Investors with $11 trillion in assets pledge shift from fossil fuels, report says
Institutional investors holding assets worth $11 trillion have now pledged to divest from fossil fuel assets, a significant jump in the number committing to clean energy, a report said on Monday. A growing number of investment and wealth funds have been looking to pull away ...
Saudi king replaces energy minister with one of his sons amid strains of oil price slump
Saudi Arabia's King Salman replaced the country's energy minister with one of his own sons Sunday, naming Prince Abdulaziz bin Salman to one of the most important positions in the country as oil prices remain below what is needed to keep up with government ...
Japan tells diplomats no decision yet on contaminated Fukushima water
Government officials on Wednesday told diplomats they were still considering options for handling contaminated water at the disaster-hit Fukushima No. 1 nuclear power plant amid worries the water may be dumped into the ocean. A massive amount of tainted water — more than a million ...
Japan's feud with South Korea threatens heating fuel shortage
Consumers may pay a higher price to stay warm this winter if South Korea bans exports of heating fuel to Japan as the bilateral trade feud deepens. Kerosene is used as a fuel in portable stoves and fan heaters, particularly in the colder northern part ...
SoftBank's massive Vision Fund bets on Swiss startup that's using concrete blocks as batteries
SoftBank Group Corp.'s massive Vision Fund is making its first-ever energy storage bet — and it's on a rather unconventional type of battery. The fund is investing $110 million in Energy Vault, a Swiss startup that's using cranes and concrete to store energy. An electric ...
Huge Pakistan mine shows the power of coal
In the flat scrubland of Pakistan's scorching Thar Desert, hundreds of workers have been toiling for two years in the vast open pit of the Sindh Engro Coal Mining Co. Taking three-hour breaks during the hottest part of the day and living in a ...
Fukushima nuclear plant to run out of tanks to store tritium-laced water in three years, Tepco says
Tokyo Electric Power Company Holdings Inc. on Friday projected that the storage tanks for the treated contaminated water at its Fukushima No. 1 nuclear plant would reach full capacity in three years despite plans to expand storage space, complicating the government's efforts to tackle ...
Nuclear fuel debris removal at Fukushima plant could start with No. 2 reactor
A government-backed organization in charge of supporting the decommissioning of nuclear plants is considering proposing the removal of melted nuclear fuel debris beginning with the No. 2 reactor at Tokyo Electric Power Company Holdings Inc.'s Fukushima No. 1 nuclear plant, officials said Thursday. Nuclear Damage ...
Ecological land grab pits food vs. fuel vs. forests, but there's not enough to go around
The overlapping crises of climate change, mass species extinction and an unsustainable global food system are on a collision course toward what might best be called an ecological land grab. Coping with each of these problems will require a different way of using of Earth's ...
U.S. senators to unveil carbon tax bill to generate $2.5 trillion in 10 years
Two Democratic senators will unveil a bill on Thursday to curb climate change by slapping a fee on oil, natural gas and coal and delivering most of the revenue to low- and middle-income Americans, one of the lawmakers said. Sen. Chris Coons said on Wednesday ...
Tepco to decommission reactors at Fukushima No. 2 nuclear plant
Tokyo Electric Power Company Holdings Inc. will formally decide to decommission the Fukushima No. 2 nuclear plant after informing the prefectural governor.
