Uniper, Germany’s largest operator of gas storage facilities and hydropower plants, has signed an agreement to sell the Datteln 4 coal-fired power plant in North Rhine-Westphalia to ResInvest Group. In addition to the coal handling infrastructure, the transaction also includes the associated heat generation facilities. Datteln 4 is a modern hard coal-fired power station with...
A group representing nearly all major automakers asked the Trump administration Tuesday to roll back aggressive vehicle emissions limits that seek to force the industry to build a rising number of electric vehicles. The Alliance for Automotive Innovation, which represents General Motors (GM.N), Toyota Motor (7203.T), Volkswagen (VOWG.DE),, Hyundai (005380.KS), and other major automakers, said in a filing with the...
Energy groups are touting President Trump’s moves to embrace nuclear energy, pointing to New York as a prime example, as an annual Climate Week kicks off in New York City. Trump campaigned on a pledge to unleash American energy, and he has already signed multiple executive actions aimed at bolstering the nation’s nuclear power in...
McDonald’s USA has launched a $200 million initiative aimed at embedding regenerative practices into cattle ranching across up to 38 states. The seven-year Grassland Resilience and Conservation Initiative spans nearly 4 million acres and involves partnerships with the National Fish and Wildlife Foundation (NFWF), the U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS), and...
After years of failed attempts, California lawmakers have cleared the way to create an electricity-trading market that would stretch across the U.S. West. Advocates say that could cut the region’s power costs by billions of dollars and support the growth of renewable energy. But opponents say it may make the state’s climate and clean-energy policies...
The United States faces a growing strategic challenge: China has emerged as the world’s dominant energy financier, outpacing the U.S. nearly ten-to-one in global markets and establishing itself as a primary partner in key nations like Brazil. This first-of-a-kind analysis of U.S. and Chinese energy finance shows that, since 2015, China has outpaced the U.S. by more than 100x in public energy finance in Brazil, $60B to $472M.
Artificial intelligence is booming — and America’s power grid is struggling to keep up. At the World Economic Forum, President Trump recently warned that “We need double the energy we currently have in the United States for AI to be as big as we want to have it.” Elon Musk has echoed similar concerns, predicting...
Governors of more than a quarter of U.S. states are pushing for greater influence over the country’s biggest power grid — PJM Interconnection — where electricity prices are surging as demand driven by AI data centers outpaces the connection of new supplies. Rising power bills in PJM, which operates the grid covering 13 states and the District of Columbia,...
Hundreds took part in a historic swim in the Chicago River on Sunday, according to multiple reports. The Guardian reported that the organized swim was the first of its kind in close to 100 years. The number of participants in the event came close to 300, according to The Chicago Sun-Times. “Reclaiming our river not only creates a...
When world leaders fly into New York City (just think of the CO2 emissions from all the flights!) to hobnob at the annual UN General Assembly, they think and act as many leaders often do: they are seeking top-down solutions to global problems. They will tell us what to do. If we balk, they will offer to pay us to do it. If we do it, then problem(s) solved.
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