energy economics
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Google’s Geothermal Energy Project Now Powers Nevada Data Centers
Google is now using geothermal energy to meet the massive power needs of its data centers. Google announced a first-of-its-kind geothermal project is now operational in Nevada in a blog post on Tuesday, using heat from the Earth’s core as energy. The tech giant has been carbon neutral since 2007, meaning it purchased carbon offsets…
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The EU Just Decided Natural Gas Is ‘Green’ (???)
Raise your hand if you had this on your 2022 bingo card: Natural gas is now climate-friendly.
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For Earth Day, Houston Public Media Is Promoting… Chevron?
One might not associate “public media” with “carrying water for the oil and gas industry,” but it’s 2022, and anything can happen. On Wednesday, Houston Public Radio, which encompasses the city’s NPR affiliate as well as its public broadcasting network, unveiled a series it produced with oil giant Chevron on the energy transition — and,…
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The Oil Industry Has a $694 Billion Bubble Problem
Oil prices are rebounding as global economic activity picks back up. But the boom could likely be a mirage as governments finally get their act together on climate change — and it could lead to financial ruin if Big Oil ends up chasing it.