Supply cuts from heavyweight crude producers have helped drive oil prices near $100 per barrel — fueling some to consider the potential for future demand destruction

CNBC

Oil prices near $100 per barrel raise questions over demand destruction

Germany on Wednesday halted a subsidy scheme less than 24 hours after it was launched due to strong demand for the payments to install rooftop solar panels, storage and charging points, highlighting questions about the effectiveness of one-off subsidies in the switch to green energy

Reuters

Germany halts e-car solar subsidy programme after one day amid high demand

 A new financing tool that allows Asian governments to force coal plants into early retirement is set to launch its first project in Indonesia "soon" following months of negotiations, the Asia Development Bank's climate envoy said on Friday

ADB's coal shutdown scheme to launch first project in Indonesia 'soon'

One man’s quest to lure climate investment from the wealthy enclave of Jackson underscores how the climate law works: It runs on rich people

The New York Times

Want to spur green energy in Wyoming? Aim for the billionaires

Like a detective gathering clues, Itziar Irakulis Loitxate scans her computer monitor looking for yellow-colored clouds in satellite data that suggest the presence of methane, a pernicious greenhouse gas that can escape from the Earth when coal, oil and fossil gas are produced

Bloomberg

The climate sleuth uncovering methane leaks for the United Nations

The global climate crisis has reached a critical point, highlighted by the latest IPCC report, which underscores the vital role of Carbon Dioxide Removal (CDR) in limiting temperature increases below 1.5°C. 

Center on Global Energy Policy 

Understanding the potential of carbon-negative hydrogen

Diversified renewables shares are weaker across North America and Europe this week as higher government bond yields continue to impact the broad utilities sector. Figure 1 shows share prices for bundle of US renewables firms. In July, the segment gave up year-to-date outperformance versus the broad utility sector and has underperformed since, in lockstep with the Treasury yield rise.



Factset

Labor negotiations continue, renewables share prices tumble, and more ESG news this week

Nuclear power plants using low-cost electricity to make hydrogen from water, an emerging fuel, could play a role in the energy transition, the head of a U.S. office that distributes billions of dollars in loans for new energy technologies said on Thursday.

Nuclear-hydrogen 'marriage' has potential, US energy loans chief says

This year, during the heat of summer, when temperatures in New York surpassed 90°F, the 22 solar panels on the roof of my house were doing absolutely nothing

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