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fromThe Local France
10 hours agoEuropean drivers choke on rising diesel prices
Diesel prices in Europe have surged over 30% due to the Middle East war, highlighting dependence on imported energy.
Metafuels' aerobrew technology converts renewable methanol into drop-in jet fuel, delivering up to 90% lower lifecycle emissions than conventional kerosene, with no modifications needed for existing aircraft.
We stand ready to take all necessary measures in close coordination with our partners, including to preserve the stability and security of the energy market, said the G7 in a statement after a teleconference.
At a meeting at the Paris headquarters of the intergovernmental body dedicated to global energy security, Wright referred to the "destructive illusion" of the IEA's commitment to massively reducing greenhouse gas emissions sourced from fossil fuels. The US, one of 45 member and associate countries of the IEA that represent 75% of the world's energy demand, is threatening to withdraw from the body if it does not quit its energy transition goals in the next year.
January 2026 showed just how violent this relationship can get: Henry Hub spiked to $30.72/MMBtu on January 23 - a near-tenfold surge - before collapsing to $3.13/MMBtu by February 23. Extreme winter heating demand and supply constraints drove that move - exactly what BOIL is built to capture on the upside, and what devastates holders on the way back down.
The company's agreement with TerraPower will fund the development of two new reactors capable of delivering up to 690 megawatts of power as early as 2032. The deal also gives Meta rights to energy from six other reactors that could deliver an additional 2.1 gigawatts by 2035. All this power would come from TerraPower's "Natrium" reactors, which use sodium instead of water as a coolant.
In the rolling hills of southeast Queensland, Australia, farmer and businessman Brent Finlay stands beneath turbines so tall they rival skyscrapers. "There's a lift inside that takes about 12 minutes to go from the bottom to the top," he said, pointing skyward. Forty-five of the giant turbines that now dot his property are part of the massive MacIntyre Wind Farm which will soon generate enough electricity to power 700,000 homes.
The US is leading a huge global surge in new gas-fired power generation that will cause a major leap in planet-heating emissions, with this record boom driven by the expansion of energy-hungry datacenters to service artificial intelligence, according to a new forecast. This year is set to shatter the annual record for new gas power additions around the world, with planned and under-construction projects earmarked for 2026 set to nearly triple the amount of existing gas capacity, a report by Global Energy Monitor (GEM) found.
Solar and wind power provided more electricity than coal and gas last year, leading a global trend, said think tank Ember. Solar and wind power outperformed fossil fuels in the European Union for the first time last year, a new high watermark on Europe's transition to green and autonomous energy. The two sources of energy generated 30 percent of EU electricity, compared with 29 percent for coal and gas, Ember, a global energy think tank, said on Thursday in its European Electricity Review.
But as this nascent field grapples with questions of legitimacy, scalability, and accountability, a critical challenge remains: How do we build the infrastructure needed to track, verify, and certify that carbon has actually been removed and stays removed? Meet Hannes Junginger-Gestrich, CEO of Carbonfuture, a company helping define the monitoring, reporting, and verification (MRV) infrastructure that could transform carbon removal from scattered efforts into a functioning ecosystem.
When Specian dug into the data, he discovered that implementing energy-efficiency measures and shifting electricity usage to lower-demand times are two of the fastest and cheapest ways of meeting growing thirst for electricity. These moves could help meet much, if not all, of the nation's projected load growth. Moreover, they would cost only half-or less-what building out new infrastructure would, while avoiding the emissions those operations would bring.