Energy
European Union to propose ban on Russian coal imports, sources say
French President Emmanuel Macron has called for the EU to ban Russian coal as part of a wave of new sanctions to further isolate the Kremlin. Frank Rumpenhorst | Picture Alliance | Getty Images LUXEMBOURG — The European Commission will propose banning Russian coal as part of a new round of sanctions against the Kremlin […]
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Wind energy needs dramatic increase to hit net-zero goals, new report says
Onshore and offshore wind turbines photographed in Flevoland, the Netherlands. Mischa Keijser | Image Source | Getty Images The wind energy sector had its second best year in 2021 but installations will need to dramatically increase going forward to keep track with net-zero goals, according to a new report from the Global Wind Energy Council. […]
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This map shows where nuclear reactors are being built and where they are shutting down
There are 93 commercial nuclear reactors operating in the United States at 55 locations in 28 states. The majority of nuclear reactors are in the eastern portion of the U.S. Currently, 25 reactors are in some phase of decommissioning. There are also licenses approved for another eight nuclear reactors to be constructed in the U.S. […]
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This daughter and father founded a company to bury nuclear waste by drilling deep boreholes
Zoom In IconArrows pointing outwards Elizabeth Muller, the CEO, and Richard Muller, the chief technology officer, of Deep Isolation, in Texas for their 2019 demonstration. Photographer: Roman Pino, Courtesy Deep Isolation There is no permanent nuclear waste depository in the United States. Instead, nuclear waste is stored in dry casks at the locations of currently […]
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Goldman says now’s the time to buy these 3 stocks — including one it says has upside of nearly 40%
Goldman Sachs just upgraded three stocks to “buy” as Europe doubles down on energy self-sufficiency. Source
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Sri Lankan president tries to preempt protests with nationwide curfew
“I don’t know why a curfew has been declared. What we need now is not a curfew, we need food, gas, fuel and the freedom to express ourselves,” said one protest organizer in Colombo, Sri Lanka. Ishara S. Kodikara | Afp | Getty Images Sri Lanka imposed a countrywide curfew starting Saturday evening until Monday […]
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Sri Lanka’s president declares emergency as police clash with angry protesters
Protestors in Colombo on April 1, 2022. Inflation has wracked Sri Lanka, rising to 17.5% in February from 16.8% a month earlier, according to the country’s central bank. Ishara S. Kodikara | AFP | Getty Images Sri Lanka’s president declared a state of emergency in the island nation Friday, a day after angry protesters demonstrated […]
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Biden’s top economic advisor says restarting the Keystone XL pipeline now won’t lower oil prices
President Joe Biden’s top economic advisor suggested Friday the White House is not rethinking its decision to cancel the controversial Keystone XL oil pipeline in response to elevated crude and gasoline prices. National Economic Council Director Brian Deese told CNBC the Biden administration is instead concentrating on policies and strategies that can deliver lower fuel […]
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Biden’s plan to bring down gas prices could take weeks. Here’s how to get relief now
Filling up at the pump comes with a hefty dose of sticker shock. Russia’s invasion of Ukraine and global supply concerns have sent gas prices to record highs — hitting $6 in some parts of the country. To combat the spike in energy costs, the White House said it will release 1 million barrels of […]
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Millions of Brits plunged into fuel poverty on Friday as household energy bills surge
A protester holds a ‘Save Us From The Energy Crisis’ placard during a rally in London. British households face soaring energy bills from April 1 as the country’s energy price cap rises by 54%. Vuk Valcic | Sopa Images | Lightrocket | Getty Images The number of English households in fuel poverty will double to […]
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