The World Is Choking on Plastic Pollution. Can Countries Find a Fix?
      In March 2022, the world decided it was time to address the growing scourge of plastic pollution. About
      2023-11-13 20:23
    
    Banks Put Forward for Exclusion From EU’s Toughest ESG Rules Yet
      Financial firms may be excluded from Europe’s most consequential ESG regulation, as the industry looks set to win
      2023-11-13 19:58
    
    Google-parent Alphabet dissolves stake in trading app Robinhood
      (Reuters) -Google-parent Alphabet said on Monday it had dissolved its stake in trading app operator Robinhood Markets. The disclosure comes
      2023-11-13 19:57
    
    Breakthrough solar system outperforms military-grade diesel generator
      Solar panels combined with next-generation batteries now outperform military-grade diesel generators, according to new analysis. Researchers at the US Department of Energy’s National Renewable Energy Laboratory (NREL) found that the novel clean energy solution was both cheaper and more reliable than its fossil fuel-powered counterpart. Tests of the two systems were carried out in accordance with the US Department of Defense’s requirements to sustain critical electric loads during a power outage over a 14-day period. The solar systems proved to have a higher resilience and lower cost compared to the diesel-based systems that are currently used, while also being less vulnerable to interruptions in the diesel supply. The researchers also highlighted the net present value (NPV) of the solar storage system, meaning it pays for itself in the long term. “The diesel-fuel-free LDES system outperforms the traditional diesel-based system and provides a large net saving that can be used to pursue third-party financing,” the researchers noted. “The continued rapid decline in photovoltaic (PV) costs allows for utility-scale PV to be economically attractive at many locations. These declines are expected to continue, which will further increase the positive NPV in the future.” The tests were performed on three separate military bases, using an innovative carbon-based battery rather than the more expensive lithium-ion batteries that are typically found in such renewable energy storage systems. The batteries tested in the experiments were Antora Energy’s battery energy storage system (BESS), which the researchers warned were not yet ready for full-scale deployment. The results of the study, however, mean decision makers are already anticipating their roll out. Michael McGhee, the Acting Deputy Assistant Secretary of Defense, described the new system as “the most likely way to easily and simply generate power without the need for off-base supply chains”. The results of the research were published in a study, titled ‘Long-duration energy storage: resiliency for military installations’. Read More Solar panel advances will see millions go off grid, scientists predict
      2023-11-13 19:49
    
    Bill Gates-Backed Startup to Use Old Wood to Remove Carbon From the Air
      A startup backed and incubated by Bill Gates’ Breakthrough Energy Ventures has engineered a hybrid technology that combines
      2023-11-13 19:15
    
    US, Indonesia to Explore Mineral Pact as Biden and Jokowi Meet
      The US and Indonesia are discussing the potential for cooperation on critical-mineral supplies, senior officials said ahead of
      2023-11-13 18:22
    
    UK petrol station group EG to buy Tesla charging units
      LONDON (Reuters) -British petrol station operator EG Group will buy Tesla's ultra-fast charging units to help roll out its electric
      2023-11-13 15:58
    
    Singtel-owned Optus says massive Australia outage was after software upgrade
      SYDNEY Australian telecoms provider Optus said on Monday that a massive outage which effectively cut off 40% of
      2023-11-13 14:47
    
    New Plastics ‘Offsets’ Point to Next Frontier in Controversial Green Claims
      Some of the world’s biggest consumer companies are boasting a new environmental claim: net zero plastics, or “plastic
      2023-11-13 14:45
    
    Payments app Zelle begins refunds for imposter scams after Washington pressure
      By Hannah Lang Banks on the payment app Zelle have begun refunding victims of imposter scams to address
      2023-11-13 14:20
    
    China's Didi swings to third-quarter profit, to buy-back $1 billion worth of shares
      China's biggest ride-hailing company Didi Global on Monday reported a third-quarter profit as domestic demand for mobility services
      2023-11-13 13:25
    
    China Tightens Grip on Copper, Key to World’s Energy Transition
      China is in the midst of a breakneck expansion of its copper industry that’s reshaping global flows of
      2023-11-13 13:21
    