Microsoft has signed a power purchase agreement with nuclear fusion energy startup Helion for at least 50 megawatts of electricity beginning in 2028, the companies announced Wednesday.
Why it matters: The agreement is being billed as the world’s first such deal for a fusion firm. It comes as money and interest pours into the much heralded, yet-to-be-realized clean energy source.
Air pollution from U.S. oil and natural gas production causes roughly $77 billion in health impacts nationwide every year, while also contributing to thousands of early deaths and health flare-ups, a new study finds.
Why it matters: It puts a price tag on one of the human costs of domestic oil and gas activity.
Data: International Energy Agency; Chart: Axios Visuals
With the formal end of World Health Organization and U.S. COVID emergency designations, let's revisit how the tragedy changed — and didn't change — global energy.
The big picture: Back in 2020, some analystspredicted global oil demand might never fully come back from COVID destruction, or would peak earlier than once believed.
But see above — the world's consumption has proven resilient (though U.S. gasoline use may never come all the way back).