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This post was originally published on this siteJan 6, 2022 (Bloomberg) Oil steadied as supply constraints from OPEC+ to the U.S. offset concerns over the impact of a severe Covid-19 outbreak in China and the prospect of tightening monetary policy. Futures held near $78 a barrel in New York after recouping earlier losses. A deep-freeze in

This post was originally published on this siteJan 6, 2022 (Bloomberg) When Swedish bank SEB AB announced recently that it wanted to buy into the market for carbon credits, what it got was a pile of duds. Hans Beyer, SEB’s chief sustainability officer, says most of the roughly 150 pitches that he received last year weren’t

This post was originally published on this site(Bloomberg) China’s worst Covid-19 outbreak since the inaugural flareup in Wuhan is blunting oil demand growth in the world’s largest crude importer, although most major population centers remain unaffected so far. Peak congestion in Xi’an, a city of more than 13 million that’s been locked down, fell 29% on

This post was originally published on this siteJan 6 (Reuters) – Silicon Ranch Corp, the U.S. solar project developer backed by Royal Dutch Shell (RDSa.L), on Thursday said it raised $775 million in equity capital from new and existing investors. The announcement comes as renewable energy, and in particular solar, is experiencing a dramatic expansion

This post was originally published on this siteJan 5, 2022 (Bloomberg) New York state will spend $500 million building up ports and manufacturing infrastructure for offshore wind farms in a bid to become home base for the nascent industry. The investments announced Wednesday by Governor Kathy Hochul will focus on building the supply chain for