Climate
Archer tanks 12% after air taxi maker sells additional 85 million shares, buys LA-area airport
Courtesy: Archer Aviation Archer Aviation‘s stock plummeted 12% after a share sale overshadowed a narrower-than-expected third-quarter loss. The company posted a net loss $129.9 million, narrower than the FactSet estimate of a $178.6 million loss. However, Archer disclosed a $650 million stock offering for 81.25 million shares to support its $126 million acquisition of Hawthorne […]
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Trump nuclear power investment in Westinghouse could lead to IPO with U.S. government as shareholder
The Vogtle nuclear power plant is located in Burke County, near Waynesboro, Georgia in USA. Each of the two existing units have a Westinghouse pressurized water reactor (PWR), with a General Electric turbine and electric generator, producing approximately 2,400 MW of electricity. Two Westinghouse made AP 1000 reactors are under construction here. Pallava Bagla | […]
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Orsted swings to quarterly net loss as Trump’s offshore wind battle takes its toll
A turbine blade is lifted onto a rack near tower sections at the Revolution Wind project assembly site at State Pier in New London, Connecticut, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty Images Danish renewables giant Orsted on Wednesday reported a quarterly net loss as the beleaguered company continues to battle […]
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Fossil fuel leaders herald the energy addition era: ‘Music to my ears’
Guests look at a model of the largest data center in the UAE under construction in Abu Dhabi as the Stargate initiative, a joint venture between G42, Microsoft, and OpenAI, during the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) in Abu Dhabi on November 3, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by […]
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Hurricane Melissa churns across Cuba as a Category 3 storm
Satellite view of Hurricane Melissa as seen on Oct. 29th, 2025. Source: NOAA Hurricane Melissa was grinding across Cuba on Wednesday as a Category 3 storm after pummeling Jamaica as one of the strongest Atlantic hurricanes on record, the U.S. National Hurricane Center said. Hundreds of thousands of people in Cuba had been evacuated to […]
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Bill Gates softens ‘Climate Disaster’ approach, says strategy needs to shift
Microsoft co-founder Bill Gates, who wrote a book in 2021 titled, “How to Avoid a Climate Disaster,” now says leaders need to shift their approach to climate change. In a letter published Tuesday ahead of next week’s COP30 U.N. climate summit, Gates argued that too many resources are focused on emissions and the environment, and […]
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Google and NextEra to revive major Iowa nuclear facility as AI energy demand surges
Stock photo of a nuclear power plant. Larry Lee Photography | Corbis | Getty Images Google and American electrical utility giant NextEra Energy announced a partnership Monday to revive Iowa’s only nuclear power plant to meet growing low-carbon energy demand from artificial intelligence The Duane Arnold Energy Center, which closed in 2020, could begin operating […]
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Beta Technologies IPO could value electric air taxi maker at $7.2 billion
Aerospace manufacturer BETA Technologies’ electric aircraft, ALIA, is seen at John F. Kennedy Airport in New York City, U.S., June 3, 2025. It is the first Advanced Air Mobility flight into JFK Airport. Kylie Cooper | Reuters Beta Technologies updated the prospectus for its initial public offering on Wednesday, setting a price range that could […]
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Thirsty AI mega projects raise alarm in some of Europe’s driest regions
Liquid cooled servers in an installation at the Global Switch Docklands data centre campus in London, UK, on Monday, June 16, 2025. Bloomberg | Bloomberg | Getty Images Europe’s ambitious artificial intelligence strategy is at risk of colliding with an often overlooked but critically important environmental issue: water scarcity. The European Union has big plans […]
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Airlines waive flight-change fees for East Coast flights ahead of storm
An American Airlines flight takes off from Reagan Washington National Airport as the U.S. government shutdown continues in Arlington, Virginia, U.S., Oct. 8, 2025. Nathan Howard | Reuters Airlines are waiving flight-change fees and fare differences for more than a dozen airports in the mid-Atlantic and Northeast U.S. ahead of a big coastal storm. The […]
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