Energy

‘Clean Energy Is Moving Fast’: Investments in Renewables Will Overtake Fossil Fuels for the First Time This Year, IEA Says

‘Clean Energy Is Moving Fast’: Investments in Renewables Will Overtake Fossil Fuels for the First Time This Year, IEA Says

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 […]

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    Microsoft Signs Nuclear Fusion Power Deal Under Sustainability Banner

    Microsoft Signs Nuclear Fusion Power Deal Under Sustainability Banner

    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.

    EPA Proposes First Greenhouse Gas Emissions Rules for Power Plants

    EPA Proposes First Greenhouse Gas Emissions Rules for Power Plants

    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. […]

    Italy’s First Climate Lawsuit Targets Major Oil Company Eni

    Italy’s First Climate Lawsuit Targets Major Oil Company Eni

    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 […]

    A Solar Farm Connects Directly to the UK Grid for the First Time

    A Solar Farm Connects Directly to the UK Grid for the First Time

    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’s DeSantis Signs Aggressive Anti-ESG Legislation

    Florida’s DeSantis Signs Aggressive Anti-ESG Legislation

    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 […]