The Biden administration proposed new rules on Friday aimed at shifting more production of electric vehicle batteries and the materials that power them to the United States, in an attempt to build up a strategic industry now dominated by China. The rules are meant to limit the role that Chinese firms can play in supplying […]
The energy industry’s most influential electric companies gathered at the 2023 Edison Electric Institute (EEI) conference this June alongside industry analysts, government officials and technology innovators to navigate the path toward a carbon-free future. Conversations were rooted in the need for advanced technologies to support a reliable and affordable electric grid—a topic I’ve written extensively […]
The global coal industry may have to shed nearly 1 million jobs by 2050, even without any further pledges to phase out fossil fuels, with China and India facing the biggest losses, research showed on Tuesday. Hundreds of labour-intensive mines are expected to close in the coming decades as they reach the end of their […]
On a craggy desert plateau in Uzbekistan, a renewable energy company from the United Arab Emirates is putting up more than 100 wind turbines. And on the other side of this vast, landlocked Central Asian nation, the same company’s owners, Emirati fossil-fuel investors, are pouring billions of dollars into a gas plant expansion. The Emirates, […]
“Mother Nature” took this week’s fall Apple event by storm. She appeared in the form of actress and producer Octavia Spencer, playing the role of a sardonic inquisitor who cross-examines CEO Tim Cook on his company’s climate promises. Luckily, Cook knew how to win her over: with a new product. He presented the latest version […]
If you want to understand the state of the world’s climate efforts, follow the money. Here’s the daunting reality: By 2030, the developing world will need more than $2.4 trillion to address climate change–not as a one-off, but every single year. Of this total, donor countries have committed to mobilize $100 billion annually, a small […]
Setting a net-zero goal is just the start of a climate strategy. The pressure is now on to deliver substantive progress. For many companies, the vast bulk of greenhouse gas (GHG) emissions lie outside the walls of their businesses in their supply chain – called “Scope 3” emissions. Having visibility to, quantifying, and ultimately managing […]
Fossil-fuel subsidies surged to a record $7 trillion last year as governments supported consumers and businesses during the global spike in energy prices caused by Russia’s invasion of Ukraine and the economic recovery from the pandemic. As the world struggles to restrict global warming to 1.5 degrees Celsius and parts of Asia, Europe and the […]
