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Oil Prices Drop as Concerns over Global Fuel Glut Re-emerge
Oil prices fell more than a percent on Wednesday as a report showing a surge in U.S. crude stocks, rising production in Nigeria and squabbling among producers about a planned output cut re-ignited concerns about a global supply glut. Brent…
Renewables Overtake Coal as World’s Largest Source of Electricity Capacity
According to the International Energy Agency (IEA), total clean power capacity increased by 153 gigawatts, overtaking coal for the first time. “We are witnessing a transformation of global power markets led by renewables and, as is the case with other…
Nepal, Bangladesh Agree to Build More Than 1,600 MW of Pumped-Storage Hydropower
The governments of Nepal and Bangladesh have signed an agreement to build two pumped-storage hydropower plants with a total capacity of more than 1,600 MW in Nepal, according to the Kathmandu Post. The agreement was signed Oct. 16 by Nepal…
AUTOBEST 2016 Awards for Opel Ampera-e and Opel Group
Opel has been very successful at the 2016 AUTOBEST Awards. The Rüsselsheim-based carmaker took home trophies in two categories. The expert AUTOBEST jury, consisting of independent journalists from 31 European countries, voted the Ampera-e ECOBEST 2016. The revolutionary electric car…
More Northeast Natural Gas Pipeline Capacity Brings Questions
Led by the surge in Appalachia’s Marcellus and Utica plays, U.S. natural gas production has increased over 50% since 2005 and related infrastructure to move the gas has become short. This is really not just an issue for the U.S.…
What the Ancient Carbon Dioxide Record May Mean for Future Climate Change
The last time Earth experienced both ice sheets and carbon dioxide levels within the range predicted for this century was a period of major sea level rise, melting ice sheets and upheaval of tropical forests. The repeated restructuring of tropical…
Environmental Group Calls for Electric Car Infrastructure
Members of environmental groups and electric car owners gathered at The Peacock Inn in Princeton on Monday to call for increased electric car infrastructure in New Jersey. They also touted a study with 50 steps toward a carbon-free transportation system.…