Article courtesy of RMI.By Katie Siegnerm, Mark Dyson, & Gabriella Tosado Despite serving only 13 percent of US electricity load, electric cooperatives loom large in conversations about the US energy system’s past, present, and future. The initial vision for nonprofit electric co-ops dates back to the New Deal, when the Rural Electrification Act of 1936 authorized
By Joey Klender Posted on July 24, 2021 Tesla owners are some of the most enthusiastic automotive enthusiasts in a sector full of brand loyalty, and it doesn’t just apply to owners within the United States. A new survey shows that Tesla drivers are the most satisfied electric vehicle owners in Norway, the country with
John Kerry gives a speech at the Royal Botanic Gardens, Kew, London on July 20, 2021. TOLGA AKMEN | AFP | Getty Images The United States’ climate envoy John Kerry issued a stark warning on Tuesday, claiming that the suffering brought about by the Covid-19 pandemic would be “magnified many times over in a world
The U.S. rotary rig count is within striking distance of hitting the 500 mark, adding seven rigs to reach 491 this week, Baker Hughes Co. (NYSE: BKR) reported Friday. In its weekly count of operating rigs Baker Hughes noted that all seven of the additional U.S. drilling units are oil rigs, now totaling 387. The
A coalition composed of the Institute For Local Self-Reliance, Solar United Neighbors Action, the Initiative For Energy Justice, and Solar United Neighbors has created a white paper urging the federal government to create policy and funding initiatives that would support the addition of rooftop solar to 30 million US homes. The proposal claims the 30
In this article TSLA Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Liesa Johannssen-Koppitz | Bloomberg | Getty Images Tesla CEO Elon Musk said Wednesday that his electric vehicle and solar business could help bitcoin miners switch to
By Joey Klender Posted on July 23, 2021 Rivian has announced another successful private funding round led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company, along with funds and accounts advised by T. Rowe Price. Third Point, Fidelity Management and Research, Dragoneer Investment Group, and Coatue participated in the second investment round
Rivian announced that it closed a $2.5 billion investment round with investments from Amazon, Ford, and others. The automaker also confirmed that it’s looking for a location for a second electric vehicle factory in the US after the media reported on the project. As we have often reported in the past, Rivian has been quite
In this article TSLA DAI-DE VOW3-DE Sina Schuldt | picture alliance | Getty Images Germany’s Daimler said Thursday that its Mercedes-Benz brand would “be ready to go all electric at the end of the decade, where market conditions allow.” It’s the latest sign of how major automotive firms are gearing up for a future based
(Bloomberg) — Oil squeezed out its first weekly gain in three on signs that global demand is holding up despite concerns that the renewed spread of the virus could stall the recovery. Futures in New York rose 0.2% this week, completely recouping a selloff on Monday that was stoked by the rapidly spreading delta variant.
The Australian government is keen on an economic recovery from covid that is led by gas — used domestically and also sold to our Asian trading partners. Gas, they say, is the bridge to a cleaner future. They promote and fund gas over any form of renewable energy. Australian conservative politicians at the federal level
Drazen_ | E+ | Getty Images Swedish energy firm Vattenfall has been given a permit to build a project in the Netherlands that plans to combine solar power with farming, in the latest example of how renewables and agriculture can potentially dovetail with one another. In a statement earlier this week Annemarie Schouten, Vattenfall’s head
Journalists are reflected in the sunglasses of drilling site manager Greg Murphy during a media day at Chevron’s site in Pungesti, Romania, April 8, 2014. Bogdan Cristel | Reuters The challenges around climate and renewable energy appear to be outweighing higher oil prices for investors, and that dynamic will hold back stocks like Chevron, according
By Simon Alvarez Posted on July 22, 2021 Tesla has rolled out its latest round of price adjustments to the Model 3 sedan and the Model Y crossover’s Dual Motor AWD variants. Prices for other vehicles in the company’s lineup remained consistent for now. With the most recent price adjustment, the Tesla Model 3 Long
President of Iran, Hassan Rouhani speaks during the National Combat Board Meeting with Coronavirus (Covid-19) in Tehran, Iran on Nov. 21, 2020. Iranian Presidency Handout | Anadolu Agency | Getty Images WASHINGTON – Iran opened its first oil terminal in the Gulf of Oman on Thursday, a move aimed at making Iranian President Hassan Rouhani’s
(Bloomberg) — Oil rose to the highest in a week amid expectations that recovering demand from the U.S. to India and Europe will further tighten global crude markets. Futures in New York climbed 2.3% on Thursday after posting the biggest gain in three months on Wednesday. Gasoline demand is essentially back to normal in many
Generate Capital Community Solar Project, 17B, in New York, courtesy of NY Governor Cuomo. New York’s solar growth has climbed 2,100% since the NY-Sun initiative was launched in 2011. The cost of solar dropped 69% in that same period. Naturally, there are large global trends driving these results, but they are great for New York
In this article WM RSG A rising industry America has long remained one of the most wasteful countries in the world, generating 239 million metric tons of garbage every year, about 1,600 to 1,700 pounds per person. While some view it as a threat to our environment and society, the solid waste management industry sees
By Maria Merano Posted on July 21, 2021 Tesla and BHP, a global mining company in Australia, signed a nickel supply agreement with each other recently. BHP will supply Tesla with nickel from its Nickel West asset in Western Australia. The mining company assured that its Nickel West asset is one of the most sustainable
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