Siemens Energy shares fell 36% on Friday morning after the company withdrew its fiscal 2023 profit guidance late Thursday. Components in wind turbines made by its subsidiary Siemens Gamesa are wearing out faster than expected. The news isn’t just a blow for the company’s shareholders, but for…
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In a surprising shift within the energy industry, major fossil fuel players are boldly asserting that natural gas will play a pivotal role in the transition to a greener future, Bloomberg reported. Industry leaders such as Shell and Chevron are ramping up investments in natural…
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Historic Big Apple pizza joints could be forced to dish out mounds of dough under a proposed city edict targeting pollutant-spewing coal-and-wood-fired ovens, The Post has learned.
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Oil, natural gas and coal continued to dominate global primary energy consumption in 2022 despite focused efforts by western governments to subsidize a largely debt-funded transition to renewables and electric vehicles (EVs). The Statistical Review of World Energy, conducted by the Energy Institute, finds that fossil…
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Sen. Joe Manchin has been at war with the administration for months over its implementation of last year’s landmark climate law. He is even accusing President Joe Biden of breaking a promise to him.
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They’re baaack! More than 40 years after the country voted to phase out nuclear power, Sweden is now looking to build more nuclear reactors after its parliament formally abandoned its 100% renewable energy target to meet net-zero by 2045.
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President Biden and bipartisan majorities in Congress last year enacted a series of landmark bills aiming to bolster U.S. investments in science and technology in a bid to outcompete China in key industries, from semiconductors to clean energy technologies. mise. So, what does it show…
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The Environmental Protection Agency (EPA) watered down a renewable fuels proposal that was set to subsidize electric vehicles (EV), after pleas from refiners.
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COLUMBUS, Ohio -- A popular misquote of Mark Twain reads, “The reports of my death are greatly exaggerated.”
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Republicans aren’t done attacking ESG investing. Far from it.
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