Environment

AUSTIN, TEXAS — Adam Sullivan left investment banking to mine bitcoin at an awkward time. It was May 2023, bitcoin was trading at around $21,000, U.S. regulators were in the thick of cracking down on the sector writ large, and Core Scientific, the company he had agreed to take over, was battling angry lenders in

In this article KMPR Follow your favorite stocksCREATE FREE ACCOUNT Palmetto CEO Chris Kemper Palmetto Nearly fifteen years into founding climate tech company Palmetto, Chris Kemper has seen plenty of changes across the clean energy industry, from early solar companies that are now public to Series A startups founded following the Inflation Reduction Act.  Ensuring

HELL’S GATE, Kenya — Two-and-a-half hours northwest of Nairobi by car, a small group of bitcoin miners set up shop at the site of an extinct volcano near Hell’s Gate National Park. The mine, tucked away on the edge of Lake Naivasha, is operated by a startup called Gridless and consists of a single 500-kilowatt

File photo showing an oil tanker pass through the Suez Canal, Egypt.  Peter Bischoff | Pb Archive | Getty Images Crude oil futures fell for a fourth day Thursday, as Israel has refrained from immediately striking back against Iran after the unprecedented air assault last weekend, easing fears that the Middle East is on the

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Both the S & P 500 index and the Nasdaq Composite fell Friday and were on pace for their sixth consecutive negative days. The Dow Jones Industrial was up slightly,

A customer refuels at a Shell gas station in Hercules, California, US, on Tuesday, May 23, 2023.  David Paul Morris | Bloomberg | Getty Images President Joe Biden’s top economic advisor said Thursday the White House will “make sure gas prices remain affordable” when asked whether the administration would consider tapping the Strategic Petroleum Reserve.

Kam Ghaffarian, co-founder and chairman of Axiom Space Inc., speaks during an interview at the company’s headquarters in Houston, Texas, U.S., on Friday, Jan. 14, 2022.  Go Nakamura | Bloomberg | Getty Images Jeff Bezos wants to build permanent outposts on the moon and colonize space. Richard Branson wants to make spaceflight as commonplace as

We are buying 300 shares of Coterra Energy at roughly $26.85 and 25 shares of Constellation Brands at roughly $255.56. Following the trades, Jim Cramer’s Charitable Trust will own 2,900 shares of CTRA, increasing its weighting to 2.5% from 2.23% and 375 shares of STZ, increasing its weighting to 3.05% from 2.85%. With the S

Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Olga Rolenko | Moment | Getty Images U.S. crude oil fell for the third consecutive trading session on Wednesday, dipping

Solar panels and wind turbines in the Netherlands. Daniel Bosma | Moment | Getty Images Explorer and environmentalist Bertrand Piccard has called for a renewed focus on cutting energy waste, saying it’s “hopeless” to shift to renewables without improving efficiency. Around three-quarters of the world’s energy is wasted, Piccard told an “IOT: Powering the Digital

Iranian soldiers take part in an annual military drill in the coast of the Gulf of Oman and near the strategic Strait of Hormuz. Anadolu | Anadolu | Getty Images The containership MSC Aries seized by Iran over the weekend marked at least the sixth vessel hijacked by Iran and its proxies in response to

Chinese flag on a background of coal. Andrzej Rostek | Istock | Getty Images The world added more coal power capacity last year than any year since 2016, with China driving most growth and future planned capacity, according to new research.  A report by Global Energy Monitor released Thursday found that net annual coal capacity

Markets kept their cool on Monday amid a fast-moving and volatile geopolitical landscape in the Middle East — but the longer-term risk premium has likely risen, while oil prices remain on edge, analysts said. Iran launched more than 300 drones and missiles against military targets in Israel on Saturday, marking the first direct attack on the Jewish

A refinery from the north of the Persian Gulf in Iran.  Saeid Arabzadeh | Afp | Getty Images Oil prices could soar to $100 per barrel and beyond, said market watchers, after Iran mounted an aerial attack against Israel reigniting fears of a regional war. Iran is home to vast oil resources and is the

In this article @RB.1 @LCO.1 @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT Smoke billows after Ukraine’s SBU drone strikes a refinery, amid Russia’s attack on Ukraine, in Ryazan, Ryazan Region, Russia, in this screen grab from a video obtained by Reuters, March 13, 2024.  Video Obtained By Reuters | Via Reuters Ukraine’s campaign of attacks

The International Energy Agency on Friday downgraded its forecast for 2024 oil demand growth, citing “exceptionally weak” OECD deliveries, a largely complete post-Covid-19 rebound and an expanding electric vehicle fleet. In its latest monthly oil market report, the IEA said it had revised down its 2024 oil demand growth forecast by around 100,000 barrels per

File photo of Israeli F-16 fighter jets performing during an air show over the beach in the Israeli coastal city of Tel Aviv on May 5, 2022. Jack Guez | Afp | Getty Images Crude oil futures rose Friday as Israel is reportedly preparing for a direct attack by Iran this weekend, in what would

The price of gas is displayed at a gas station on January 23, 2023 in Miami, Florida. Joe Raedle | Getty Images Crude oil futures fell on Thursday as worries about inflation overshadowed fears of a potential Iranian strike on Israel for the moment. The West Texas Intermediate contract for May delivery lost 74 cents,

Iranian people are standing in front of an anti-U.S. and anti-Israeli banner during a rally commemorating International Quds Day, also known as Jerusalem Day, and attending a funeral for members of the IRGC Quds Force who were killed in an Israeli air strike in Syria, in Tehran, Iran, on April 5, 2024. Morteza Nikoubazl |

Israeli Defence Minister Yoav Gallant (L) visit the troops participating in Gaza Strip and made a situation assessment with the commanders in Rafah, Gaza on March 13, 2024. Ariel Hermoni | Anadolu | Getty Images Crude oil futures fell for a second day Tuesday as the recent rally paused while traders took stock of where