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WASHINGTON (AP) — The Biden administration is delaying consideration of new natural gas export terminals in the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine. A proposed LNG export terminal in Louisiana would produce about 20 times the greenhouse gas emissions of Willow, McKibben noted. “We need to have an even greater understanding of the (global energy) market need, the long-term supply and demand of energy resources and the environmental factors,'' she said. Symons called the gas project "bad for our nation, bad for our health and bad for our economy.'' "The true irony is this policy would hurt the climate and lead to increased (greenhouse gas) emissions, as it would force the world to pivot to coal'' instead of natural gas, Hynes said.

Persons: —, Biden, Joe Biden, “, MAGA, Donald Trump, Bill McKibben, it’s, McKibben, Jennifer Granholm, Granholm, Vladimir Putin, Mike Sommers, Sommers, ”, ‘ ’ Granholm, we’re, Jeremy Symons, Symons, Shaylyn Hynes, Hynes, Trump Organizations: WASHINGTON, Democratic, Energy Department, Industry, Russia, Energy, American Petroleum Institute, U.S . LNG, Environmental Protection Agency, Venture, LNG Locations: United States, Europe, Asia, Ukraine, Alaska, Paris, Louisiana, U.S, Calcasieu, Gulf, Cameron Parish, Virginia

☆ Venezuelans approve takeover of oil-rich region of Guyana in referendum
▼ + stars: | 2023-12-04 | by ( David Shortell | ) edition.cnn.com time to read: +4 min

CNN —Venezuelans voted by a wide margin Sunday to approve the takeover of an oil-rich region in neighboring Guyana – the latest escalation in a long-running territorial dispute between the two countries, fueled by the recent discovery of vast offshore energy resources. The area in question, the densely forested Essequibo region, amounts to about two-thirds of Guyana’s national territory and is roughly the size of Florida. Venezuela has long claimed the land, which it argues was within its borders during the Spanish colonial period. It dismisses an 1899 ruling by international arbitrators that set the current boundaries when Guyana was still a British colony, and Venezuelan President Nicolas Maduro has cast the referendum in anti-imperialist sentiment on social media. Still, the escalating rhetoric has prompted troop movements in the region and saber-rattling in both countries, drawing comparisons from Guyanese leaders to the Russian invasion of Ukraine.

Persons: Nicolas Maduro, Irfaan Ali, Robert Persaud, Maria Corina Machado, Maduro, ”, Phil Gunson Organizations: CNN, Guyana –, Venezuelan, Electoral Council, Guyanese, Court of Justice, International Crisis Locations: Guyana, Essequibo, Florida, Venezuelan, Venezuela, British, The Hague, Ukraine, Guyanese, Caracas

☆ Biden criticizes US companies for keeping raised prices high 'even as inflation has come down'
▼ + stars: | 2023-11-28 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

President Biden criticized companies that have failed to bring prices down even as inflation eases. The White House has blamed inflation on issues like supply chain disruptions and Russia's invasion of Ukraine. The president also said companies that are taking advantage of inflation to boost profits are "price gouging." The Commerce Department has developed new tools to assess risks to the supply chain and has partnered with the Energy Department on the supply of renewable energy resources. The supply chain group is co-chaired by Lael Brainard, the White House National Economic Council director, and Jake Sullivan, the White House national security adviser.

Persons: Biden, —, Joe Biden, we've, Democrat Biden, Lael Brainard, Jake Sullivan Organizations: Service, Monday, Democrat, Human Services Department, Cabinet, The Commerce Department, Energy Department, Shipping, Transportation Department, White, National Economic Council, White House, White House Council, Economic Advisers, National Intelligence, Management, Science, Technology Locations: Ukraine, United States, U.S

The clean energy package, which was approved by Democrats in the Michigan Legislature this month, has been lauded by environmental groups. Of the 12% produced through renewable sources last year, most came from winds that sweep across the Great Lakes. Under the package, clean energy includes renewable sources along with nuclear energy and natural gas. Meeting the 50% renewable energy goal by 2030, and 60% five years later, will require a massive buildout of utility-scale renewable energy resources in Michigan. Public reaction to the Democrats’ ambitious energy plan could have wide-reaching implications for the party in 2024.

