Japan's plan to release treated radioactive water from the Fukushima nuclear plant into the Pacific Ocean will have "zero environmental impact," according to one nuclear engineering professor who spoke to CNBC.Japan said Tuesday the Fukushima plant's operator, Tokyo Electric Power Co or TEPCO, will treat and dilute the...
A derek pumps in an oil field in Kuwait near the Saudi Arabian border.Joe Raedle | Getty ImagesLONDON — The price of oil could plunge to as little as $10 a barrel by 2050 if the world succeeds in electrifying the energy market and meeting Paris Agreement goals,...
The Isles of Scilly are located in waters off the coast of south west England.Heritage Images | Hulton Archive | Getty ImagesA year-long research project that will focus on the potential of tidal, wave and floating wind technology in waters off the coast of England has secured support from Marine-i,...
Six years ago, after days of painstaking negotiations, world leaders managed to thrash out a deal on climate change. The result was the Paris Agreement, decided at the COP21 summit in Paris.Described by the United Nations as a legally-binding international treaty on climate change, the landmark accord aims...
The proposed hydrogen project will be located near Whitelee Windfarm, a major facility near Glasgow, Scotland.Billy Currie Photography | Moment | Getty ImagesScottishPower has submitted plans to develop a major "green" hydrogen facility that it says will use the U.K.'s largest electrolyzer.In a statement earlier this week the...
Electricity pylons are seen in front of the cooling towers of the coal-fired power station of German energy giant RWE in Weisweiler, western Germany, on January 26, 2021.INA FASSBENDER | AFP | Getty ImagesLONDON — The world's dependency on fossil fuels is likely to get even worse in...
Iran's chief nuclear negotiator Abbas Araghchi attends a nuclear deal review meeting in Tehran.Raheb Homavandi | ReutersWASHINGTON – Iran will begin enriching uranium at 60%, a significant step toward weapons-grade material, in response to an attack at a key nuclear site, the country's top nuclear negotiator told state...
The International Monetary Fund has revised its growth forecast upward for the Middle East and North Africa region, as countries recover from the coronavirus crisis that began in 2020.Real GDP in the MENA region is now expected to grow 4% in 2021, up from the fund's October projection...
Prince William photographed in Peterborough, England, on July 16, 2020.Kirsty Wigglesworth -WPA Pool | Getty Images News | Getty ImagesBritain's Prince William has underscored the importance of investing in nature to tackle climate change and protect our planet, becoming the latest high profile public figure to weigh in...
Solar stocks are wavering despite lofty expectations.RBC Capital Markets initiated coverage of Sunrun on Wednesday, rating it outperform and giving it a price target of $81 per share. Even so, shares of the solar panel maker closed 4% lower at $54.21.The Invesco Solar ETF (TAN) also took a...