Environment

Coal is unloaded onto large piles at the Ulan Coal mines near the central New South Wales rural town of Mudgee in Australia, March 8, 2018. David Gray | Reuters Shares of Australian coal producer Whitehaven has risen 200% this year. The share price of the Australian-listed miner has risen about 150% since the Russia-Ukraine

California, the country’s most populous state and the center of U.S. car culture, is banning the sale of new gasoline-powered vehicles starting in 2035, marking a historic step in the state’s battle against climate change. The rule, issued by the California Air Resources Board on Thursday, will force automakers to speed up production of cleaner

This image, from March 2022, shows wind turbines in front of the Hamaoka Nuclear Power Station in Japan. The country is now planning to use more nuclear power in the years ahead. Korekore | Istock | Getty Images Japanese plans to pivot back to using more nuclear power have been welcomed by the International Energy

Airseas, the maritime unit of France’s Airbus, has developed a gigantic, automated kite called Seawing, which essentially tows a ship. Airseas The shipping industry accounts for nearly 3% of the world’s total greenhouse gas emissions, producing as much manmade carbon dioxide as all the coal-fired power plants in the U.S. combined. Still, it’s a relatively

We’re selling 35 shares of Pioneer Natural Resources (PXD) at roughly $258.60 each. Following Friday’s trade, Jim Cramer’s Charitable Trust will own 170 shares of PXD, decreasing its weighting to 1.46% from 1.75%. In line with our recent sales of Coterra Energy (CTRA) on Monday and Chevron (CVX) earlier this month, we are taking the

In this article PXD Mehmet Oz, US Republican Senate candidate for Pennsylvania, speaks during a campaign event in King of Prussia, Pennsylvania, US, on Thursday, June 9, 2022. Hannah Beier | Bloomberg | Getty Images Dr. Mehmet Oz has championed the oil and gas industry as he vies to win a coveted Senate seat in

LONDON — Britain’s energy regulator announced Friday it will raise its main cap on consumer energy bills to an average £3,549 from £1,971 a year, as campaign groups, think tanks and politicians call on the government to tackle a cost-of-living- crisis. The price cap limits the standard charge energy suppliers can bill domestic customers for

In this article TATAPOWER-IN RWE-DE India is targeting a major ramp up of its renewable energy capacity, but achieving its aims represents a big challenge. Puneet Vikram Singh | Moment | Getty Images Norway’s Climate Investment Fund and the country’s biggest pension company, KLP, are set to invest in a 420-megawatt solar power project being

“There’s a point when energy bills are hike[d] so high that it would be cheaper to commute to work than heat your home during the day, and for some people it will be enough to prompt a return to work,” said Sarah Coles, senior personal finance analyst at Hargreaves Lansdown. Hinterhaus Productions LONDON — High

President Joe Biden signs The Inflation Reduction Act with (left to right) Sen. Joe Manchin, D-WV; Senate Majority Leader Chuck Schumer, D-NY; House Majority Whip James Clyburn, D-SC; Rep. Frank Pallone, D-NJ; and Rep. Kathy Catsor, D-FL, at the White House on Aug. 16, 2022. Drew Angerer | Getty Images News | Getty Images The

With natural gas prices in the U.S. and around the globe off the charts high, we’re looking at what that means for our energy stocks. Early Tuesday, U.S. natural gas surged to 14-year highs — over $10 per million British thermal units. But it turned sharply lower later and settled down about 4% at just over $9 after the expected restart

We’re updating the way we think about the price levels of two stocks in the Club portfolio — upgrading Qualcomm (QCOM) to a 1 rating after a recent pullback and downgrading Devon Energy (DVN) to a 2 rating after a recent rally. Qualcomm upgrade We are upgrading our rating on QCOM to a 1 rating

Sustainable aviation fuel, commonly called SAF, has so far been expensive to produce, but new startups are now creating clean fuels out of carbon at a much cheaper cost. Now, new tax credits for clean fuel production from the recently signed Inflation Reduction Act could propel these companies further faster. Most SAF is made out

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: Stocks slide to start trading week Oil declines after our Coterra sale alert Constellation bucks the market Another Amazon health-care move? 1. Stocks slide to start trading week All three

Tim Graham | Getty Images News | Getty Images LONDON — An expected surge in U.K. energy prices this winter is being described as a national emergency, posing at least as great a financial threat as the coronavirus pandemic.  The upcoming increase in a regulator-set limit on consumer energy bills is predicted to push a

New OPEC Secretary-General Haitham Al Ghais said Wednesday that the influential producer group is not to blame for soaring inflation, pointing the finger instead at chronic underinvestment in the oil and gas industry. “OPEC is not behind this price increase,” Al Ghais told CNBC’s Hadley Gamble. “There are other factors beyond OPEC that are really

European governments are scrambling to fill underground storage with gas supplies to provide households with enough fuel to keep homes warm during winter. Picture Alliance | Picture Alliance | Getty Images Germany’s natural gas storage facilities surpassed a fill level of more than 75% this month, two weeks ahead of schedule, as Europe’s largest economy

Ukrainian Emergency Ministry rescuers attend an exercise in the city of Zaporizhzhia on August 17, 2022, in case of a possible nuclear incident at the Zaporizhzhia nuclear power plant located near the city.  Dimitar Dilkoff | AFP | Getty Images Russia’s Ministry of Defense warned Thursday that if an accident occurs at the nuclear power

Inside what’s called the amplifier bay of the Texas Petawatt Laser, where the energy of a laser pulse is boosted. The green light are the pump lasers that amplify or boost the energy of the main laser. Photo courtesy Todd Ditmire As the effects of climate change become more obvious, the promise of nuclear fusion

A customer shops for eggs in a Kroger grocery store on August 15, 2022 in Houston, Texas. Brandon Bell | Getty Images July’s consumer price index report finally showed a sign of potential relief – inflation ticked up less than expected from a year ago, and was flat on the month, meaning that a basket