Environment

A 3d digital rendering of a metal hydrogen pipeline. Phonlamaiphoto | Istock | Getty Images President Joe Biden and Secretary of the U.S. Department of Energy Jennifer Granholm will announce on Friday seven regional “hydrogen hubs” which are collectively eligible for up to $7 billion in federal funding, according to senior White House administration officials.

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. equities moved lower in midmorning trading Friday, with the S & P 500 down 0.2% and the Nasdaq Composite down 0.68%. Jim Cramer said that the market is

In this article DUK NEE Follow your favorite stocksCREATE FREE ACCOUNT A rendering of a hydrogen energy storage gas tank for clean electricity solar and wind turbine facility.3d rendering Vanit Janthra | Istock | Getty Images One of the most generous tax credits in Biden’s landmark climate bill, the Inflation Reduction Act, is the production

Bloomberg | Getty Images Oil prices on Friday rose 4% after the U.S. tightened sanctions against Russian crude exports, exacerbating supply concerns in an already tightly balanced energy market. International benchmark Brent crude futures with December expiry traded 3.9% higher at $89.34 per barrel at around 6:25 a.m. ET, while front-month November U.S. West Texas

Caroline Ellison, former chief executive officer of Alameda Research LLC, leaves Manhattan Federal Court after testifying during the trial of FTX CEO Sam Bankman-Fried, on October 10, 2023 in New York City.  Michael M. Santiago | Getty Images In an all-hands meeting on the evening of Nov. 9, 2022, Alameda Research employees gathered in a

In this article @SM.1 @S.1 @BO.1 GT Follow your favorite stocksCREATE FREE ACCOUNT Soybeans have become a cornerstone of American agriculture, contributing $124 billion to the U.S. economy in 2022, according to a study conducted by the National Oilseed Processors Association and the United Soybean Board. “Soybeans’ contribution to the U.S. economy is only increasing

Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. Bloomberg | Bloomberg | Getty Images The International Monetary Fund has raised its growth forecast for India, saying the country’s growth will remain strong in 2023 and 2024 — but analysts warn there will be headwinds

In this article XOM PXD Follow your favorite stocksCREATE FREE ACCOUNT Scott Sheffield, CEO of Pioneer Natural Resources. Adam Jeffery | CNBC Pioneer Natural Resources CEO Scott Sheffield said oil prices could move a lot higher if Iran gets involved in Hamas‘ war on Israel. “If Iran enters the war, we’re going to see much higher oil prices,

Workers install solar panels during the completion phase of a 4-acre solar rooftop atop AltaSea’s research and development facility at the Port of Los Angeles, in the San Pedro neighborhood, on April 21, 2023 in Los Angeles, California. Mario Tama | Getty Images California Gov. Gavin Newsom on Saturday gave the greenlight for the state’s

In this article BAC 2007-HK Follow your favorite stocksCREATE FREE ACCOUNT Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up

Lawyers for the U.S. Attorney’s office entered into evidence a series of photos featuring the $35 million penthouse where Sam Bankman-Fried and his fellow co-workers resided. Source: SDNY Sam Bankman-Fried has traded a luxury penthouse in the Bahamas for a decidedly different top-floor setting: a criminal courtroom in downtown Manhattan. He’s roughly 1,100 miles away

Lights illuminate the processing plant at the Persian Gulf Star Co. (PGSPC) gas condensate refinery in Bandar Abbas, Iran, on Wednesday, Jan. 9. 2019. Bloomberg | Bloomberg | Getty Images Oil prices jumped 4% as the Israel-Hamas conflict extended into its third day following a surprise attack on Israel by Palestinian militants Hamas. Global benchmark

Children are seen in a destroyed house after Israeli attacks in Gaza City, Gaza on October 07, 2023. Mustafa Hassona | Anadolu Agency | Getty Images From being labeled “Israel’s 9/11,” to the culmination of a “50-year time bomb,” political analysts are reacting to the Israel-Hamas conflict and contemplating what happens next as the fighting

Palestinian Islamist group Hamas launched an unprecedented surprise attack on Israel on Saturday, the largest in decades. Gunman infiltrated areas of southern Israel from the Gaza Strip, with Israeli Prime Minister Benjamin Netanyahu declaring: “We are at war.” Dozens of people have reportedly been killed with hostages taken back to the Gaza Strip. Tel Aviv

A customer inspects a Tesla Motors Inc. Powerwall unit inside a home. Ian Thomas Jansen-Lonnquist | Bloomberg | Getty Images After a summer of extreme weather and wildfires and now during the peak of hurricane season, the power going out again is becoming familiar to more Americans. That means it may be a good time

Witness Adam Yedidia answers questions during Sam Bankman-Fried fraud trial over the collapse of FTX, the bankrupt cryptocurrency exchange, at Federal Court in New York City, October 5, 2023, in this courtroom sketch. Jane Rosenberg | Reuters Two of Sam Bankman-Fried’s former friends from MIT, who also worked at crypto exchange FTX while living with

From February 5, 2023, the European Union will no longer purchase petroleum products such as diesel, gasoline or lubricants from Russia. Picture Alliance | Picture Alliance | Getty Images Russia’s government on Friday said it had withdrawn a ban on diesel exports delivered to sea ports via pipelines, removing a large chunk of restrictions it

Pope Francis photographed on August 9, 2023, in Vatican City. Vatican Pool | Getty Images News | Getty Images Pope Francis issued a stark reminder about the effects of climate change on Wednesday, warning that “the world in which we live is collapsing and may be nearing the breaking point.” “Despite all attempts to deny,

An off-shore oil platform off the coast in Huntington Beach, California on April 5, 2020. Leonard Ortiz | MediaNews Group | Orange County Register | Getty Images It’s been a war of words and numbers between two major players in the energy industry – the International Energy Agency and OPEC – as they spar over

Sam Bankman-Fried Trial appears at Federal Court in New York on Oct. 4th, 2023. Artist: Claudia Johnson Marc-Antoine Julliard typically trades cocoa beans. But in the spring of 2021, the London-based commodities broker decided to diversify into cryptocurrency trading. His platform of choice was FTX. Two years later, Julliard stood as the prosecution’s first witness