Nationalism on natural resources is surging, and could spell danger for commodities
Countries rich in natural resources have become increasingly protectionist over the past year as Covid-19 threatened their economies, a new study has shown.
Countries rich in natural resources have become increasingly protectionist over the past year as Covid-19 threatened their economies, a new study has shown.
The world is facing a shortage of sand — and climate scientists say it constitutes one of the greatest sustainability challenges of the 21st century.
Occidental CEO Vicki Hollub says the recovery in crude oil demand is happening faster-than-expected, but she doesn't see a return to pre-Covid levels in the US.
Green hydrogen is both an untested and a potentially vital way for renewable-energy-powered grids to store their intermittent power for later use, not just for hours at a time, but for days, weeks or even seasons ahead. Most of the early-stage work on hydrogen’s grid storage potential is happening in Europe and Asia, but the
"Diversification is the main principle in managing risk, and storage is the ultimate diversifier. You can put battery storage at any level of the grid—customer, distribution, transmission, or generation sited—and you can use different technologies at different levels as well—thermal storage in buildings, flow batteries in distribution, pumped hydro on transmission, and liquid air storage
Xcel’s plan calls for adding around 5,600 MW of new renewable and energy storage capacity. The mix includes 1,600 MW of large-scale solar projects, 400 MW of battery storage, and 2,300 MW of wind power. Another 1,300 MW of distributed solar, such as community solar gardens, would also be added.
The private and public sectors must collaborate to combat climate change by investing in sustainable energy and technology, Biden climate czar John Kerry said.
Exxon CEO Darren Woods said Thursday on "Squawk Box" that the company's dividend payout, which is among the highest in the S&P 500, remains a priority.
Mike Henry, who leads one of the world's largest metals producers, talks with CNBC's David Faber about the economy, the Covid pandemic and climate change.
Abu Dhabi is about to make a major change to its oil pricing, but experts say other big Gulf producers might be slow to follow.