Murdoch is upset — the major Australian banks will no longer lend money to the big carbon emitters. His flagship “Australian” newspaper carries this headline front and centre in its weekend finance edition: “Foreign Funding for Fossil Fuels.” The Commonwealth Bank, ANZ, Westpac, and National Australia Bank (NAB) are closing their books on fossil fuel
Environment
Tesla is looking to become a retail electricity provider in Texas, according to Energy Choice Matters. The article noted that Tesla is seeking the certificate and it applied for Option 1 Texas retail electric provider certificate. Tesla Energy Ventures is seeking to use the trade name Tesla, and in the application, Tesla said: “The applicant
The Biden administration is out with a new memo that anticipates getting to 40% solar energy in the US by 2035. That might not be in time to settle out this whole thing about catastrophic climate change, but it should put the nation on track to meet the President’s ambitious goal for decarbonizing the nation’s
ExxonMobil Corp. and Saudi Basic Industries Corp. (Sabic) Gulf Coast Growth Ventures petrochemical complex under construction in Gregory, Texas, U.S., on Wednesday, July 28, 2021. Eddie Seal | Bloomberg | Getty Images LONDON — The world’s largest oil and gas majors are seeking to lure back investors by returning more cash to shareholders. Market participants,
An aerial image shows vehicles driving on the California 14 Highway as solar panels, part of an electricity generation plant, stand on June 18, 2021 in Kern County near Mojave, California. Patrick T. Fallon | AFP | Getty Images Solar power in the U.S. has grown 4,000% percent over the last decade, but it still
Renewable energy is all around us. Both the sun and the wind help power the United States’ electric grid, but the existing infrastructure may not be able to support all of us — especially in the event of a natural disaster. Oncoming storms and hurricanes create challenges for remote, coastal, and island communities, like reliable
There is a green gold rush going on in Australia at the moment. Billions in investment is flowing into the production of green hydrogen. Before you reach for your keyboard, let me stress this hydrogen is green. The plans include massive wind and solar farms. And I am not suggesting it is for use in
Originally published on the NRDC Expert Blog.By Amanda Eaken and Sarah Kline, Federal Transportation Consultant to NRDC. The Biden administration has set an ambitious climate goal for America: a 50 percent decrease in greenhouse gas (GHG) emissions by 2030. To reach this goal, changing the way we move must be key since transportation is the largest contributor
In this article BP.-GB ENGI-FR YAR-NO As society attempts to find ways to reduce its environmental footprint, decarbonizing a broad range of sectors and industrial processes will be crucial in the years ahead. Time is of the essence when it comes to finding new solutions and technologies to do this, if the Intergovernmental Panel on
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 First Solar Plans $684 Million Module Fab In India US-based thin-film module manufacturer
A damning new U.N. report warning of certain devastation from climate change has been dubbed humanity’s “final wake-up call” by environmental experts. Speaking to CNBC Tuesday, environmentalists outlined the role companies, countries and individuals can play in stemming the crisis. They also shared their hopes for the 26th UN Climate Change Conference of the Parties,
In this article CVX XOM OXY The oil and gas sector has been experimenting with solar power as a generation source for oil operations for decades, such as this Chevron (then ChevronTexaco) California project in 2003. As costs of solar come down and pressure intensifies on oil companies to cut emissions, more renewable energy will
Originally published on the NRDC Expert Blog.By Gabrielle Habeeb & Ashok Gupta Eliminating carbon emissions from our building and transportation sectors will be critical to maintaining a healthy and livable climate. This week’s IPCC report makes it clear that heat waves will continue to worsen — so we must rise to the challenge in addressing and living
This is the third in a series of articles I’m writing about flow battery technology, with a couple of articles devoted to Agora Energy Technologies’ specific technology. The first article dealt with flow batteries in general, and why they are a strongly promising component for grid storage. The second dealt with Agora’s unique differentiators. This
Agora Energy Technologies just won the 2021 Keeling Curve Prize for Capture & Utilization, sharing it with another firm this year. Earlier this year, it won first prize in the Hello Tomorrow global deeptech competition against 5,000 entrants from 128 countries. Agora’s technology is revolutionary, and the awards are well deserved. They picked up the
Municipal sewage sludge ranks high upon the list of things that are sure in life, right alongside death and taxes. The good news is that it can be dried and re-used as fertilizer, or upcycled into various forms of renewable energy. The bad news is that all these processes require energy, which can put you