Energy

Decades after the invention of electricity and significant investments in its generation around the world, one would expect a consequential decline in the demand and usage of traditional sources of energy such as charcoal, which are directly obtained from forest resources. However, our research shows that in some African economies, charcoal demand continues to surpass

When we make a nice meal or dine out at a restaurant, a whole host of things run through our mind: Did I cook the chicken all the way through? Do the vegetables need more seasoning? Should I order dessert? As concerns about the environment and climate change grow, many of us are now also

The transition to clean energy is akin to the entire world participating in a symphony. Each player has a critical role, timing is essential and all parts must come together deftly in order to execute this masterpiece.  But this is no idle exercise in orchestration. The Intergovernmental Panel on Climate Change (IPCC) has declared that

Boris Johnson (R) and conservationist David Attenborough attending an event to launch the COP26 climate summit. The summit has now been postponed until 2021 due to the coronavirus. Jeremy Selwyn | AFP | Getty Images A major UN climate change conference due to take place in November has been postponed until 2021 because of the

Amid the white noise of COVID-19 pandemic coverage last week, news about the $80 million funding round for alternative protein company Nature’s Fynd offered a bright beacon of positivity. While the financing revelation was delayed a week because of the crisis, the sizeable round extends the steady growth of funding for this particular niche of

A pumpjack operates above an oil well at night in the Bakken Formation on the outskirts of Williston, North Dakota, U.S., on Thursday, March 8, 2018.  Bloomberg | Bloomberg | Getty Images Wednesday’s Chapter 11 bankruptcy filing for Colorado-based Whiting Petroleum is a grim omen of things to come, experts say, as oil prices face

The Report Report is a periodic article produced by Corporate Eco Forum, a by-invitation membership organization comprised of large, global companies that demonstrate a serious commitment at the senior executive level to sustainability as a business strategy issue. 2019 Corporate Human Rights Benchmark (APG, Aviva Investors, Business & Human Rights Resource Centre, Eiris Foundation, Institute for

A worker at an oil processing facility of Saudi Aramco, a Saudi Arabian state-owned oil and gas company, at the Abqaiq oil field. Stanislav Krasilnikov | TASS | Getty Images April is going to be a hellish month for the oil industry.  Already down more than 65% year-to-date, crushed by the coronavirus crisis and the

Since the launch of the first green bond (labeled a “Climate Awareness Bond”) on July 4, 2007, by the Luxembourg-based European Investment Bank, green bonds have seen many breakthroughs, but challenges remain. One challenge has been defining what constitutes a green bond or a green investment. External review processes such as certifications and second opinions

Chief Executives from at least seven energy companies are set to meet with President Donald Trump on Friday at the White House to discuss energy policy, according to sources familiar with the matter. The meeting comes as U.S. oil producers struggle to breakeven on the back of tumbling crude prices. U.S. West Texas Intermediate crude

Much has been written in recent weeks comparing the shocking and oppressive impacts of COVID-19 and future effects of climate change. But one of the most important links could be the one right under (and up into) our noses: air pollution. Dirty air — a substantial chunk of it caused by emissions from the tailpipes

America’s strategic relationship with Saudi Arabia may permanently change if Riyadh does not end its latest oil price war, Sen. Dan Sullivan told CNBC on Wednesday.  “The Saudis have really brought in a supply shock at exactly the wrong time,” the Alaska Republican said on “Squawk Box.” “These kind of crises really make it clear … who

We’re seeing it all: CEOs taking pay cuts amid layoffs, Gap and Zara producing masks in their factories, General Motors and Ford building ventilators, and social media sites such as LinkedIn and Instagram replete with examples of corporate generosity in this crisis-ridden time. But what are the deeper lessons from the coronavirus pandemic that will

Two of the world’s largest oil producers — Saudi Arabia and Russia — are set to increase production dramatically this month, after an agreement between OPEC and its allies to lower output expired at the end of March.  OPEC+ countries have teamed up to reduce their supply to the market since 2017, but failed to reach a

Sharing during a pandemic? Sharing probably isn’t the first idea that comes to mind as it implies physical contact. But there are innumerable ways to share that don’t require physical contact. And here’s why we should pursue them with extraordinary gusto during the pandemic. In short, world leaders have failed to protect us from the

The crude oil crush has taken down energy stocks, but there may be some survivors, according to Simpler Trading director of options Danielle Shay. Crude briefly cracked below $20 on Monday — taking it to levels not seen since early 2002. Energy stocks have been dragged along with the sector tanking almost 53% this year

I rarely get exasperated from reading environmental business media, but a quote last week in a Bloomberg article about sustainability and the U.S. economic crisis got me headed in that direction. The quote came from Ted Nordhaus, co-founder of the Breakthrough Institute, a research group whose founders, self-described environmentalists, have made a career out of

An illustration of how the turbine could look. Iberdrola Spanish utility Iberdrola is heading a consortium aiming to develop a large-scale floating offshore wind turbine in the North Sea, as the sector looks to drive up the size of technology and push down costs. In an announcement Monday, the firm said the turbine would be

How, and how much, is the coronavirus pandemic affecting the clean economy? Last week, I set out to find out — the good, the bad and the nothing-to-see-here reality — for our GreenBiz 350 podcast: a virtual roundtable of GreenBiz analysts: Katie Fehrenbacher, senior writer and conference chair of VERGE Transport; Sarah Golden, senior energy

Oil pumping jacks, also known as “nodding donkeys”, operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Andrey Rudakov | Bloomberg via Getty Images Oil recovered ground on Tuesday after U.S. President Donald Trump and Russian President Vladimir Putin agreed to talks to stabilize energy markets, with benchmarks climbing off 18-year