Persons: Gretchen Whitmer, Lisa Wozniak, Michigan’s, Wozniak, Dan Scripps, Joe Biden Organizations: Gov, Biden, Michigan League of Conservation Voters, Michigan, Michigan Public Service Commission, Scripps, Public Service Commission, Michigan Association of Counties, Association, Democrats, White House, Michigan Democrats, Rhode, Clean Energy States Alliance Locations: LANSING, Mich, Michigan, “ Michigan, Great, Wisconsin, Pennsylvania, Connecticut , New York , Oregon, Minnesota

WASHINGTON (AP) — President Joe Biden on Monday will convene the first meeting of his supply chain resilience council, using the event to announce 30 actions to improve access to medicine and needed economic data and other programs tied to the production and shipment of goods. “We’re determined to keep working to bring down prices for American consumers and ensure the resilience of our supply chains for the future,” said Lael Brainard, director of the White House National Economic Council and a co-chair of the new supply chain council. The announcement comes after supply chain problems fueled higher inflation as the United States recovered from the coronavirus pandemic in 2021. The Commerce Department has developed new tools to assess risks to the supply chain and has partnered with the Energy Department on the supply of renewable energy resources. Political Cartoons View All 1265 ImagesBesides Brainard, the council will be co-chaired by Jake Sullivan, the White House national security adviser.

Persons: Joe Biden, “ We’re, ”, Lael Brainard, Biden, Brainard, Jake Sullivan Organizations: WASHINGTON, White, National Economic Council, Democrat, Human Services Department, Cabinet, The Commerce Department, Energy Department, Shipping, Transportation Department, White House, White House Council, Economic Advisers, National Intelligence, Management, Science, Technology Locations: United States, U.S

People who claimed the power to control nature and the energy resources around them saw the environment as a tool to be used for progress, historians say. Over hundreds of years, that impulse has remade the planet's climate, too — and brought its inhabitants to the brink of catastrophe. Tapping nature for its resources drove progress and productivity for some, but it's also been a major driver of emissions and environmental degradation. By the mid-19th century, steam power was adopted in manufacturing, cotton mills, steam ships and locomotives around the world, turning coal into a global trade. Centuries later, the United Kingdom has nearly weaned itself off coal, with weeks or months at a stretch where the national grid gets no coal power.

Persons: ”, Luis Zambrano, it's, Anya Zilberstein, ” Zilberstein, Vera S, Candiani, Jan Golinski, “, ” Golinski, Deborah Coen, Andreas Malm, Barak, it’s, J.R, McNeill, ” McNeill, Victor Seow, Elizabeth Chatterjee, “ Indira Gandhi, Chatterjee, Joshua Howe, Howe, Yale's Coen, —, ” Howe, Fredrik Albritton Jonsson, Jonsson Organizations: National University Autónoma, Concordia University, Mexico City —, America, Princeton, University of New, Yale, Lund University, Tel Aviv University, Laboratory, Global, Project, Energy, Georgetown University, Communist, University of Chicago, Reed College, . Environmental Protection Agency, U.S, AP Locations: Nations, Mexico, Lake Texcoco, Montreal, Spanish, University of New Hampshire, Maui, Britain, Sweden, ”, India, Egypt, Nigeria, Ottoman Empire, United Kingdom, Cumbria, England, Wales, Scotland, China, Japan, U.S, Europe, United States, British, Portland , Oregon

☆ Biden will convene his new supply chain council and announce 30 steps to strengthen U.S. logistics
▼ + stars: | 2023-11-27 | by ( ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden listens during a meeting with his administration's Supply Chain Disruptions Task Force and private sector CEOs in the South Court Auditorium of the White House December 22, 2021 in Washington, DC. "We're determined to keep working to bring down prices for American consumers and ensure the resilience of our supply chains for the future," said Lael Brainard, director of the White House National Economic Council and a co-chair of the new supply chain council. The announcement comes after supply chain problems fueled higher inflation as the United States recovered from the coronavirus pandemic in 2021. The Commerce Department has developed new tools to assess risks to the supply chain and has partnered with the Energy Department on the supply of renewable energy resources. Besides Brainard, the council will be co-chaired by Jake Sullivan, the White House national security adviser.

