lifting of Covid-19 restrictions as cafes and restaurants across France re-open for the first time in over 6 months. Kiran Ridley | Getty Images News | Getty Images Euro zone inflation hit a new 13-year high in October, as the currency bloc battles surging

Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters DUBAI, United Arab Emirates — Saudi Arabia’s oil giant Aramco posted a stunning 158% increase in third quarter net income to $30.4 billion dollars, as the world’s largest oil companies continue to benefit from the reopening

A few weeks ago, right-wing media site NewsMax ran a piece centered around an out-of-context Elon Musk quote. “If we shift all transport to electric than electricity demand approximately doubles … this is going to create a lot of challenges with the grid,” NewsMax quoted Musk as saying, before going on to scare readers about

LONDON — World leaders are under huge pressure to outline how they plan to reduce emissions and mitigate climate change at one of the most important diplomatic summits in history. The major climate event, known as COP26, will take place in Glasgow, Scotland from Sunday through to Nov. 12. It was initially scheduled to be

Brian D. Rasmussen, who works with port constructions and the environment at the Port of Aalborg, has skillfully accomplished a fresh new use for a wind turbine. He recently wrapped up the recycling of a wind turbine in service to zero-footprint travelers, bicyclists. Through reinventing the purpose of the wind turbine, adapting a spent turbine,

In this article CVX Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Chevron said Friday that it generated the highest free cash flow on record during the third quarter as surging commodities prices and lower operational costs

In the ’70s, my travels quite frequently took me up the New England Highway in New South Wales and through the town of Muswellbrook. At night, I was astonished to see what looked like a massive cruise liner all lit up sitting in the middle of a tumultuous sea of coal. Quite spectacular. At the

A recent check of the live feed from the NEM showed Australian wind generations’ small but increasing contribution to the grid. One discovery I made was that there did appear to be a time when the wind didn’t blow. Angus and Barnaby would be glad about that. The largest states by population (and energy use)

In this article AMZN Sean Hannon | iStock | Getty Images A 50-megawatt onshore wind farm in Scotland is now operational, and tech giant Amazon will purchase all of its output. According to ScottishPower — which is part of the Iberdrola Group — the Beinn an Tuirc 3 facility has 14 turbines and is able

Australia and the Middle East have the greatest potential to be major exporters of “green” hydrogen in the coming years, according to an analysis by energy consultancy Wood Mackenzie. Green hydrogen is produced using renewable energy instead of fossil fuels. It can be used as a clean power source for sectors such as manufacturing and