The oil-and-gas industry could realize $50 billion in cost-savings from wider deployment of drones over the next 5 years, a new Barclays report finds.
Why it matters: It's the sector that could see the greatest cost reductions over that period, as a "convergence" of tech developments — 5G, remote computing and AI — enable wider drone use in many industries.
Swedish climate activist Greta Thunberg tweeted Monday that she can attend United Nations climate summits in the U.S. and Chile — after accepting a ride across the Atlantic in a high-speed racing yacht from the U.K.
The big picture: The 16-year-old previously told AP that she wanted to attend the summits in New York in September and Santiago in December, but she was struggling to figure out an environmentally friendly method of travel, as both planes and cruise ships have high emissions.
Thunberg intends to travel by train and bus to the annual UN climate conference in Chile with stops in countries including Canada and Mexic, per the Guardian. The BBC reports that Thunberg plans to stay in the Americas for 9 months and it's not known how she will return to Europe.
Federal approval for a large wind farm off the Massachusetts coast is being held up by "infighting" among agencies, Reuters reports.
Why it matters: The problems come as U.S. offshore wind, which has been very slow to get moving, finally appears poised to become a major industry as deep-pocketed developers plan large projects off several states.
Over the last nine months, calls to address climate change have become a powerful new social movement.
Driving the news: Climate change has traditionally not spawned intense, organized and continued protest. That’s been gradually changing, and since November with the rise of the Green New Deal, youth activism and civil resistance protests, the movement has hardened into a force to reckon with whether you love or hate it.
