Tag

Cleanenergy

All articles tagged with #cleanenergy

energy1 year ago•11 min saved

Geothermal Energy: The Underground Revolution in Clean Power

Tim Latimer, CEO of Fervo Energy, is pioneering the use of fracking techniques to harness geothermal energy from superhot rocks deep underground, aiming to produce 2,000 megawatts of zero-carbon power by 2030. Despite raising over $400 million from investors like Bill Gates and Mark Zuckerberg, the project faces potential challenges from President-elect Trump's plans to cut green energy subsidies. Fervo's innovative approach could revolutionize clean energy, but it must navigate technical, financial, and political hurdles.

via Forbes|

#cleanenergy #energy #fracking

politics1 year ago•5 min saved

Biden's Amazon Visit Highlights Climate and Conservation Efforts Ahead of G20

President Joe Biden is set to become the first sitting U.S. president to visit the Amazon, highlighting his commitment to global climate efforts despite a mixed international record. While Biden has made climate change a central part of his domestic agenda, his administration has faced challenges in securing foreign aid for global climate initiatives and has struggled to meet its own emissions reduction targets. The visit underscores Biden's dedication to environmental issues, even as geopolitical tensions and domestic political challenges threaten to undermine his climate legacy.

via POLITICO|

#amazon #biden #cleanenergy

politics1 year ago•4 min saved

Trump's Climate Policy Repeal Threatens Billions in Costs and Global Impact

A new report warns that Donald Trump's promise to repeal Joe Biden's climate policies could cost the US billions in lost investments and exports, while boosting China's leadership in clean energy. The analysis suggests that scrapping these policies could push $80 billion of investment abroad and cost the US up to $50 billion in exports, undermining its position in the global clean energy race. Despite Trump's focus on fossil fuels, renewables are expected to continue growing due to their economic attractiveness.

via The Guardian|

#biden #cleanenergy #climatepolicy

politics1 year ago•5 min saved

Trump's Impact on Climate Policy and Energy Industry

As Donald Trump prepares for a potential return to the presidency, he is expected to target U.S. climate policies, including possibly withdrawing from the Paris Agreement and the UN Framework Convention on Climate Change. While he may attempt to scale back clean energy initiatives and boost fossil fuel production, legislative hurdles and market dynamics could limit his impact. The Biden administration's investments in clean energy, embedded in laws like the Inflation Reduction Act, may be difficult to dismantle, though some aspects, such as electric vehicle tax credits, could be at risk.

via The Conversation|

#cleanenergy #climatepolicy #fossilfuels

politics1 year ago•1 min saved

Trump's Impact on Clean Energy: Stocks and Policies in Turmoil

Solar stocks plummeted after Donald Trump secured a second term as U.S. President, raising concerns about the future of the Inflation Reduction Act (IRA), which has been pivotal in promoting clean energy through tax incentives. The Invesco Solar ETF dropped over 11% in premarket trading, with significant declines in companies like First Solar, Sunrun, and Sunnova. Trump's campaign has targeted the IRA, labeling it the "Socialist Green New Deal," and its future depends on Republican control of Congress.

via CNBC|

#cleanenergy #elections2024 #inflationreductionact

automotive-environment2 years ago•2 min saved

"Cross-Country Tesla Journey: Charging Challenges and Road Trip Revelations"

Jeff Flock of Fox Business tested the practicality of long-distance travel in a Tesla electric vehicle from Chicago to New York, covering 800 miles and charging the vehicle eight times. The trip highlighted the importance of planning for charging stops and the reality that EV trips can take longer than those in gas-powered vehicles. Despite the challenges, Flock emphasized the coolness of the technology and the environmental benefits, noting that the cost of charging is comparable to fueling a traditional car. The journey was a response to the Biden administration's push for clean transportation and the concerns of drivers regarding EV range and charging infrastructure.

via Fox Business|

##automotive-environment #cleanenergy

environment-and-climate-change2 years ago•1 min saved

"Arctic Mystery: Bubbling Methane and the Threat Beneath the Ice"

