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Environment

Environment

The climate investor who bet right on ExxonMobil on how to stay ahead of the market for the next decade

A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters Jennifer Grancio was among the leaders at Engine No. 1, the...

by admin October 6, 2022
The climate investor who bet right on ExxonMobil on how to stay ahead of the market for the next decade
Environment

3 takeaways from our daily meeting: Stocks teeter, an oil trim, obesity drug fast track

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key...

by admin October 6, 2022
3 takeaways from our daily meeting: Stocks teeter, an oil trim, obesity drug fast track
Environment

Houston mayor touts city’s climate action plan following major flooding disasters

Mayor of Houston, Texas, Sylvester Turner speaks during a news conference at the 90th Winter Meeting of United States Conference of Mayors (USCM) on...

by admin October 6, 2022
Houston mayor touts city's climate action plan following major flooding disasters
Environment

GE is laying off 20% of its U.S. workforce devoted to onshore wind power, costing hundreds of jobs

The Invenergy Judith Gap wind farm in central Montana, uses 90 wind turbines from GE. William Campbell | Corbis Historical | Getty Images General...

by admin October 6, 2022
GE is laying off 20% of its U.S. workforce devoted to onshore wind power, costing hundreds of jobs
Environment

U.S. delivers angry rebuke of massive OPEC+ production cut — and it could backfire for Saudi Arabia

Energy analysts believe the deep production cuts could yet backfire for OPEC kingpin and U.S. ally Saudi Arabia. Mandel Ngan | Afp | Getty...

by admin October 6, 2022
U.S. delivers angry rebuke of massive OPEC+ production cut — and it could backfire for Saudi Arabia
Environment

Washington sees OPEC+ oil production cuts as a political ‘blow against Biden,’ says Dan Yergin

Washington sees OPEC+’s decision to slash oil production by more than 2 million barrels a day as political interference and a “blow” against U.S....

by admin October 6, 2022
Washington sees OPEC+ oil production cuts as a political 'blow against Biden,' says Dan Yergin
Environment

Nearly half of the coal industry is still on an expansion course in ‘reckless’ mining rush

The burning of fossil fuels such as coal, oil and gas is the chief driver of the climate crisis. Vcg | Visual China Group...

by admin October 6, 2022
Nearly half of the coal industry is still on an expansion course in 'reckless’ mining rush
Environment

Europe’s gas storage is almost full for winter. But the IEA fears next year may be very difficult

A German gas storage facility photographed in September 2022. European countries are attempting to wean themselves off Russian gas following the Kremlin’s invasion of...

by admin October 6, 2022
Europe's gas storage is almost full for winter. But the IEA fears next year may be very difficult
Environment

This is how we readied the Club portfolio for the big OPEC+ production cut

OPEC and its oil-producing allies agreed Wednesday to their largest cut to daily crude output since the early days of the Covid-19 pandemic, a...

by admin October 5, 2022
This is how we readied the Club portfolio for the big OPEC+ production cut
Environment

OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure

Oil prices have fallen to roughly $80 from over $120 in early June amid growing fears about the prospect of a global economic recession....

by admin October 5, 2022
OPEC+ to cut oil production by 2 million barrels per day to shore up prices, defying U.S. pressure
Environment

Why the ESG vs. GOP war over energy and climate change is going nowhere

Wall Street is no stranger to culture wars, dating to William Jennings Bryan and the 19th-century free silver movement. Today’s version: The push by...

by admin October 5, 2022
Why the ESG vs. GOP war over energy and climate change is going nowhere
Environment

These stocks were our best and worst performers in the third quarter

The S & P 500 last week wrapped up the third quarter, falling more than 5%. It was the third consecutive quarter of declines...

by admin October 5, 2022
These stocks were our best and worst performers in the third quarter
Environment

White House races to block expected OPEC+ production cut

Oil prices have fallen to roughly $80 from over $120 in early June amid growing fears about the prospect of a global economic recession....

by admin October 5, 2022
White House races to block expected OPEC+ production cut
Environment

Time for U.S. to reevaluate Saudi relationship, Sen. Chris Murphy says ahead of OPEC output cut

OPEC+’s plans to cut oil production is a “mistake,” according to U.S. Senator Chris Murphy, who said there needs to be a re-evaluation of...

by admin October 5, 2022
Time for U.S. to reevaluate Saudi relationship, Sen. Chris Murphy says ahead of OPEC output cut
Environment

German minister criticizes U.S. over ‘astronomical’ natural gas prices

A photo of a natural gas flare burning near an oil pump jack at the New Harmony Oil Field in the U.S. on June...

by admin October 5, 2022
German minister criticizes U.S. over 'astronomical' natural gas prices
Environment

Foreign Secretary James Cleverly urges ministers to keep policy views ‘around the Cabinet table’ amid Conservative infighting

Foreign Secretary James Cleverly has urged his ministerial colleagues to keep their views on government policy “around the Cabinet table” as Liz Truss faces...

by admin October 5, 2022
Foreign Secretary James Cleverly urges ministers to keep policy views 'around the Cabinet table' amid Conservative infighting
Environment

UK selects site for prototype fusion energy plant, says it will replace coal-fired facility

While there is a great deal of excitement about fusion, there are huge challenges too. Jose A. Bernat Bacete | Moment | Getty Images...

by admin October 5, 2022
UK selects site for prototype fusion energy plant, says it will replace coal-fired facility
Environment

France’s nuclear energy strategy — once its pride and joy — faces big problems this winter

French Energy Minister Agnes Pannier-Runacher reportedly said last month that EDF was committed to restarting all its nuclear reactors this winter. Jean-marie Hosatte |...

by admin October 5, 2022
France's nuclear energy strategy — once its pride and joy — faces big problems this winter
Environment

Liz Truss to close Tory conference by defending ‘new approach’ – after turbulent gathering

Liz Truss will wrap up the Conservative Party conference by defending her approach and pledging a “new Britain for the new era” – after...

by admin October 4, 2022
Liz Truss to close Tory conference by defending 'new approach' – after turbulent gathering
Environment

After only 28 days, Liz Truss has had the worst possible start – can she win back control?

In power for just 28 days – and for 10 of them politics was paused following the death of the Queen – it has...

by admin October 4, 2022
After only 28 days, Liz Truss has had the worst possible start - can she win back control?
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