Environment

In this article RY4C-IE The CEO of Ryanair has acknowledged the need for ambitious sustainable aviation fuel targets while also expressing concerns about how food prices could be affected. During a discussion at CNBC’s Sustainable Future Forum on Wednesday, Michael O’Leary said his firm was investing “a lot of money” with Trinity College Dublin on
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Jet fuel prices are rising to levels not seen since before the Covid pandemic and it’s set to drive up airfares, United Airlines CEO Scott Kirby said Wednesday. “Higher jet-fuel prices lead to higher ticket prices,” Kirby told CNBC’s “Squawk on the Street.” “Ultimately, we’ll pass that through.” United forecast average fuel costs of $2.39
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Tesla CEO Elon Musk and Christian Democratic Union (CDU) party leader Armin Laschet visit the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla CEO Elon Musk has said the fundamental good the electric car maker does will be measured in the acceleration of the world
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WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today awarded nearly $40 million to 40 projects that are advancing the next generation of solar, storage, and industrial technologies necessary for achieving the Biden–Harris administration’s climate goal of 100% clean electricity by 2035. Specifically, the projects will reduce the cost of solar technologies by increasing
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Empty shelves that usually stock bottled water at Sainsbury’s supermarket, Greenwich Peninsular, on September 19, 2021 in London, England. Chris J Ratcliffe | Getty Images The U.K. has emerged from the Covid-19 pandemic to find itself faced with an onslaught of new economic crises that have left the country in “a precarious position,” experts have
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Andrew Forrest’s Fortescue Future Industries has bought a majority stake in technology group HyET. Its “Powerfoil” solar technology is described as extremely lightweight (5% of the weight of traditional glass panels), and with a significantly lower levelized cost of energy. HyET is also invested in hydrogen electrolyser technology. “The electrically active layers consist of SnO2:F,
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Here’s the thing about renewables like wind and solar that many people don’t get. The “fuel” that makes them work is free. That is not to say the devices we construct to harvest energy from wind and solar don’t cost anything and don’t contribute some greenhouse gas emissions. But let’s not pretend that somehow all
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Courtesy of RMI.By Ryan Shea & Russell Mendell Through the Justice40 Initiative, President Biden has made clear that bringing clean energy benefits to marginalized and low-income communities is a priority. Right now, low-income households experience up to three times higher energy burden (the percent of household income spent on energy costs) than high-income households. Rooftop solar is one of
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The growing supply of environmental, social and governance-related exchange-traded funds won’t be enough to meaningfully mitigate broad issues such as climate change, Van Eck Associates’ CEO says. “ESG is good as a coherent investment approach on a fund-by-fund basis to make a difference and it’s good signaling, but to put it in perspective, it’s not
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By Samantha Wilt, Senior Policy Analyst, Climate & Clean Energy Program The landmark Climate Leadership and Community Protection Act’s (CLCPA) ambitious goal to reduce greenhouse gas emissions 85% by 2050 will require a  transformation of the power, transportation and building sectors. As highlighted in the New York State Energy Research and Development Authority’s (NYSERDA) recently released draft Carbon
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