Ever since the forced adoption of EVs by governments worldwide, all eyes have been on when the electric vehicles would finally make economic sense to produce. According to Volkswagen, that milestone is […]
Mercedes To Bet $47 Billion On An Electric Future
One by one, the world’s auto manufacturers have made bold commitments to electric vehicles, setting targets for turning over their entire fleets and disclosing large capital expenditure plans for the future. Today, […]
10 Things You Never Knew About Oil
From OPEC to U.S. shale, from fracking to negative oil prices, from endless political debates to inventories, the fossil fuel industry is never short on headlines. But the industry has a few […]
Extreme Weather Keeps Maxing Out the Grid
It’s been a very intense year for America’s power grid. Across the country, the electricity system just faced another stress-test as extreme heat taxed power plants and grid operators in the Pacific Northwest, Texas, […]
European Bank For Reconstruction And Development Ends All Upstream Oil Financing
The European Bank for Reconstruction and Development (EBRD) will no longer invest in oil and gas exploration and production, the bank’s Managing Director Harry Boyd-Carpenter told Reuters as the institution pledged to […]
Another Oil Major Is Betting Big On Renewables
Spain’s oil major Repsol plans to reduce its oil business operations and increase five times its renewable energy portfolio by 2030 as part of its latest strategic plan unveiled on Thursday. Repsol […]
The End Of The Century-Old Black Sea Drilling Dream
There is a long history of drilling for hydrocarbons in the Black Sea. After all, oil-rich Azerbaijan, and the Caspian region in general, was one of the first spots in the world […]
World Suddenly Goes Nuts Over Green Ammonia, Now That Green Hydrogen Is Old Hat
Ammonia. Green hydrogen is still clawing its way into the mainstream and here comes yet another powerful new decarbonization trend: green ammonia. If that’s news to you, join the club. Green ammonia was […]
Renewables overtake coal and gas for first time in Western Australia
The combined output of wind and solar have overtaken the principal fossil fuel sources of coal and gas generation in Western Australia for the first time in the month of October. According […]
Cutting Greenhouse Gases From Food Production Is Urgent, Scientists Say
Climate and Environment Paris Agreement Trump’s Changes Climate and the Election Environmental Racism Efforts to limit global warming often focus on emissions from fossil fuels, but food is crucial, too, according to […]
Prometheus Institute 