Anyone who looks out at the ocean may feel awed by the power apparent in every wave. That power has the potential to provide energy to land-based homes and businesses, as well as floating facilities and vessels at sea. But how can we transform the ocean’s energy into usable forms, such as electricity or desalinated
Month: June 2021
In this article CLNE Clean Energy Fuels CEO Andrew Littlefair on Thursday addressed the recent enthusiasm for his company’s stock forged on online forums like Reddit. “I’ve read a lot of these posts, it seems like they get it,” Littlefair told CNBC’s Jim Cramer in an interview on “Mad Money.” “One of the things that
(Bloomberg) — Oil posted a fourth straight weekly gain as signs of a global demand recovery and supply discipline among producers encouraged investors. Futures in New York rose 1% this week. Strong U.S. demand growth is being passed on to Europe and emerging markets, where India is also starting to show improvements, according to Goldman
By Joey Klender Posted on June 18, 2021 The brand new Tesla Model S Plaid has finally been listed on the Environmental Protection Agency (EPA) website, sporting an impressive 101 eMPG rating with 348 miles of all-electric range. The configuration mistakenly lists 2-inch wheels for the efficiency figures, but it can be determined this rating
In this article 9104.T-JP SGRE-ES YS graphic | Moment | Getty Images Siemens Gamesa Renewable Energy is to supply 79 “typhoon-proof turbines” to a major onshore wind development in Japan, as the country attempts to reduce its reliance on fossil fuels and develop more renewable energy installations. The 339.7 megawatt Dohuku project will be located
Originally published on NRDC Expert Blog.By Sarah Dougherty, Tom Zimpleman, & Gabriel Daly G7 leaders met in the UK last week, and climate was high on the agenda, as it must be. One of the areas of agreement among the leaders of the world’s largest economies might seem new but has been in the works for years: mandatory
MIAMI – Mayor Francis Suarez says Miami’s doors are open to bitcoin miners in China who are currently scrambling to find a new home after Beijing made it clear that their days are numbered. Mining is the energy-intensive process which both creates new coins and updates the digital ledger of all transactions of existing tokens.
(Bloomberg) — Oil slumped the most in a month as a rising dollar pushed financial investors, who had piled into commodities to guard against inflation, toward the exits for other sectors. Futures in New York fell 1.5% on Thursday. A strengthening U.S. dollar reduced the appeal of commodities priced in the currency a day after
By Eric Ralph Posted on June 17, 2021 SpaceX’s latest launch webcast offered exceptionally clear views of the company’s 88th successful Falcon booster landing minutes after the rocket helped the US military cross a major reusability milestone. In November 2020, Falcon 9 booster B1062 lifted off for the first time, successfully supporting the launch of
Tesla is really betting on the yoke steering wheel, which is making some nervous with the Cybertruck and Roadster prototypes also featuring a similar wheel. Elon Musk says that progressive steering, which would fix some of the steering wheel’s issues, is still a few years away. When Tesla unveiled the new Model S with the
In this article 7267.T-JP 7203.T-JP BMW-DE A BMW i Hydrogen Next automobile photographed in Munich, Germany, on March 12, 2021. Andreas Gebert | Bloomberg | Getty Images The BMW Group has started to test vehicles that use a hydrogen fuel cell drivetrain, with the German automotive giant putting the technology through its paces “in everyday
John with Tesla Owners of Silicon Valley shared some interesting Tesla Solar news for those who plan to take a loan to install it. He discovered that Tesla has launched better rates on solar loans. Previously, the loan option was for a 20-year plan with 10% down and 5.99% APR. Recently, Tesla made the loan
The skyline of financial and business center is seen in the background as people paddle surf along the East Coast Park beach in Singapore on July 17, 2020. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore plans to invest more in building a new green economy, according to the city-state’s Finance Minister Lawrence
(Bloomberg) — Oil was virtually unchanged as gains driven by diminishing crude inventories were tugged lower after Federal Reserve officials suggested they expect two interest rate increases by the end of 2023. Futures in New York rose three cents on Wednesday. Equities fell and the dollar surged, reducing the appeal of commodities priced in the
By Joey Klender Posted on June 16, 2021 Rivian has sent the R1T pickup, the R1S SUV, and its electric delivery van to New Zealand. The reasons are unknown, but it seems that the vehicles could have been sent there for cold-weather testing as the climate in North America heats up for the Summer months.
In this article GM GM CEO and chairman Mary Barra speaks during an “EV Day” on March 4, 2020 at the company’s tech and design campus in Warren, Mich., a suburb of Detroit GM DETROIT – General Motors said on Wednesday it will increase spending on electric and autonomous vehicles to $35 billion through 2025,
Over the years, Elon Musk has disrupted entrenched players in the aerospace, energy, and automotive industries. He’s also had a hand in trying to reduce “soul-crushing traffic” and building a healthy symbiosis with AI. In short, he thinks big. Musk also has had a profound impact on the finance sector. And we’re not just talking about his early role in
In this article 7267.T-JP 7203.T-JP TATAMOTORS-IN A Land Rover Defender sits on display on the opening day of the IAA Frankfurt Motor Show in Frankfurt, Germany, on September 10, 2019. Krisztian Bocsi | Bloomberg | Getty Images Jaguar Land Rover said Tuesday it was working on the prototype of a hydrogen fuel cell electric vehicle,
(Bloomberg) — Oil climbed as a chorus of prominent traders in the crude market said prices will continue to rise after a nearly 50% rally so far this year. Futures in New York advanced 1.8% on Tuesday to the highest level since October 2018. At the FT Commodities Global summit, Glencore Plc and Vitol Group
Technicians make repairs to bitcoin mining machines at a mining facility operated by Bitmain in Ordos, Inner Mongolia, China, on Friday, Aug. 11, 2017. Qilai Shen | Bloomberg | Getty Images China has long been home to more than half the world’s bitcoin miners, but now, Beijing wants them out ASAP. In May, the government
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