Persons: Joe Biden, We're, Lael Brainard, Biden, Brainard, Jake Sullivan Organizations: Force, White, National Economic Council, Democrat, Human Services Department, Cabinet, The Commerce Department, Energy Department, Shipping, Transportation Department, White House, White House Council, Economic Advisers, National Intelligence, Management, Science, Technology Locations: Washington , DC, United States, U.S

☆ COP28: Sultan Al Jaber, UAE’s oil chief, is proving popular in the developing world, despite criticisms from the West
▼ + stars: | 2023-11-24 | by ( Elizabeth Wells | ) edition.cnn.com time to read: +8 min

But long-promised finance from rich countries to help it make a green transition simply hasn’t arrived, President Wavel Ramkalawan told CNN in May. But Al Jaber’s decision to focus on increasing finance to help developing countries shift to renewable energy is helping his popularity in the Global South. A 2022 UN-backed report calculated developing countries will need about $2 trillion a year by 2030. “We have seen the West only being extractive and very opportunistic, and actually kept developing countries dependent on fossil fuels,” he said. “It needs to buy more time to diversify its economy further and wants to capitalize on its energy resources for as long as possible,” Vakil told CNN.

Persons: hasn’t, Wavel Ramkalawan, “ We’re, ” Ramkalawan, “, Al Jaber, Al Jaber’s, COP28, ” Al Jaber, Sultan Al Jaber, Abu, Christopher Pike, ADNOC, William Ruto, Masdar, Al Jaber —, ” Ruto, Simone Boccaccio, it’s, Harjeet Singh, Sanim Vakil, ” Vakil, ” Organizations: CNN, UN, Dubai, Abu, Abu Dhabi National Oil Company, US, COP28, Abu Dhabi International Petroleum Exhibition, Bloomberg, Kenyan, UAE, Climate, North Africa, Chatham House Locations: Seychelles, Canadian, Africa, Abu Dhabi, Dubai, UAE, Kenya, Egypt, Turkana, UN

☆ Where are they now: The many fascinating Bridgewater employees from the book on Ray Dalio 'The Fund'
▼ + stars: | 2023-11-16 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +17 min

The new book, "The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend" — which Dalio and his lawyers have pushed back against — describes everything from Bridgewater's investment process to internal grudges and backstabbing to allegations of sexual harassment. Here are the places where the dozens of Bridgewater employees and consultants named in the book ended up. Dalio, the book said, wrote into the firm's bylaws that he could never hold that title again. Before that, she was the head of investment research and a co-chief investment officer for sustainability. He's worked at different funds since leaving in 2006, including Larch Lane Advisors and Bonaccord Capital as an investor and business-development professional.

Persons: Rob Copeland's, Ray Dalio, Dalio, —, Bridgewater, Greg Jensen, YouTube Dalio, nixed, Copeland, He's, Jensen, Eileen Murray, Morgan Stanley, David McCormick, Dina Powell, McCormick, Dave McCormick, Michael M, Nir Bar Dea, Stefanova, Dalio's, Paul McDowell, Bob Eichinger, McDowell, Eichinger, Jen Healy, Osman Nalbantoglu, Matthew Granade, Steve Cohen, Steve Cohen's Point72, Bob Prince, politicking, Karen Karniol, Bridgewater Associates Karen Karniol, Vladimir Putin, Bob Elliott, Elliott, James Comey, Winn McNamee, Barack Obama, Donald Trump, Hillary, Britt Harris, Bridgewater's, Julian Mack, L, Michael Partington, Spencer Stuart, Niko Canner, Jon Rubinstein, Beck Diefenbach Jon Rubinstein, Steve Jobs, Tom Adams, Rosetta Stone, J, Michael Cline, Cline, Kevin Campbell, Campbell, Craig Mundie, Bill Gates, Gates, Mundie, Bill Clinton, George W, Bush, David Ferrucci, IBM's Watson, Ferrucci, Keith Alexander, Alexander, Larry Culp, Culp, Jamie Gorelick, conscientiously, Clinton, Jared Kushner, Jesse Horwitz, Comey, Horwitz, Samantha Holland, Perry Poulos, Murray, Joe Sweet, Tara Arnold, Arnold —, Leah Guggenheimer, She's, Charles Korchinski, Harris, Kent Kuran Organizations: New York Times, Bridgewater Associates, Business, Bridgewater, YouTube, HSBC, Broadridge, Life Insurance, Wells, Treasury Department, Republican, Getty, GOP, Israel Defense Forces, Marto, Princeton University, McKinsey, Point72, Bridgewater didn't, Domino Data, CircleUp, FBI, Trump, of, University of Texas Investment Management Co, Apple, Dalio, Health, Cognition, Mundie, National Security Agency, Amazon, General Electric, Boston Globe, Electric, Trump White House, Harvard Law School, —, Hubble, Stefanova's Marto, HBR Consulting, MIO Partners, Burford, Larch Lane Advisors, Bonaccord, Eaton Partners, Stanford, NextEra Energy Resources Locations: Bridgewater, Connecticut, Pennsylvania, China, San Francisco, of Texas, Atlanta, WilmerHale, Asia, India, Shanghai, Singapore, Israel, Africa

