SINGAPORE — Oil prices have plunged during the pandemic and the sector’s crisis could get worse as new investments are unlikely to flow in, experts said at an energy conference this week. Pandemic-related movement restrictions stopped people from commuting and traveling, drastically reducing oil usage. Earlier this year, the May contract for U.S. benchmark West Texas
Environment
September 19th, 2020 by Guest Contributor By David Lapp Jost “I can’t breathe” is foremost the cry of suffering and dying Black people who have been killed by police, and the rallying call of a movement to bring systematic change in criminal justice. Rightfully so — securing African American communities from police violence is vital,
September 19th, 2020 by Steve Hanley As a source of renewable energy, geothermal has one advantage over wind turbines and solar power plants. It is operates continuously all day, every day. That means the electricity it provides is dispatchable whenever it is needed regardless of how windy or sunny it is. Deep Earth Energy Production
Oil pumping jacks, also known as “nodding donkeys”, are reflected in a puddle as they operate in an oilfield near Almetyevsk, Russia, on Sunday, Aug. 16, 2020. Andrey Rudakov | Bloomberg via Getty Images LONDON — A group of some of the world’s most powerful oil-producing nations on Thursday will meet to review production policy,
Used in everything from the detergent that washes our clothes to the toothpaste that keeps our mouths clean, chemicals play an integral role in society. While it’s hard to imagine life without them, if not used in a responsible way their effect on the natural world – and us – can be harmful. The European
The Block Island Wind Farm, pictured above, began commercial operations at the end of 2016. Scott Eisen | Getty Images Stretching for thousands of miles, the east coast of the United States is home to major cities, stunning beaches and millions of people. Soon, though, it could also host several major offshore wind farms, a
Patrick Pleul | picture alliance | Getty Images Carbon dioxide emissions from plug-in hybrid electric vehicles are more than two-and-a-half-times greater than official test levels, new research claims. Published this week, the analysis — conducted by the Transport & Environment campaign group and supported by environmental organization Greenpeace U.K. — stated that, on average, “typical” plug-in hybrid
September 17th, 2020 by U.S. Energy Information Administration According to 2018 data from the U.S. Energy Information Administration (EIA) for newly constructed utility-scale electric generators in the United States, annual capacity-weighted average construction costs for solar photovoltaic systems and onshore wind turbines have continued to decrease. Natural gas generator costs also decreased slightly in 2018. From 2013
September 17th, 2020 by Guest Contributor Originally published on Transport & Environment.By Eoin Bannon The -55% climate target, announced this week, makes the EU Green Deal the most ambitious climate initiative in the world, green group Transport & Environment (T&E) has said. But European Commission president Ursual von der Leyen risks undermining her own efforts
September 17th, 2020 by Johnna Crider I recently wrote this article that highlighted one written by Micheal E. Mann, who pointed out how President Trump is a threat to the planet. That article, in a nutshell, cited several others that pointed out the damage Trump has caused to the environment through his executive orders and
September 17th, 2020 by Zachary Shahan As I’ve been writing recently, solar power prices just keep on dropping. How much? Well, enough that it makes financial sense for Google to buy subsidy-free solar power in extremely northerly (i.e., grey) Denmark. Denmark is not a sunny country. If you are familiar with the region, no commentary
An employee looks for items in one of the corridors at an Amazon warehouse. Carlos Jasso | Reuters Amazon, one of the largest consumers of batteries in the world, is investing in battery recycling start-up Redwood Materials, a company started by former Tesla executive JB Straubel. The investment, which wasn’t disclosed, is part of $2
An aerial view shows pumpjacks in the South Belridge Oil Field on April 24, 2020 near McKittrick, California. David McNew | Getty Images Oil prices were mixed in early trade on Thursday, just clinging to overnight gains, as concerns about weak fuel demand were in the frame again after Hurricane Sally blasted through the Gulf
September 16th, 2020 by Press Release The wind market in the USA is entering a new phase, where demand will be driven by wind energy’s cost-competitiveness, the phase out of the production tax credit (PTC), and states looking to address the climate crisis. In this changing and growing market, Vestas must execute at unprecedented levels
September 16th, 2020 by Saurabh Originally published on Future Trends. Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country. Cleantech Investments Actis Acquires 400 Megawatt Solar Capacity From Acme
ivanastar | iStock Unreleased | Getty Images The Lego Group is planning to invest as much as $400 million across three years in order to “accelerate sustainability and social responsibility initiatives.” The company’s plans, announced Tuesday, are wide-ranging and cover a number of areas. Among other things, the toy-making giant said it would look to
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