Tag Archives: clean

New legislation that would grant tax credits to accelerate solar energy manufacturing in the U.S. aims to make America competitive with China, in an industry China dominates globally. Georgia Senator Jon Ossoff (D), the bill’s sponsor, said it could also create up to 60,000 new jobs in the next decade. In an interview with Yahoo Finance Live, Ossoff framed the race to manufacture clean energy domestically as a ‘national security imperative’ and a ‘major’ job creation… Source link

Online traders have found new targets during this week’s “meme stock” resurgence.  Geo Group (GEO), a company that owns and manages private prisons, saw shares soar by as much as 73% intraday on Wednesday for the stock’s biggest one-day gain on record. Shares pared some advances after reaching as high as $11.00 apiece and closed 38% higher, or at $8.80 per share.  Natural gas service provider Clean Energy Fuels Corp. (CLNE), likewise, rose as much as 46% on Wednesday before ending the day up… Source link

Mike Colyer leads one of North America’s biggest crypto mining companies, Foundry. Owned by Digital Currency Group (CoinDesk’s parent company), the startup emerged in 2019 and has quickly come to exemplify a trend: the comeback of U.S. crypto mining after years of living in the shadows of China’s greater hash power.  We caught up with Colyer for a preview of his thoughts on the China vs. U.S. rivalry in bitcoin mining, institutional adoption and the controversial concept of “clean… Source link

Dive Brief: AES announced on Tuesday a 10-year agreement to be the sole supplier of energy to three Google data centers in Virginia, providing clean power around the clock through a 500-MW portfolio of resources. Through the partnership, AES will decarbonize Google’s load in Virginia. The partnership “lays a blueprint for other companies looking to decarbonize their own operations,” Michael Terrell, Google’s director of energy, said in a statement. AES assembled a… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could Go Boom Arguably the most controversial on the Street, penny stocks are a hot-button issue. Usually, there isn’t a lot of middle-ground with respect to these tickers priced for less than $5 apiece. Dividing market watchers into two distinct groups, both sides present valid arguments laying out the pros and cons. Sure, there is reason enough to be skeptical. Often, a cheap stock is cheap for a reason, with the low share price potentially… Source link

My brother posed a tough question on Zoom recently.  How could I, as someone working in the cryptocurrency industry, justify bitcoin’s energy footprint in the age of climate change?  Didn’t I used to write about global warming and the dangers it poses? (I did).  A lot of people are having some version of this discussion at the moment.  With BTC’s price rising and lots of green-minded VIPs, like Elon Musk, endorsing the idea, the long-running bitcoin energy debate is seeing new life.  I… Source link

Costco’s stock may be down 12% this year as investors fret about growth slowing down after months of consumers stocking up during the COVID-19 pandemic, but it’s unlikely the usually strong market performer will stay stuck in neutral for too long. That inevitability for Costco (COST) reflects several byproducts of the pandemic that play right into the hands of the warehouse giant’s very business model (and by extension, its bottom line), argues Wells Fargo analyst Edward Kelly. One is… Source link

Dive Brief: The Des Moines City Council on Monday approved a resolution outlining a series of carbon emission goals, including a 24/7 clean energy by 2035 pledge modeled after Google’s round-the-clock energy plan. Des Moines is already well on its way to 100% clean energy, according to the council resolution; 83% of the city’s energy came from clean sources in 2020. While Des Moines may benefit from factors that enable it to pursue ambitious energy targets,… Source link

“Google is more likely to become an energy company of the future than a lot of utilities” Shuli Goodman, executive director at LF Energy, said during an interview earlier this year when she shared her latest prediction for what’s to come in the energy industry. If this prediction sounds like it’s coming out of left field, let me assure you it’s not. Google has been slowly upending the traditional utility business for the past 10 years.  The Current Situation We are at a… Source link

Kyrie Irving returned to TD Garden on Friday night for his first matchup in Boston since he left the Celtics for Brooklyn. Yet before he took the court for the Nets’ 113-89 preseason win against the Celtics, Irving had to cleanse the arena. Kyrie Irving burns sage at TD Garden Irving, before warming up on Friday, circled the court while burning sage. Burning sage, or smudging, is a practice often used by Native Americans and other indigenous groups to cleanse something, be that a person or a… Source link