Alternative and sustainable energy
We’re on a ‘highway to local weather hell,’ UN main Guterres suggests, calling for a world wide section-out of coal
U.N. Secretary-Standard Antonio Guterres talking at the COP27 weather change summit in Sharm El-Sheikh, Egypt. “We are on a highway to weather hell with our foot still on the accelerator,” he explained to attendees. Gehad Hamdy | Photograph Alliance | Getty Photographs The United Nations secretary standard issued a stark warning Monday, telling attendees at […]
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Taxation is a blunt instrument, IATA main Willie Walsh says: ‘The carrot is considerably more efficient than the stick’
The aviation sector demands much more carrot and considerably less adhere likely ahead to turn out to be a lot more sustainable, in accordance to the director typical of the Worldwide Air Transport Association. Speaking at CNBC’s Sustainable Long term Discussion board on Friday, Willie Walsh was asked if subsidies and tax breaks to stimulate […]
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It’s a ‘wild west out there’: CEO says regulation needed to keep firms in line on sustainability
The last few years have seen huge swathes of companies make net-zero commitments and other sustainability-related goals. Shansche | Istock | Getty Images Companies need regulation and greater accountability to ensure they’re meeting goals related to sustainability, according to the CEO of SDG Monitor, a firm focused on measuring performance in that area. Speaking during […]
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A submerged buoy-like device is harnessing the sea’s ‘epic amounts of energy’ in Scottish trial
The Waveswing device pictured before it was put through its paces in Scapa Flow, Orkney. Sea-based trials of a wave energy converter weighing 50 metric tons have produced “highly encouraging results,” according to the company behind its development. On Tuesday, Scotland-based AWS Ocean Energy said the average amount of power its device was able to […]
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Op-ed: The U.S. and China must not skip a historic option to preserve the earth
US President Joe Biden fulfills with China’s President Xi Jinping through a digital summit from the Roosevelt Room of the White House in Washington, DC, November 15, 2021. Mandel Ngan | AFP | Getty Photographs As the U.N. Weather Adjust Convention (COP 27) in Egypt strategies, the nations around the world of the world confront […]
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U.S. and UAE indicator strategic partnership offer to spur $100 billion in cleanse electrical power investment decision
Solar panels are established up in the photo voltaic farm at the University of California, Merced, in Merced, California, August 17, 2022. Nathan Frandino | Reuters ABU DHABI, United Arab Emirates — The United States and United Arab Emirates on Tuesday declared the signing of a strategic partnership that will see $100 billion mobilized to […]
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Energy sector needs firms with mentality of Tesla and Amazon to move forward, CEO says
The energy sector requires new companies with the mentality of a Tesla or Amazon to push forward in the years ahead, according to the ex-CEO of energy infrastructure powerhouse Snam. “It took a Tesla to disrupt … the car manufacturing sector, it took an Amazon to disrupt the retail market, and I think it’s going […]
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World needs to accept the urgent need for fossil fuel investment now, BP CEO says
BP CEO Bernard Looney photographed in Texas on March 8, 2022. During a panel discussion on Oct. 31, 2022, Looney said his firm’s strategy was to “to invest in hydrocarbons today, because today’s energy system is a hydrocarbon system.” F. Carter Smith | Bloomberg | Getty Images BP’s strategy is centered around investing in hydrocarbons […]
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Oil is all that Putin has left, U.S. presidential advisor Amos Hochstein says
Amos Hochstein photographed in Beirut, Lebanon, on October 27, 2022. Hussam Shbaro | Anadolu Agency | Getty Images Oil is all Russia’s economy has left following its invasion of Ukraine earlier this year, according to Amos Hochstein, special presidential coordinator for President Joe Biden. “Oil is the only thing they have left in that economy […]
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EU strikes deal to ban the sale of new diesel and gasoline cars from 2035
An electric car being charged in Germany. The European Union is moving forward with plans to ramp up the number of EVs on its roads. Tomekbudujedomek | Moment | Getty Images The EU’s plans to phase out the sale of new diesel and gasoline cars and vans took a big step forward this week after […]
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