It is clearly in the best interest of maintaining a livable climate that major energy companies shift away from fossil fuels and towards renewable sources, but a groundbreaking lawsuit argues it is in the best interest of these companies as well. Environmental law non-profit ClientEarth filed a lawsuit today against Shell’s 11-member Board of Directors, […]
A new report from the U.S. Energy Information Administration expects 54% of new electric-generating capacity in the U.S. to come from solar energy for 2023. Developers are planning to add 54.5 gigawatts of new utility-scale electric-generating capacity to the country’s power grid this year, most of it being solar, according to EIA’s Preliminary Monthly Electric […]
Germany is in the midst of a debate about when it will stop using coal. While the current coalition government under Social Democrat Chancellor Olaf Scholz wants to phase out the highly polluting fossil fuel by 2030, states in the country’s east want to maintain an earlier, less ambitious target of 2038. Now, a report […]
Scientists at Lawrence Berkeley National Laboratory (Berkeley Lab) have revealed a new battery material, which they call the Quick-Release Binder, to make battery recycling easier and more affordable. While lithium-ion battery use is expected to grow elevenfold from 2020 to 2030, materials in these batteries, like lithium, cobalt and nickel, are in increasingly limited supply, […]
The race to decarbonize passenger cars and light-duty trucks in the U.S. is accelerating. Battery electric vehicles accounted for almost 6% of all new vehicle sales in 2022, up from close to 3% in 2021, and demand is outstripping supply, even as manufacturers roll out new models and designs. The Biden administration is spending billions of dollars to build out EV charging networks and providing incentives for purchasing new and used EVs.
A study released by the Biden administration recommends giving the go-ahead to an $8 billion oil drilling project on Alaska’s North Slope. Environmentalists have expressed fervent opposition to the ConocoPhillips Alaska Willow project, saying it goes against the president’s commitments to renewable energy and the reduction of carbon emissions from fossil fuels. The U.S. Department […]
Researchers have produced green hydrogen by splitting seawater, without the use of pre-treatments like reverse osmosis desolation, purification or alkalisation, in a new study. The team used an inexpensive catalyst to split seawater into oxygen and hydrogen, with nearly 100% efficiency. Researchers from the University of Adelaide, Tianjin University, Nankai University and Kent State University […]
2022 was a difficult year for the European Union energy-wise. Russia’s invasion of Ukraine in February reduced the supply and upped the price of gas, while a summer drought strained its hydroelectric resources.
What could dwarf Chevron’s biggest-ever profits of $35.5 billion in 2022 — besides the mounting costs of climate-fueled disasters, of course? You guessed it: ExxonMobil’s 2022 profits. Exxon cleared a net profit of $56 billion in 2022, besting its previous record of $45.22 billion in 2008 by more than 23%, making it the most profitable year for […]
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