Tech News

New leases to significantly expand UK offshore wind power

The UK on Thursday announced leases for six new offshore wind projects which aim to cement the country as one of the world's leading renewable energy generators in the offshore sector. . The UK currently boasts nearly 14GW of installed wind capacity across dozens of offshore sites, according to industry body RenewableUK. That places it second globally behind China, which generates 66GW.  The British government is aiming for 50GW by the end of the decade, as it bids to meet climate change targets agreed internationally.

Thu, Jan 19, 2023 2 mins read

Tech News

Wholesale energy dives but bills remain sky high

Plunging wholesale gas prices have sparked speculation of an end to Europe's energy crisis -- but consumers' electricity and gas bills remain sky high, fuelling runaway inflation.. And he warned high electricity and gas bills were here to stay -- and cited the huge cost of investment in the transition to cleaner energy.

Thu, Jan 19, 2023 2 mins read

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Finnish fur farm horror caught on video as industry fights ban

Obese, infection-ridden foxes trapped in small cages; cubs feeding on their dead siblings: footage filmed by an animal rights group paints a shocking picture of fur farming in Finland.. The footage also shows young cubs eating their dead siblings.

Wed, Jan 18, 2023 3 mins read

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Our bad fashion habits -- and how we might change them -- in numbers

The fashion industry is estimated to contribute upwards of two percent of global greenhouse gas emissions, and is on track to get even worse if there isn't major change.. - 20 / 20 / 20 - On average, the fashion consumption of the richest 20 percent of the world's population causes 20 times higher emissions than that of the poorest 20 percent, say Hot or Cool. 

Wed, Jan 18, 2023 2 mins read

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Sakhalin exception: the Russian energy Japan can't quit

This year's Group of Seven president Japan has joined the bloc's condemnation of Russia's Ukraine invasion, imposing sanctions and agreeing on an oil price cap, with one exception: Moscow's Sakhalin energy projects.. Several eastern European countries have secured exemptions to the bloc's oil ban and price cap, but as this year's G7 president, Japan's Sakhalin exception stands out.

Wed, Jan 18, 2023 3 mins read

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Bird statue fetches $100,000 as Musk auctions Twitter HQ items

A Twitter bird statue fetched $100,000 on Wednesday as Elon Musk auctioned off furniture, decorations, kitchen equipment and more from the tech firm's downtown San Francisco headquarters.. An online auction of "surplus corporate office assets of Twitter" that lasted slightly more than 24 hours also featured a 10-foot neon light in the shape of Twitter's bird logo, which brought in a winning bid of $40,000, Heritage Global Partners auction service confirmed.

Wed, Jan 18, 2023 1 mins read

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Japan's 2022 trade deficit hits record on energy costs

Japan logged its largest ever annual trade deficit last year, with the soaring price of energy and raw materials compounded by the dramatic fall of the yen.. Driven down by the gap in monetary policy between Japan and other countries, the weaker yen inflated profits for exporters but ramped up the price of imports like energy.

Wed, Jan 18, 2023 1 mins read

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Asian markets track Wall St lower as recession fears return

Most stocks dropped alongside oil prices Thursday and the dollar weakened after disappointing US data renewed worries about a recession in the world's biggest economy.. Worries about recession were also weighing on oil prices, despite hopes for a spike in demand as China reopens to the world.

Wed, Jan 18, 2023 3 mins read

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Rapid scale-up of CO2 removal crucial for climate goals

Capping global warming at liveable levels will be impossible without massively scaling up the extraction of planet-warming carbon dioxide from the atmosphere, the first global assessment of CO2 removal warned Thursday.. "Regardless of whether we do a little or a lot of carbon dioxide removal, we will still have to do massive reductions in greenhouse gas emissions," report co-author Gregory Nemet, a professor at the University of Wisconsin–Madison, told AFP. But CO2 emissions in 2022 remained at near-record levels, thrusting CDR into an even more critical role.

Wed, Jan 18, 2023 3 mins read

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Let's-a-go (to Hollywood)! First US 'Super Mario' theme park to open

Nintendo's first theme park outside of its native Japan will open in California next month, just weeks before Mario gets the big-screen treatment in a major new Hollywood film.. Meanwhile, Universal Pictures -- the Hollywood film studio that shares its parent company with the theme park -- will release "The Super Mario Bros.

Wed, Jan 18, 2023 2 mins read