Environment

MIAMI — Former presidential candidate Andrew Yang says that Covid stimulus checks are not to blame for the recent inflation spike — and he’s still in favor of sending people free cash as a way to insulate workers from economic shocks and technological disruption. The universal basic income (UBI) evangelist told CNBC on the sidelines

In this article @NG.1 CTRA RRC EQT A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas prices surged to the highest level in more than 13 years Monday as Russia’s

In this article MBG-DE TSLA BMW-DE F GM 7267.T-JP With several major economies looking to cut the number of diesel and gasoline vehicles on their roads, Honda and other carmakers are attempting to develop electrification strategies that will allow them to remain competitive going forward. Aimur Kytt | Istock Editorial | Getty Images Honda plans

In this article EQNR-NO BP.-GB D SGRE-ES GE A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. The Haliade-X is part of a new generation of huge turbines set to be installed in the years ahead. Peter Boer | Bloomberg | Getty Images In the not too distant future, waters 15 miles

A driver uses the Uber app to drop off a passenger. Chris J. Ratcliffe | Bloomberg via Getty Images When Sergio Avedian, 55, started driving full time for Uber and Lyft in 2016, he used to make $3,000 a week. “Now, it’s impossible to make that kind of money,” he said. Coming out of the

Google’s data centers around the world use about twice as much electricity as the city of San Francisco. In total, Google used 15.5 terawatt hours of electricity in 2020 and the majority of that goes to its data centers. (It hasn’t made 2021 figures available.) The amount of energy Google uses is growing as overall

D3sign | Moment | Getty Images Inflation has hit levels not seen in 40 years and Americans’ wallets are feeling the strain. Prices are rising on everything from energy to food to shelter, costing the average American household an additional $327 per month, according to a Moody’s Analytics analysis. That’s higher than last month’s estimate

Concerns related to both the energy transition and energy security have been thrown into sharp relief by Russia’s invasion of Ukraine. At the same time, recent months have also seen commodity prices jump. Marcus Brandt | Picture Alliance | Getty Images The world’s governments have pledged more than $710 billion to “sustainable recovery measures” by

Even as the world shuns Russian goods, India is setting its sights on Russian coal. India’s coal imports from Russia jumped in March 2022 to highs not seen in more than two years, according to commodity intelligence firm Kpler. Ritesh Shukla | Getty Images News | Getty Images India’s hunger for coal is growing. Even

Small changes in the price of gasoline may not seem like much. However, every 10-cent increase at the pump costs consumers overall a combined $11 billion or more over the course of a year, according to Ryan Sweet, a senior director at Moody’s Analytics. Gas prices are up nearly 50% from a year ago and

A financial shock could be on the cards if there’s a “trade rupture” between Russia and Germany, warned S&P Global’s chief economist on Tuesday. “Looking at a downside scenario … there’s kind of several different ways to play that but we think the one that would really move the macro needle is some sort of

In this article ENR-DE Onshore wind turbines in Germany. The NeuConnect project says the interconnector will enable Britain to “tap into the vast energy infrastructure in Germany, including its significant renewable energy sources.” By Thomas E. Gunnarsson | Moment Open | Getty Images Key contracts totaling more than £1.5 billion ($1.95 billion) have been awarded

Oil pumping rigs are situated next to a vineyard of table grapes as viewed on July 8, 2021, north of Bakersfield, California. George Rose | Getty Images Oil prices slid Monday, accelerating two straight weeks of declines as lockdowns in China sparked demand fears. International benchmark Brent crude declined 4.2%, or $4.31, to trade at

It’s hard to escape high gas prices. As Americans feel increased pressure at the pump, the average driver is spending 2.24% of their monthly income on gas, while pickup truck and SUV drivers shell out as much as 3.12%, on average, according to a recent report by FinanceBuzz based on data from the U.S. Department

Alongside a ramp up in nuclear power, the British Energy Security Strategy envisages up to 50 GW of offshore wind and 10 GW of hydrogen – half of which would be so-called green hydrogen – by 2030. Christopher Furlong | Getty Images News | Getty Images The U.K. government has revealed details of its long

A front loader collects a shovel of coal from a pile at the Raspadsky open-pit coal mine, operated by Raspadskaya PJSC, in Mezhdurechensk, Russia, on Friday, Feb. 5, 2021. Andrey Rudakov | Bloomberg | Getty Images The European Union’s proposed ban on coal imports from Russia is not expected to take full effect until August

In this article JPM EVGO EVgo Coming Soon sign Source: EVgo Chase is partnering with EVgo to pilot electric vehicle charging stations at select branches across the country, the company announced Thursday. The move is part of the bank’s push to promote sustainability and reduce its carbon footprint. The company said it’s aiming to have

Global prices for some grains have spiked since the Russia-Ukraine war started, with both countries contributing a significant percentage of the world’s supply for some of those commodities such as wheat. Vincent Mundy | Bloomberg | Getty Images From food prices to tourism and weapons supply, Asia-Pacific countries could be hit hard by the Russia-Ukraine

Natural gas is one of several commodities affected by Russia’s invasion of Ukraine.  Prices on the Dutch TTF hub, a European benchmark for natural gas trading, more than tripled between February 16 and March 7 before pulling back. But despite being at the center of the largest military conflict in Europe since World War II,

In this article TSLA SQ Solar panels are seen in this drone photo at the Impact solar facility in Deport, Texas, July 15, 2021. Drone Base | Reuters MIAMI — Blockstream and Jack Dorsey’s Block, formerly Square, are breaking ground on a solar- and battery-powered bitcoin mine in Texas that uses solar and storage technology