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SONBHADRA, INDIA – NOVEMBER 22: A man stands near burning coal waste inside a coal mine on November 22, 2021 in Sonbhadra, Uttar Pradesh, India. India is rapidly transitioning to renewables, investing in widespread solar and wind installations, though it still remains reliant on coal for about 70% of its energy needs, media reports said. … Read more
Toyota’s pursuit of hydrogen fuel-cell vehicles is backed by the country’s trade ministry, which believes that hydrogen is key to achieving net-zero emissions by 2050. The government said in June that by 2035 all cars sold should be “so-called electric-powered vehicles,” with the proviso that hybrids are included. Japan’s automakers and government leaders have been reluctant … Read more
(Bloomberg) — Abundant fuel. No danger of a meltdown. No lingering radioactive waste. Nuclear fusion, the process US researchers successfully demonstrated this month, has big potential advantages over the nuclear power plants operating today, which run on an entirely different principle. If perfected into a form that can run in a power plant — not … Read more
Wind turbines on the Bradwell Wind Farm, near to the decomissioned Bradwell nuclear power station, site of the planned Bradwell B project, in Bradwell-on-Sea, U.K., on Friday, Feb. 11, 2022. British regulators approved a Chinese-designed nuclear reactor that could be used at the plant in southeast England being developed by China General Nuclear Power Corp. … Read more
G-20 leaders meeting in Bali, Indonesia agreed to pursue the target laid out in the landmark Paris Agreement in 2015, even as the energy crunch triggered by Russia’s invasion of Ukraine threatened to undermine it. That’s giving hope that it will inject much-needed momentum as the climate conference in Egypt enters its final days.
(Bloomberg) — The diplomats and world leaders now gathered in Egypt for the annual United Nations climate summit are tasked, in some sense, with holding the global average temperature below 1.5 degrees Celsius of warming. That’s one of the key objectives around which the 2015 Paris Agreement was formed, and so it has become a shorthand for the success … Read more
(Bloomberg Opinion) — Might Elon Musk be saved from the madness of his deal for Twitter Inc. by paranoia? Bloomberg News had a bombshell scoop Thursday night reporting that Biden administration officials, viewing Musk as a little too Russophilic, are weighing security reviews for his various ventures. Space Exploration Technologies Corp., or SpaceX, could be … Read more
(Bloomberg Businessweek) — Shortly after Exxon Mobil Corp. lost its battle with an activist investor last year, an executive named Bill Keillor decided to give his department a morale boost. It had been a difficult year and a half for Exxon employees. Covid-19 and plunging crude prices had led to halted salary increases, reduced benefits, … Read more
Twitter has restricted and locked Kanye West’s account, just one day after he returned to the platform in nearly two years.
In the letter, Musk’s attorneys wrote that the billionaire and his supporters “intend to proceed to closing of the transaction contemplated by the April 25, 2022, merger agreement, on the terms and subject to the conditions set forth therein and pending receipt of the proceeds of the debt financing,” according to the filing, provided the … Read more