A bucket-wheel reclaimer stands next to a pile of coal at the Port of Newcastle in Newcastle, New South Wales, Australia, on Monday, Oct. 12, 2020. David Gray | Bloomberg | Getty Images China is facing its worst power crisis in years due to a coal shortage. While Australia has the coal Beijing needs, the
Environment
Hydropower projects around the globe can now apply for financing to support the cost of assessment for certification against the newly launched Hydropower Sustainability Standard. A fund of up to US$1 million provided by the Swiss government and managed by the International Hydropower Association’s non-profit sustainability division is available to around 40 hydropower projects over
In this article TSLA CAR Jeff Greenberg | Universal Images Group | Getty Images The economics of the rental car industry give companies including Avis Budget Group and Enterprise Holdings multiple reasons to go slow on the adoption of electric vehicles. Just think of how much money they make every time a renter forgets to
Right now, the FAA is taking public comments for SpaceX’s environmental review of the upcoming Starship Orbital launch. While I generally support space exploration and hope SpaceX succeeds, it’s important to consider the environmental impacts of space activities and find ways to reasonably minimize the environmental impacts. Your support makes a big difference! Please let
Courtesy of RMI.By Heather House & Shelby Kuenzli On October 13, 2021, North Carolina Governor Roy Cooper signed into law the first major piece of climate legislation in the Tar Heel state in recent years. North Carolina House Bill 951 — Energy Solutions for North Carolina — was passed by both chambers of the North Carolina state legislature
For the marine shipping industry to cut its carbon footprint in half by 2050, promising technology will need to become reality, and efficiency gains will need to increase as well. Lucy Nicholson | Reuters Amazon and IKEA are among the major companies pushing the ocean shipping industry to adopt zero-carbon fuel sources for vessels by 2040.
Guest blog by Nitish Arora and Jessica Korsh India needs to exponentially increase the number of electric vehicle (EV) charging stations to power the potential 102 million EVs on the road in 2030. Reaching this target is essential to prevent a climate catastrophe and improve the unhealthy air quality for millions of Indians. A robust public charging network is essential for
In this article SRG-IT ENR-DE The CEO of Siemens Energy has spoken of the challenges facing the green hydrogen sector, telling CNBC that there was “no commercial case” for it at this moment in time. In comments made during a discussion at CNBC’s Sustainable Future Forum on Tuesday, Christian Bruch outlined several areas that would
Originally published by Union of Concerned Scientists, The Equation.By Julie McNamara, senior energy analyst with the Climate & Energy program at the Union of Concerned Scientists In April 2021, President Biden committed the United States to reducing its greenhouse gas emissions 50 to 52 percent below 2005 levels by 2030, in line with science-informed targets, in line with
A bulldozer parked near a coal mound on the grounds of the Peabody Energy Francisco coal mine in Francisco, Indiana, U.S., on Thursday, Sept. 23, 2021. Luke Sharrett | Bloomberg | Getty Images LONDON — As world leaders prepare for one of the most important climate summits ever held, U.N.-backed research shows governments are collectively
Originally published by Union of Concerned Scientists, The Equation.By Rachel Cleetus In the last week, Senator Manchin (D-WV) has become increasingly public with his opposition to the Clean Electricity Performance Program (CEPP), a policy designed to drive down power sector carbon emissions which is part of the reconciliation bill under consideration in Congress. With the vote margins so slim in Congress,
As states reach higher toward 100% renewable operation, energy storage will be key to enabling a more variable power supply. But no single technology will be a silver bullet for all our energy storage needs. Rather, a portfolio of storage solutions makes best economic sense for future energy systems, according to a recent National Renewable
Saudi Arabia’s finance minister has told CNBC that an “even worse” energy crisis could be triggered if the world is not careful with its climate policies. “If we are not careful about what we are doing to achieve our targets, we may end up having [a] very serious energy crisis like what we are seeing
Report by IRENA and ILO underscores the jobs potential of an ambitious climate strategy and calls for comprehensive policies in support of a just transition Renewable energy employment worldwide reached 12 million last year, up from 11.5 million in 2019, according to the eighth edition of Renewable Energy and Jobs: Annual Review 2021. The report was
Surrounded by local, state and national officials, California Governor Gavin Newsom speaks during a news conference at Bolsa Chica State Beach in Huntington Beach, site of the the recent offshore oil spill, on Tuesday, October 5, 2021. waters. Mark Rightmire | MediaNews Group | Orange County Register via Getty Images California Gov. Gavin Newsom on
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
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
The last 3 months have demonstrated a surge in solar installations in India. If this rate continues, coal-fired power could peak in 2024 and this increased solar generation could satisfy India’s increasing thirst for energy. After a dip in 2020 due to COVID, solar installations have quadrupled in the last three months — from a
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
The concept of “clean coal” is a scam, according to former Australian Prime Minister Malcolm Turnbull. Speaking with CNBC Tuesday as part of its Sustainable Future Forum, Turnbull said the idea of carbon capture and storage “simply doesn’t work” despite years of investments. “The proposition was that you would … effectively separate the CO2 from
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