Guest blog by Nitish Arora and Jessica Korsh India needs to exponentially increase the number of electric vehicle (EV) charging stations to power the potential 102 million EVs on the road in 2030. Reaching this target is essential to prevent a climate catastrophe and improve the unhealthy air quality for millions of Indians. A robust public charging network is essential for
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Oil posted the longest stretch of weekly advances since 2015 as OPEC+ producers only modestly supply the market and as U.S. crude supplies shrink.  Crude futures rose 1.5% Friday in New York, up for a ninth straight week. President Joe Biden said Thursday night that Americans should expect high gasoline prices to continue into next
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Originally published by Union of Concerned Scientists, The Equation.By Rachel Cleetus  In the last week, Senator Manchin (D-WV) has become increasingly public with his opposition to the Clean Electricity Performance Program (CEPP), a policy designed to drive down power sector carbon emissions which is part of the reconciliation bill under consideration in Congress. With the vote margins so slim in Congress,
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Jet fuel prices are rising to levels not seen since before the Covid pandemic and it’s set to drive up airfares, United Airlines CEO Scott Kirby said Wednesday. “Higher jet-fuel prices lead to higher ticket prices,” Kirby told CNBC’s “Squawk on the Street.” “Ultimately, we’ll pass that through.” United forecast average fuel costs of $2.39
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Offshore services provider Aker Solutions has received a Letter of Intent (LOI) for a front-end engineering and design (FEED) contract from Equinor for the FPSO for the Wisting field development in the Norwegian Barents Sea. Aker Solutions said that the intended FEED contract includes an option for engineering, procurement, construction, and integration (EPCI) of the
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Three heavyweights in renewable technology have been removed from a key S&P Dow Jones clean energy index, as the index provider tightened membership requirements. NextEra Energy Inc, Drax Group and Enel SpA were among 15 companies removed from the Global Clean Energy Index on Monday. The index predominantly includes utility companies with low exposure to
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In this article RY4C-IE The CEO of Ryanair has acknowledged the need for ambitious sustainable aviation fuel targets while also expressing concerns about how food prices could be affected. During a discussion at CNBC’s Sustainable Future Forum on Wednesday, Michael O’Leary said his firm was investing “a lot of money” with Trinity College Dublin on
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Tesla CEO Elon Musk and Christian Democratic Union (CDU) party leader Armin Laschet visit the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla CEO Elon Musk has said the fundamental good the electric car maker does will be measured in the acceleration of the world
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