By William Johnson Posted on September 23, 2022 According to research published by the International Energy Agency, EV sales are expected to reach all-time highs this year. The International Energy Agency (IEA) recently published an analysis of 55 different “energy areas” where the world must improve to achieve net zero carbon emissions. One of these
The Inflation Reduction Act signed into law by President Joe Biden in August includes historic investments to combat climate change. It may also open new avenues for fraud by expanding a program that has given federal authorities fits for years. The Renewable Fuel Standard, passed with broad bipartisan support in 2005, uses a system of
A Microseismic truck in a West Texas oil field. Microseismic In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. By 2013, when Microseismic was selected for the inaugural CNBC Disruptor 50 list, it was pretty far from the “start” in startup, already in its
Tesla electric cars photographed in Germany on March 21, 2022. According to the International Energy Agency, electric vehicle sales are on course to hit an “all-time high” this year. Sean Gallup | Getty Images News | Getty Images Electric vehicle sales are on course to hit an all-time high this year, but more work is
Oil is set to rebound in the fourth quarter, according to some of Wall Street’s leading banks, as low inventories and sustained demand underpin a recovery despite growing concerns of a global slowdown. JPMorgan Chase & Co. forecasts London’s Brent oil at $101 a barrel for the final three months of 2022, while Goldman Sachs
By Maria Merano Posted on September 22, 2022 SpaceX is providing Starlink high-speed internet to schools in the Amazon region. Recently, Brazil’s Minister of Communications Fabio Faria tweeted an update about SpaceX and Starlink service in local schools. In May 2022, Faria tweeted a short clip featuring Elon Musk. The pair announced ongoing negotiations between
Here at Electrek, I’ve had the rough job of testing literally hundreds of electric bicycles over the past few years (ok fine, it’s super fun). I’ve seen everything from bargain basement models to several ultra high-end electric bikes with cutting-edge materials and advanced production processes. Sometimes the cheapest electric bikes leave me wanting more, while
U.K. Chancellor Kwasi Kwarteng outside 10 Downing Street. Britain will cap the cost of electricity and gas for businesses. Rob Pinney | Getty Images News | Getty Images LONDON — The new U.K. government announced a sweeping program of tax cuts and investment incentives Friday, as Prime Minister Liz Truss seeks to boost the country’s
Jose A. Bernat Bacete | Moment | Getty Images The vast majority of Americans support both corporate transparency on climate as well as federal requirements for corporations to disclose their climate data, from emissions to emission reductions to sustainability programs and climate commitments. But although many corporations are improving on these pledges, some sectors are
The derrick is seen behind anti-fracking banners at Cuadrilla’s Lancashire fracking site. Christopher Furlong | Getty Images LONDON — The U.K. government lifted its ban on fracking Thursday, citing the need to increase domestic energy supply following the Russian invasion of Ukraine. In her first major address on Sept. 8, new Prime Minister Liz Truss
At the time of writing, there are five weather disturbances being tracked in the Atlantic by the U.S. National Oceanic and Atmospheric Administration’s (NOAA) National Hurricane Center (NHC). The strongest of those is Hurricane Fiona, which is said to have maximum sustained winds of 130 miles per hour. Fiona is currently expected to affect portions
By Maria Merano Posted on September 22, 2022 Tesla has a number of key advantages over its rivals in the electric vehicle sector. The size and cost efficiencies of Tesla Superchargers are definitely among them. As stated in a report from Bloomberg News, a recent EV charger price survey indicated that it costs as low as
Air tickets may become more expensive — thanks to the lack of refining capacity and the financial state of airlines, said William Walsh, the director-general of the International Air Transport Association (IATA). The decline in refining capacity during the pandemic, and higher jet fuel prices caused by the increase in demand for fuel are “of
Part of a hydrogen-powered train photographed in Germany on Aug. 24, 2022. European Commission President Ursula von der Leyen expressed support for hydrogen during her State of the Union address on Sept. 14 Carmen Jaspersen | AFP | Getty Images The European Commission on Wednesday approved up to 5.2 billion euros (roughly $5.2 billion) in
From cutting down on shower time, driving slower and fining shopkeepers for not closing their doors, Europeans are embarking on a target of reducing energy usage in time for winter, and some citizens have taken to social media to share their experiences. For example, German Christopher Hipp offered tips on Twitter on how to defrost
$80 is the new $60 for oil, according to a new BofA Global Research report, which was sent to Rigzone on Tuesday. “As world GDP expands by just 2.5 percent next year, according to the BofA economics team, global oil demand growth should slow further,” the BofA Global Research report stated. “Weaker growth kicks in
By Maria Merano Posted on September 20, 2022 Tesla has a new head for its legal department, according to recent filings for the Elon Musk versus Twitter case. The new head comes just as Twitter prepares to depose the Tesla CEO. The new head of Tesla legal is Donna Eskin. She takes on the role
Police departments around the country have been going electric quickly. You might think that means more cops in Teslas and electric trucks, but many departments are seeking out electric two-wheelers for patrol use. The latest example happens to be on a fleet of Harley-powered Serial 1 electric bikes. Harley-Davidson motorcycles are the traditional motorized two-wheelers
Uniper has received billions in financial aid from the German government as a result of surging gas and electric prices following Russia’s war in Ukraine. Picture Alliance | Picture Alliance | Getty Images The German government on Wednesday agreed to the nationalization of utility Uniper as it strives to keep the industry afloat in the
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Megapack in Moss Landing, California Andrew Evers | CNBC At least one Tesla Megapack caught fire early Tuesday morning at the energy storage facility operated by utility PG&E in Monterey, California. As of late Tuesday morning, there were no power outages for PG&E