Environment

A truck passes pumpjacks in the Belridge oil field on November 03, 2021 near McKittrick, California. Mario Tama | Getty Images News | Getty Images Goldman Sachs predicts a new high in oil demand in 2022, and again in 2023. Damien Courvalin, the investment bank’s head of energy research, also said Friday that oil at

Workers transferring cryptocurrency mining rigs at a farm in Sichuan province AFP | Getty Images Kirk is mining for bitcoin in the Chinese province of Sichuan, hoping every day that he doesn’t get caught by the authorities.  Like other crypto miners who have gone underground since Beijing cracked down on the industry earlier this year,

This undated image obtained 22 February, 2004 shows the entrance to the Yucca Mountain nuclear waste repository located in Nye County, Nevada, about 100 miles northwest of Las Vegas. AFP | AFP | Getty Images The federal government has a fund of $44.3 billion earmarked for spending on a permanent nuclear waste disposal facility in

Tidal turbine from Nova Innovation onshore prior to installation. Nova Innovation Britain’s emerging tidal power sector took a number of steps forward this week, with companies and projects announcing new developments in their plans to roll out projects and technology. On Thursday, Scottish firm Nova Innovation said it had secured 2.5 million euros ($2.83 million)

In this article HOG A charger is plugged into a LiveWire electric motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, U.S., on Monday, April 19, 2021. Bloomberg | Bloomberg | Getty Images For corporations, 2021 has been a year of big spinoff plans and volatile SPAC offerings. As of this week, Wall

Ukraine wants the EU to quickly outline a package of sanctions to use against Russia if the Kremlin chooses to step up its military aggression against Kyiv. The call comes as concerns grow about the intentions of President Vladimir Putin and the increasing Russian troop presence near the Ukrainian border. “If you at least set

In this article SRG-IT ENR-DE VOW3-DE RWE-DE Sean Gallup | Getty Images News | Getty Images The CEO of German energy company RWE has called for the use of hydrogen in sectors where electrification is just not an option, telling CNBC that “in the end, all hydrogen needs to be green.” In an interview earlier

Protesters seen holding placards calling for a stop to the Williams natural gas pipeline (aka ‘Northeast Supply Enhancement (NESE) Pipeline”) during a demonstration held on Centre Street adjacent to City Hall Park in New York City. Michael Brochstein | LightRocket | Getty Images The New York City Council on Wednesday voted to pass legislation banning

Russia’s President Vladimir Putin sits in his office in the Novo-Ogaryovo residence during a bilateral meeting with China’s President Xi Jinping (on the video screen) via a video call. Mikhail Metzel | TASS | Getty Images BEIJING — Chinese President Xi Jinping and Russian President Vladimir Putin held their second dedicated video call of the

Dado Ruvic | Reuters Oil market watchers are torn between dramatically different forecasts for crude prices, even after OPEC’s upbeat forecast for crude demand in 2022. OPEC’s outlook sees the world consuming 99.13 million barrels per day of crude in the first quarter of 2022, an increase of 1.1 million barrels per day from its

Sen. Joe Manchin, D-W.Va., talks with reporters after a remembrance ceremony on the east front steps of the U.S. Capitol for the 20th anniversary of the 9/11 terrorist attacks on Monday, September 13, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images The U.S. government is taking its first step towards encouraging more high-assay

Rows of solar panels at the Toms River Solar Farm which was built on an EPA Superfund site in Toms River, New Jersey, U.S., 26 May, 2021. Dane Rhys | Reuters The U.S. solar industry will grow 25% less than previously forecast during 2022 thanks to supply chain constraints and rising raw material costs, according

Institutional Investor hall of famer Rich Bernstein is a market bull whose playbook excludes some of Wall Street’s most popular groups. He blames a risky see-saw dynamic playing out in the marketplace. “On one side, we have all that I would call the bubble assets: tech, innovation disruption, cryptocurrencies,” the Richard Bernstein Advisors CEO and CIO

U.S. President Joe Biden stops to talk to reporters before departing the White House December 08, 2021 in Washington, DC. Chip Somodevilla | Getty Images President Joe Biden will sign an executive order on Wednesday leveraging the federal government’s buying power to slash its carbon emissions by 65% by 2030 and become carbon neutral by

A United Airlines plane takes off from Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia. Drew Angerer | Getty Images The Federal Aviation Administration on Thursday announced a series of new university research grants in hopes of making greener aviation fuel cheaper and less scarce. Airlines including United, Southwest, Delta, American and

A Shell logo seen at a petrol station in London. A court in The Hague has ordered oil giant Shell to reduce its carbon emissions by 45% compared to 2019 levels by 2030, in what is widely seen as a landmark case. SOPA Images | LightRocket | Getty Images LONDON — Shareholders of oil giant

Whinstone CEO Chad Harris takes CNBC on a tour of the largest bitcoin mine in North America. Bitcoin mining has totally recovered from the Chinese crypto crackdown that took more than half the world’s miners offline virtually overnight earlier this year. The recovery is measured by looking at hashrate, a term used to describe the

Nick Emery clears mountains of snow from his driveway on March 14, 2021 in Nederland, Colorado. Helen H. Richardson | Denver Post | Getty Images This winter could be especially cold and expensive. But there are a few ways to keep your wallet full and your family warm. People who heat their homes with natural

In this article XLE Energy stocks have taken a recent pause, a breather after a red-hot rally this year. The S&P 500 sector has fallen more than 4% since this time last month. West Texas Intermediate crude, meanwhile, has plummeted 16% over the same stretch — demand fears tied to the emergence of the Covid

A sign for BlackRock Inc hangs above their building in New York. Lucas Jackson | Reuters LONDON — Stock picking is going to be more important for investors than macroeconomic themes in 2022, according to BlackRock‘s Nigel Bolton. Markets continue to grind higher against a backdrop of uncertainty, and developments on the Covid-19 front, global