☆ Gaza Hospitals Suffer Shortages of Essential Supplies Amid Fighting
▼ + stars: | 2023-11-13 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Gaza Hospitals Suffer Shortages of Essential Supplies Amid FightingMedical facilities in Gaza reported shortages of supplies, fuel and electricity. “Kids, infants and newborns in the ICU are facing death due to lack of energy resources,” a doctor in Gaza said. Photo: Rizek Abdeljawad/Zuma Press

Persons: Rizek Abdeljawad Organizations: Zuma Locations: Gaza

☆ Ukraine has enough energy resources to get through winter - energy minister
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +1 min

Radio Free Europe/Radio Liberty/Serhii Nuzhnenko via REUTERS/File Photo Acquire Licensing RightsNov 12 (Reuters) - Ukraine will have enough energy resources to get through the coming winter, but an expected surge in Russian attacks may disrupt the supply networks, Ukraine's Energy Minister German Galushchenko said late on Saturday. "We have enough energy resources, in this regard we feel at peace," Galushchenko told Ukraine's public television. Last winter, thousands of Russian drones and missiles hit power infrastructure, causing sweeping blackouts. Galushchenko said Ukraine expects Russia to restart mass drone and missile attacks on energy infrastructure once temperatures fall and stay below zero degrees Celsius (32F). So far this autumn, Ukraine has enjoyed unseasonably warm weather, but temperatures are expected to drop below zero degrees Celsius in Kyiv and other places in the coming week.

Persons: Nuzhnenko, German Galushchenko, Galushchenko, Lidia Kelly, Miral Organizations: Radio Free, Radio Liberty, REUTERS, Ukraine's Energy, German, Kyiv, Thomson Locations: Avdiivka, Ukraine, Donetsk region, Radio Free Europe, Russia, Moscow, Kyiv, Melbourne

☆ Zelenskiy tells Ukrainians to prepare for Russian winter onslaught
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +4 min

A military spokesman said Russian attacks on the shattered eastern town of Avdiivka had eased in the past day, but were likely to intensify in the coming days. Zelenskiy issued his warning during his nightly video address a day after Russian forces carried out their first missile attack on the capital, Kyiv in some seven weeks. In his remarks, Zelenskiy hailed the "heroic" efforts of troops defending Avdiivka, under pressure from attempted Russian advances since mid-October. Russian accounts of the fighting on Sunday said its forces had repelled five Ukrainian attacks near Bakhmut. Ukraine's military has been increasingly active in attacking Russian-held areas, but does not always acknowledge the strikes.

