EU Commission’s President Ursula von der Leyen holds a press conference ahead the G20 and the COP26 (Glasgow Conference) in the Berlaymont, the EU Commission headquarter on October 28, 2021 in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images European Commission President Ursula von der Leyen has told CNBC that energy sanctions
In this article AIR-FR A model of one of Airbus’ ZEROe concept aircraft displayed in Hamburg, Germany, on 18 January 2022. Marcus Brandt/dpa | picture alliance | Getty Images Aviation could face substantial challenges if it’s unable to decarbonize in a timely manner, according to the CEO of Airbus, who added that hydrogen planes represent
Some pumpjacks operate while others stand idle in the Belridge oil field on November 03, 2021 near McKittrick, California. Mario Tama | Getty Images Oil prices are soaring and nothing appears to be stopping their ascent. December to January saw international benchmark Brent crude climb by roughly $11 a barrel, and it’s gone up nearly
A bulldozer pushes coal onto a conveyor belt at the Jiangyou Power Station on January 28, 2022 in Jiangyou, Mianyang City, Sichuan Province of China. Liu Zhongjun | China News Service | Getty Images LONDON — Banks and investors have channeled massive sums of money to support the coal industry in recent years, according to
LONDON — The ramifications of the Industrial Revolution, which had its roots in 18th-century Britain, were huge. Britain’s abundance of coal — as well as the ease with which it could be accessed — was a crucial ingredient in this historical turning point, powering the steam engines which helped drive society’s transformation. But things have
In this article SPWR TTE-FR Construction workers install SunPower tiles on homes in San Ramon, Calif. Robert Nickelsberg | Getty Images TotalEnergies is buying SunPower‘s commercial and industrial business, the two companies announced Wednesday evening. The $250 million deal includes $190 million cash up front, plus another $60 million to be paid if an extension
In this article IAG-GB AIR-FR Sustainable aviation fuel’s main challenge relates to volume rather than airlines’ desire to use it, and consumers will be willing to pay the extra costs associated with its uptake, the director general of the International Air Transport Association told CNBC Friday. “I think quantity is the main issue at the