Steam is vented through exhaust stacks at Great River Energy’s Coal Creek Station in North Dakota. Some of the largest banks in the U.S. have cut back on lending to the coal sector in recent years, but they need to do much more to lower the climate risk in their loan portfolios, a new report
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Wired senior staff writer Cade Metz and Arvind Krishna, then senior vice president and director at IBM Research, speak onstage at the Wired Business Conference in New York on June 16, 2016. Brian Ach | Wired | Getty Images Shares of IBM fell slightly in extended trading on Monday after the company released third-quarter earnings
October 19th, 2020 by Tina Casey Hey, does anybody remember FutureGen? The billion-dollar showcase for cutting edge carbon capture technology was supposed to be the salvation of the US coal industry, only things turned out differently. The project was mothballed back in 2015, and nowadays the US is taking a long, hard look at energy
The government has given Greater Manchester until midday tomorrow to reach an agreement on entering Tier 3 restrictions. Communities Secretary Robert Jenrick said 10 days of discussions in “good faith” have not resulted in an agreement – and he warned that the prime minister would have to intervene if no deal is made by the
Ireland’s government has agreed to return the country to the highest level of coronavirus restrictions from midnight on Wednesday. Cabinet ministers agreed with the measures to contain COVID-19 during a meeting at Government Buildings in Dublin. It means Ireland will go to Level 5 coronavirus restrictions – the most severe – which had been recommended
Former Blue Peter presenter John Leslie has been cleared of grabbing a woman’s breasts at a Christmas party in 2008. He cried and nodded at the jury as the verdict was delivered, and made no comment when he left the court. Leslie, full name John Leslie Stott, had denied the accusations that he had groped
Two-thirds of businesses say the government has done a poor job of communicating its plans for a post-Brexit trade agreement, according to a survey. The YouGov online poll of 1,000 businesses showed 21% described the communication as somewhat poor and 45% very poor. Just 8% said the government had done a very good job and
President Trump’s COVID-19 diagnosis and hospitalisation, and refusal to participate in the second presidential debate due to the proposed virtual format, have been only the latest astonishing events in the race for the White House. While from day to day the campaign brings new surprises and controversies – most it needs to be said in
Although it’s been an uncertain year for Tesla’s production schedule and everyone’s personal finances, that likely hasn’t stopped anyone who wants one of their cars from thinking about it constantly. The 2021 Model 3 is finally rolling off the line, but the first vehicles are destined for overseas owners, and now might be a good
Chinese workers walk on a section of the world’s largest floating solar farm project during construction. The lake was created by a collapsed and flooded coal mine in Huainan, Anhui province, China. Kevin Frayer | Getty Images News | Getty Images SINGAPORE — China, the world’s largest carbon-emitting country, has doubled down on its pledge
The first major corporate casualty of the coronavirus crisis in the UK, Flybe, could be back in the air next year. It was announced that the company, which folded in March as a collapse in demand for air travel exacerbated already deep financial turbulence, had been effectively bought out of administration by a firm affiliated
Forty years ago, a reality TV queen was born. Yes, Kim Kardashian celebrates the Big 4-0 on 21 October 2020 – and what better way to celebrate than with a trip down memory lane (especially as KUWTK is coming to an end next year and we may never see them again after that). The artist
Donald Trump is staging a campaign blitz in one of the swing states that could deliver a devastating blow to his re-election chances. Mr Trump won Arizona by four percentage points in 2016 but the polls this time show him trailing former vice president Joe Biden in the state. Only once since 1948 – when
Wales will be placed into a circuit break lockdown for 17 days from 6pm on Friday, the Welsh government has announced. The new coronavirus lockdown will take Wales back to the restrictions introduced in March, with most businesses shutting, and people being told to stay at home and work from home where possible. Announcing the
An employee sits reflected in a glass screen featuring the London Stock Exchange Group Plc’s logo at their offices in London, U.K., on Thursday, Jan. 2, 2020. Simon Dawson | Bloomberg via Getty Images LONDON — It’s looking like a good year for stock market debuts in the U.S. and China, which are seeing big
Toshiba said on Monday it aims to generate $3 billion (roughly Rs. 22,011 crores) in revenue from its advanced cryptographic technology for data protection by 2030, as the Japanese sprawling conglomerate scrambles to find future growth drivers. The cyber security technology, called quantum key distribution (QKD), leverages the nature of quantum physics to provide two