Environment

In this article 1CO1-FF 1COV-DE Covestro’s headquarters in Leverkusen, Germany. The company has adjusted its full year guidance for 2022, citing a number of factors. Ina Fassbender | AFP | Getty Images German materials giant Covestro warned Tuesday that the rationing of gas could see some of its sites shut down, as its CEO stressed

Coal prices are soaring and global coal consumption is expected to return to record levels reached almost 10 years ago as the global energy supply crunch continues.  While investors in coal stocks are having a field day thanks to high coal prices, curbs on carbon emissions are taking a backseat as markets and governments scramble

Europe is facing an unprecedented gas crisis. Picture Alliance | Picture Alliance | Getty Images Europe is facing an unprecedented energy crisis that’s pushing the economy closer to a recession and posing serious questions about the region’s climate change ambitions. CNBC takes a look at how Russia, led by President Vladimir Putin, is squeezing gas

Sen. Joe Manchin in the U.S. Capitol on Tuesday, June 14, 2022. Sen. Joe Manchin, D-W.Va., and his staff told Democratic leadership on Thursday that he’s not willing to support major climate and tax provisions in a sweeping Biden agenda bill, according to a Democrat briefed on the conversations. Tom Williams | Cq-roll Call, Inc.

In this article ENPH CTRA Getty Images The top eight S&P 500 stocks this year are all energy names. But one is unlike the others: Enphase Energy. The solar-focused company stands out amid the other seven gainers, all of which are oil and gas stocks. Occidental is the benchmark’s top performer this year, with shares

Hanover will also reduce the times when heating is on in municipal buildings between October and March — excluding day care centers — convert all lamps to LED, ban mobile air conditioners, fan heaters or radiators, and install motion detectors in place of permanent lighting in public toilets, bicycle sheds, corridors and parking lots. Moritz

PARIS — Celsius and Voyager Digital were once two of the biggest names in the crypto lending space, because they offered retail investors outrageous annual returns, sometimes approaching 20%. Now, both are bankrupt, as a crash in token prices — coupled with an erosion of liquidity following a series of rate hikes by the Federal

Club holding Chevron (CVX) reported strong quarterly results before the opening bell on Friday. The energy giant reported revenue of $68.76 billion, handily beating expectations of $59.42 billion. Adjusted earnings of $11.4 billion, or $5.82, per share for the quarter, exceeded the $5.06 per share consensus. Bottom line It was a very solid quarter from

In this article XOM A floorhand operates a Chevron oil drilling rig near Taft, California. Chip Chipman | Bloomberg | Getty Images Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boost operations, and as the oil giants keep their spending in check. Chevron reported earnings of $11.62

U.S. Senator Joe Manchin (D-WV) returns to a basement office meeting with other senators that included Kyrsten Sinema (D-AZ), Jon Tester (D-MT), Tim Kaine (D-VA) and Angus King (I-ME), (not pictured) at the U.S. Capitol in Washington, December 15, 2021. Elizabeth Frantz | Reuters Environmental groups reacted with surprise after U.S. Senate Democrats struck a deal

Contractors install SunRun solar panels on the roof of a home in San Jose, California, on Monday, Feb. 7, 2022. David Paul Morris | Bloomberg | Getty Images Solar stocks jumped on Thursday after Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.V., said they’ve reached a deal on what would be the

Construction on the China-Russia eastern natural gas pipeline project has moved far beyond provinces on the border, and extended to the eastern Chinese province of Jiangsu, pictured here on March 12, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — China and Russia are in the final stages of building the first pipeline

Europe has previously received around 45% of its annual gas supplies from Russia. Leonhard Foeger | Reuters Europe’s descent into an economic contraction looks to have been confirmed with Russia squeezing natural gas supplies to the region and heavy industry facing tough rationing in the coming months. Just days after Europeans breathed a sigh of

In this article ENPH Workers install solar panels on the roofs of homes under construction south of Corona, California. The California Energy Commission in May 2018 adopted new energy building standards requiring solar panels for virtually all new homes built in the state starting in 2020. MediaNews Group/Inland Valley Daily Bulletin via Getty Images |

In this article @NG.1 The Nord Stream 1 pipeline, through which Russian natural gas has been flowing to Germany since 2011, will be shut down for around 10 days for scheduled maintenance work. Picture Alliance | Picture Alliance | Getty Images Natural gas prices are surging around the world as scorching temperatures stoke demand for

The busiest earnings week of the summer is here — oh, and the Federal Reserve will announce its latest decision on interest rates Wednesday afternoon as the U.S. central bank tries tame the hottest inflation in four decades. Don’t forget the first look at second-quarter gross domestic product Thursday morning. That’s when we find out

President Joe Biden announced new executive steps to combat climate change on Wednesday, but fell short of issuing a climate-emergency declaration as some Democrats have called for amid stalled negotiations over major environmental legislation in Washington. “Since Congress is not acting as it should … this is an emergency and I will look at it

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 Monday’s key moments. 1. What Netflix earnings mean for Disney 2. Halliburton has a cheap valuation 3. Bausch + Lomb chairman steps down 4. Quick mentions: AAPL, AMZN 1. What Netflix earnings mean

In this article VOW3-DE TSLA 7269.T-JP 7205.T-JP 7203.T-JP A Toyota Mirai hydrogen fuel cell vehicle photographed in Berlin, Germany, in August 2021. The Japanese automotive giant started working on the development of fuel-cell vehicles back in 1992. Krisztian Bocsi | Bloomberg | Getty Images Automotive giant Toyota, along with three other partners, will work on

In this article SHEL-GB EDP-PT RWE-FF RWE-DE This illustration shows how SolarDuck’s technology could be deployed at sea. SolarDuck German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar technology in the North Sea, as part of a wider collaboration focused on the development of “floating solar