Climate

Hawaiian Electric and Other Defendants Reach Tentative $4 Billion Maui Wildfire Settlement

Hawaiian Electric and Other Defendants Reach Tentative $4 Billion Maui Wildfire Settlement

In a lawsuit over the Maui wildfires of August 2023, Hawaiian Electric and other defendants have tentatively agreed to a settlement of more than $4 billion. The proposed deal, which has not yet received final approval, would settle the lawsuits of thousands of businesses and homeowners against the island’s utility, Hawaiian Electric, said people familiar […]

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    UK to Boost Solar Energy Projects Under New Labour Leadership

    UK to Boost Solar Energy Projects Under New Labour Leadership

    Under new Labour leadership, the UK is focusing on renewable energy advancement with the approval of solar farm projects and new rules for solar panels. The UK’s Secretary of State for Energy Security and Net Zero Ed Miliband has recently approved three major solar farm projects that had been previously denied by officials in the […]

    Global Oil Demand to Peak Next Year, BP Predicts

    Global Oil Demand to Peak Next Year, BP Predicts

    Oil and gas company BP’s Energy Outlook: 2024 Edition has predicted that peak global oil demand will occur next year, putting a stop to increasing carbon emissions as solar and wind continue to expand. The report focused on two main forecast scenarios — Current Trajectory and Net Zero — and predicted that oil consumption will […]

    Solar and Wind Projects Under Construction in China Have 2x the Capacity of the Rest of the World’s Renewable Energy Projects Combined: Report

    Solar and Wind Projects Under Construction in China Have 2x the Capacity of the Rest of the World’s Renewable Energy Projects Combined: Report

    Renewable energy projects are rapidly expanding in China, so much so that the country has double the amount of renewable capacity under construction compared to all other countries combined, a new analysis from the non-governmental organization Global Energy Monitor has revealed. According to the analysis, China currently has 180 gigawatts of utility-scale solar power and […]