With the Trump administration reversing support for low-carbon power, the business case for making wind, solar and electric vehicle parts gets weaker.
Category: Energy and Power
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Natural Gas Could Get Priority Over Renewable Energy in Largest U.S. Grid
Federal regulators approved a proposal from the nation’s largest grid operator that will give primacy to 50 new power plants, a decision to help meet the country’s growing electricity demand.
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Shell and Equinor Oil and Gas Production Is Blocked at Sites Off British Coast
A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the North Sea.
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Chevron Wants to Tap Into A.I. Boom by Selling Electricity to Data Centers
The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology companies for artificial intelligence and other services.
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Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’
Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.
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Oil Tycoon Harold Hamm Throwing an Inauguration Day Party
Harold G. Hamm, the founder of the Oklahoma-based Continental Resources, and other oil and gas companies stand to profit from Donald Trump’s energy policies.
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Dark Doldrums Overshadow Europe’s Energy Markets
Periods of low sun and wind, a weather pattern known as a Dunkelflaute, can increase electricity prices and stoke political tensions.
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Iran’s Energy Crisis Hits ‘Dire’ Point as Industries Are Forced to Shut Down
Although Iran has one of the biggest supplies of natural gas and crude oil in the world, it finds itself in a full blown energy emergency, coming just as it also suffers major geopolitical setbacks.
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North Carolina Town Sues Duke Energy Over Climate Change
Carrboro accused Duke, one the nation’s largest utility companies, of ignoring data about climate change while increasing use of fossil fuels.
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Why Oil Companies Are Walking Back From Green Energy
As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil that did not embrace wind and solar.