Foto: Envato Many of the world’s largest shipping nations decided on Friday to impose a minimum fee of $100 for every ton of greenhouse gases emitted by ships above certain thresholds, in what is effectively the first global tax on greenhouse gas emissions. The International Maritime Organization estimates $11 billion to $13 billion in revenue annually…
Foto: Envato “The development of a distributed generation network in Zhytomyr Oblast continues,” the official said during a session of the Zhytomyr Oblast Council. “Last year, we added about 20 gas turbine stations to our energy capacity thanks to USAID and business support. Now, we’re set to install wind power units with a combined capacity…
Our lives are surprisingly dependent upon this extremely light and unreactive gas, yet supplies of it are remarkably fragile. Nancy Washton remembers the sinking feeling she got when she heard her helium delivery wouldn’t be arriving. In early 2022, she and her team of chemists at the Pacific Northwest National Laboratory in the United States…
Sizewell C is a proposed 3.2-gigawatt nuclear power station planned for the Suffolk coast – Martin Keene Ed Miliband has sunk an extra £2.7bn into Sizewell C after EDF slashed its stake in the nuclear power project. The Energy Secretary said the additional money would boost energy security, jobs and the race for net zero.…
A pump jack operates near a gas turbine power plant in the Permian Basin oil field outside of Odessa, Texas, U.S. February 18, 2025. U.S. oil prices have dropped to their lowest level since 2021 this week, sparked in part by concerns that the massive tariffs announced by the United States will hurt economic growth.…
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File Photo© Thomson Reuters By Paul Carsten and Arunima Kumar LONDON (Reuters) -Oil prices plunged by 8% on Friday, heading for their lowest close since the middle of the pandemic in 2021, as China hit back in an escalating global trade…
AAA data shows that one week ago, a gallon of gas cost 14 cents less in Florida. Florida gas prices continue to seesaw after recently hitting a 15-month low. Last Monday, AAA announced that the state average for a gallon of gas had fallen below $2.96. Those sub-$3 prices didn’t last long. By Thursday, a…
Exelon (EXC), American Electric Power (AEP) and Xcel Energy (XEL) Are Nasdaq Winners Today As the Market Tanks © zhengzaishuru / iStock via Getty Images Markets are a bit of a volatile mess. While the Dow Jones is up about 12 points, the tech-heavy NASDAQ is down about 315—all thanks to concerns about tariffs, which…
Forecasts for Cooler US Weather Boosts Nat-Gas Prices© Provided by Barchart May Nymex natural gas (NGK25) on Monday closed up +0.054 (+1.33%). May nat-gas prices on Monday rose to a 1-week high and settled moderately higher on cooler forecasts for the eastern US, which would boost heating demand for nat gas. Forecaster Atmospheric G2 said Monday…
Two years after a bold crackdown on Big Oil, the results of what it means for residents of the Golden State are being debated. Gas prices in California have long been a headache. Add in accusations of price gouging and a high-profile law to stop it, and you’ve got a political powder keg. In 2023, state…