President Joe Biden used his veto power on Monday for the first time since becoming president to reject a bill passed by the majority-Republican Congress that would have reversed a Labor Department rule involving environmental, social and governance (ESG) considerations for investment fund managers. The proposed legislation would have stopped pension fund managers from being […]
German carmaker Volkswagen (VW) has announced the details of a new electric car concept — dubbed the ID. 2all — that will sell for less than $26,534. The car company is aiming for 80 percent of its passenger vehicle sales in Europe to come from electric vehicles (EVs) by 2030, reported Reuters. “We are implementing […]
Some opponents to solar farms have argued that they will have a major, negative impact on local property values. A new study, and the largest of its kind, sought out to analyze the true impact that solar farms could have on property values. The researchers found that homes within a 0.5-mile radius of utility-scale farms […]
The collapse of Silicon Valley Bank (SVB) is generating questions about the viability of the clean energy companies it financed, as the bank had long been a favorite of renewable startups because of its understanding of the clean tech marketplace and clean tech-focused financing tools.
Could floating solar panels be the energy source of the future? That’s what one team of researchers was determined to find out. As it turns out, floating solar panels covering portions of water reservoirs could provide enough energy to power thousands of cities around the world, according to a new study. The study, published in […]
One of the greatest environmental challenges of the renewable energy transition is ensuring that the new energy-generating devices themselves — from solar panels to wind turbines to lithium batteries — are made and disposed of sustainably. That’s why it’s promising that recycled turbine blades are catching wind. Major turbine maker Siemens Gamesa announced Thursday that […]
Australia made a massive investment in renewable energy towards the end of 2022 — channeling $4.3 billion towards large scale carbon-free electricity generation and storage developments. This is the highest quarterly investment since 2018, according to data reported Thursday by the nonprofit renewable industry group the Clean Energy Council. But more is still needed for […]
In 2019, the U.S. Department of Energy initiated the Waves to Water Prize. The contest’s goal was to encourage the development of small desalination systems which could help coastal communities in times of climate disaster and recovery and also to help provide clean drinking water to areas where water is scarce. In April of 2022, […]
SUVs are often seen as the symbol of excessive fossil fuel consumption, but how bad are they really for the climate? Very, it turns out. New data from the International Energy Agency (IEA) released last week found that the carbon dioxide emissions from SUVs rose by nearly 70 million tonnes in 2022 to reach a […]
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