Climate change experts say they're necessary to combat the problem.Dec 14, 2020 - Energy & Environment
Renewable energy has grown a lot, but union jobs have not.Jul 20, 2020 - Energy & Environment
Renewable energy helps combat climate change, but the jobs potential is less clear.Feb 5, 2020 - Energy & Environment
European oil and gas majors are leading the way.Oct 30, 2019 - Energy & Environment
This week brought new signs of multinational oil majors' deepening push into offshore wind.
Driving the news: France's Total is teaming up with Spain-based global power giant Iberdrola to develop what they say will be one of the world's largest offshore wind farms off Denmark's coast.
Venture capital investment into technologies aimed at combating climate change reached a record high in 2020, according to PitchBook, a private-market data firm.
Why it matters: Clean-energy technologies must increase substantially to drastically reduce greenhouse gas emissions over the next 30 years. It’s also notable that the pandemic didn’t dampen the trend.
There's a certain symmetry to a pair of energy sector developments Wednesday: Solar stocks jumped on a day that also brought hard evidence the oil industry has little interest in trying to drill in Alaska's Arctic National Wildlife Refuge.
The big picture: Solar and oil aren't really direct competitors, but both will be affected by the incoming Biden administration's policies and the speed of the global transition toward lower-carbon sources.
A new working paper from UC Berkeley business professor Lucas Davis charts the share of U.S. homes that use electricity as their main heating source.
By the numbers: It went from 1% in 1950 to almost 40% by 2018. The paper, using Census data, maps it through the decades (two snapshots are above).
Historically, America has emitted the most greenhouse gases of any country in the world. But over the next 80 years, the U.S. may account for as little as 5% of such emissions.
Why it matters: Installing technologies to address climate change will, therefore, be most critical in places other than America where emissions’ growth is expected to be higher, according to physicist Varun Sivaram.
President-elect Joe Biden will tap Gina McCarthy, who led the Environmental Protection Agency under former President Obama, as White House climate czar, according to a person familiar with the news and multiple reports.
Driving the news: McCarthy will manage domestic climate policy alongside her deputy, Ali Zaidi, New York's current deputy secretary for energy and environment, as first reported by the Washington Post.
President-elect Joe Biden is expected to tap former Michigan Gov. Jennifer Granholm to serve as secretary of energy, people familiar with the matter tell Axios.
Why it matters: Granholm will play a key role in making good on Biden’s promise to shift the U.S. to clean energy. Her prior experience in the auto industry is largely seen as a strength that will appeal to blue-collar workers, Politico, which first reported the news, writes.
All kinds of strange things can happen in a lame-duck session — ahead of a White House transition no less — and apparently a bipartisan energy deal is among them.
Driving the news: Per multiple reports (like this Washington Examiner piece) and some of Axios' own sourcing, lawmakers are closing in on an agreement on a package that would be attached to an omnibus spending deal moving through Congress.
New data released this morning shows that total U.S. solar installations will reach a new record this year.
Why it matters: It's one of several recent signs that the trajectory of the renewables sector has been less hampered by COVID-19 than initially feared.