Tag: Energy

Russia attacks Ukrainian energy sector, Kyiv launches drones at Russia

KYIV, Ukraine — Russia launched a barrage of missiles against Ukraine overnight, in attacks that appeared to target the country’s energy infrastructure. Meanwhile, Russia said its air defense systems had intercepted more than 60 Ukrainian drones over the southern Krasnodar region. Ukraine’s air force said Saturday that Russia had launched 34 missiles against Ukraine overnight, […]

BlackRock’s Larry Fink ditches ESG for ‘energy pragmatism’

The climate change-focused investment strategy known as ESG suffered another blow Tuesday at the hands of someone who was once its biggest steward on Wall Street: Larry Fink. The BlackRock CEO called for “energy pragmatism” in his annual letter to investors. He said that consists of using clean energy to reduce global warming emissions while […]

Energy agency announces $6B to slash emissions in industrial facilities

The Biden administration announced $6 billion in funding Monday for projects that will slash emissions from the industrial sector — the largest-ever U.S. investment to decarbonize domestic industry to fight climate change. The industrial sector is responsible for roughly 25% of all the nation’s emissions, and has proven difficult to decarbonize due to its energy-intense, […]