Clean Energy Investment Trouble
After rapid growth over the last decade, green energy investment rose only 7% last year to $1.96 trillion. The worst news was that investment in China, the world’s leader in the sector, fell.
After rapid growth over the last decade, green energy investment rose only 7% last year to $1.96 trillion. The worst news was that investment in China, the world’s leader in the sector, fell.
At first, it doesn’t make sense. Solar should benefit from oil’s loss, but many solar components are being blocked at the entrance to the Strait of Hormuz.
The Trump Administration may pay a wind energy company $1 billion to drop a current offshore project. He has lost his challenges to the industry in court. This may be his only avenue.
BYD, the world’s largest EV company, is sending EVs to Canada. The Trump Administration has 100%
Attacks on refineries in the Middle East have sent oil prices to $115. That means $5 gas for Americans and higher prices for other items. That, in turn, threatens a recession. President Trump has just approved a major offshore drilling project that will add to crude supply. However, this endangers the environment in the Gulf…
Most people think storms across the US cause damage because of tornado destruction or high winds. Not so, say the journal Science. The big destruction comes from hail.
The Trump Administration has tried to block offshore wind projects. He has lost most of the court challenges to uphold the ban. However, he said he would continue to take more wind out of green air initiatives
Trump has sued to water down the Clean Air Act in California. It was created to make EVs more attractive. The President says people should be able to buy any car they want to.
NVIDIA’s new AI chips use less electricity than older models. If that is true, pressure on electricity prices for Americans could ease.
As EV cars emerged, so did truck versions. Truckers stayed with diesel, which is near $5 a gallon. That makes the math of the truck industry ugly. And, a slowdown in trucking hurts the US supply chain.
Bloomberg says gas prices are high enough that people have started to look at EVs again. Climate Crisis247 would add its bad news for GM and Ford who just exited the EV business
The US says that the ongoing reliance on fossil fuels to provide the world’s energy is foolish and will only cause more trouble over time.
No matter what people think of the Middle East war politically, it is driving oil prices above $100. That means $5 gas. It also means other parts of the US supply chain are broken. Inflation causes discretionary income to drop. Falling income almost always causes a recession.
The environmental movement has been opposed to nuclear energy for years. Now that AI data centers need it, that has changed
Gas prices have soared this week to $3.68, which is their highest level in more than a year. The average American will pay $1,000 more for gas than when prices were below $3 last month.
BP got an agreement to start a $5 billion program to drill in the Gulf. It was an important part of the Trump Administration’s energy plans.
After months of shutting down offshore wind projects, Donald Trump lost his case in court. Efforts to focus on oil and coal haven’t worked. Wind farm Revolution Wind has come online
Research firm Morning Consult analyzed car brands based on experiences with issues such as repairs and reliability. Toyota and Chevy showed up in the top 10. Tesla did not make the cut.
Most people don’t know it, but parts of NYC are below sea level. The flood watch today means some of those will be flooded. The problems could be fixed but the price tag is billions of dollars
Renewables are supposed to replace expensive fossil fuels like coal and cut electricity prices. The problem is, it could take years to get solar and wind connected to America’s aging grid
There was record-breaking heat in parts of California and Texas over the weekend, with temperatures rising into the 90s. At the time, the snow in the Western mountains was at low levels, meaning less spring water. Put the two together, and the wildfire risk jumps.