After spiking in March, gas prices cooled some in April but have been on a steady climb this month, setting records and leaving wallet-pressed drivers with the sense that there is no end in sight.
IndyCar’s latest push to go green includes T-shirts made from recycled plastic bottles. The shirts are the centerpiece of “The Penske Initiative,” which hopes to hold carbon-neutral races by 2050.
Solar- and wind-energy producers have long struggled with how to store energy for use when the sun isn’t shining or the wind isn’t blowing. But the storage sector might be ready for a giant leap.
The protein found in bugs—and their ability to gobble up organic waste—could be key to addressing worldwide concerns over food supplies, greenhouse gas emissions, and land and water utilization.
A Q&A with Reggie Henderson, president of Telamon Energy Systems, discusses the company’s newest endeavor.
The district says the project initially would place solar panel arrays on 20 schools and eventually save tens of millions of dollars in energy costs.
Shell, which recently signed a five-year extension to be the fuel sponsor for the open-wheel series, announced plans Friday to switch to a low-carbon fuel in 2023.
Stellantis officials said the clean energy requirement was a critical part of the agreement to locate the operation in Indiana.
The focus on price gouging comes as gas prices hit an national average of $4.59 per gallon Thursday—49 cents a gallon higher than a month ago and $1.55 higher than a year ago, according to AAA.
The Department of Energy said Thursday it will release the money to groups developing direct air capture and other technologies that remove carbon dioxide.
ESG—which stands for environmental, social and governance—has yet to take hold as mainstream political messaging, but backlash against it is gaining steam.
Members are conducting research on everything from the capabilities of Indiana’s current auto manufacturers to potential opportunities for research and development within the EV product industry.
In other kinds of markets, a surge of demand and shortage of supply would trigger more investment. But the longer-term transition away from fossil fuels dims the outlook for demand, making companies unwilling to put up the billions of dollars needed to build new refinery plants.
The Biden administration says it is canceling three oil and gas lease sales, removing millions of acres from possible drilling as U.S. gas prices reach record highs.
President Joe Biden released oil from the Strategic Petroleum Reserve in November and March, hoping to reduce prices. That helped temporarily, but prices shot back up and have stayed stubbornly high.
The average price at the pump is $1.36 per gallon higher than it was one year ago.
Though plastics use fell in the early days of the pandemic, consumption has rebounded along with economic activity. Meanwhile, plastic waste exports have plummeted in the wake of import bans by countries such as China and Turkey.
Cummins made the disclosure in its first-quarter financial report. Profit dropped in the period, but sales hit a record high. The company also said interest in its emerging hydrogen business is growing.
U.S. Energy Secretary Jennifer Granholm said the new program will offer grants to companies that process or recycle battery components to increase domestic supplies of a market now dominated by China and other countries.
Citizens Energy Group announced Wednesday that it wants to acquire a small, little-known political subdivision in Marion County that was months away from starting construction of its own wastewater treatment plant to avoid Citizens’ rate hikes.
