Month: January 2021

As coal miners are forced to confront an energy transition era that could wipe out their declining industry, decades of generational dependence on fossil fuels and rural communities with limited capacity to evolve economies present one of the trickier labor market challenges for federal climate policy. Jim Urquhart | Reuters America has been here and
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A tycoon with a knack for making headlines has generated interest among Rigzone’s audience this past week. Read on for more information about this and other popular recent Rigzone articles linked to the downstream. Elon Musk Offers $100MM Carbon Capture Prize A billionaire many times over who often garners publicity, Elon Musk caught many Rigzone
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An International truck is parked in front of a Navistar facility on April 17, 2019 in Melrose Park, Illinois. Scott Olson | Getty Images DETROIT ’ General Motors will supply Navistar International with fuel-cell electric vehicle technology for a new semitruck, adding to the automaker’s growing tie-ups in the emerging market. The companies are billing
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(Bloomberg) — Oil edged lower on Friday alongside a broader market decline as the recovery in consumption remains uncertain. The dip capped a third straight week with New York futures stuck near $52 a barrel. U.S. equities weakened amid lingering concerns over volatile retail trading. While Johnson & Johnson’s Covid-19 vaccine breakthrough allayed some worries
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January 29th, 2021 by Rocky Mountain Institute  Courtesy of Rocky Mountain InstituteBy Katie Siegner, Kevin Brehm, Mark Dyson Register for a webinar on Wednesday, February 10, with RMI authors and community leaders from the projects highlighted in the three case studies to learn more about how to effectively foster wind and solar project developments locally.
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By Maria Merano Posted on January 30, 2021 The advent of COVID has brought about a myriad of problems in the world to the forefront, including hard-to-swallow realizations about the systems that surround, forge, and often dictate human society. Education was among these systems affected by the global pandemic.  As students moved their learning experiences
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The co-CEO of DSM stressed the deep connection between climate change and food systems on Thursday, emphasizing the importance of moving fast and using technology to tackle the challenges they create. Speaking to CNBC’s “Squawk Box Europe”, Geraldine Matchett said food systems were “one of the big causes of climate change, with about 25% of
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Petrobras (NYSE: PBR) on Friday reported a new discovery in the pre-salt Campos Basin offshore Brazil. Located in the CM-411 block, Well 1-BRSA-1377-RJS ’ also called Urissanê ’ sits approximately 124 miles (200 kilometers) off the coast of Rio de Janeiro state at a water depth of 9,678 feet (2,950 meters), Petrobras noted in a
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January 28th, 2021 by Zachary Shahan  We’ve been covering automakers’ electrification plans for several years. Today, we got a gem from GM. The automaker that proudly brought the Chevy Bolt EV to market before anyone else had a semi-affordable electric car on the market with that much range has now dropped a new marker in
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Winter solstice has swept in, and me and my electric vehicle (EV) are taking another trip around the sun’on sunshine!  My ex and I got solar at home on his birthday in 2002, then our first EV, the RAV4, a couple months later, on the winter solstice. Won’t ever forget the feeling, from my head
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(Bloomberg) — Chevron Corp. and Reliance Industries Ltd. are meeting with U.S. State Department officials to request a rollback of some of the previous administration’s restrictions against Venezuela’s oil industry. Representatives from the two companies are holding virtual discussions with officials this week, according to people with knowledge of the matter, who asked not to
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January 28th, 2021 by U.S. Energy Information Administration  Source: U.S. Energy Information Administration,  Preliminary Monthly Electric Generator Inventory The timing and magnitude of wind turbine installations in the United States are often driven by tax incentives. The U.S. production tax credit (PTC), a per-kilowatt-hour (kWh) credit for electricity generated by eligible renewable sources, was first enacted
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Institutional Investor Hall of Famer Richard Bernstein warns retail investors will pay a big price for getting caught up in speculative trades. Bernstein, who has spent decades on Wall Street, cites the democratization of the market as a critical contributor to the excessive euphoria. He worries naiveté will ultimately put amateurs in difficult positions. “Bubbles show
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(Bloomberg) — America’s main oil-export hub sees demand picking up from China this year even as a resurgence in the coronavirus clouds the outlook for consumption in the world’s biggest importer. Texas’s Port of Corpus Christi, home to eight oil export facilities, is laying the groundwork by deepening part of its waterway as two of
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