Enlarge / Vapor rises from the cooling towers of the nuclear plant of Dampierre-en-Burly near Orleans, central Italy, on October 23, 2018. (credit: GUILLAUME SOUVANT/AFP/Getty Images ) France is planning to build up to 14 nuclear reactors in an attempt to shore up the country’s aging nuclear fleet while also reducing the country’s carbon emissions. […]
Enlarge (credit: iStock) The European Union says it wants to “prevent greenwashing” among investors, but a new proposal may end up encouraging the behavior it wants to banish. The European Commission put forward a plan today that defines what counts as a “sustainable investment, ” something that’s all but required in order to manage a […]
Enlarge (credit: Tim Graham/Getty Images) The New York City Council voted today to ban natural gas in new buildings, putting the nation’s largest city at the vanguard of national efforts to eliminate the fossil fuel and potent greenhouse gas. The bill prohibits natural gas hookups and oil-burning equipment in new buildings under seven stories starting […]
Enlarge (credit: Getty Images) Texans will be paying for the effects of last February’s cold snap for decades to come, as the state’s oil and gas regulator approved a plan for natural gas utilities to recover $3.4 billion in debt they incurred during the storm. The regulator, the Railroad Commission, is allowing utilities to issue […]
Enlarge / Heavy equipment moves coal into piles at PacifiCorp’s Hunter coal-fired power plant outside of Castle Dale, Utah. (credit: GEORGE FREY / AFP ) The US is expected to burn 22 percent more coal than last year, marking the first annual increase in the use of the polluting fossil fuel since 2014, the Energy […]
Crypto bulls are back, pushing Bitcoin’s market cap above $1 trillion. Stocks and futures are higher today, too. Read More
It’s a risk-off Wednesday for most equities as the global energy crunch intensifies. Read More
A hydrogen filling station. (credit: Peter Gercke/picture alliance via Getty Images) The head of a hydrogen lobbying group has stepped down amid concerns that blue hydrogen made from natural gas would serve as a “lock-in” for fossil fuels. Oil and gas companies in recent years have been touting the purported advantages of hydrogen made from […]
Enlarge / A Hyundai Nexo patrol car at a hydrogen filling station in Lower Saxony, Germany. (credit: Friso Gentsch/picture alliance ) Gas companies and utilities are in a pickle. Their entire business model relies on the extraction, transport, and combustion of methane, one of the most potent greenhouse gases known to humankind. With many countries […]
Enlarge / A warning sign for an underground natural gas pipeline stands near Sunray, Texas. (credit: Angus Mordant/Bloomberg via Getty Images ) While Texans froze and natural gas-fired power plants tripped offline during a February cold snap, natural gas traders and pipeline companies made up to $11 billion in just nine days. The handsome profits […]