‘Basel III’ bank rules could pose unexpected threat to Biden’s green energy plans

‘Basel III’ bank rules could pose unexpected threat to Biden’s green energy plans

WASHINGTON, D.C. – On a rooftop overlooking Gallaudet University in Washington, D.C., Julian Torres stands next to row after row of solar panels his company, Scale Microgrids, helped install as part of a larger system of renewable energy that has saved the college about $1 million per year in utility costs. Torres, the company’s chief … Read more

JPM calls for reality check on energy transition are sensible

JPM calls for reality check on energy transition are sensible

JPMorgan’s calls for a “reality check” on the world’s energy transition goals and pathway is a “sensible,” the UAE’s energy minister told CNBC. “We need always, whenever we put up predictions, especially long term ones, to have a reality check,” Suhail Al Mazrouei told CNBC’s Dan Murphy in Riyadh, Saudi Arabia on the sidelines of … Read more

How a climate tech CEO grows his inner circle, including Larry Summers

How a climate tech CEO grows his inner circle, including Larry Summers

Palmetto CEO Chris Kemper Palmetto Nearly fifteen years into founding climate tech company Palmetto, Chris Kemper has seen plenty of changes across the clean energy industry, from early solar companies that are now public to Series A startups founded following the Inflation Reduction Act.  Ensuring that the company continues to evolve in what Kemper calls … Read more

A shift to renewable energy is ‘hopeless’ without efficiencies, environmentalist says

A shift to renewable energy is ‘hopeless’ without efficiencies, environmentalist says

Solar panels and wind turbines in the Netherlands. Daniel Bosma | Moment | Getty Images Explorer and environmentalist Bertrand Piccard has called for a renewed focus on cutting energy waste, saying it’s “hopeless” to shift to renewables without improving efficiency. Around three-quarters of the world’s energy is wasted, Piccard told an “IOT: Powering the Digital … Read more

Green data centers help increase green investment in Southeast Asia: Report

Green data centers help increase green investment in Southeast Asia: Report

Conceptual image of green server room. Imaginima | Istock | Getty Images Southeast Asia saw a significant uptick in green investments in 2023, with a boost from green data center projects, though funding remains insufficient, according to a report released Monday.  The analysis, conducted by Bain & Company, GenZero, Standard Chartered and Temasek, found that … Read more

How car buyers thinking hybrid over EV should make the decision

How car buyers thinking hybrid over EV should make the decision

A range of new and growing options exist on the car dealer lot when it comes to hybrid and electric vehicles, but if you’ve been following the headlines lately, decisions made by major automakers reflect a market tilting more hybrid than EV. Ford just announced it’s delaying an EV pickup and in the short-term focusing … Read more

GOP lawmakers say transition ‘cheerleader’ IEA strayed from mandate

GOP lawmakers say transition ‘cheerleader’ IEA strayed from mandate

A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Nick Oxford | Reuters Senior U.S. lawmakers believe the International Energy Agency has “strayed from its core mission” of safeguarding energy security and has emerged as a “cheerleader” for the green transition. … Read more

EV charging for the U.S. freight trucking market is starting to scale

EV charging for the U.S. freight trucking market is starting to scale

The Einride EV freight truck charging station in Lynwood, California, built by Voltera and located close to the Ports of Los Angeles and Long Beach. Einride One of the first EV charging stations of scale for freight trucks is opening near the major ports of Los Angeles and Long Beach, California, as the trucking market … Read more

Janet Yellen says Biden spurred electric vehicle investment boom

Janet Yellen says Biden spurred electric vehicle investment boom

U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on the “Annual Report of the Financial Stability Oversight Council” on Capitol Hill in Washington, U.S., February 6, 2024.  Amanda Andrade-rhoades | Reuters Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden’s investment in electric vehicles for accelerating the sector, even … Read more

The bear market for battery metals prices is far from over

The bear market for battery metals prices is far from over

The Albermarle Corp. lithium processing facility in Antofagasta, Chile, on Saturday, March 2, 2024. Bloomberg | Bloomberg | Getty Images Goldman Sachs finds it is too early to call an end to a battery raw materials price plunge, warning that significant supply pipelines and Western electric vehicle headwinds could keep prices lower for longer. The … Read more