Dutch transmission system operator Tennet, which also serves Germany, is planning to create flexible electricity demand and reduce grid congestion by promoting the use of smarter heating systems and heat pumps that can also be powered by solar and wind energy. According to its experts, intelligent control of heat pumps may result in the creation... Continue Reading →
S&P put Chevron, Exxon and others on downgrade watch as green push grows. The ratings agency said the whole industry was now higher risk. BlackRock yesterday urged firms to plan to reach net-zero by 2050. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. S&P Global Ratings has put some of the biggest... Continue Reading →
S&P warns Exxon, Chevron and other oil firms it may cut their credit ratings thanks to the push to zero-carbon
Joe Biden has pledged to work to end public funding of ‘carbon-intensive’ fossil fuel projects – a wording campaigners fear leaves the door open to methane gas Joe Biden’s administration is working to end funding for “carbon-intensive” fossil fuel projects overseas, potentially cancelling billions of dollars in support for oil and gas projects around the... Continue Reading →
US plans to end fossil fuel finance overseas, threatens billions in support for oil and gas
For a landmark moment in the global effort to stave off catastrophic climate change, Joe Biden’s “climate day” at the White House was rather low-key. The US president bumped elbows with his newly appointed climate tsar, John Kerry, who he called his “best buddy”, then gave a short speech before perfunctorily signing a small stack... Continue Reading →
Dizzying pace of Biden’s climate action sounds death knell for era of denialism
Wind turbines floating miles out to sea could one day provide electricity to our homes, experts believe. Wales currently meets about 50% of its needs from renewable sources, including solar and wind. Prime Minister Boris Johnson wants to see fixed offshore wind farms power UK homes by 2030, while Plaid Cymru believes Wales could be... Continue Reading →
Renewable energy: Could floating turbines power our homes?
President Biden has proposed ambitious goals for curbing climate change and investing in a cleaner U.S. economy. One critical sector is transportation, which generates 28% of U.S. greenhouse gas emissions – more than either electric power production or industry. Shifting from cars that run on gasoline and diesel to electric vehicles, or EVs, is a... Continue Reading →
To make the US auto fleet greener, increasing fuel efficiency matters more than selling electric vehicles
In a speech Wednesday outlining his new executive actions aimed at confronting the "existential threat" of the climate crisis, President Joe Biden said he plans to ask the Democrat-controlled Congress to pass legislation eliminating the tens of billions in taxpayer subsidies the federal government continues to hand Big Oil even as the planetary emergency wreaks... Continue Reading →
Denouncing ‘Handouts to Big Oil,’ Biden Calls on Congress to End $40 Billion in Taxpayer Subsidies for Fossil Fuels
Clean hydrogen has long been touted as the only long-term green solution for long-distance trucking, due to claims that batteries will never be able to provide the power and energy required. But one of the world’s largest heavy-duty vehicle manufacturers, Volkswagen-owned Scania, which has produced both battery- and hydrogen-powered vehicles, has concluded that H2 will... Continue Reading →
Blow to clean hydrogen sector as major truck maker rules out H2 for long-distance transport
From a dorm room at Stanford University, two business school students designed a system of solar panels for the roof of a boarding school in Nairobi. It worked. The school saved money and replaced the diesel generator it had relied on when the power went off. But students Christopher Hopper and Samuel Adeyemo realized they... Continue Reading →
A surge in green financing boosts climate businesses
The U.S. electric grid is an impressive but outdated system. Designed for a world that runs on fossil fuels, it caters to a network of giant energy producers, and the consumers dependent on them. But a greener world demands a more distributed system, where individuals or companies can generate, store and resell power. A smarter... Continue Reading →
How the U.S. can build a carbon-free electric grid
Sila Nanotechnologies, a Silicon Valley battery materials company, has spent years developing technology designed to pack more energy into a cell at a lower cost — an end game that has helped it lock in partnerships with Amperex Technology Limited as well as automakers BMW and Daimler. Now, Sila Nano, flush with a fresh injection of... Continue Reading →
empowerment & inner transformation... 