Originally published on RMI.org.By Madeline Tyson President Biden’s infrastructure plan (The American Jobs Plan) aligns recovery stimulus and climate action. This is smart: experts conclude that the green stimulus delivers high returns in job creation. To date, stimulus hasn’t been that green overall globally but the US plan will make a positive difference for our nation and the planet. To reap the full benefits, it will be important
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(Bloomberg) — Drive down any highway in the world and you’ll see countless reminders that the price of Big Oil’s primary product is rising. What’s less obvious is how the inflationary pressures from transport fuel are being amplified by another part of this sprawling industry — chemicals. The cost of the building blocks for everything
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Utility-scale solar power offers the cheapest electricity in history. However, cheapest doesn’t always mean best, even in the electricity sector. Rooftop solar power comes with a few big benefits. Also, it doesn’t actually compete with utility-scale solar except in certain nuanced or policy ways. Rooftop solar power competes with retail electricity from the utility, rather
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(Bloomberg) — Oil slipped below $69 a barrel as traders assessed an uneven recovery in global demand. Global benchmark Brent has struggled for momentum after failing to break above $70 a barrel on Wednesday. While major crude importer India is battling a record coronavirus wave that’s sapped economic activity, there are signs of rising oil
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Total (NYSE: TOT) has revealed that the company has realized the first ship-to-containership Liquefied Natural Gas (LNG) bunkering operation in France. The business said the world’s largest LNG bunker vessel in operation, Total’s Gas Agility, completed on April 30, at the Port of Dunkirk, the refueling of the world’s largest containership powered by LNG, the CMA CGM
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The U.S. Department of Energy (DOE) today announced a slate of new efforts, including $15.5 million in new funding, to support solar energy deployment in underserved communities and build a diverse, skilled workforce. These initiatives will help families and businesses that have been left behind in the clean energy transition to reap the benefits of
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The board of directors of Velesto Energy Berhad has revealed that an incident involving its Naga 7 rig has occurred offshore Sarawak. The incident was said to have happened at a worksite due to rapid penetration into a formation on May 3 while operating for a client. Naga 7 tilted and subsequently submerged on May
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