Business

Global Oil Demand to Peak Next Year, BP Predicts

Global Oil Demand to Peak Next Year, BP Predicts

Oil and gas company BP’s Energy Outlook: 2024 Edition has predicted that peak global oil demand will occur next year, putting a stop to increasing carbon emissions as solar and wind continue to expand. The report focused on two main forecast scenarios — Current Trajectory and Net Zero — and predicted that oil consumption will […]

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    Biden Admin Tightens Vehicle Mileage Standards in Effort to Bolster EVs and Fight Climate Change

    Biden Admin Tightens Vehicle Mileage Standards in Effort to Bolster EVs and Fight Climate Change

    The United States Department of Transportation (USDOT) has tightened fuel mileage standards for vehicles in an effort to transform the country’s auto market into one dominated by more climate-friendly electric vehicles. The new standards set by the National Highway Traffic Safety Administration (NHTSA) will lower fuel costs by more than $23 billion while reducing pollution, […]

    A ‘Surprisingly Good’ Beer Made With Wastewater 

    A ‘Surprisingly Good’ Beer Made With Wastewater 

    Xylem, a water technology company, has developed a Bavarian-style beer made in Germany. This isn’t an ordinary brew — this eco-friendly beer is brewed using wastewater. The “Reuse Brew” is designed to showcase the latest in water recycling tech, according to the company, and is a collaboration among Xylem, the chair of Brewery and Beverage […]

    Ford Announces Support for EPA Automobile Tailpipe Emissions Rule

    Ford Announces Support for EPA Automobile Tailpipe Emissions Rule

    The Ford Motor Company said on Monday that it supports the United States Environmental Protection Agency’s (EPA’s) new regulations to reduce passenger vehicle tailpipe emissions by 49 percent over 2026 levels by 2032, reported Reuters. Ford is the second-largest automobile manufacturer in the country. “Complying with emissions regulations requires lengthy advance planning, and Ford has […]