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In this article GM Follow your favorite stocksCREATE FREE ACCOUNT BrightDrop CEO Travis Katz says he’s “charged up” about 2023 and the forecast for the General Motors EV unit to top $1 billion in revenue in 2023. The announcement, tied to General Motors’ investor day on Thursday, is the first time BrightDrop has released revenue

In this article SGRE-ES ENR-DE Follow your favorite stocksCREATE FREE ACCOUNT Wind turbine blades photographed at a Siemens Gamesa facility in Hull, England, in January 2022. Paul Ellis | AFP | Getty Images The CEO of Siemens Energy on Wednesday argued that the energy transition would fail unless his industry addressed a number of issues

In this article FSLR Follow your favorite stocksCREATE FREE ACCOUNT A worker builds frames for solar panels at First Solar in Perrysburg, Ohio July 8, 2022. Megan Jelinger | Reuters First Solar said Wednesday that it has selected Alabama as the site for its fourth U.S. solar panel manufacturing facility, after the Inflation Reduction Act

Samuel Bankman-Fried’s poster in downtown San Francisco. MacKenzie Sigalos | CNBC The Kimchi Swap put Sam Bankman-Fried on the map. The year was 2017, and the ex-Jane Street Capital quant trader noticed something funny when he looked at the page on CoinMarketCap.com listing the price of bitcoin on exchanges around the world. Today, that price

In this article ENR-FF BP Follow your favorite stocksCREATE FREE ACCOUNT This image shows part of a green hydrogen facility in Spain. A number of major economies, including the EU, are looking to develop green hydrogen projects in the coming years. Angel Garcia | Bloomberg | Getty Images Plans for an Australian “super hub” focused

World leaders are kicking off a meeting Tuesday on the holiday island of Bali, Indonesia as the global economy grapples with a looming recession, central banks’ jumbo rate hikes and historically high inflation. The annual meeting of leaders from the world’s major economies, known as the Group of 20 nations, is also taking place as

Gas prices have soared to record levels over the last year as higher global demand has been intensified in Europe. Sean Gladwell | Moment | Getty Images LISBON, Portugal — The U.K. should embark on a “vaccination-style” effort to address surging energy prices and prevent future energy crises from happening, according to the boss of

In this article EQNR-NO EQNR Follow your favorite stocksCREATE FREE ACCOUNT Offices of Equinor photographed in Feb. 2019. Equinor is one of several companies looking at developing floating wind farms. Odin Jaeger | Bloomberg | Getty Images A facility described as the world’s largest floating wind farm produced its first power over the weekend, with

In this article .SPX Follow your favorite stocksCREATE FREE ACCOUNT This may be the year for active managers investing heavily in the energy space — and commodity trading advisors, known as CTAs, appear to be among the winners. Dynamic Beta Investments’ Andrew Beer is in the space. He co-runs the iMGP DBi Managed Futures Strategy

Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021. Lam Yik | Bloomberg | Getty Images As Sam Bankman-Fried’s FTX enters bankruptcy protection, Reuters reports that between $1 billion to $2 billion of customer funds have vanished from the failed crypto exchange. Both Reuters and The

In this photo illustration, the FTX website is seen on a computer on November 10, 2022 in Atlanta, Georgia. Binance, the world’s largest cryptocurrency firm, agreed to acquire FTX, another large cryptocurrency exchange, in a rushed sale in order to prevent a liquidity crisis, which is known as the “Lehman Moment” in the crypto industry.

An attendee wears a “Will Work for NFTs” shirt during the CoinDesk 2022 Consensus Festival in Austin, Texas, US, on Thursday, June 9, 2022. The festival showcases all sides of the blockchain, crypto, NFT, and Web 3 ecosystems, and their wide-reaching effect on commerce, culture, and communities. Jordan Vonderhaar | Bloomberg | Getty Images A

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022. Jeenah Moon | Bloomberg | Getty Images Sam Bankman-Fried’s cryptocurrency exchange FTX has filed for Chapter 11 bankruptcy protection in the U.S.,

People shop for bread at a supermarket in Monterey Park, California on Oct. 19, 2022. Frederic J. Brown | Afp | Getty Images Inflation was cooler than expected in October, although household staples such as shelter, food and energy remained among the largest contributors to consumer prices still rising at a historically fast pace, the

FTX’s U.S. website says trading “may be halted” in a few days after the parent company spiraled toward collapse this week from a liquidity crisis. “Please close down any positions you want to close down,” FTX U.S. said in an announcement on its site on Thursday. “Withdrawals are and will remain open. We will give

The sharp jump in attendees associated with some of the world’s biggest polluting oil and gas giants at COP27 is thought to reflect the rise in the influence of the fossil fuel industry to shape the debate. Ahmad Gharabli | Afp | Getty Images SHARM EL-SHEIKH, Egypt — More than 600 fossil fuel industry delegates

Binance is backing out of its plans to acquire FTX, the company said Wednesday, leaving Sam Bankman-Fried’s crypto empire on the verge of collapse. The reversal comes one day after Binance CEO Changpeng Zhao announced that the world’s largest cryptocurrency firm had reached a non-binding deal to buy FTX’s non-U.S. businesses for an undisclosed amount, rescuing the

A lithium-ion battery photographed at a Volkswagen facility in Germany. Lithium-ion batteries are crucial components in electric vehicles. Jan Woitas | Picture Alliance | Getty Images LONDON — A facility described as the U.K.’s “first large-scale lithium refinery” will be located in the north of England, with those behind the project hoping its output will

FTT, the token native to crypto exchange FTX, lost most of its value after rival Binance, the world’s largest cryptocurrency firm, announced plans to acquire the company. The coin traded at around $22 on Monday and sank below $5 Tuesday afternoon in New York. The selloff wiped out more than $2 billion in value in

The COP27 climate conference represents an opportunity to move forward, but a significant ramping up of efforts will be required in the years ahead, according to a former special assistant to President Barack Obama. Speaking at CNBC’s Sustainable Future Forum last week, Alice Hill was asked if she was optimistic or very concerned about the