Persons: Volodymyr Zelenskiy, Zelenskiy, German Galushchenko, Oleksandr Shtupun, Shtupun, General Oleksandr Syrskyi, Ron Popeski, Maria Starkova, Grant McCool Organizations: Presidential Press Service, Energy, German, Avdiivka, Russian, Sunday, Reuters, Russia's National Guard, Thomson Locations: Ochakiv, Ukraine, Mykolaiv region, Avdiivka, Russian, Melitopol, Kyiv, Russia, Donetsk, Bakhmut

REUTERS/Catarina Demony/File Photo Acquire Licensing RightsLISBON, Nov 8 (Reuters) - Portuguese anti-mining groups have urged the government to suspend and review all lithium projects while authorities investigate alleged corruption in the handling of "green" energy deals that have led to the resignation of the prime minister. Antonio Costa resigned on Tuesday, hours after prosecutors detained five people, including his chief of staff, and named two formal suspects close to him in an investigation into lithium mining and hydrogen projects. With more than 60,000 metric tons of known lithium reserves, Portugal is Europe's biggest lithium producer, but its miners sell almost exclusively to the ceramics industry. "Lithium mining projects in Portugal must be immediately cancelled to not allow territories and populations to be affected based on corrupt and unclear processes," the groups said. In 2019, Portugal's government came under fire from lawmakers for signing a contract giving exploration rights for lithium mining to Lusorecursos when the company was only three days old.

Persons: Catarina Demony, Antonio Costa, Lusorecursos, Savannah, Nuno Lacasta, Joao Galamba, UDCB, Aislinn Laing, Nick Macfie Organizations: REUTERS, Rights, Justice, Environment, APA, Savannah Resources, Infrastructure, Thomson Locations: Covas do Barroso, Portugal, Rights LISBON, Portuguese, Europe, China, London, Savannah, Barroso

In total, the cancellations equate to nearly one-fifth of President Joe Biden’s goal of 30 gigawatts of offshore wind power by 2030. Despite the setbacks, offshore wind continues to move forward, the White House said, citing recent investments by New York state and approval by the Interior Department of the nation’s largest planned offshore wind farm in Virginia. Hardy spoke at the American Clean Power industry group’s offshore wind conference in Boston last month on a panel with Morris. Phil Murphy, has established increasingly stringent clean energy goals, moving from 100% clean energy by 2050 to 100% by 2035. “Offshore wind is a lot bigger than Ørsted.”The first U.S. commercial-scale offshore wind farms are currently under construction: Vineyard Wind off Massachusetts and South Fork Wind off Rhode Island and New York.

Persons: jeopardizing, Ørsted, Joe Biden’s, Biden, Timothy Fox, “, Molly Morris, David Hardy, Hardy, Morris, “ We’re, ”, Walt Musial, Musial, Conor Bambrick, Phil Murphy, Murphy, Catherine Klinger, Catherine Bowes, ″ Bowes, Michael Brown, ” ___ McDermott Organizations: WASHINGTON, Biden, Interior Department, Interior’s Bureau of Ocean Energy Management, Industry, ClearView Energy Partners, Ørsted, American Clean, National Renewable Energy Laboratory, Energy Department, P, Environmental, ., Democratic Gov, New, U.S, Offshore, Ocean, ___, AP Locations: New Jersey, U.S, Danish, New England, Massachusetts, Connecticut, New York, Virginia, Interior’s, Gulf of Mexico, East Coast, Washington, Norwegian, Jersey, United States, Boston, Europe, Virginia Beach, Rhode Island, . New Jersey, Rhode, North America, Providence , Rhode Island, Hill, Albany , New York, Catalini, Trenton , New Jersey

Murphy said Orsted was facing the same supply chain, inflation and other challenges that competitors in the offshore wind industry face. The decision was the latest in a series of setbacks for the offshore wind industry in the northeast. A handful of other offshore wind projects have been canceled. And New Jersey still has several other offshore wind projects in various stages of development, with four new proposals submitted in August alone. The White House in statement Tuesday night noted that in just the past week several investments in offshore wind had been made.

