In this article MAERSK.B-DK The container ship MORTEN MÆRSK heading to Hamburg on April 22, 2020. eyewave | iStock Editorial | Getty Images The CEO of shipping giant Moller-Maersk admitted to CNBC Thursday that shifting to “green” fuels would come at a cost, but emphasized the importance of focusing on the bigger picture rather than
Environment
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey’s payments company Block (formerly Square) is going to start mining for bitcoin. In a string of tweets,
A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images Although it will come down from imminent peaks, inflation is unlikely to normalize in the near future, according to Francesco Curto, head of research at asset management firm DWS, as
Ubiquitous Energy solar energy capturing windows installed at Michigan State University. Courtesy of Ubiquitous Energy A material science start-up, Ubiquitous Energy, is raising tens of millions of dollars to turn windows into surfaces that capture solar energy. The California start-up announced on Tuesday it closed a $30 million funding round, including an investment from consumer
Bloomberg | Getty Images Investments related to cryptocurrencies and digital assets are the top threat to investors “by far,” according to new data from the North American Securities Administrators Association (NASAA). “Stories of ‘crypto millionaires’ attracted some investors to try their hand at investing in cryptocurrencies or crypto-related investments this year, and with them, many
Cooling towers at the Tricastin Evolutionary Power Reactor nuclear power plant in France. Bloomberg | Bloomberg | Getty Images A controversial EU plan to include nuclear and natural gas in its ranking of sustainable investments is confusing and could lead to further greenwashing, investors told CNBC. The European Commission, the executive arm of the EU,
Kazakh law enforcement officers are seen on a barricade during a protest triggered by fuel price increase in Almaty, Kazakhstan January 5, 2022. Pavel Mikheyev | Reuters Over the span of just two days, what began as protests over spiking fuel prices have snowballed into the most serious unrest the Central Asian nation of Kazakhstan,
In this article DAI-DE TSLA A Tesla Model 3 photographed in London, England, on May 16, 2019. John Keeble | Getty Images News | Getty Images LONDON — A record 190,727 new battery electric cars were registered in the U.K. last year, according to figures released on Thursday, with Tesla’s Model 3 the best-selling battery
The Linde AG logo on a liquid hydrogen tanker truck taking a fuel delivery at the Linde hydrogen plant in Leuna, Germany, on Tuesday, July 14, 2020. Rolf Schulten | Bloomberg | Getty Images Hydrogen is the simplest element, and the most abundant substance in the universe. When hydrogen burns, it generates energy in the
Sarayut Thaneerat | Moment | Getty Images Victims of the $200 million BitMart hack say that five weeks have passed since the crypto exchange vowed to return their money, but many still haven’t seen a dime. “I’m not one to bitch and moan a lot,” said Paul DeLong, a business owner in Austin. “BitMart, from
An artist rendering of Oklo’s Aurora powerhouse Image credit: Gensler Federal regulators have denied the application from Silicon Valley nuclear power start-up Oklo to build and operate its advanced nuclear reactor, dubbed Aurora, in Idaho. The Nuclear Regulatory Agency filed the decision on Thursday and cited lack of sufficient information about potential accidents and safety
Kazakh law enforcement officers gather in a square during a protest against LPG cost rise following authorities’ decision to lift price caps on liquefied petroleum gas in Almaty, Kazakhstan January 5, 2022. Pavel Mikheyev | Reuters Rising food and fuel prices pose serious challenges for emerging market countries, according to one economics risk analyst, who
As the Central Asian nation of Kazakhstan plunged into chaos this week, an internet shutdown hit the world’s second-biggest bitcoin mining hub, in yet another blow to miners searching for a permanent and stable home. Less than a year ago, China banished all of its cryptocurrency miners, many of whom sought refuge in neighboring Kazakhstan.
European Union foreign policy chief Josep Borrell and Ukrainian Foreign Minister Dmytro Kuleba visit the line of contact in Luhansk, Ukraine. Anadolu Agency | Anadolu Agency | Getty Images The United States and Russia are having key talks next week and the EU’s top diplomat is disappointed that the bloc will not be around the
A gas cooker is seen in Boroughbridge, northern England. Nigel Roddis | Reuters LONDON — Europe is facing continued volatility in its wholesale gas markets, prompting concerns across the region that an energy crisis could be about to get even worse. The front-month gas price at the Dutch TTF hub, a European benchmark for natural
A worker adjusts a pipeline valve at the Gazprom PJSC Slavyanskaya compressor station, the starting point of the Nord Stream 2 gas pipeline, in Ust-Luga, Russia, on Thursday, Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images Russia will lose tens of billions of dollars if a pipeline project to transport gas to Germany is
A worker in an oil field developed by Almetyevneft, an oil and gas production board (NGDU) of Tatneft. Yegor Aleyev | TASS | Getty Images An influential group of some of the world’s largest oil producers will meet on Tuesday to discuss the next phase of output policy as energy investors weigh the potential impact
In this article SIL-IN When Elon Musk unveiled the Tesla Solar Roof in 2016, it was the first that many people had heard of solar shingles. But the idea of a roofing product that can both generate energy and blend in with regular asphalt shingles has been around for decades. Companies from Dow Chemical Company
A healthcare worker administers a COVID-19 PCR test at a free test site in Farragut Square on December 28, 2021 in Washington, DC. Anna Moneymaker | Getty Images A Covid-19 outbreak on a cruise in Lisbon. Thousands of flights canceled. Colleges going remote again. It’s a new year but the pandemic continues to cause many
In this article TSLA A solar panel is displayed on a wall near signage at the entrance of the new Tesla Inc. showroom in New York. Mark Kauzlarich | Bloomberg | Getty Images While Tesla CEO Elon Musk has said he would prefer to stay out of politics, and that he opposes all subsidies, his