Donald Trump won a decisive victory last week and will reoccupy the Oval Office in January. Polls suggest that dissatisfaction with the economy was one of the main reasons for his comeback and experts attribute the better economy during his first term to his tax cuts and deregulation (more than his immigration and trade policies). While Trump made fewer campaign promises...
Oil and gas major Shell (SHEL.L) on Tuesday won an appeal against a landmark ruling that required it to accelerate carbon reduction efforts, dealing a blow to campaigners who have turned to legal channels to pursue climate action. The appeals court in The Hague said Shell had a responsibility to reduce greenhouse gas emissions to protect people from global warming....
President-elect Trump has made it clear that reducing the national debt will be a top priority for his administration. Adding to this focus, Elon Musk has thrown his weight behind the proposed Department of Government Efficiency, or DOGE, a bold initiative aimed at scrutinizing government spending and revenues. The offshore sector, encompassing oil, gas, wind, and...
The Federal Energy Regulatory Commission (FERC) recently rejected a request to increase power generation for a data center located next to a nuclear power plant in Pennsylvania. The U.S. will need to rapidly scale up power generation to meet future demand from AI and large data centers. This decision shows how challenging this task will be. In...
Saudi Arabia aims to diversify its economy and lower its emissions, which has led the nation to explore hydrogen as a solution. The Public Investment Fund of Saudi Arabia will invest $10 billion in the production of green hydrogen. This venture, named Energy Solutions Company, will also receive funding from Saudi Aramco, Gulf News reported. While the...
Rice University researchers have developed an electrochemical reactor that has the potential to drastically reduce energy consumption for direct air capture, the removal of carbon dioxide directly from the atmosphere. The new reactor design could be a part of the solution to the pressing problem of emission impacts on the climate and biosphere by enabling...
The Marine Corps base at Quantico could have its own small nuclear reactor to insulate it from power outages if plans floated by the U.S. Navy earlier this month are fruitful. Quantico is one of seven Navy and Marine Corps bases, including four in Virginia, slated for its own nuclear-based power supply. The information is...
Costs and reliability concerns related to the burgeoning trend of building energy-intensive data centers next to U.S. power plants were the focus of a technical conference held on Friday by the Federal Energy Regulatory Commission. As the technology industry races to deploy data centers for technologies like generative artificial intelligence, quickly accessing the massive amounts...
The US Federal Energy Regulatory Commission (FERC) has rejected an amended interconnection service agreement proposing to increase the load capacity of Amazon’s data centre at the Susquehanna nuclear facility in Pennsylvania. The amended agreement was executed between Talen Energy, PJM Interconnection and PPL Electric Utilities, and aimed to increase capacity at Susquehanna from 300MW to...
Some of the biggest Chinese-owned solar factories in Vietnam are cutting production and laying off workers, spurred on by the expansion of U.S. trade tariffs targeting it and three other Southeast Asian countries. Meanwhile, in nearby Indonesia and Laos, a slew of new Chinese-owned solar plants are popping up, out of the reach of Washington’s...
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