1001 AI’s $9M Seed Funding to Reshape MENA’s Industrial Landscape with AI Orchestration
From Scale AI to MENA’s Industrial Transformation Bilal Abu-Ghazaleh, a former Scale AI executive, has secured $9 million in seed…
Tag: Fossil fuel
UK Government Unveils National Green Energy Jobs Initiative Targeting 400,000 New Positions by 2029
Energy Secretary Ed Miliband has revealed a national green energy employment strategy targeting 400,000 new jobs over the next five years. The initiative prioritizes training for skilled trades including plumbing, welding, and electrical work while promoting trade union recognition across the clean energy sector.
Major Green Jobs Expansion Announced
The UK government has unveiled an ambitious national plan to create 400,000 green energy jobs within the next five years, according to reports from the Department for Energy Security and Net Zero. Energy Secretary Ed Miliband announced the comprehensive strategy that aims to double the workforce in green industries by 2030 through targeted training programs and industry partnerships.
Federal Regulators Reverse Climate Risk Mandate for Major Banks
Federal banking regulators have eliminated climate risk planning mandates for major financial institutions, calling the requirements unnecessary. The move represents the latest reversal of climate-focused policies as political dynamics shift in Washington.
Federal Banking Regulators Rescind Climate Risk Planning Mandate
Federal regulators have revoked requirements that the nation’s largest financial institutions incorporate climate risk considerations into their long-term strategic planning, according to reports from Washington and New York. The policy reversal affects banks with over $100 billion in assets and represents the latest removal of climate-focused measures from federal financial regulation.
Bipartisan Energy Strategy Offers Relief From Soaring Power Bills Amid AI Boom
As AI data centers drive unprecedented energy demand across the United States, a bipartisan solution called demand flexibility is gaining traction. This approach rewards consumers for reducing power usage during peak times, potentially preventing blackouts and lowering bills.
The Grid Strain Solution Gaining Bipartisan Support
With artificial intelligence data centers dramatically increasing power consumption across the United States, a policy solution called “demand flexibility” could help ease grid strain while lowering household energy bills, according to reports. This bipartisan approach essentially rewards customers for using less power during periods of high demand or for selling excess energy from home solar panels back to the grid.
Egypt’s $5.7 Billion Oil Expansion: 480 Wells Planned to Boost Production
Egypt has unveiled an ambitious plan to drill 480 exploratory oil wells with $5.7 billion in investments over the next five years. The massive initiative includes partnerships with international energy giants Eni and BP, with 101 wells scheduled for 2026 across Egypt’s main regions.
Egypt’s petroleum sector is poised for significant expansion with the announcement of a comprehensive plan to drill 480 exploratory oil wells backed by $5.7 billion in investments over the coming five years. This strategic initiative represents one of the most substantial energy sector developments in recent Egyptian history, aimed at reversing declining production and strengthening the country’s position in global energy markets.
Egypt’s Ambitious Energy Investment Strategy
Extreme H Hydrogen Racing Series Launches Orange Hydrogen Future
The Extreme E electric racing series has officially transformed into Extreme H, marking a pivotal shift from battery-electric to hydrogen power. Chief Scientist Professor Carlos Duarte explains how this evolution represents a major advancement in sustainable motorsport technology. The series is now championing orange hydrogen as the next frontier in clean energy racing.
Extreme H hydrogen racing has officially launched, marking a revolutionary transformation from the battery-electric Extreme E series that began in 2021. This weekend’s transition represents more than just a power source change—it signals a fundamental evolution in sustainable motorsport strategy. I spoke exclusively with Chief Scientist Professor Carlos Duarte about why hydrogen, particularly the emerging orange hydrogen technology, represents the future of eco-conscious racing and planetary repair initiatives.