This image, taken in March 2021, shows the site where the new facility would be developed. Christopher Furlong | Getty Images News | Getty Images LONDON — Plans for a deep coal mine in the northwest o...
Tag: Energy
New evidence 52.2% of Bitcoin Network uses clean energy
ClimateTech Vice Chair Daniel Batten’s recent analysis revealed that 29 mining companies constitute 16.48% of the whole Bitcoin (BTC) network and run on 90-100% clean energy. This percentage also show...
Indonesian Coal Billionaire Low Tuck Kwong Mines Super-Profits To Become The Country’s Second Richest Person
This story is part of Forbes’ coverage of Indonesia’s Richest 2022. See the full list here. Bayan Resources’ Low Tuck Kwong, whose wealth jumped nearly fivefold in the past year, is confident that coa...
The ‘best country in the world’ is planning to ban electric cars amid the energy crisis. Is it time to revisit oil stocks? Here are 3 big plays
Winter is coming: The ‘best country in the world’ is planning to ban electric cars amid the energy crisis. Is it time to revisit oil stocks? Here are 3 big plays Electric vehicles have bec...
By The Numbers: How Much Energy Did The Ethereum PoS Merge Save?
Ethereum completed the switch to a Proof-of-Stake consensus system earlier this year, here’s how much energy is being saved thanks to the Merge. Ethereum PoS Merge Reduced Energy Consumption By 99.84%...
How Wall Street Banks Will Reap Billions From Tax-Free Renewable Energy Bonds
One of the hottest trends in finance is prepaid muni bonds structured to help local utilities buy decades worth of renewable electricity. They’re good for the environment, but even better for the bank...
Energy partnership between U.S., Britain aims to ramp up LNG supplies
Rishi Sunak and Joe Biden photographed on the sidelines of the G20 Summit in Indonesia on Nov. 16, 2022. Saul Loeb | AFP | Getty Images LONDON — The U.K. and U.S. are forming a new energy partnership ...
Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ‘surprises’
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for financial markets, Standard Chartered outlin...
How Bitcoin Can Help Solar Energy Gain More Traction
HodlX Guest Post Submit Your Post Although solar continues to fall in price, it is still not as prominent as solar enthusiasts and environmentalists would prefer, given it is intermittent, making i...
Buy the Dip in Solar Stocks? Here’s Chart View on Some Market Stars.
Solar stocks in 2022 have been on fire, with many in the group acting as market leaders. It’s been a very difficult year broadly, but as far as sector performance goes, the clear bullish outlier has b...
You Won’t Believe How Low Gasoline is Likely to Go
Gasoline prices fell by $0.50 a gallon since November, giving consumers a reprieve into the holiday season. Prices have declined since early November with Americans saving a cumulative $200 million a ...
Renewables to be main source of electricity generation by 2025: IEA
Wind turbines in the Netherlands. A report from the International Energy Agency “expects renewables to become the primary energy source for electricity generation globally in the next three year...
Jamie Dimon says Ukraine war shows we still need cheap, secure energy from oil and gas
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images One key l...
Energy Stocks Are A Big Buy Right Now
Oil prices climbed on Monday morning after OPEC+ resolved on Sunday to stay the course on oil production cuts ahead of the implementation of a $60 price cap on Russian-origin crude oil negotiated by t...
Los Angeles bans oil and gas drilling within city limits
An oil pumpjack operates in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Los Angeles City Council has voted to ban new oil and gas drilling and...
European Leaders Are Right To Worry About America Sucking Up The World’s Clean-Energy Capital Investment
WASHINGTON, DC – AUGUST 16: U.S. President Joe Biden (C) signs The Inflation Reduction Act with … [+] (L-R) Sen. Joe Manchin (D-WV), Senate Majority Leader Charles Schumer (D-NY), House Ma...
Jim Cramer’s Investing Club meeting Monday: Oil sale, Starbucks
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 Monday’s key moments. Trimming HAL SBUX downgrade...
CMS Energy CFO Rejii Hayes: The C-Suite Interview
Rejii Hayes often shows up on top CFO lists as a strategic leader who’s adept at doing deals, managing multiple stakeholders and driving growth. Recruiters say he’s shown leadership during...
The energy war continues in Europe
Anyone following my work will know that I am quite bearish about the state of the economy in Europe. A big part of this is Putin’s stranglehold on the energy market. The weather may have helped somewh...
Quantum Computing’s Promise and Hurdles
To the Editor:Quantum computing is a fascinating topic (“Quantum Computing Will Change the World. How to Play the Stocks,” Cover Story, Nov. 25). I’m not sure what the ultimate payoff will be, even if...
A Clean Energy Fund’s Challenges, How Twitter Antics Hurt Tesla’s Brand And 30 Under 30 Innovators
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Tim Taddler for Forbes Earlier this week,...
Manitoba Has Halted New Crypto Mining Projects To Meet Rising Energy Demand
Due to the availability of cheap electricity in Canada, many miners plan to set up mining companies operations there. The Canadian province of Manitoba has enacted an 18-month moratorium on new crypto...
Toyota secures funding to develop hydrogen fuel cell version of Hilux
A Toyota logo displayed on a vehicle in Poland. The Japanese automotive giant started working on the development of fuel cell vehicles back in 1992. Artur Widak | Nurphoto | Getty Images LONDON — A co...
Rolls-Royce uses green hydrogen in jet engine test
LONDON — Plans to reduce the significant environmental effects of aviation took a step forward this week after Rolls-Royce and easyJet said they had carried out the ground test of a jet engine that us...
The World Wants Israel’s Energy And Environmental Innovations
Israeli Climate Envoy Gideon Behar meets with President Juan Manuel Moreno Bonilla of Andalucia at … [+] COP27. Ken Silverstein About 10 minutes into my interview with Israel’s special envoy for...
BlackRock Sees Opportunities in Energy and Healthcare Stocks in 2023
Navigating markets in 2023 demands a new investment playbook, one that favors the healthcare and energy sectors along with short-term government bonds and investment-grade credit, according to BlackRo...
Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand – Mining Bitcoin News
Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attract...
‘I Don’t Think Energy Policy Matters Much Over The Long Run’
Jesse Ausubel is one of America’s top thinkers on science and energy. In my 2007 interview with him, … [+] reprinted here, he said, “I do not think energy policy matters much over th...
Opinion: Five energy companies are seeing bullish stock buying from their own executives
Even though energy stocks are up 49% this year, executives keep buying their own companies’ shares. Does that make sense? Yes, for two reasons. Oil will trade a lot higher next year, and energy stocks...