Any hope the Liberal Party had that their signature climate policy would cease to be an albatross has been dashed, as allies of the carbon price drop like flies and opponents ramp up attacks. For Liberal strategists, there’s little room left to manoeuvre.
Meta strikes deal for first major use of next-gen geothermal power east of the Rockies
Meta, the parent company of Facebook and Instagram, will by 2027 power data centers using geothermal energy storage, according to a power purchase deal announced Monday.
European power markets are experiencing a notable shift as renewable energy sources, particularly wind and solar, become a larger part of the energy mix. On Wednesday, power prices in several European markets, including Germany, dipped below zero due to a surge in green electricity production.
From January through July of this year, wind and solar in the U.S. generated more net electricity than power from coal, according to recent data from the U.S. Energy Information Administration (EIA).
According to the EIA’s Monthly Energy Review for July 2024, electricity net generation from renewable energy outpaced coal for the first seven months of the year so far, a first for the U.S.
Mining the ocean floor for critical minerals was already controversial, but a new groundbreaking scientific study has thrown the industry into chaos as countries negotiate its future.
At a meeting of the United Nations’ International Seabed Authority (ISA) in Jamaica, running from July 15 to Aug 2, countries are negotiating rules to govern deep sea mining. The regulations have been under development for years, but the clock has been running out on an agreement.
