Senate Majority Leader Mitch McConnell said Tuesday that the Senate would vote on the Green New Deal introduced last week by Sen. Edward Markey, D-Mass., and Rep. Alexandria Ocasio-Cortez, D-N.Y. "I've noted with great interest the Green New Deal, and we're going to be voting on that in the...
Nigel Garrard of Orora says cost pressures for energy in Australia and a slower economy in the U.S. will likely be headwinds for the company in 2019. (Source)
Matthew Kay of Beach Energy says the outlook for the company is "very strong" for the rest of 2019. (Source)
A representative of the United States government said Saturday that it would not help Saudi Arabia develop nuclear technology without guarantees that it would only be used for civilian purposes. Saudi Arabia has put the U.S. on a shortlist with China, Russia and others to bid for nuclear power...
Energy market participants may be able to adjust to U.S. sanctions against Venezuela's crude industry, the IEA said in its closely-watched report on Tuesday. The report comes at a time when tensions in Venezuela are reaching boiling point, with the oil-rich, but cash-poor, country in the midst of the...
The United States is bearing the brunt of climate change's toll on the economy. Morgan Stanley says climate-related disasters like hurricanes and wildfires have cost North America $415 billion, or two-thirds of the global total. That equals 0.66 percent of North American GDP. Last week,...
For many of us, the availability of cheap, mass-produced clothing is a blessing. For a few dollars we can bulk buy everything from shirts and shorts to pants, underwear and sweaters. While "fast fashion" may be a boon for our wallets because of its value, its impact on...
Essam Al-Sudani | Reuters People work at the Halfaya oilfield in Amara, southeast of Baghdad, Iraq. Analysts say oil prices are approaching breakout levels, and the final day of trading this week...
The first turbine at Hornsea One, an offshore wind farm situated 120 kilometers off the coast of Yorkshire, has started to generate power. In an announcement Friday, Danish renewable energy firm Orsted said that, when fully operational, the Hornsea One offshore wind farm would be almost double the size...
Engineers have developed wave energy technology that could help to produce low-cost electricity for thousands of households. In an announcement Wednesday, the University of Edinburgh said that the device could convert wave power into electricity and had been designed "to be incorporated into existing ocean energy systems." Experiments...