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...
Tag: renewable energy
Reports Of My Death Have Been Greatly Exaggerated (apologies To Mark Twain)
An Early Colliery Locomotive’, circa 1930. From ‘The Splendid Book of Locomotives’, by C. Gibbard … [+] Jackson. [Sampson Low, Marston Co Ltd London, circa 1930]. Artist Unknow...
Energy markets facing ‘one or two years of extreme volatility’: CEO
This image, from March 2022, shows wind turbines and gas storage facilities in Germany. Europe’s energy markets have experienced turbulence in recent months. Jan Woitas | Picture Alliance | Gett...
Renault plans to harness geothermal energy and help heat plant
A Renault logo photographed in Bavaria, Germany. The French automotive giant says it’s targeting carbon neutrality in Europe by 2040 and globally by 2050. Igor Golovniov/Sopa Images | Lightrocke...
After years as nuclear powerhouse, France makes play in offshore wind
This image, from Sept. 2022, shows French President Emmanuel Macron speaking with workers on board a boat during a visit to the Saint-Nazaire Offshore Wind Farm. Stephane Mahe | AFP | Getty Images A f...
Offshore floating desalination plant aims to produce drinking water from the ocean
Ocean Oasis’ Gaia system has been designed to use wave power to desalinate water. Ocean Oasis Plans to use marine energy to desalinate water received a further boost this week, after a Norwegian...
Billionaire George Soros Punishes Rivian
George Soros is betting on the auto industry. The billionaire continues to invest in this sector, which is in the process of abandoning gas cars in favor of electric cars, while public policies in Eu...
Billionaire George Soros Embraces Ford
The automobile sector is of particular interest to George Soros. The legendary investor has invested a lot of money in this industry, which is in full transformation towards electric vehicles. Soros ...
Mercedes Draws a Secret Weapon Against Tesla
Mercedes-Benz knows it has to act fast, if the legacy carmaker doesn’t want to be knocked out of the crucial electric vehicle market. The German brand is battling Tesla (TSLA) – Get Free ...
‘Indiscriminate use of hydrogen’ could slow energy transition: Report
Hydrogen has a diverse range of applications and can be deployed in a wide range of industries. Aranga87 | Istock | Getty Images Hydrogen use by the G-7 could jump by four to seven times by the middle...
Energy transition will fail unless wind power fixes problems: CEO
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 transitio...
Firms plan Australian ‘super hub’ to produce green hydrogen
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...
The ‘world’s largest floating wind farm’ produces its first power
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...
Renault is betting the market for gasoline cars will continue to grow
Renault sees the internal combustion engine continuing to play a crucial role in its business over the coming years, according to a top executive at the French automotive giant. On Tuesday, it was a...
Taxation is a blunt instrument, IATA chief Willie Walsh says
The aviation industry requires more carrot and less stick going forward to become more sustainable, according to the director general of the International Air Transport Association. Speaking at CNBC&#...
Middle East And Central Asia Face Renewable Energy Bill Of Up To $884 Billion, Says IMF
Solar panels with sunset and blue sky background. Clean power energy concept getty Countries in the Middle East and Central Asia may have to spend $884 billion on developing renewable energy plants be...
CEO says regulation needed to keep firms in line on sustainability
The last few years have seen huge swathes of companies make net-zero commitments and other sustainability-related goals. Shansche | Istock | Getty Images Companies need regulation and greater accounta...
Wave energy device put through its paces during trials in Scotland
The Waveswing wave energy converter photographed in Scapa Flow, Orkney. EMEC Sea-based trials of a wave energy converter weighing 50 metric tons have produced “highly encouraging results,”...
Top 5 Renewable Energy Stocks For Q4 2022
| Getty Images Key Takeaways The renewable energy industry stands to gain from the $369 billion allocated toward funding green energy in the Inflation Reduction Act. Renewable energy companies should ...
Climate Tech Startup Helps Disaster Recovery With Mobile Renewable Energy Grid
With Sesame Solar communities quickly have a clean, renewable, mobile energy source to help them on … [+] the road to recovery. getty The global market for climate tech was $13.8 billion in 2021...
Energy sector needs firms with mentality of Tesla to move forward: CEO
The energy sector requires new companies with the mentality of a Tesla or Amazon to push forward in the years ahead, according to the ex-CEO of energy infrastructure powerhouse Snam. “It took a ...
We’ll continue to invest in hydrocarbons: BP CEO
BP CEO Bernard Looney photographed in Texas on March 8, 2022. During a panel discussion on Oct. 31, 2022, Looney said his firm’s strategy was to “to invest in hydrocarbons today, because t...
Oil is all that Putin has left, presidential advisor Amos Hochstein says
Amos Hochstein photographed in Beirut, Lebanon, on October 27, 2022. Hussam Shbaro | Anadolu Agency | Getty Images Oil is all Russia’s economy has left following its invasion of Ukraine earlier ...
Africa’s Chance To Break From Climate Colonialism
French colonial empire under the 3rd Republic, Madagascar, Mr. Le Myre de Villers in Tananarive, … [+] 1894, France – Colonization. (Photo by: Photo12/Universal Images Group via Getty Imag...
EU pushes ahead with plan to ban new diesel, gasoline cars
An electric car being charged in Germany. The European Union is moving forward with plans to ramp up the number of EVs on its roads. Tomekbudujedomek | Moment | Getty Images The EU’s plans to ph...
Clean energy investment may hit $2 trillion a year by 2030: IEA
Wind turbines photographed off the coast of Wales. Clean energy investment could be on course to exceed $2 trillion per year by 2030, according to the International Energy Agency. Ben Birchall | PA Im...