Environment

LONDON — Renewables have an important role to play when it comes to ensuring energy security and safeguarding against the price fluctuations associated with fossil fuels, according to the U.S. energy secretary. Speaking to CNBC’s Steve Sedgwick at the COP26 climate change summit on Friday morning, Jennifer Granholm emphasized the importance of diversifying “into clean

India’s Prime Minister Narendra Modi speaks at the World Leaders’ Summit “Accelerating Clean Technology Innovation and Deployment” session at the COP26 Climate Conference in Glasgow, Scotland on November 2, 2021. Jeff J Mitchell | AFP | Getty Images India’s road to net zero carbon emissions will be long and challenging — while it’s not impossible,

U.S.-based Venture Global LNG announced on Thursday a 20-year supply agreement with China’s Sinopec, the largest long-term liquefied natural gas supply deal ever signed by an American company. “Over the term of the contract, it is going to aggregate more than 80 million tons,” Venture Global CEO Mike Sabel told CNBC’s “Worldwide Exchange.” “On a

Sometimes the sun does shine and the wind does blow. That’s most of the time in South Australia, apparently. The average share of wind and solar during October was 72%. For 29 out of 31 days, 100% of the power used in South Australia (SA) was renewable. The sky didn’t fall, the grid didn’t collapse,

In this article SPGI Wind turbines in waters off the coast of the U.K. Lakeland-Photos | iStock | Getty Images The world wants to “transition” away from fossil fuels toward green energy, but the difficult reality is this: Dirty fuels are not going away — or even declining — anytime soon. The total amount of

Australia is fast becoming the country with the most solar power generation per person in the world. The domestic market is very different to most other countries, as it is dominated by rooftop PV. Electricity for the people by the people — 13 gigawatts (GW) are now on the nation’s rooftops. That’s nearly 1 kilowatt

In this article @LCO.4 A Saudi female employee serves a customer at a hypermarket, newly launched by the operator LuLu and run by a team of women, in the Saudi Arabian port city of Jeddah, on February 21, 2021. Amer Hilabi | AFP | Getty Images DUBAI, United Arab Emirates — Business activity for major

Market forecaster Jim Bianco expects inflation’s intensity to catch up with central bank policymakers worldwide, including the Federal Reserve. The fallout could make stocks less attractive, and knock them off record highs. “Inflation is persistent and you’ve got to start thinking about moving your policies more aggressively towards tightening,” the Bianco Research President told CNBC’s

In this article BLK LONDON — Larry Fink, chair and CEO of BlackRock, says the so-called energy transition toward greener power has to be radically rethought and blasted oil firms for selling out to private companies. Speaking at the Green Horizon Summit chaired by CNBC’s Julianna Tatelbaum during the COP26 climate conference in Glasgow, Scotland,

[Editor’s note: It is good to remember that because many places, such as many parts of India, are behind in development, they are able to develop green infrastructure at a point before more damage is done. This is the one blessing of underdeveloped countries. As they play catchup in development, they can start more originally

The Basalt Vista community, nestled high in the mountains in Basalt, Colorado, is about to get a whole lot smarter in the pursuit of energy efficiency and renewable energy integration. The National Renewable Energy Laboratory (NREL) is installing its R&D 100 Award-winning foresee™ software in local homes to field-test smart energy management and community-level energy aggregation and

António Guterres, UN Secretary General, uttered those forthright remarks above in the opening speech to the COP26 climate summit in Glasgow. The mood was somber as dignitaries from across the world gathered to assess the state of the climate crisis and to commit to achieving additional zero emissions goals. In the midst of scrutiny and

GLASGOW, SCOTLAND – NOVEMBER 01: Indian Prime Minister Narendra Modi presents his national statement on day two of COP26 at SECC on November 1, 2021 in Glasgow, United Kingdom. 2021 sees the 26th United Nations Climate Change Conference. Pool | Getty Images News | Getty Images LONDON — Some of the world’s largest polluters were

Wind turbine blades might look elegant, even ballet-like, as they glide through the air. But, much like ballet, achieving that simple grace requires complex, advanced engineering. NREL researchers build a 13-m thermoplastic blade at NREL’s CoMET facility. Photo from the National Wind Technology Center at the NREL Flatirons Campus. (Photo by Ryan Beach / NREL)

In this article XLE Energy led the markets for another month. The second-best S&P 500 performer, just behind consumer discretionary, rose 10% in October and added to a 52% gain for the year. Industry heavyweights Chevron and Exxon both reported better-than-expected profits on Friday morning thanks to surging oil prices. West Texas Intermediate crude also

An oil pump jack in a field with wind turbines in Corpus Christi, Texas, U.S., Friday, Feb. 19, 2021. Eddie Seal | Bloomberg | Getty Images A day-long Congressional hearing on ‘climate disinformation’ on Thursday, where executives of some of the world’s largest oil companies defended themselves against lawmakers, ended with House Oversight and Reform

Every time I write about solar vehicles, I get the same thing from people in the comments and on social media, like: “That’s a stupid gimmick that’ll add like a mile a day.” “What a joke. That can’t even run the air conditioning.” While these statements have been true for decades, solar technology and EV

Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters DUBAI, United Arab Emirates — Saudi Arabia’s oil giant Aramco posted a stunning 158% increase in third quarter net income to $30.4 billion dollars, as the world’s largest oil companies continue to benefit from the reopening

A crowded bar in Paris’ 6th Arrondissement as Parisians embrace the lifting of Covid-19 restrictions as cafes and restaurants across France re-open for the first time in over 6 months. Kiran Ridley | Getty Images News | Getty Images Euro zone inflation hit a new 13-year high in October, as the currency bloc battles surging

A few weeks ago, right-wing media site NewsMax ran a piece centered around an out-of-context Elon Musk quote. “If we shift all transport to electric than electricity demand approximately doubles … this is going to create a lot of challenges with the grid,” NewsMax quoted Musk as saying, before going on to scare readers about