Wind energy installations must quadruple to hit net-zero goals: GWEC

Wind energy installations must quadruple to hit net-zero goals: GWEC

Onshore and offshore wind turbines photographed in Flevoland, the Netherlands. Mischa Keijser | Picture Source | Getty Images The wind energy sector had its second best year in 2021 but installations will need to dramatically increase going forward to keep track with net-zero goals, according to a new report from the Global Wind Energy Council. … Read more

Joe Manchin opposes SEC climate disclosure rule

Joe Manchin opposes SEC climate disclosure rule

Chairman Joe Manchin, DW.Va., conducts a Senate Energy and Natural Resources Committee hearing on domestic and international energy price trends, in Dirksen Building on Tuesday, November 16, 2021. tom williams | CQ-Roll Call, Inc. | Getty Images Sen. Joe Manchin said Monday that he is “deeply concerned” about the new climate disclosures proposed by the … Read more

Germany works to cut Russian control of critical energy facilities – POLITICO

Germany works to cut Russian control of critical energy facilities – POLITICO

Press play to listen to this article Having spent years cozying up to Russian oil and gas interests, Germany is now scrambling to loosen their grip and take back control of its critical energy infrastructure. Berlin is looking into forcing Kremlin-backed Gazprom to sell critical gas storage facilities across Germany, effectively meaning an expropriation of … Read more

Biden’s plan to lower gas prices could take weeks. How to pay less now

Biden's plan to lower gas prices could take weeks.  How to pay less now

Filling up at the pump comes with a hefty dose of sticker shock. Russia’s invasion of Ukraine and global supply concerns have sent gas prices to record highs — hitting $6 in some parts of the country. To combat the spike in energy costs, the White House said it will release 1 million barrels of … Read more

Millions of Brits plunged into ‘fuel poverty’ as energy bills surge

Millions of Brits plunged into 'fuel poverty' as energy bills surge

A protester holds a ‘Save Us From The Energy Crisis’ placard during a rally in London. British households face soaring energy bills from April 1 as the country’s energy price cap rises by 54%. Vuk Valcic | Sopa Pictures | light rocket | Getty Images The number of English households in fuel poverty will double … Read more

Biden Invokes the Defense Production Act to Fix the Lithium Shortage

Biden Invokes the Defense Production Act to Fix the Lithium Shortage

The first question to ask about the lithium shortage is whether there is a shortage at all. Lithium is an element that is at once everywhere and nowhere. Gather up a thimble of dirt in parts of western US states like Nevada, and chances are you’ll find a little of it there between your thumbs. … Read more

Biden to invoke Defense Production Act for EV battery materials

Biden to invoke Defense Production Act for EV battery materials

US President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the US Strategic Petroleum Reserve, as part of administration efforts to lower gasoline prices, during remarks in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, US, March 31, … Read more

Stocks Finish Lower as US Eyes Reserve Release

Stocks Finish Lower as US Eyes Reserve Release

Stocks and oil prices dropped Thursday as President Biden prepares a substantial release of oil reserves to staunch soaring energy prices and inflation. The S&P 500 fell 72.04 points, or 1.6%, to 4530.41. The Nasdaq Composite Index lost 221.76 points, or 1.5%, to 14220.52. The Dow Jones Industrial Average gave up 550.46 points, or 1.6%, … Read more

Biden expected to announce record release from US strategic oil reserves – live | news

12.20pm EDT 12:20 It also emerged during the Nancy Pelosi press conference that she is planning a House hearing on the ethics of the US supreme court, in the wake of the insurrection scandal involving Justice Clarence Thomas‘s wife Ginni. Thomas has been silent amid calls for his resignation over his wife’s supportive texts to … Read more

How hackers and geopolitics could derail the planned energy transition

How hackers and geopolitics could derail the planned energy transition

This image shows an onshore wind turbine in the Netherlands. Mischa Keijser | Picture Source | Getty Images Discussions about the energy transition, what it means and whether it’s actually underway at all, have become major talking points in recent years. How the transition — which can be seen as a shift away from fossil … Read more