Abdulaziz bin Salman, Saudi Arabia’s energy minister, speaks during a panel session at the Qatar Economic Forum in Doha, Qatar on May 23, 2023. Bloomberg | Bloomberg | Getty Images Saudi oil minister Prince Abdulaziz bin Salman on Tuesday told market speculators to “watch out,” reiterating his warning that they could face pain ahead. “Speculators,
Environment
Europe may have done a good job in reducing its dependency on Russian oil and gas and mitigating an energy crisis caused by the war in Ukraine but it’s “not out of the woods” yet, the head of the International Energy Agency (IEA) told CNBC. “Europe was able to transform its energy markets, reduce its
A view of fjords as they melt due to climate change near Svalbard Islands, in the Arctic Ocean in Norway on July 19, 2022. Anadolu Agency | Anadolu Agency | Getty Images The Norwegian government is calling on energy giants to ramp up oil and gas exploration projects in remote regions like the Arctic Barents
A 2019 pre-owned Nissan Leaf SV on the lot in 2022 during the chip shortage that depleted stock of new auto inventory. Boston Globe | Boston Globe | Getty Images Affordable EVs have been on sale in the U.S. well over a decade and the data analytics company Experian says about 2.2 million were on
Getty Images To avoid rising energy costs and benefit from increasing renewable energy incentives and tax breaks, more homeowners may be considering a home solar system. Last year, the growth of residential solar in the U.S. boomed. Even as overall growth of solar installations, including commercial and utility-scale projects, decreased year over year, residential solar
A Direct wafer 6 x 6 solar cell at the CubicPV facility in Bedford, MA on August 5, 2021. Boston Globe | Boston Globe | Getty Images In 1839, German scientist Gustav Rose went prospecting in the Ural Mountains and discovered a dark, shiny mineral. He named the calcium titanate “perovskite” after Russian mineralogist Lev
The AB1 autonomous bus service will travel on a route in Scotland, with vehicles able to hit a top speed of 50 miles per hour. Andy Buchanan | AFP | Getty Images The U.K.’s first full-sized autonomous bus service opened to the general public on Monday, with those involved in the project describing it as
We’re always scanning the market, looking for opportunities to deploy capital as prices come down. With our expectation for more volatility ahead as the debt ceiling debate picks up, we’re waiting for the market to get into oversold territory before we start putting the bulk of our 10% cash position to work. Remember, when the
Wind turbines in the North Sea, off the coast of the Netherlands. As more wind farms are developed, the interaction between turbines and birds will become an increasingly important issue. Mischa Keijser | Image Source | Getty Images Offshore wind farms in the North Sea were recently “shut down” in a bid to protect migratory
A smoke column rises from wildfire EWF031 near Lodgepole, Alberta, Canada May 4, 2023. Alberta Wildfire | Reuters Wildfires burning across western Canada have forced thousands of people to evacuate their homes and have prompted some oil and gas companies to curb production as blazes approach pipelines. The fires have burned about 478,000 hectares, or 1,800
Wind Catching Systems wants to develop a floating, multi-turbine system. This illustration shows what it could look like once deployed. Wind Catching Systems With their considerable height and sweeping blades, wind turbines are perhaps the most visually striking sign of the world’s shift to a more sustainable future. Over the past few years, major players
Tom Vilsack, US agriculture secretary, speaks during the SelectUSA Investment Summit in National Harbor, Maryland, on Monday, June 27, 2022. Ting Shen | Bloomberg | Getty Images The Biden administration on Tuesday announced nearly $11 billion in grants and loans to help rural energy and utility providers bring affordable clean energy to their communities across
Aerial view of oil and gas jack-up rig at the yard for maintenance with many vessels in Singapore. Oil prices saw three consecutive weekly declines last week, marking the longest losing run this year. Chain45154 | Moment | Getty Images The ongoing pressure in oil prices neglects an accelerating demand outlook and looming supply tightness,
In this article OKE CMG ROST TJX BIIB LLY Follow your favorite stocksCREATE FREE ACCOUNT With lawmakers in a stalemate about the debt ceiling, CNBC’s Jim Cramer said Monday to put faith in defensive stocks like health care, discount stores, and natural gas. Cramer looked to the 2011 debt ceiling crisis for guidance, noting that
In this article HTZ Follow your favorite stocksCREATE FREE ACCOUNT Tesla Model 3 electric vehicles at a Hertz neighborhood location. Hertz Consumers may be on the fence about whether it’s yet time to buy EVs, but car-rental giant Hertz Global Holdings has made the leap. Markets boosted shares of Estero, Fla.-based Hertz after its recent
The investor who ran the country’s biggest natural gas ETF said he believes prices have hit bottom. John Love, who managed the United States Natural Gas Fund, cites global demand and production dynamics for his bull case. “They’re [producers] looking to the future,” the U.S. Commodity Funds CEO told CNBC’s “ETF Edge” this week. “This
Founders: Robert Falck (CEO), Linnéa Kornehed-Falck, Filip LiljaLaunched: 2016Headquarters: Stockholm, SwedenFunding: $652.3 millionValuation: N/AKey technologies: Artificial intelligence, autonomous vehicles, machine learningIndustry: AutomotivePrevious appearances on Disruptor 50 List: 0 Persephone Kavallines Just as electric vehicles are gaining popularity among consumers, so too are they catching on in the commercial trucking realm. In a quest to reduce carbon footprints
Twitter CEO Jack Dorsey arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Elon Musk’s Twitter is facing new competition from a rival called Bluesky, a so-called decentralized communications app that is backed by Twitter co-founder and twice-former CEO, Jack Dorsey. Musk’s Twitter makeover has sparked new
In this article TSLA DRX-GB Follow your favorite stocksCREATE FREE ACCOUNT The Gwynt y Mor offshore wind farm, in waters off the coast of Wales. The U.K. is home to a mature offshore wind sector. Ben Birchall | PA Images | Getty Images Wind power was Britain’s biggest source of electricity in the first quarter
The diesel-powered trucking industry moves a majority of freight, up to 70% in the U.S. alone. In California, trucks are the largest single source of vehicle-produced air pollution that “spew 70% of the state’s smog-forming gases and 80% of carcinogenic diesel pollutants,” according to the California Air Resources Board, making the trucking sector a key
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