Workers marry the body structure with the battery pack and the front and rear sub frames as they assemble electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitl...
Tag: Energy
Generac Stock Is Tumbling. Sales Have Slowed, and Inventory Is Piling Up.
The second half of the year isn’t going as well as standby-power company Generac Holdings expected. Channel inventories are hurting sales, and that is crushing shares. Still, there should be brighter ...
Takeaways from our daily meeting: Recession-proof stocks, Club names
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 Wednesday’s key moments. Hold onto recession-proo...
U.S. to provide millions in funding for tidal, river current systems
While there is excitement about the potential of renewable technologies such as tidal power, there are challenges when it comes to scaling up. Laro Pilartes / 500Px | 500Px | Getty Images The U.S. Dep...
New project will test the viability of large-scale wave energy
This image shows waters off the coast of Orkney, an archipelago north of the Scottish mainland that’s home to the European Marine Energy Centre. Capchure | Moment | Getty Images A 19.6 million e...
EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy – Mining Bitcoin News
Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been trying ...
Bitcoin mining now consumes 0.16% of the global energy production
In light of an ongoing debate over the impact that Bitcoin (BTC) mining has on the environment, the Bitcoin Mining Council (BMC) has presented new facts that assert how negligible this effect is. Inde...
Global Bitcoin mining consumes 0.16% of the world’s energy production, study finds
In light of an ongoing debate over the impact that Bitcoin (BTC) mining has on the environment, the Bitcoin Mining Council (BMC) has presented new facts that assert how negligible this effect is. Inde...
European Union To Introduce Blockchain Energy Efficiency Labels
5 hours ago | 2 mins read Bitcoin News The EU decided against a prohibition on proof-of-work crypto mining in March 2022. Some market players will be required to disclose their impact on the environme...
Tesla Humiliates Volkswagen, Mercedes – TheStreet
In the race for electric vehicles, every detail counts because it can make the difference. And there are often details that can give a significant psychological advantage to some of the players or un...
European Union Crafting Energy Efficiency Label for Cryptos
The executive body of the European Union is working to produce a metric that will express the energy efficiency of a cryptocurrency. In collaboration with international partners, the European Commissi...
How The EU Will Imposed Energy Labels On Bitcoin Miners
The European Commission (EC) released an update on the energy strategy to be adopted by the European Union in the coming years; this might bring significant changes for Bitcoin miners and crypto miner...
Crypto Mining May be Sacrificed as EU Continues to Battle Energy Crisis
The European Commission is preparing the minds of leaders in its member states as they may need to halt cryptocurrency mining on their shores should the strain on the energy industry in the region dem...
How Bad Is Europe’s Energy Problem? Better Than You Think
MANCHESTER, UNITED KINGDOM – JANUARY 03: A gas ring on a domestic stove powered by natural gas is … [+] seen alight on January 3. 2005, Manchester, England. Russia had decreased pressure i...
EU to release draft law clamping down on Bitcoin over energy consumption
The growth of Bitcoin (BTC) has been associated with high energy consumption over the years, with the flagship cryptocurrency receiving criticism for its carbon footprint. Consequently, regulators are...
Stellantis debuts electric Jeep, pledges new energy target
The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images The CEO of Stellantis told CNBC Monday that t...
New England Risks Winter Blackouts as Gas Supplies Tighten
Listen to article (2 minutes) New England power producers are preparing for potential strain on the grid this winter as a surge in natural-gas demand abroad threatens to reduce supplies they need to g...
J.P. Morgan’s Michael Cembalest Details The Elephants In The Energy Room
Electric power lines deep in the forest. Heavy rain clouds and mountains on the background. getty Every year for the last 12 years, Michael Cembalest, the Chief Investment Officer at J.P. Morgan asset...
This energy stock opened 50% up on Monday: here’s why
Archaea Energy Inc (NYSE: LFG) opened more than 50% up on Monday after BP plc (LON: BP) said it will buy the renewable natural gas producer for about $4.1 billion. Archaea shareholders to get a massiv...
BP Buys Renewable Natural-Gas Company in $4.1 Billion Deal
By Chris Wack Oct. 17, 2022 8:17 am ET Listen to article (1 minute) Archaea Energy said Monday it is being bought by BP PLC for $26 a share in cash, or a total enterprise value of $4.1 billion, includ...
Archaea Energy stock soars 51% premarket on news of takeover by BP in $4.1 billion all-cash deal
Archaea Energy Inc. LFG, -4.90% said Monday it has entered an agreement to be acquired by BP PLC BP, -2.63% for about $4.1 billion in cash including about $800 million of debt. The cash consideration ...
Higher Heating Bills Poised to Hit U.S. Households This Winter
High fuel prices have been a big driver of inflation, pumping up the cost of summer travel and air conditioning, and federal energy forecasters say that staying warm this winter will be more expensive...
Plug Power Stock Drops On Revenue Shortfall
Plug Power stock fell on Friday after the fuel-cell company said its annual revenue would be lower than expected because of supply-chain problems. Revenue for 2022 will be 5% to 10% lower than the $90...
The oil trade may have more juice despite a losing week
Even though WTI crude just saw its worst week in more than two months, the oil trade may have more juice left in the tank. Mirae Asset Securities’ Chris Hempstead told CNBC’s “ETF Ed...
Clean and Green Crypto Energy Consumption Could Be the Answer
Join Our Telegram channel to stay up to date on breaking news coverage There is one major impediment to the widespread adoption of cryptocurrency that advocates are working to overcome. The fact that ...
Everyone’s been waiting for a global recession and we might have just hit a ‘tipping point,’ major energy body says
Last week’s fateful decision by a coalition of petroleum-exporting nations to cut back on oil production could be the powder keg that sets off a global economic downturn, a global energy watchdog says...
A Hack to Make Solar Energy More Available
Ruth comes to this project, which is part of CoinDesk’s 2022 Web3athon, with a background in solar energy and renewables, having built large-scale solar power plants for the last decade. In 2021, his ...
Sony and Honda plan to start U.S. deliveries of their EV in 2026
Yasuhide Mizuno, the chairman and CEO of Sony Honda Mobility Inc., speaks during a news conference in Tokyo, Japan, on Oct. 13, 2022. Kiyoshi Ota | Bloomberg | Getty Images The Sony-Honda joint ventur...
McDonald’s, Qualcomm, Agree Realty, Zoetis, NextEra Energy
Today, McDonald’s Board of Directors declared a quarterly cash dividend of $1.52 per share of common stock payable on December 15, 2022 to shareholders of record at the close of business on Dece...
Generac stock rocked after profit warning due to weakness in home generator business
Shares of Generac Holdings Inc. suffered a record selloff on Wednesday after the manufacturer of home generators and solar equipment issued an earnings warning and cut its growth outlook, citing press...