Auto enthusiasts were thrilled last week as green automaker Tesla made it into the black, earning $11 million profit on revenue of $562 million in the first quarter of 2013. “I’d be lying if I said it wasn’t somewhat surprising to see they’ve been able to turn a profit so quickly” said Alec Gutierrez, an industry [...]

Shale gas could be “a new North Sea for Britain, creating tens of thousands of jobs and reducing gas imports”, according to the UK’s Institute of Directors (IoD). In a report out today, the IoD calls for fresh policy incentives from government and industry to kickstart shale gas production in the UK. The report states that shale gas development could create [...]

House of Lords, 14 May 2013: My Lords, I agree with every rapid word from my noble friend Lord Prescott, but I wish to focus on the energy section of this debate, bearing in mind the threat of a new Energy Bill. I will concentrate on the Government’s decarbonisation agenda, pursued with little concern for the [...]

Rhode Island Democratic Sen. Sheldon Whitehouse has apologized for remarks Monday in which he linked Oklahoma “cyclones” to climate change while berating Republicans for their stance on the issue — around the time a massive tornado killed dozens in that state.  A Whitehouse spokesman said Tuesday the politically charged remarks were pre-written as part of [...]

German dailies today are reporting that Europe is beginning to give up on the big green dream it once so deeply cherished and envisioned a great society powered by clean sunshine and wind. After trying for years to force renewable energies onto consumers, the bill came and eyes popped.   Suddenly we are also seeing studies [...]