A new report from the International Energy Agency (IEA) says that investment in clean energy is “significantly outpacing” fossil fuel spending and will surpass it this year, with solar projects expected to exceed oil production expenditures for the first time. According to the World Energy Investment report, the global energy crisis that followed Russia’s invasion […]
The tech giant Microsoft has agreed to buy electricity from startup Helion Energy, which is aiming to make at least 50 megawatts of electricity from nuclear fusion by 2029. No one anywhere in the world has produced electricity from fusion yet, an energy source that powers the sun and stars and a potentially limitless source of clean power.
The U.S. Environmental Protection Agency (EPA) has released a wide-ranging new proposal for limits on greenhouse gas emissions from coal– and gas-fired power plants. If finalized, the new rule will be the first time the federal government has restricted carbon dioxide emissions from existing power plants, which generate about a quarter of the country’s emissions. […]
Major Italian oil company Eni is facing the country’s first climate lawsuit, brought by twelve Italian citizens, Greenpeace Italy and Italian advocacy group ReCommon. The plaintiffs claim the energy company with headquarters in Rome knowingly contributed to climate change by using “lobbying and greenwashing” to push for more fossil fuels despite having known the risks […]
Members of Parliament (MPs) on the Environment Audit Committee (EAC) in the UK have found that customers are having to wait as long as 15 years for solar installations. According to the EAC, the long wait times are due to a lack of sufficient investment in grid infrastructure like cables and transformers, deficient management of […]
This week, the first photovoltaic (PV) solar farm to connect directly to the UK’s National Grid transmission network started generating power. The project links Cero Generation and Enso Energy’s 49.9 megawatt (MW) Larks Green solar array to the National Grid’s 400 kilovolt Iron Acton substation near Bristol, England, a National Grid press release said. The […]
Florida Governor Ron DeSantis signed a bill into law Tuesday that targets the growth of environmental, social and governance (ESG) investing in the state. The anti-ESG legislation prevents state officials from investing public money in the promotion of ESG goals, prioritizes financial returns for state funds and pensions, eliminates ESG considerations in state contracts and […]
The state of New York has passed legislation in its latest budget that will require its public power provider to source 100% clean energy for electricity production by the end of this decade. The move boosts renewable energy and could give the public more control over their energy. The legislation allows New York Power Authority […]
In 2009, wealthy countries pledged to spend $100 billion annually, starting in 2020, with money going to low-income nations impacted by climate change. But with wealthy nations falling short each year, trust has eroded. This year marks the first time that the wealthy nations are on track to meet the $100 billion target, Annalena Baerbock, […]
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