Environment
A heat wave and snowfall: Why researchers are puzzled by Antarctica’s recent weather
It’s been a strange stretch for the icy desert at the bottom of the world. In mid-March, temperatures in parts of East Antarctica soared 70 degrees Fahrenheit above average. It was high enough for researchers living there to brave the elements for a bare-chested group photo. The comparably balmy temperatures, which reached around 10 degrees Fahrenheit, arrived […]
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TotalEnergies boss says he won’t work with Putin again — but refuses to write off Russian assets
The CEO of TotalEnergies on Saturday defended the company’s refusal to fully exit Russia, but said it would never do business with President Vladimir Putin again. Speaking to CNBC’s Hadley Gamble, Patrick Pouyanne, chairman and CEO of TotalEnergies, said he was not prepared to write off the company’s assets in Russia as it would effectively […]
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Biden set to give major speech in Poland; Ukraine’s Zelenskyy asks Middle East to increase energy output
Ukraine’s Zelenskyy to Doha forum: I ask you to increase energy output Ukraine’s President Volodymyr Zelenskyy has spoken at the Doha Forum conference’s opening ceremony. Speaking via video link, he said: “I ask you to increase output of energy so everyone in Russia understands that no one can use energy as blackmail,” according to a […]
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Treasury Secretary Yellen: The U.S. should have moved faster toward renewable energy
Outgoing Federal Reserve Chair Janet Yellen holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in Washington, U.S. December 13, 2017. Jonathan Ernst | Reuters Treasury Secretary Janet Yellen said on Friday the United States should have moved faster toward renewable energy sources and that, had we done so, the country […]
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BP establishes partnership focused on offshore wind in Japan
An offshore wind turbine photographed in waters off the coast of Japan on October 4, 2013. Yoshikazu Tsuno | AFP | Getty Images BP has agreed to establish a strategic partnership with Japanese conglomerate Marubeni that will focus on offshore wind development and potentially look at “other decarbonisation projects, including hydrogen.” The agreement will see […]
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Wall Street analysts say sustainable investing is being shaken up — and name the stocks to cash in
Goldman Sachs and JPMorgan name their top stocks picks in a sector that’s facing an overhaul. Source
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China’s EV makers could see a ‘shake down’ as they hike prices on rising material costs
Customers experience new energy electric vehicles at a Tesla store in Shanghai, China, On December 4, 2021. Future Publishing | Future Publishing | Getty Images A slew of electric vehicle companies operating in China have been forced to raise the prices of their cars as the cost of raw materials shoot up. Some companies like […]
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The SEC climate rule: 7 things investors need to know
Gary Gensler, chairman of the Securities and Exchange Commission, at the SEC headquarters in Washington, on July 22, 2021. Melissa Lyttle/Bloomberg via Getty Images The Securities and Exchange Commission on Monday unveiled a sweeping proposal to expand investors’ insight into the threat that climate change poses to public companies and how they contribute to a […]
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Electric vehicle start-up Nikola has begun production of its first battery-electric semitruck
Nikola Motor’s Tre semi-truck. Nikola Motor Company Electric heavy-truck startup Nikola announced on Wednesday that it has begun production of the battery-powered version of its electric Tre semitruck at its factory in Coolidge, Arizona, beating rival Tesla’s electric semitruck to market. Nikola plans to begin deliveries of the trucks in the second quarter, executives said […]
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Who stands to make and lose money if the SEC climate rule becomes law
The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington. Jonathan Ernst | Reuters The Securities and Exchange Commission on Monday released a proposal for new rules that would require companies to disclose their risks related to climate change and their greenhouse gas emissions. It will be […]
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