Labour’s special tax on North Sea water triggers backlash in industry
The government’s plans for Oil and gas from the North Sea are a “harsh reaction” that could endanger hundreds of thousands of jobs – not only in the energy sector, warned several leading figures in the industry. In an open…
Ford puts the brakes on electric trucks and SUVs and focuses on hybrid and commercial vehicles • Carbon Credits
Ford Motor Company has announced a significant change in its electric vehicle strategy that will impact its production plans and financial outlook. The automaker is postponing the launch of a next-generation all-electric pickup truck and halting development of a new…
Biden’s IRA promotes half a trillion dollars investment in green technology
The introduction of the Biden administration’s Inflation Reduction Act (IRA) has led to a rapid acceleration of the green transition, supported by high levels of domestic manufacturing and a rapid increase in the country’s renewable energy capacity. The IRA is…
Supercapacitor technology could enable phone batteries to be charged in seconds and electric vehicles in minutes » TwistedSifter
Energy storage has made great strides in recent generations, but it still represents a major bottleneck for some of the technologies that have the potential to move the world forward. For example, while electric vehicles are becoming increasingly popular, the…
Technology companies are racing to use nuclear power
As energy demand increases rapidly, technology companies are looking for innovative solutions to meet the demand created by artificial intelligence (AI) and other new technologies. In addition to solar and wind energy, several technology companies are investing in nuclear energy…
Winds of change – new technology is steering commercial shipping towards a more sustainable future
Thanks to EU-funded researchers, cargo ships and cruise ships could soon harness the power of wind and waves to reduce their carbon emissions. From Tom Cassawers In August 2023, the five-year-old cargo ship Pyxis Ocean made history when it set…
“Feeding renewable energy into the power grid”
A coal-fired power plant could prove to be an unexpected ally for the construction of a huge solar park in Queensland, Australia. According to Renew Economy, Edify Energy has received approval to build a 200-megawatt solar farm and a 200MW/800MWh…
2 Energy Stocks You Can Buy for $116 and Hold Forever
Energy is the foundation not only of the economy but also of modern life, so it’s a good place to look for long-term investment ideas – stocks you can reasonably buy and hold indefinitely. However, some energy companies, such as…
NWF and government partners celebrate sale of Central Atlantic wind energy sites
On August 14, 2024, the Department of the Interior held an offshore wind auction in the Mid-Atlantic for two lease areas; one 26 nautical miles from the mouth of Delaware Bay (Delaware and Maryland) and the other 35 nautical miles…
IRA tax credits: Philadelphia region demands $500 million
Obstacles for low-income households Some of the activities and goods covered by the tax credits, such as energy audits, insulation and efficient appliances, can help lower households’ utility bills. But nationally, higher-income households disproportionately used the tax credits for expenses…
