Environment

A view of the Marathon Petroleum Corp’s Los Angeles Refinery in Carson, California, April 25, 2020. Robyn Beck | AFP | Getty Images The Los Angeles City Council on Wednesday voted to ban new oil and gas wells and to phase out existing wells over a period of five years, following decades of complaints by residents

In this article @LCO.1 @CL.1 An oil pump at sunset in Daqing, Heilongjiang province, China, on July 13, 2006. Lucas Schifres | Getty Images Brent crude futures, the international oil benchmark, topped $90 on Wednesday for the first time since 2014, adding to oil’s blistering recovery since its pandemic-era lows in April 2020. The leg

Tesla Solar Panels Courtesy: Tesla California regulators are reviewing proposed changes to solar incentive programs that would cut the state’s solar market in half by 2024, according to a new report from energy research firm Wood Mackenzie. The California Public Utilities Commission’s proposed decision, released on Dec. 13, would reduce payments granted to solar customers

In this article EQNR-NO This image, from 2018, shows a floating wind turbine in waters off the coast of France. SEBASTIEN SALOM GOMIS | AFP | Getty Images Eleven projects centered around floating wind technology are a step closer to fruition following a tranche of investment aimed at making the most of Britain’s windy coastlines.

Raffi Garabedian, then the CTO of First Solar, speaks during the National Clean Energy Summit in 2017. Isaac Brekken | Getty Images Entertainment | Getty Images Raffi Garabedian spent a dozen years developing solar panel technology at First Solar, a photovoltaics company that currently has a market value around $8 billion. The technologist then went

In this article DGX Signage for Royal Dutch Shell Plc at a refinery near the Enbridge Line 5 pipeline in Sarnia, Ontario, Canada, on Tuesday, May 25, 2021. Cole Burston | Bloomberg | Getty Images One of the only facilities in the world that uses carbon capture and storage technology (CCS) to reduce the emissions

In this article ULVR-GB UBER MSFT AMZN The COP26 climate summit, held in the Scottish city of Glasgow last year, made headlines around the world. After days of painstaking and at times fraught negotiations, countries agreed upon a deal which sought to build on 2015′s Paris Agreement and curb the worst effects of climate change.

This photograph taken on May 28, 2021 shows the new TotalEnergies logo during its unveling ceremony, at La Defense on the outskirts of Paris. CHRISTOPHE ARCHAMBAULT | AFP | Getty Images French oil giant TotalEnergies and U.S. energy firm Chevron on Friday announced plans to withdraw from Myanmar, citing the deteriorating humanitarian crisis in the

In this article BRK.A This image from 2016 shows a wind turbine on property used by MidAmerican Energy’s Eclipse Wind Farm in Adair, Iowa. Daniel Acker | Bloomberg | Getty Images A subsidiary of Warren Buffett’s Berkshire Hathaway Energy has released details of plans to develop a $3.9 billion project in Iowa that would incorporate

In this article PCG People take part in an event to hand-deliver 100,000 public comments from Californians throughout the state calling on Governor Newsom to reject proposals that penalize consumers for putting solar panels on their rooftops outside the California State Capitol Museum in Sacramento, California, on December 08, 2021. Aníbal Martel | Anadolu Agency

Offshore wind turbines in waters near Aberdeen, Scotland. Gannet77 | E+ | Getty Images The Scottish offshore wind sector received a boost this week after a program to lease areas of Scotland’s seabed for wind farm developments raised just under £700 million (around $952 million). According to Crown Estate Scotland — a public corporation which

In this article GM TSLA The southwest of England is famed for its dramatic coastline, verdant countryside and fresh seafood. If all goes to plan, another string could be added to the region’s bow over the next few years: lithium extraction. In the county of Cornwall, efforts are underway to tap into the area’s natural

A storage facility of oil giant ADNOC near the airport in the capital of the United Arab Emirates, Abu Dhabi, on Jan. 17, 2022. AFP | Getty Images DUBAI, United Arab Emirates — The attack on Abu Dhabi claimed by Yemen’s Houthi militants Monday threatens to derail fragile efforts at rapprochement between Gulf Arab states

In this article XOM Darren Woods, CEO, ExxonMobil Michael Newberg | CNBC Oil prices rose to a seven-year high Tuesday amid ongoing supply concerns and escalating tensions in the Middle East, but Exxon Mobil CEO Darren Woods said the ultimate trend for prices will be lower. In the immediate future, however, the oil executive said

Growing tensions between Russia and Ukraine have cast a shadow over energy markets, and the uncertainty could mean a prolonged period of high gas prices for Europe, analysts say. “It’s a very tight gas market … and there’s no question that this sense of imminent crisis building with Russia and Ukraine is also hanging over

In this article LHA-DE A Boeing 747-8 Lufthansa airplane takes off from the Airport Tegel in Berlin. Britta Pedersen | AFP | Getty Images Airlines in Europe this winter are flying passenger planes that are at times nearly empty in order to hold onto coveted take-off and landing spots at airports during a time of

The chief executive of Ukrainian state energy giant Naftogaz says it is absurd for Nord Stream 2 not to be among the top priorities of international talks with the Kremlin, repeating his call for further sanctions on the gas pipeline to deter another Russian incursion. His comments come shortly after a meeting of the NATO-Russia

Service members of the Ukrainian armed forces walk at combat positions near the line of separation from Russian-backed rebels outside the town of Popasna in Luhansk Region, Ukraine January 6, 2022. Maksim Levin | Reuters As high-profile talks between Russian and Western officials continue Thursday, a top-ranking Ukrainian official has described how her country has

Getty Images Bitcoin is down around 36% from its all-time high in November, but the dip has a good side, thanks to a quirk in the tax code that helps crypto holders shield their winnings from the IRS. The IRS treats cryptocurrencies like property, meaning that anytime you spend, exchange, or sell your tokens, you’re

In this article VWS-DK RWE-DE One of the turbines at the Triton Knoll offshore wind farm, which is located in waters off England’s east coast. Ian Greenwood Turbine commissioning at one of the world’s biggest offshore wind farms is complete and full operations are slated to begin in the first quarter of 2022, according to