An anonymous reader quotes a report from TechXplore: After decades of embracing fossil fuels, Wall Street appears to be shifting its allegiance to renewable energy, a sharp turn apparent in the contrasting fortunes of NextEra Energy and Exxon Mobil. Florida-based NextEra is the biggest producer of wind energy in North America and among the biggest solar producers in the United States….
Tag: renewable
Study Shows Renewables Are Kicking Natural Gas To the Curb
An anonymous reader quotes a report from CleanTechnica: After analyzing the most recent data from two of America’s largest electricity markets — ERCOT in Texas and PJM in the Northeast — the Rocky Mountain Institute has come to a startling conclusion. Renewables are muscling in on natural gas as the preferred choice for new electricity generation. In fact, according to RMI,…
Exxon’s Plan For Surging Carbon Emissions Revealed In Leaked Documents
An anonymous reader quotes a report from Bloomberg: Exxon Mobil has been planning to increase annual carbon-dioxide emissions by as much as the output of the entire nation of Greece, an analysis of internal documents reviewed by Bloomberg shows, setting one of the largest corporate emitters against international efforts to slow the pace of warming. The drive to expand both fossil-fuel…
Countries that backed renewables over nuclear power have cut more CO2
Countries that embraced renewable sources of energy have significantly cut their carbon emissions, but nations pursuing nuclear power failed to do so, researchers have found Source: https://www.newscientist.com/article/2256123-countries-that-backed-renewables-over-nuclear-power-have-cut-more-co2/?utm_campaign=RSS%7CNSNS&utm_source=NSNS&utm_medium=RSS&utm_content=home…
‘Green Hydrogen’ From Renewables Could Become the Cheapest ‘Transformative Fuel’
The Guardian reports: “Green hydrogen” made with wind and solar electricity could become the cheapest form of what the Australian government has described as a “transformative fuel” much faster than expected, analysts believe. Chinese manufacturers have reported making systems to create hydrogen with renewable energy for up to 80% less than official Australian estimates from just two years ago. Energy analysts…
Denmark: We Can Slash CO2 By 70% In a Decade And Still Have Welfare
Denmark said on Tuesday that it could reach its 2030 climate target of reducing emissions by 70%, one of the world’s most ambitious, without compromising its generous welfare benefits. Reuters reports: Last year, parties across the aisle passed a law committing Denmark to reduce greenhouse gas emissions by 70% from 1990 levels, or around 20 million tons of CO2 equivalent, within…
Shell Reportedly To Slash Oil and Gas Production Costs To Focus More On Renewables
An anonymous reader quotes a report from CBC.ca: Royal Dutch Shell is looking to slash up to 40 percent off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, sources told Reuters. Shell’s new cost-cutting review, known internally as Project Reshape…
Bill Gates’ Nuclear Venture Plans Reactor To Complement Solar, Wind Power Boom
A nuclear energy venture founded by Bill Gates said Thursday it hopes to build small advanced nuclear power stations that can store electricity to supplement grids increasingly supplied by intermittent sources like solar and wind power. Reuters reports: The effort is part of the billionaire philanthropist’s push to help fight climate change, and is targeted at helping utilities slash their emissions…
Solar Panels Are Starting to Die, Leaving Behind Toxic Trash
“Solar panels are an increasingly important source of renewable power that will play an essential role in fighting climate change. They are also complex pieces of technology that become big, bulky sheets of electronic waste at the end of their lives — and right now, most of the world doesn’t have a plan for dealing with that,” reports Wired. (Alternate URL…
Rare plant may prevent the first lithium quarry in the US from opening
Tiehm’s buckwheat is an extremely rare plant that thrives in soil containing lithium and boron. Both elements are vital for renewable energy technologies, but mining for them will destroy most of the plant’s habitat Source: https://www.newscientist.com/article/2251905-rare-plant-may-prevent-the-first-lithium-quarry-in-the-us-from-opening/?utm_campaign=RSS%7CNSNS&utm_source=NSNS&utm_medium=RSS&utm_content=home…