Persons: Orsted, Biden, Mads Nipper, ” Nipper, Phil Murphy, Murphy, “, ”, Republicans —, Jeff Tittel, ” Michael Kikukawa, White, Wayne Parry Organizations: CITY, New, New Jersey Gov, Democratic, Republicans, Sierra Club, Dominion Energy, Dominion, Shell, EDF Renewables Locations: N.J, Danish, New Jersey, United States, Connecticut, Rhode Island, East, New York, Massachusetts, Spanish, Virginia, Virginia Beach, U.S, Atlantic Shores, EDF Renewables North America, www.twitter.com

Speaking at an online briefing ahead of next week's U.S.-Japan Energy Security Dialogue, Pyatt also said the United States and its partners in the Group of 7 were committed to denying Russia any energy revenues. "It's very clear to me that Russia is never again going to be viewed as a reliable energy supplier," Pyatt told reporters. "In the case of our G7 partners in particular, we are also committed to work jointly to deny Russia future energy revenues, and target in particular investments and projects growing Russia's future energy revenue," he added. Russia has played down the impact of Western sanctions, saying they are used by the United States to eliminate Moscow as a competitor in global energy supplies. In September, the United States issued fresh sanctions related to Russia's Novatek-led (NVTK.MM) Arctic LNG 2 project in which two Japanese energy firms - Mitsui (8031.T) and JOGMEC - are shareholders.

Persons: Alexey Malgavko, Energy Resources Geoffrey Pyatt, Pyatt, Yuka Obayashi, Miral Organizations: REUTERS, Rights, Energy Resources, Russia, Japan Energy Security, United, Mitsui, JOGMEC, Thomson Locations: Siberian, Omsk, Russia, Washington, Moscow, Ukraine, U.S, United States, Japan

☆ European shares slide as firmer yields, China woes weigh
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +1 min

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 25, 2023. REUTERS/Staff/file photo Acquire Licensing RightsSummaryCompanies STOXX 600 down 0.7%Sept 26 (Reuters) - European shares extended losses on Tuesday as elevated bond yields pressured the rate-sensitive technology sector, while weakness in China-exposed stocks persisted on slowdown jitters in the world's second-largest economy. The pan-European STOXX 600 (.STOXX) shed 0.7% by 0710 GMT, as the benchmark 10-year Bund yield hit its highest level since 2011. Technology stocks (.SX8P), whose valuations come under pressure as yields rise, slid nearly 2% to lead sectoral losses. China-exposed luxury stocks such as LVMH (LVMH.PA) and Richemont (CFR.S) weakened 1.5% and 2.5%, respectively, amid lingering concerns over the crisis-hit Chinese property sector.

Persons: Bansari Mayur, Sherry Jacob, Phillips Organizations: REUTERS, Staff, Technology, Rio Tinto, Energy Resources of Australia, Thomson Locations: Frankfurt, Germany, China, Northern Territory, Bengaluru

☆ Biden’s offshore wind target slipping out of reach as projects struggle
▼ + stars: | 2023-09-15 | by ( Nichola Groom | ) www.reuters.com time to read: +7 min

The 2030 target, unveiled shortly after Biden took office, is central to Biden's broader plan to decarbonize the U.S. economy by 2050. The energy research firm expects 21 GW of offshore wind along U.S. shores in 2030, breaking 30 GW by 2032. Still, offshore wind developers including Orsted have said the IRA’s subsidies are insufficient for projects to thrive in the current environment, and are lobbying the administration for additional concessions. The nation currently has just two pilot-scale offshore wind farms capable of producing 42 megawatts of electricity. Stephanie McClellan, executive director of the offshore wind advocacy group Turn Forward, said making sure the first fleet of projects succeeds was more important than a particular timeline.

Persons: Brian Snyder, Joe Biden’s, Biden, Kris Ohleth, It's, Samantha Woodworth, Wood Mackenzie, Michael Brown, France's, it's, Kelly Penot, Rousseau, Orsted, Michael Kikukawa, Samah Shaiq, Shaiq, Doreen Harris, NYSERDA, Elizabeth Mahony, Stephanie McClellan, Nichola Groom, David Gregorio Our Organizations: REUTERS, BP, Shell, Companies, Developers, Ocean Winds, Reuters, Biden, U.S . Department of Energy, DOE, New York State Energy Research, Development Authority, New York State Department of Public Service, Equinor, Orsted . Massachusetts Department of Energy, Office of Energy, Environmental Affairs, New, New Jersey Board of Public Utilities, Thomson Locations: Rhode, U.S, North American, Massachusetts, Gulf of Mexico, Europe, Asia, China, United Kingdom, New Jersey, New York, Orsted .

