Power plant developers and operators plan to install more than 6 gigawatts of offshore wind capacity at sites mostly along the U.S. eastern seaboard over the next seven years, the U.S. Energy Information Administration (EIA) said in a report on Thursday. While... 

The Biden administration is partnering with 11 East Coast states to accelerate development of offshore wind facilities and create jobs by supporting a domestic supply chain for the industry, the White House said on Thursday. With this development, it... 

When President Obama conceived of the New Energy Economy in 2009, the opposition labeled it as radical — something that would bankrupt the country for an amorphous goal. But since 2005, the United States has reduced its annual energy-related CO2 levels... 

The U.S. wants to expand its offshore wind capacity to 30 gigawatts by 2030, a move the Biden administration hopes will generate thousands of jobs and unlock billions of dollars in investment in coming years. The target, announced by the Departments of... 

The Biden administration announced Thursday an effort to slash the cost of solar energy by 60% within the next decade, a feat officials said was essential to achieving the president’s goal of 100% clean energy by 2035. The solar goal, being implemented... 

Elon Musk says the No. 1 way to decrease carbon dioxide emissions would be to levy a tax on carbon. “My top recommendation, honestly, would be just add a carbon tax,” Musk told Joe Rogan on The Joe Rogan Experience podcast on Thursday. “The economy... 

The global economy could be on the brink of a new commodity “supercycle” as governments prepare to use a green industrial revolution to kickstart growth following the coronavirus pandemic. The price of commodities, such as energy and metals, have...