The Shortcomings of Carbon Offset Schemes
Many major corporations, from airlines and oil companies to fashion labels have invested in carbon offset schemes to support their decarbonization aims, including Delta, Gucci and ExxonMobil. Carbon offset initiatives offer an alternative to direct decarbonization practices and are very popular in hard-to-abate industries,...
The COP29 energy priorities are becoming increasingly clear as the UN climate change conference draws near. Set to take place in Baku, Azerbaijan, in November of this year, COP29 is poised to be a pivotal moment in the world’s climate change strategy. The conference is built on two primary...
In the U.S., nuclear energy is making a comeback after years of stagnation. As public perception broadly shifts in favor of nuclear energy, the government announces widespread spending across the nuclear power industry, including conventional power plants and innovative, small-scale nuclear projects. The resurgence of nuclear power has been...
In a bid to tap new oil regions and produce “low-carbon oil”, several U.S. oil majors are investing heavily in African and the Caribbean oil reserves to improve their chances of enhancing their oil production longevity. Many existing oil fields in conventional oil regions of the world are running...
Global Surge: Renewable energy consumption soared to 14.6% of total primary energy, driven by significant increases in solar and wind power.
China Leads: China led the global growth in renewable energy, adding a substantial share of new solar and wind capacity.
Biofuels on the Rise: Biofuels, particularly in...
By guest writer Alex Mills
Despite a 10% decline in drilling activity, U.S. oil production continues at a record pace, driven by efficiency gains and new technology.
Companies are increasing oil production targets in the Permian Ba sin, with Chevron and others forecasting significant output growth.
Innovative drilling techniques,...
The price of U.S. crude oil has been highly volatile due to escalating tensions in the Middle East with the anticipation of a potential retaliatory attack by Iran against Israel, which has caused fluctuations in oil prices after hitting a six-month low in early August. West Texas Intermediate (WTI)...
The U.S. solar energy industry is flourishing following several favorable climate policies and greater consumer interest in solar power. The public and private sectors have invested heavily in the uptake of solar energy installations over the past five years, with significantly more growth expected to come over the next...
We first covered direct lithium extraction (DLE) two years ago when we featured the magnanimous Teague Egan, CEO of Energy X on our Winter 2022 cover. Back then, Teague and his team were doing something no one else thought possible by abandoning the strip mines and giant lithium evaporation...
The U.S. battery recycling investment is growing rapidly to recover critical minerals and reduce waste, aiming to boost the battery supply chain and tackle China’s dominance. The world is increasingly relying on lithium-ion batteries to power electrical devices, green technologies, and electric vehicles (EV), with demand only expected to...
