A Boeing 737-990 (ER) operated by Alaska Airlines takes off from JFK Airport on August 24, 2019 in Queens, New York. Bruce Bennett | Getty Images Microsoft on Thursday said it plans to buy alternative jet fuel for some Alaska Airlines flights, the technology giant’s latest effort to reduce carbon emissions, this time those generated
Energy News
As the Ford Bronco and Jeep Wrangler battle over traditional off-road supremacy next year, General Motors has its sights set on a new segment with a different competitor: Tesla. The Detroit automaker resurrects the Hummer on Tuesday night as an all-electric “supertruck” that’s set to go on sale in roughly a year – likely ahead,
One of the market’s worst-performing sectors this year has turned the tables. S&P 500 utilities stocks have been the top sector over the past month and in October, with the group now approaching a key bullish pattern known as a golden cross, when the 50-day moving average crosses over the 200-day moving average. The pattern
Steam is vented through exhaust stacks at Great River Energy’s Coal Creek Station in North Dakota. Some of the largest banks in the U.S. have cut back on lending to the coal sector in recent years, but they need to do much more to lower the climate risk in their loan portfolios, a new report
Chinese workers walk on a section of the world’s largest floating solar farm project during construction. The lake was created by a collapsed and flooded coal mine in Huainan, Anhui province, China. Kevin Frayer | Getty Images News | Getty Images SINGAPORE — China, the world’s largest carbon-emitting country, has doubled down on its pledge
The solar energy trade is soaring. Invesco’s Solar ETF (TAN) has become one of the market’s hottest exchange-traded funds, up almost 139% year to date and counting as former Vice President Joe Biden leads President Donald Trump in presidential election polls. Biden’s $2 trillion infrastructure plan, which would focus on promoting clean energy, has been
The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images GUANGZHOU, CHINA — Foxconn, the Taiwan company that assembles Apple’s iPhone, has launched an platform to help automobile companies make electric cars. The technology giant is best-known for being a major assembler of
From birds that can fly for months on end to giant redwoods stretching hundreds of feet into the air, the natural world inspires awe and wonder. For thousands of years, humanity’s appreciation of nature has led to countless works of literature, art, and even innovations in design and engineering. Examples of the latter include the
Like many large businesses, dairy company Arla Foods has grand plans to reduce its greenhouse gas emissions and the firm aims to be carbon net zero by 2050. Around 85% of Arla’s total emissions come from the co-operative of 10,000 farms it has across Europe, a combination of the methane and nitrous oxide from the
General Motors is launching a splashy new ad blitz next week for the global debut of its all-electric GMC Hummer in an attempt to reach 80% of U.S. adults. The vehicle will be unveiled Tuesday during the World Series, “The Voice” and across a barrage of social media and streaming platforms The estimated viewership – roughly 255
Monika Skolimowska | picture alliance | Getty Images As the world looks to move towards a low-carbon future, the potential of “green hydrogen” — which is produced using renewable energy — has garnered increasing interest from businesses, governments and investors alike. In the last few years, major firms including Repsol, Siemens Energy, Orsted and BP
Peter Cade | Stone | Getty Images The world’s response to Covid-19 can “reshape the future of energy” for years to come, the International Energy Agency said Tuesday in its annual World Energy Outlook report. The IEA report underscored that most important of all is how the crisis will ultimately affect the transition to clean
Oil pipelines, pumping rigs, and electrical transmission lines dot the landscape along California’s “Petroleum Highway” (Highway 33) running along the northwestern side of the San Joaquin Valley on April 24, 2020, near McKittrick, California. George Rose | Getty Images News | Getty Images Despite a grim demand outlook for energy as the coronavirus pandemic continues
Silvia Lucci, her husband (left), and son (right) are part of the family team behind LUHV Foods, and its successful outposts, such as their vegan deli at Philadelphia’s famed Reading Terminal Market. Julietta Lucci When Jennifer Rodriguez relocated to Philadelphia in the late ’90s, the once-bustling South Philly neighborhood of Italian Market was in decay.
Prince William photographed in Peterborough, England, on July 16, 2020. Kirsty Wigglesworth – WPA Pool | Getty Images News | Getty Images A £50 million ($64.54 million) prize focused on the environment was launched by Prince William on Thursday, with the Duke of Cambridge describing the next 10 years as “a critical decade for change.”
CNBC’s Jim Cramer on Friday said it’s time to start taking hydrogen energy seriously as the technology emerges as a reliable alternative energy source. “If you want to speculate on a sexy long-term story, I’m bullish on hydrogen,” the “Mad Money” host said. Cramer has been skeptical of bullish trading activity in red-hot speculative stocks,
An off-shore oil platform off the coast in Huntington Beach on Sunday, April 5, 2020. Leonard Ortiz | MediaNews Group | Orange County Register | Getty Images SINGAPORE — A Biden presidency could bring 1 million barrels per day of Iranian oil back into the market, but lead to lower demand in the long run, an economist
Dan Yergin Jessica Rinaldi | The Boston Globe | Getty Images The U.S. could remain the world’s largest oil producer in five years, no matter who wins the election, and oil demand should come back strong after Covid-19. Dan Yergin, vice chairman of IHS Markit, explores these and other topics in a discussion with CNBC.
An Equinor employee talks to a reporter on a rig used to produce oil from the Johan Sverdrup oil field some 140 kilometres west from the town of Stavanger, Norway, on December 3, 2019. TOM LITTLE | AFP via Getty Images LONDON — A strike by workers in the Norwegian oil sector could soon wipe
Nikola founder Trevor Milton has sued a Utah businessman for defamation, accusing him of a “malicious campaign to harass” and discredit the billionaire by publicly accusing him over Twitter of sexually abusing women, according to the lawsuit filed Monday. David Bateman, the founder and CEO of software company Entrata, started tweeting about Milton in late September, posting