“The Energy Department is creating a Clean Energy Corps and launching a hiring portal to attract 1,000 additional workers focused on climate change and clean energy, The Climate 202 has scooped. People who join the Clean Energy Corps will pursue projects aimed at accelerating the,” reports Maxine Joselow in The Washington Post.

“Deployment of clean energy and cutting planet-warming emissions. For example, participants will jump-start an initiative to build thousands of miles of electric transmission lines to carry wind and solar power to communities nationwide. It’s truly a remarkable time to be at the Department of Energy as we set off to implement the historic,”

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“The world’s largest coal port has announced it will now be powered entirely by renewable energy. The announcement from Port of Newcastle comes as coal power generation in Australia’s national electricity market fell to its lowest level in the final three months of 2021. Though the port,” reports Royce Kurmelovs in The Guardian.

“It continues to export an average of 165Mt of coal a year, the move is part of a plan to decarbonise the business by 2040, and to increase the non-coal portion of its business so that coal only makes up half its revenue by 2030. It has signed a deal with Iberdrola, which operates the Bodangora windfarm near Dubbo in inland New South Wales.”

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“2021 was a monumental year for the sustainability-focused capital markets. Almost every type of financing vehicle related to climate tech and renewable energy hit all-time highs: SPACs, IPOs, M&A, Growth Equity, Venture Capital. While I am partial to the venture capital and growth equity stages, there has been,” reports John Tough in Forbes.

“The reason M&A is so exciting is because there is now a clear strategy delineation between firms inventing the new energy economy, adapting to this new framework, or trying to adjust exposure to catch minor tailwinds with the theme. But first, what is the new energy economy The new energy economy is the fraframework for our evolving.”

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“British energy regulator Ofgem has set out measures to boost the financial resilience of suppliers, including stress tests and a review of its policy on price caps, after a string of bankruptcies triggered by soaring gas prices. Ofgem’s role has come under scrutiny after more than 20 British suppliers went bust over,” reports Reuters in their blog.

“The past few months, caught out by record wholesale gas and power prices they were unable to pass on to customers because of the price cap. A 500% jump in gas prices in less than a year has exposed some energy suppliers vulnerability to price shocks, Ofgem said on Wednesday. Today I’m setting out clear action so that we have robust.”

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“Solar energy is being adopted the world over. Prices have plunged 100-fold since 1980. By 2023, the installed capacity of photovoltaics globally is expected to surpass 1 terawatt — 30–100 TW will be required by 2050. Yet colliding trends mean that many of the technologies being installed today might,” reports Dirk Jordan in Nature.

“To displace fossil fuels, solar energy needs to be dependable. Photovoltaic technologies must function as well in the steamy tropics as at the icy poles working through storms, hail, heatwaves and snow. Until now, solar energy has been very reliable. Most modules have warranties that last 25–35 years see Solar trends, and less than 1% of those.”

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“It is not hard to understand why people dream of a future defined by clean energy. As greenhouse gas emissions continue to grow and as extreme weather events become more frequent and harmful, the current efforts to move beyond fossil fuels appear woefully inadequate. Adding to the frustration,” reports Jason Bordoff in Foreign Affairs.

“The geopolitics of oil and gas are alive and well and as fraught as ever. Europe is in the throes of a full-fledged energy crisis, with staggering electricity prices forcing businesses across the continent to shutter and energy firms to declare bankruptcy, positioning Russian President Vladimir Putin to take advantage of his neighbors.”

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“Brick Ability Group PLC said Wednesday that it has acquired renewable energy products company HBS NE Ltd. for up to 5.5 million pounds $7.4 million as part of the company’s plan to broaden its offering to customers. The U.K. construction-materials distributor said the deal includes an initial,” reports Michael Susin in Market Watch.

“Payment of GBP3.3 million with further payments of up to GBP2.2 million over the next three years subject to performance conditions. The acquisition will be funded from existing resources and the company expects the deal to boost earnings immediately after the completion. HBS NE generated revenue of GBP8.5 million and normalized.”

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“In November 2019 engineers switched on the 18th and final turbine at Brazil’s Belo Monte Dam: the final step in an odyssey of planning and construction that had started almost 50 years earlier. The vast hydroelectric complex the fourth largest in the world completely upended the northern stretch of the Xingu,” reports Matt Reynolds in Wired.

“One of the Amazon’s major tributaries. The waters held back by the main dam created a reservoir that flooded 260 square miles of lowlands and forests, and displaced more than 20,000 people. Major hydroelectric dams can have catastrophic consequences flooding homes and habitats and changing the flow, temperature, and chemistry.”

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“Three hundred metres below ground, Sebastian Tirintica operates an elevator at the Livezeni mine in Romania’s Jiu valley. His eyes widen with concentration as he guides the lever to lower the cage, ferrying the iron, wood, and other materials his co-workers need to extract coal. His focus keeps his fellow,” reports Ashira Morris in The Guardian.

“Which could be said for everyone working at Livezeni. Most of the equipment is more than 30 years old. Miners go underground knowing that a ceiling support could collapse or that a conveyor belt could snap. In seven years working inside the mine, Tirintică has been buried in coal three times. Each time, his co-workers pulled him out.”

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“For months, during the main stretch, I’d get inexplicably tired in the afternoon, as though vital organs and muscles had turned to Styrofoam. Just sitting in front of a computer screen, in sweatpants and socks, left me drained. It seemed ridiculous to be grumbling about fatigue when so many,” reports Nick Paumgarten in The New Yorker.

“Nuke a cup of cold coffee, take a walk around the block: the standard tactics usually did the trick. But one advantage, or disadvantage, of working from home is the proximity of a bed. Now and then, you surrender. These midafternoon doldrums weren’t entirely unfamiliar. Even back in the office years, with editors on the prowl.”

