Environment

An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States on May 11, 2022. Anadolu Agency | Anadolu Agency | Getty Images A perfect storm is taking place in the diesel market, with dwindling diesel reserves, a drought on the Mississippi River pushing more product to rail and truck,

Tesla CEO Elon Musk photographed in Austin, Texas, on April 7, 2022. The electric vehicle firm has also made forays into battery storage. Suzanne Cordeiro | AFP | Getty Images Dogecoin, the cryptocurrency branded after a viral dog meme from 2013, is up 35% since Monday as Elon Musk’s deal to buy Twitter approaches a

An electric car being charged in Germany. The European Union is moving forward with plans to ramp up the number of EVs on its roads. Tomekbudujedomek | Moment | Getty Images The EU’s plans to phase out the sale of new diesel and gasoline cars and vans took a big step forward this week after

The iconic Old Faithful Geyser springs to life (every 90 minutes) in Yellowstone National Park’s Upper Geyser Basin on September 18, 2022, in Yellowstone National Park, Wyoming. Sitting atop an active volcanic caldera, Yellowstone, America’s first National Park, is home to more geological hydrothermal features (geysers, mud pots, hot springs, fumaroles) than are found in

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 Friday’s key moments. Looking for new names We made 2 trades Earnings recap 1. Looking for new names Stocks climbed Friday, with the Dow Jones Industrial Average up nearly 2%. And we’re looking

The latest data shows that the EU’s overall storage levels are at an average of nearly 94% full. Picture Alliance | Picture Alliance | Getty Images European gas prices may have dropped to levels not seen in more than four months, but this is far from being the end of the energy crisis, four industry

Shares of Club holding Pioneer Natural Resources (PXD) climbed in extended trading Thursday on the back of solid third-quarter results. The oil-and-gas producer also showed it’s making good on a promise to return excess cash to shareholders, checking the main box in our investment thesis for the company. Total revenue climbed by 36.5% year-on-year, to

Wind turbines photographed off the coast of Wales. Clean energy investment could be on course to exceed $2 trillion per year by 2030, according to the International Energy Agency. Ben Birchall | PA Images | Getty Images International Energy Agency Executive Director Fatih Birol told CNBC Thursday that the main driver of clean energy investment

Wells Fargo on Wednesday upgraded Halliburton (HAL) to the equivalent of a buy rating from hold, authoring a favorable investment case that closely aligns with the Club’s rationale for owning the oilfield services company. In addition to the bullish rating adjustment, analysts at Wells Fargo also raised their price target on Halliburton shares to $52

A boat photographed in Turkey. This year’s COP27 climate change summit will look to build on the work undertaken at COP26 in Glasgow. Temizyurek | E+ | Getty Images Countries are not doing enough to limit the planet’s temperature rise to 1.5 degrees Celsius by the end of this century, according to a new report

SEATTLE — Vinod Khosla, the founder of the Silicon Valley venture capital firm Khosla Ventures, says 2040 is the more important goalpost in combating climate change than 2030. Khosla, who is currently worth more than $5 billion according to Forbes, made the claim at the inaugural Breakthrough Energy Summit in Seattle last week. “If we

The future Site of the city Neom, a planned cross-border city, stands empty before development begins in the Tabuk Province of northwestern Saudi Arabia, December 18, 2019. Picture taken December 18, 2019. Lucas Jackson | Reuters DUBAI, United Arab Emirates — If you’ve been seeing mysterious Bladerunner-type ads popping up on your phone recently for Neom

In this article @NG.1 Follow your favorite stocksCREATE FREE ACCOUNT An LNG import terminal at the Rotterdam port in February 2022. Federico Gambarini | Picture Alliance | Getty Images The U.S. is exporting more LNG to Europe as a result of Russia’s war in Ukraine and cuts made to natural gas supplies ahead of winter,

The door to number 10 is seen beyond a rain-covered umbrella at Downing Street on October 20, 2022 in London, England. Leon Neal | Getty Images News | Getty Images LONDON — U.K. Prime Minister Liz Truss is reportedly locked in discussions with a key member of the Conservative Party who oversees leadership challenges, as

LONDON — U.K. Prime Minister Liz Truss resigned Thursday following a failed tax-cutting budget that rocked financial markets and which led to a revolt within her own Conservative Party. Truss was in office for just 44 days, making her the shortest-serving prime minister in British history. For 10 days of her premiership government business was

Police offers stand guard near demonstrators blocking the entrance to a Luma Energy facility at the Puerto Rico Electric Authority (Prepa) Palo Seco Power Plant in Toa Baja, Puerto Rico, on Friday June 4, 2021. Xavier Garcia | Bloomberg | Getty Images When Hurricane Fiona hit Puerto Rico in September, Felipe Pérez was ready. Pérez,

After years of anticipation, the cryptocurrency ethereum finally implemented a major network upgrade that completely changes how the blockchain verifies transactions, mints new coins and secures its network. Called proof-of-stake, this system has reduced ethereum’s energy consumption by more than 99%. Energy usage has been one of the cryptocurrency industry’s biggest targets for critique. But

BRUSSELS — The European Union on Friday moved one step closer to establishing a cap on gas prices after several months of discussions, with Germany now conceding that the idea “makes sense.” The EU has been battling against an unprecedented energy shock stemming from Russia’s invasion of Ukraine. However, action thus far to curb gas

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 Friday’s key moments. Stocks rally Earnings move Club names Sticking with DHR 1. Stocks rally Stocks rallied Friday on the back of a Wall Street Journal report suggesting the Federal Reserve could potentially

As Europe struggles with a power shortage, Asia-Pacific’s power supply remains secure mainly because the region still uses a lot of coal, data has shown. With liquified natural gas supplies in the region redirected to Europe, power generators in Asia not only have less access to LNG but have had to opt out of buying