The International Air Transport Association on Wednesday stepped up criticism of the European Union’s sustainable aviation fuel mandate as a costly initiative that is not helping the environment as regional supplies there remain low. “The idea that you’re buying sustainable fuel and then transporting it to use in Europe isn’t the right way to do...
Energy Secretary Chris Wright on Tuesday compared the race to dominate artificial intelligence (AI) to an American atomic bomb program during World War II. “The AI race is the second Manhattan project,” Wright said in a Tuesday poston the social platform X. During the World War II, the U.S. government’s Manhattan Project eventually succeeded in the creation of atomic weapons...
Westinghouse plans to build 10 large nuclear reactors in the U.S. with construction to begin by 2030, interim CEO Dan Sumner told President Donald Trump at a roundtable in Pittsburgh on Tuesday. Westinghouse’s big AP1000 reactor generates enough electricity to power more than 750,000 homes, according to the company. Building 10 of these reactors would drive $75 billion of...
The global destruction of wetlands, which support fisheries, agriculture and flood control, may mean the loss of $39 trillion in economic benefits by 2050, according to a report by the Convention on Wetlands released on Tuesday. Some 22% of wetlands, both freshwater systems such as peat lands, rivers and lakes, and coastal marine systems including...
Nobody is saying it, but the advent of artificial intelligence and machine learning may be springboarding the increased intensity of the competition for nuclear fusion – which many are now saying is far less than “30 years away.” The burning question among the few who are fully aware of the stakes in this race is...
Paramount Gold Nevada (NYSE-AM: PZG) has secured fast-tracked permitting for its Grassy Mountain gold project in Oregon under state and federal processes. After recent administrative changes to the National Environmental Policy Act (NEPA), the federal Bureau of Land Management (BLM) is to publish its draft environmental impact statement (EIS) for Grassy Mountain online early next...
California may have lost up to $3 billion in potential revenue from a signature emissions reduction program over the past year, a new report has found. The Golden State’s cap-and-trade program — a system that sets emissions caps and distributes tradable credits within that framework — has incurred these losses in response to weak auction results, according...
A coalition backed by Google, Stripe, and Shopify will spend $1.7 million to buy carbon removal credits from three early stage firms on behalf of the tech giants to help scale up the nascent markets, an executive told Reuters. The world is expected to need to suck between five and 10 billion tons a year of...
Washington, D.C. – Today, the House Appropriations Committee released the Fiscal Year 2026 bill for the Energy and Water Development and Related Agencies Subcommittee. The bill will be considered in subcommittee tomorrow, July 14th at 6:00 p.m. The markup will be live-streamed and can be found on the Committee’s website. Energy and Water Development Subcommittee Chairman...
On 13 July 2024, a blade damage incident took place on one of the turbines installed on Vineyard Wind 1, located 15 miles (approximately 24 kilometres) off the coast of Massachusetts. Following an investigation, GE Vernova found that the damage was a result of a manufacturing deviation, and later decided to remove the blades that were produced in the same...
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