☆ Global climate protests demand world leaders phase out fossil fuels
▼ + stars: | 2023-09-15 | by ( Kate Abnett | ) www.reuters.com time to read: +4 min

Organizers of the protests expect global turnout over the weekend to total more than a million people. "This is directed at world leaders," said Mitzi Jonelle Tan, a climate activist with youth movement Fridays for Future in Manila, the Philippines. We need a just transition, and we need to phase out the fossil fuels causing the destruction of our environment," she told Reuters. The burning of fossil fuels is the main cause of climate change, but countries have never agreed in U.N. climate talks to phase out fossil fuels - though they have committed to phase down use of coal power. Despite having plentiful solar energy resources, Africa received only 2% of global investments in renewable energy over the last two decades, the International Renewable Energy Agency has said.

Persons: Greta Thunberg, Mitzi Jonelle Tan, Eric Njuguna, U.N, General Antonio Guterres, Kate Abnett, Katy Daigle, Aurora Ellis Organizations: United States, Organizers, Reuters, Governments, International Renewable Energy Agency, General Assembly, Thomson Locations: COP28, BRUSSELS, Pakistan, Nigeria, United, Swedish, Manila, Philippines, Nairobi, Kenya, U.N, Africa, New York

☆ Column: TransWest line to recast Wyoming from coal villain to energy hero
▼ + stars: | 2023-09-12 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +4 min

LITTLETON, Colorado, Sept 11 (Reuters) - A 728-mile (1,172-km) transmission line connecting wind farms in rural Wyoming to power consumers in California and Nevada looks set to reshape Wyoming's reputation from coal stalwart to energy transition lynchpin. Wyoming is by far the largest coal producing state in the United States, accounting for more than 40% of total U.S. coal output in 2021, according to the U.S. Energy Information Administration (EIA). Reuters Image Acquire Licensing RightsAs a result, Wyoming has the potential to generate large amounts of wind power that can be exported to more populous areas which lack their own clean energy supplies. RECORD DRIVERThe main engine behind the clean energy that will flow through the TransWest line will be the Chokecherry and Sierra Madre wind energy project, which when completed will be the largest wind farm in the United States. But if the TransWest line can deliver on its promise of efficiently channelling surplus clean power to distant, needy consumers, there is a good chance more such projects will gain the necessary backing.

Persons: Gavin Maguire, Tom Hogue Organizations: U.S . Energy Information Administration, U.S, Reuters, TransWest, U.S . Department of Energy, TransWest Express, Thomson Locations: LITTLETON , Colorado, Wyoming, California, Nevada, . Wyoming, United States, Texas, U.S, California , Arizona, Sierra Madre

☆ Africa’s Vast Solar and Mineral Resources at Risk of Being Left Untapped, IEA Warns
▼ + stars: | 2023-09-06 | by ( Will Horner | ) www.wsj.com time to read: +6 min

Energy investment in Africa needs to more than double by the end of the decade if the continent is to meet its energy and climate goals. “Energy investment on our continent has fallen short,” wrote William Ruto, president of Kenya, in the report’s foreword. Photo: Lucien Kahozi/Bloomberg NewsAll of these are pushing up the cost of capital which makes many African energy projects financially unviable despite ample local resources and proven technologies such as wind or solar power, the report said. PREVIEWCurrently, 600 million people across Africa lack access to electricity and almost one billion have no access to clean cooking fuels. African nations are seeking redress for the effects of climate change they experience despite contributing little to carbon emissions, the main driver of global warming.

