Hints and tips:
...They include a commitment to source 80 per cent of electricity from renewable sources by 2030....
...But demand for the dirtiest fuel is continuing to rise, after coal consumption hit a record 8.3bn metric tons last year....
...“I am not sure the renewables business is at the stage where it is ready to be a standalone business without another source of financing,” he said....
...France’s Engie and Spain’s EDP Renewables, under the snazzy joint venture name of Central California Offshore Wind LLC, will develop a project together....
...They are tiny, though, compared not only with other forms of energy — from renewables to fossil fuels — but also with the huge potential rewards from having a new power source that is almost carbon-free...
...He said that companies such as AGL and Origin had lost their “utility” status as public companies due to the investment needed to switch from fossil fuels to renewable energy sources, adding that Australia...
...Brookfield Renewable Partners, one of the world’s largest clean energy investors, and Cameco, a supplier of uranium fuel, are buying the company in a bet that climate and energy security concerns will revive...
...Despite generating record profits from soaring oil and gas prices, the value of energy majors’ legacy businesses has become more uncertain as pressure mounts on fossil fuel producers to curb output....
...Fusion companies say a small cup of the fuel could power a house for hundreds of years....
...of all the renewable sources.”...
...The prospect of fusing atoms to generate almost unlimited power from minimal fuel has tantalised scientists for decades....
...They are also clearly more comfortable with drilling than renewables: Shell’s 2021 capital expenditure strategy called for putting $2bn-$3bn into renewables and $12bn in oil and gas....
...Powering its businesses with its own renewable power, as well as making hydrogen with it, requires financing from the free cash flow from its fossil fuel production....
...The increase came as European natural gas, a fuel that is widely used across industry, and wheat, a key grain in food production, reached record highs....
...“We think it’s better to generate cash flow with fossil fuels and invest this in renewables.” But others argued it could be a watershed moment....
...“We think it’s better to generate cash flow with declining fossil fuel sales and invest this in renewables.”...
...(Bloomberg) McKinsey and fossil fuels The global consulting giant is caught between two worlds....
...The city should focus not only on renewables, but also on emerging technologies such as hydrogen and carbon capture and storage, where Houston’s roots in the fossil fuel business and familiarity with large-scale...
...(Business Wire, FT) US President Joe Biden and community groups are at a stalemate over where to source their renewable energy....
...Browne, who in the 1990s led BP to develop solar and other renewable initiatives, was widely seen as having moved too early in the market....
...SocGen also flagged up the possibility of relatively large sales of stocks such as Austria's Verbund, the UK’s Atlantica Sustainable Infrastructure and Canadian duo Innergex Renewable Energy and Boralex....
...This would see traditional players in the renewables space potentially lose out to oil companies....
...companies are coming under pressure from activists and employees: one is the services they provide to oil and gas companies, which are using artificial intelligence to improve the extraction of fossil fuels...
...Google now buys renewable energy credits equivalent to 100 per cent of its energy usage but the power running its data centres is not all renewable, and sometimes comes from fossil fuel sources....
...General Motors is backing out of a legal fight levelled by Trump’s camp that sought to bar California from setting its own fuel efficiency and zero-emission standards for vehicles, revving up for electrification...
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