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“Blackstone CEO Stephen Schwarzman warned Tuesday that high energy prices will likely set off social unrest around the world. We’re going to end up with a real shortage of energy. And when you have a shortage, it’s going to cost more. And it’s probably going to cost a lot more, the private equity,” reports Matt Egan in CNN Business.

“US oil prices climbed above $85 a barrel on Monday for the first time in seven years. Gas prices continue to creep higher, nearing $3.40 a gallon nationally, according to AAA. Natural gas prices have likewise skyrocketed, especially in Europe and Asia, prompting the shutdown of factories. You’re going to get very unhappy people around.”

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“Power shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can’t find fertilizer, made using natural gas. And fears are rising that Europe will have to ration electricity if it’s a cold,” reports David McHugh in AP News.

“The world is gripped by an energy crunch a fierce squeeze on some of the key markets for natural gas, oil and other fuels that keep the global economy running and the lights and heat on in homes. Heading into winter, that has meant higher utility bills, more expensive products and growing concern about how energy consuming Europe and China.”

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“An energy crisis around the world is hitting households and manufacturers that were already struggling to recover from the global pandemic. This is a perfect storm of crises. It features supply shortages, especially from China inflation slowing growth labor shortages Russia’s continued geopolitical muscle,” reports Felix Salmon in Axios.

“A combination of weather-related issues many of which are related to climate change, unexpected demand and planned outages has sent natural gas and coal prices through the roof. Energy shortage has already caused high-tech manufacturing centers to close their doors. is in even worse shape, with much less ability to bring new power.”

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“Environmentalists are terrified. Not that polar bears will soon go the way of the dodo or that melting ice caps will submerge Iceland in the near future. No, the green lobby is very, very concerned that the energy shortage sweeping the globe might cause public officials to think twice before chucking fossil fuels,” reports Liz Peek in The Hill.

“That’s the gist of a recent Financial Times FT editorial that cautions, Net zero goals cannot fall victim to energy crisis. Just because electricity prices are soaring, gasoline is in short supply, coal costs more than ever, China is suffering rolling blackouts and Vladimir Putin has the EU begging for more natural gas, the FT hopes officials.”

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“A City firm has been put on standby to take control of a large energy company amid fears that one could collapse soon, overwhelming the existing safety net put in place by the regulator, Ofgem the management consulting company Teneo is understood to have held talks with the regulator about,” reports Rob Davies in The Guardian.

“In theory, the company would take on the operations of a failed energy supplier to ensure no interruption of service or supply to customers. The backup option, first reported by Sky News, is being readied in light of mounting concern that Ofgem’s Supplier of Last Resort system, under which a healthy energy supplier agrees to take on customers.”

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“The volatility in energy prices could outlast the current Covid-related supply issues in the global economy, European Central Bank President Christine Lagarde has said. The euro zone has been impacted, like many other regions, by disruptions in supply chains brought about by the coronavirus,” reports Silvia Amaro in CNBC.

“However, a surge in energy prices and its impact on inflation figures may be a much longer-term issue for the region, Lagarde told CNBC’s Annette Weisbach in an exclusive interview Thursday. Things will fall into place as new sources of supply will be identified she said, describing the current economic environment as an adjustment period.”

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“Business Secretary Kwasi Kwarteng will hold crisis talks with industry bosses including Centrica and E.On on Monday. High demand for gas and reduced supply are behind a surge in wholesale prices. Consumers are protected from sudden hikes through the government’s energy price cap, a maximum,” reports BBC News in their blog.

“But that also means energy firms are unable to pass on higher wholesale costs to their customers. The UK’s sixth largest energy company, Bulb, is seeking a bailout, while four smaller firms are expected to go bust this week, as a result. At the beginning of 2021 there were 70 energy suppliers in the UK, but industry sources have said there.”

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“Recently announced legislation that would expand solar tax credits to include integrated solar roofs for homeowners in another push towards renewable energy as the earth’s climate hurtles toward dangerous tipping points. With 5 million roofs replaced each year in the United States,” reports Grace O’Donnell in Yahoo Finance.

“The opportunity to upsell someone from a regular roof to a solar roof represents not only a good business opportunity, but a tremendous opportunity to reduce our reliance on fossil fuels,” Martin DeBono, president of GAF Energy, told Yahoo Finance. DeBono added that “with all the attention that solar energy and renewable fuels are.”

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“The military and civilian researchers in Hawaii have stepped up efforts to harness the powerful waves and ocean currents off Oahu as a source of renewable energy. The Navy recently gave an infusion of $6 million to continue research into the viability of wave energy that’s been taking place near Marine,” reports Kevin Knodell in Civil Beat.

“The focus is on the Navy’s Wave Energy Test Site in the waters near the Marine base in Kaneohe the only grid connected wave energy testing site in the United States. Hawaii the nation’s most petroleum-dependent state is exploring wave energy as a possible source to help meet its goal to rely on 100% renewable energy by 2045.”

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“IKEA won’t just sell you smart lights it’ll soon sell you the electricity to power those lights, provided you live in the right country. Electrek notes that IKEA has revealed plans to sell clean energy to Swedish homes through a Stromma subscription service. Pay the as yet unmentioned fee and you’ll get certified solar or wind generated electricity with usage you can track through a mobile app.” reports Jon Fingas in Tech Crunch.

“The home furnishings giant didn’t say whether it would expand the clean energy sales to other countries, although it hoped to let people use and generate renewable energy in all our Ingka Group markets by 2025. The company already sells solar panels. The retailer is no stranger to eco-friendly efforts. It stopped selling non-LED lights and will soon drop non-rechargeable alkaline batteries.”

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