Persons: ”, Fatih Birol, simon maina, William Ruto, Lucien Kahozi, Will Horner, william.horner@wsj.com Organizations: International Energy Agency, African Development Bank, IEA, Agence France, West, “ Energy, Democratic, Bloomberg, Sustainable Business, Africa Climate Locations: Africa, Paris, ” Africa, China, Kenya, Democratic Republic of Congo, Ukraine, Nairobi

BUCHAREST, Romania (AP) — A two-day summit in Romania began on Wednesday that brings together 12 European Union member states situated between the Baltic, Black and Adriatic Seas, as the grouping of mostly formerly communist countries aim to boost ties and connectivity amid Russia’s war in Ukraine. The Three Seas Initiative, which is being held in the capital, Bucharest, brings together high-ranking officials from EU countries as well as representatives from partner countries and aims to improve interconnectivity in the transportation, energy, and the digital fields. Romanian Foreign Minister Luminita Odobescu tweeted Wednesday that she had “excellent discussions” with the U.S. assistant secretary of state for energy resources, Geoffrey Pyatt, about joint projects that aim to bolster regional energy security. On the sidelines of the event, Moldovan President Maia Sandu met Wednesday with Romanian Prime Minister Marcel Ciolacu. ___Stephen McGrath reported from Sighisoara, Romania.

Persons: Klaus Iohannis, isn’t, Luminita Odobescu, Geoffrey Pyatt, Odobescu, Iohannis, Maia Sandu, Marcel Ciolacu, Sandu, “, John Kerry, ___ Stephen McGrath Organizations: Union, Seas Initiative, U.S, EU, Romanian Locations: BUCHAREST, Romania, Black, Adriatic, Ukraine, Bucharest, Bulgaria, Hungary, Poland, Slovakia, Slovenia, Austria, Estonia, Croatia, Czech Republic, Latvia, Lithuania, Romanian, Moldova, Greece, Moldovan, Sighisoara

☆ Opinion | When Great Power Conflict and Climate Action Collide
▼ + stars: | 2023-08-22 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +1 min

It also processes the bulk of the so-called critical minerals, like lithium, cobalt and graphite, that are essential to building out clean energy technologies. There is no clean energy revolution without China. What would happen if China decided to weaponize its clean energy resources in the same way Russia recently weaponized its oil and gas? Is it possible for the U.S. to end its energy dependency on China by investing in clean energy at home? Bordoff is the founding director of the Center on Global Energy Policy at Columbia University and a former senior director for energy and climate change for the National Security Council under Barack Obama.

Persons: “, Ezra Klein, Jason Bordoff, Meghan O’Sullivan, Barack Obama, O’Sullivan, George W, Bush Organizations: Apple, Spotify, Amazon Music, Google, Center, Global Energy, Columbia University, National Security, Belfer Center for Science, International Affairs, Harvard Kennedy School Locations: China, Russia

☆ Stellantis invests more than $100 million in California lithium project
▼ + stars: | 2023-08-17 | by ( Ernest Scheyder | Thomson Reuters | Ernest Scheyder Is An Award-Winning Senior Correspondent Covering The Green Energy Transition | ) www.reuters.com time to read: +3 min

"This is a significant investment and goes a long way toward developing this key project," Controlled Thermal CEO Rod Colwell said in an interview. Colwell said a $65 million facility recently installed by Controlled Thermal can remove that silica and other unwanted metals. Controlled Thermal aims to obtain final permits by October and start construction of a commercial lithium plant soon thereafter, Colwell said. Controlled Thermal had separately agreed to supply lithium to General Motors (GM.N) by 2024, but that goal has been pushed to 2025, Colwell said. GM said it has a "close working relationship" with Controlled Thermal but deferred comment on technical questions to its junior partner.

Persons: Gonzalo Fuentes, Stellantis, Rod Colwell, Berkshire Hathaway, Colwell, There's, Carlos Tavares, Goldman Sachs, Ernest Scheyder, Jamie Freed Organizations: REUTERS, Resources, Chrysler, Berkshire, Koch Industries, General Motors, GM, Vulcan Energy Resources, Thomson Locations: Velizy, Villacoublay, Paris, France

Many opponents of renewable energy, she added, “are worried about the impacts to their very way of life.”Roadside opposition to renewable energy projects near Baldwin City, Kan. “We see offshore wind as a critical technology,” said Dan Burgess, the director of the Maine Governor’s Energy Office. Across the country, clean energy projects of all types are tied up in lengthy permitting processes. By then, India had not completed any offshore wind projects. Since 2000, the United States has barely built any major transmission lines that connect different regions of the country.

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