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...One of the received tenets of the energy transition was that there was no trade-off between green investing and making money....
...The committee also said it had “low confidence” that the UK would meet its target of reducing emissions by 68 per cent over the same period after Prime Minister Rishi Sunak U-turned on key green measures...
...The slower expectations for the transition come as companies make U-turns on their climate pledges and governments double down on fossil fuels amid energy security concerns....
...“Over the past decade, the cost of wind and solar has decreased markedly,” said Rebecca Maserumule, a chief director for hydrogen and energy in South Africa’s Department of Science and Innovation....
...A version of this article was first published by Nikkei Asia on February 12. ©2024 Nikkei Inc. All rights reserved....
...But Cowen’s U-turn is striking....
...It would continue to use capital and expertise to support clients in their energy transition and managing climate risk....
...Before we were talking about the military, telecommunications, now we’re talking about critical minerals, energy,” she said....
...Tracks have psychedelic names such as “Can U Hear the Hum” and “Breaking Open the Head”....
...of materials science and engineering, and nuclear science and engineering....
...energy and waste infrastructure across the US....
...That said, renewable energy has not done well either. The S&P Global Clean Energy index has lost more than 30 per cent this year....
...Those net zero U-turns could also raise household bills, according to the parliament’s Climate Change Committee....
...An investor opposed to the deal, Energy Income Partners, pointed out that this position was a U-turn from a bullish management outlook offered as recently as 2022....
...“More importantly, depending on the technology involved, it preserves natural resources by saving energy, water and the use of solvents.”...
...This is an audio transcript of the Political Fix podcast episode: ‘Is Rishi Sunak’s net zero U-turn a vote-winner?’...
...Heat domes form in the regions south of the U-bends, raising temperatures in places within the dome as hot air is trapped and warms as it is squashed downwards....
...The story of the professor in nonferrous metals research turned hard-headed executive with a fastidious focus on technology, supply chains and cost- cutting has become gospel in Chinese science and business...
...Starmer, in his bid to replace Corbyn, offered to “support common ownership of rail, mail, energy and water”....
...They accept the conclusions of a two-year safety review by the International Atomic Energy Agency, the UN nuclear watchdog, which found “negligible radiological risk” to people or the marine environment...
...I don’t have time or energy to cook my dinner . . . I don’t have energy to work out . . . I’m so upset, like oh my God.” It would be easy to scoff. And many did....
...“It’s not rocket science....
...Venkat Srinivasan, director of the Argonne Collaborative Center for Energy Storage Science, a US government funded laboratory, calls them the battery industry’s “holy grail” in the long term....
...A version of this article was first published by Nikkei Asia on September 28. ©2023 Nikkei Inc. All rights reserved....
...Any U-turns, any pumping of the brakes is inconsistent with the urgency of the crisis and the imperative that science has been so clear about,” Ali Zaidi, the White House’s climate adviser, said in response...
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