On March 8, President Joe Biden imposed a fresh embargo on Russian energy imports into the United States. The action constituted a significant increase in US sanctions against Russia, but it quickly increased crude oil prices and fueled worries of rising gas costs. It doesn’t have to stay that way, said Heather Boushey, a member …
White House: Clean Energy Can Protect US from Soaring Gas Prices Read More »
Elon Musk may face stiff competition in the near future. Sony and Honda have announced plans to launch a new firm to jointly develop and market electric automobiles. The new business, which is anticipated to be formed later this year, will begin selling its first electric vehicle in 2025. Honda will build the first model, …
Sony and Honda Are Joining Forces to Develop Electric Cars Read More »
The EU’s Clean Hydrogen Partnership, a public-private partnership, has issued its first request for proposals on 41 hydrogen-related research subjects. The majority of the funds will go toward hydrogen generation and storage. As the EU pledges to move away from fossil fuels, hydrogen is considered as a handy means of converting power from wind and …
EU Unveils €600 Million Plan for Financing Hydrogen Research Read More »
All new automobiles and trucks sold in California must have zero-emissions starting in 2035, owing to a 2020 executive order signed by Governor Newsom. The decision marked a step forward for the state in minimizing the use of climate-changing fossil fuels. However, it has caused experts to scramble to figure out what to do with …
According to a research released on March 10, the aviation sector has to take “immediate action” to line with the world’s climate objective, including slowing growth in air travel and swiftly ramping up usage of sustainable aviation fuels. Climate Action 100+, the world’s largest investor coalition urging corporations to reduce emissions quicker, stated in the …
The global economy recovered in 2021, despite the ongoing pressures of the COVID-19 pandemic, global supply chain disruptions, multiple extreme weather events, and a worldwide energy supply constraint defined by increasing fuel and electricity costs. As the year 2022 begins, IHS Markit’s Global Power and Renewables team examines six major themes that we believe will …
Six Global Power and Renewable Industry Trends to Watch in 2022 Read More »
Elon Musk has urged the globe to dig for more oil as prices rise owing to predicted shortages caused by the conflict between Russia and Ukraine. It’s shocking coming from someone attempting to wean the globe off of oil. On top of that, Musk and Tesla should be concerned about nickel costs, which are now …
Nickel Prices Soaring amid Ukraine War, Putting EV Industry in Danger Read More »
The world’s major oil and gas firms know that the energy industry must evolve to avoid catastrophic climate change, but they insist on a transformation that ensures future profits, which would surely overheat the globe, according to Houston Chronicle. Oil and gas enthusiasts believe that burning hydrocarbons does not cause climate change, but that releasing …
Oil Firms Want a More Gradual Shift to Clean Energy Read More »
On the same day that reports surfaced of Russian soldiers hitting civilian targets in Ukraine, the European Commission launched a plan to defund Vladimir Putin’s administration through a major commercial relationship. More over 40% of the EU’s gas supply originate from Russia, with central and eastern member nations being the most reliant. Officials stated that …
EU Wants Member States to Switch from Russian Gas to Renewables Read More »
Solar farms along tsunami-ravaged beaches, green energy “micro-grids,” and the experimental creation of non-polluting hydrogen: Japan’s Fukushima area is investing in a sustainable future 11 years after its nuclear horror, according to AFP. On March 11, 2011, an earthquake in northeastern Japan triggered a catastrophic tsunami, causing a meltdown at the Fukushima nuclear power plant …
A New Renewable Future is Built in Fukushima after a Nuclear Disaster Read More »
