Germany, Italy agree to Russian gas payments after Brussels approval – sources

A model of a natural gas pipeline shows in front of the projected floor the colors of the flag of the European Union and Russia in this illustration taken on March 8, 2022. REUTERS / Dado Ruvic / Illustration Register now to get free unlimited access to Reuters.com Register Some EU countries refuse to comply … Read more

Biden official announced $3.5 billion to remove carbon dioxide

The federal government relies heavily on the idea of ​​the “undo” button on climate change. The US Department of Energy announced on Thursday its official intent to fund 3.5 billion dollars in CO2 removal by direct air capture. This announcement indicates that the Biden administration aims to pour billions of dollars into developing, building and … Read more

What does Russia’s war mean for global climate goals?

A group of Ukrainian women demonstrate to demand further action against Russia near the European Union Commission headquarters in Brussels, Belgium. Thierry Mons | Getty Images News | Getty Images LONDON – Thinking about energy markets in just over a month after the Russian attack on Ukraine, Saudi Arabia’s top energy official. She said: “Look … Read more

EU plans to expand renewables, says coal needs a little longer

Wind and coal turbines in Lower Saxony, Germany. The EU’s desire to move away from Russian oil and gas means it will need to find fossil fuels from other parts of the world to fill supply gaps. Mia Boucher | Photo Alliance | Getty Images The European Commission has detailed a plan to ramp up … Read more

Exclusive: US aims to arm Ukraine with advanced anti-ship missiles to fight Russian blockade

The US Navy’s Arleigh-Burke-class guided missile destroyer USS Curtis Wilbur launched a Harpoon surface-to-surface missile during the Quadruple Pacific Vanguard (Pakvan) exercises between Australia, Japan, the Republic of Korea and the US Navy in the Philippine Sea on May 26. Photo taken May 26, 2019. Tony Burton, Mass Communications Specialist / US Navy 1st Class … Read more

Fuel is a problem for business and consumers – why prices are so high

A sign displays gas prices at a gas station on May 10, 2022 in San Mateo County, California. Liu Guangan | China News Service | Getty Images It’s impossible to overlook the skyrocketing price of gasoline and right in the head of consumers’ minds as big billboards advertise that gas is now $4, $5 and … Read more

Inflation makes everyone spend more, but it may be the engine to save our money — and our planet

Inflation worries many Americans — a jump in the price of groceries and gas means paying more for fewer items, and potentially restricting any savings in the future. But it could also be an opportunity to rethink daily spending, and perhaps even help the environment. There is a link between consumer spending and climate change. … Read more

After the craze for renewables, Vietnam’s solar energy goes to waste | energy

Ninh Thuan, Vietnam – For up to 12 days each month, Tran Nhu Anh Kiet, a supermarket manager in the Ninh Thuan province of Vietnam, is forced to turn off his solar panels during the most lucrative peak hours of sunshine. “I lose an average of 40 percent of production,” Kate told Al Jazeera, referring … Read more

Gasoline could hit $5 a gallon this summer, causing more pain for consumers

Current gasoline prices are shown in Garden Grove, California, March 29, 2022. Mike Blake | Reuters Gasoline prices are an alternative ticket to consumers’ wallets this summer, as supply shortages and uncertainty in Ukraine could drive up fuel costs sharply. Gasoline prices are up around $5, and look like they’ll stay high even after the … Read more