Scientists in Svalbard, Norway, have detected substantial methane emissions from exploration wells in the Arctic permafrost, a potent greenhouse gas that could exacerbate global warming. Methane, which is 28 times stronger than CO2 in trapping heat, could significantly hinder efforts to limit temperature rise if released in large quantities. The study highlights the urgency of transitioning to clean energy sources, such as solar power, and adopting energy-efficient practices like using LED bulbs to protect the permafrost and mitigate climate change.

via Yahoo News|

##arcticresearch #cleanenergy

technology-and-environment2 years ago•2 min saved

"Vineyard Wind Powers Up: First Large-Scale Offshore Farm Energizes US Grid"

Offshore wind turbines at Vineyard Wind 1 near Martha’s Vineyard and South Fork Wind near Montauk Point have begun transmitting power to the U.S. grid, marking a significant step in renewable energy integration. Despite recent setbacks in the industry due to supply chain issues and financial challenges, these developments represent progress in the U.S. offshore wind sector. Startups like SkySpecs, Aerones, and AirLoom are working on innovative solutions to reduce costs and improve the efficiency of wind energy, indicating a growing focus on advancing renewable energy technologies.

via TechCrunch|

##cleanenergy #offshorewind

environment-and-energy2 years ago•6 min saved

"Vineyard Wind Energizes New England with First Large-Scale Offshore Power Delivery"

The Vineyard Wind project, an offshore wind farm located off the coast of Martha's Vineyard, has begun delivering power to New England's electric grid, marking a significant milestone for the American offshore wind industry. One of the five completed GE Haliade-X turbines supplied approximately 5 megawatts of power, with plans to have all turbines operational early this year. Once fully complete, the wind farm will consist of 62 turbines, generating enough electricity for around 400,000 homes and businesses. This development represents a key step towards Massachusetts' goal of energy independence and aligns with the Biden administration's broader objectives for renewable energy expansion on the East Coast.

via WCVB Boston|

##cleanenergy #environment-and-energy

environment-and-energy2 years ago•2 min saved

"Vineyard Wind Marks Milestone as First US Large-Scale Offshore Farm Feeds Power to Grid"

The United States has inaugurated its first large-scale offshore wind project, Vineyard Wind, off the coast of Massachusetts, marking a significant step in the country's renewable energy efforts. The project, which began with one turbine producing 5MW of power, aims to have 62 turbines generating enough electricity for 400,000 homes. This development aligns with President Joe Biden's goal of deploying 30GW of offshore wind by 2030 and represents a major achievement for the American offshore wind industry, despite recent setbacks such as project cancellations and opposition from various groups.

via The Guardian|

##cleanenergy #environment-and-energy

automotive-finance2 years ago•2 min saved

"Maximizing Savings: The Latest Guide to EVs Qualifying for Full Federal Tax Credits"

The list of electric vehicles eligible for the $7,500 tax credit in 2024 has been reduced to 13 models due to new regulations that exclude cars with materials from certain foreign entities, including China. The updated list includes select models from Tesla, Rivian, Chevrolet, Ford, Chrysler, Jeep, and Lincoln. The Tesla Model 3 Performance is eligible, but other Model 3 versions are not. The Ford Mustang Mach-E has also been removed from the list. Vehicle eligibility can be confirmed by submitting the VIN on fueleconomy.gov.

via Mashable|

##automotive-finance #automotivepolicy

business-and-finance2 years ago•2 min saved

"Adani Group's Resilient Surge Amid Challenges and Debt Concerns"

Gautam Adani, the billionaire head of the Adani Group, has declared the past year as one of "extraordinary contrasts," ending in a position of "unprecedented strength" despite facing a short seller attack and opposition from various groups. The Supreme Court-appointed committee validated the group's integrity and governance, dismissing the allegations against them. Adani Group's operating income soared by 47% in the first half of FY24, and the conglomerate plans to invest $100 billion over the next decade, focusing on clean energy. The group has also gained the trust of prominent global investors and is undertaking ambitious projects, including the world's largest renewable energy park and the development of Navi Mumbai airport.

via NDTV Profit|

##adanigroup #business-and-finance