Unveiled at COP27, the U.S. has announced a carbon trading market that it hopes will encourage companies to purchase carbon credits, with the resulting funds to be used toward investing in clean energy projects.
The energy crisis has some companies and politicians calling for an increase in fossil fuel exploration, but new data shows that this solution is unnecessary as well as detrimental to avoiding the worst impacts of the climate crisis.
Senator Kyrsten Sinema agreed to move ahead on the $369 billion Inflation Reduction Act, paving the way for passage of a long-awaited package of climate and clean energy investments. The Arizona Democrat announced Thursday night that she and Democratic leaders had struck a deal to change some of the pay-fors in the bill, which under Senate reconciliation rules can pass with just 50 votes but may only deal with issues of taxing and spending.
By Jo Harper Investment in U.S. offshore wind projects are set to hit $78 billion (€69 billion) this decade, in contrast with an estimated $82 billion for U.S. offshore oil and gasoline projects, Wood Mackenzie data shows. This would be a remarkable feat only four years after the first offshore wind plant — the 30 […]
By Emily Grubert Natural gas is a versatile fossil fuel that accounts for about a third of U.S. energy use. Although it produces fewer greenhouse gas emissions and other pollutants than coal or oil, natural gas is a major contributor to climate change, an urgent global problem. Reducing emissions from the natural gas system is […]
By Sam Edwards The Isthmus of Tehuantepec in southern Mexico is one of the windiest places on earth. Hemmed in by two mountain ranges, the flat strip of land between the Pacific and the Gulf of Mexico is a natural wind tunnel. A single gust can flip over cars. It’s the perfect place for turbines. […]
By Kimberly White The City of Houston has committed to 100 percent renewable energy. Mayor Sylvester Turner announced that the city has teamed up with NRG Energy to power all municipal operations with renewable energy beginning in July. Through the partnership, the City of Houston will receive 1,034,399 MWh of renewable electricity from a utility-scale […]
By Fino Menezes April 2020 was the first month ever that renewables generated more electricity than thermal coal in the United States every single day, while across the Atlantic, the United Kingdom’s rapid decarbonization of its electricity grid has achieved another significant milestone – completing a whole month (30 days) without coal power for the […]
By Stuart Braun 1.3 billion plastic bottles are sold daily around the world. And that’s just the tip of the fossil-based plastic iceberg. Plastic preserves our food. It’s in the nylon and polyester we wear, and it protects medical staff from the coronavirus. Petroleum-based plastics dominate the market because they’re durable, light-weight and cheap, but […]
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