Lifeboat Foundation

Copper prices have surged in 2021. The base metal remains in high demand, much thanks to its need in green energy projects and electric cars. In May 2021, commodities analysts at Goldman Sachs called copper ‘the new oil.’ That’s because electric cars need several times more copper than their gas-powered counterparts. And power grids getting electricity from wind, solar and hydro sources also need copper—much more than the industry is currently producing. Here’s how copper became so important to the world economy and the green energy revolution.

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision.

Continue reading “Why A Looming Copper Shortage Has Big Consequences For The Green Economy” »

Virginia is going from near-zero wind power to 2.6 gigawatts all at once, with the approval of a new offshore wind plan for Dominion Energy.

California is making waves with a big announcement of big plans for offshore wind, but the Golden State already hosts hundreds of wind turbines on shore. The really big news on the wind front is all the way across the country in Virginia, which has practically zero megawatts to its credit, onshore or off. That’s about to change all at once. Utility regulators in Virginia just stamped their seal of approval on a massive, Texas-sized offshore wind farm to the tune of 176 wind turbines totaling almost 2.6 gigawatts.

Wait, How Does An Offshore Wind Turbine Get To 14.7 Megawatts?

Continue reading “Virginia Wades Into Offshore Wind Race, Bigly” »

As investors continue to put money into technology companies making a difference, there is a misconception that a majority of investors belong to younger generations. New research shows the distribution in ESG-motivated investment: 54% are Gen Z and millennials, 42% are baby boomers, and 25% are Gen Xers.

ESG Standards That Younger Generations Care About

From combatting climate change to expanding diversity in the boardroom and instituting more corporate equitable policies, technology companies need to understand what Gen Z and Gen X care about. If any sector of the global economy is sensitive to ESG it should be technology with its appeal to younger audiences. That’s why the recent acceleration of widespread reporting on ESG principles and practices is creating a shift in power, money and jobs from baby boomers to millennials and Gen Z, in which passive investing, COVID, social injustice issues, the Great Resignation and talent shortages are all contributing factors.

A perovskite solar cell developed by engineers at the University of California San Diego brings researchers closer to breaking the ceiling on solar cell efficiency, suggests a study published Aug. 10 in Nature.

The new solar cell is a lead-free low-dimensional perovskite material with a superlattice crystal structure —a first in the field. What’s special about this material is that it exhibits efficient carrier dynamics in three dimensions, and its device orientation can be perpendicular to the electrodes. Materials in this particular class of perovskites have so far only exhibited such dynamics in two dimensions—a perpendicularly orientated solar cell has never been reported.

Thanks to its specific structure, this new type of superlattice solar cell reaches an efficiency of 12.36%, which is the highest reported for lead-free low-dimensional perovskite solar cells (the previous record holder’s efficiency is 8.82%). The new solar cell also has an unusual open-circuit voltage of 0.967 V, which is higher than the theoretical limit of 0.802 V. Both results have been independently certified.

View insights.

Since 2016, engineering firm NuScale has been working toward getting approval for a first-of-its-kind nuclear reactor, and late last week, the Nuclear Regulatory Commission (NRC) gave it the green light. The company’s pint-sized nuclear reactor has numerous safety benefits over larger reactors, and the small size makes it possible to build them at a centralized facility before shipping them to their final destination.

Nuclear power seems to flip between savior and boogeyman every few years. As climate change escalates due to the use of fossil fuels, nuclear is seen as a way to reduce carbon emissions while maintaining high electricity generation. However, all it takes is one accident like Fukushima or a reminder that Chernobyl is still incredibly dangerous decades later to make people second-guess the construction of new fission generators.

Continue reading “US Regulators to Certify First Small Modular Nuclear Reactor Design” »

Musk responded to a question on Twitter as to whether he’d launch his own site by simply tweeting “X.com” on Tuesday. The comment came after it was revealed that the billionaire had sold 7.92 million Tesla shares worth $6.9 billion ahead of the very real chance he could be forced to purchase Twitter.

“In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,” Musk said about the sale on Twitter.

Continue reading “Elon Musk teases his website ‘X.com’ as a potential Twitter competitor as he barrels toward $44 billion trial in October” »

JAKARTA, Aug 8 (Reuters) — U.S. carmaker Tesla (TSLA.O) has signed contracts worth about $5 billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told CNBC Indonesia.

Southeast Asia’s biggest economy has been trying to get Tesla to set up a production facility in the country, which has major nickel reserves. President Joko Widodo met with Tesla founder Elon Musk earlier this year to drum up investment. read more

“We are still in constant negotiation with Tesla … but they have started buying two excellent products from Indonesia,” Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan said in an interview broadcast on Monday.

Tesla Inc TSLA CEO Elon Musk has taken Twitter by storm by sharing his “sex tape” tweet, sending his fans wild guesses.

What Happened: Musk shared an image that he labeled as his “sex tape,” showing two tape dispensers placed in a way that formed the number 69.

Then he joked in the caption, saying, “But have you seen my sex tape?”

Most of us have felt the shock from static electricity by touching a metallic object after putting on a sweater or walking across a carpet. This occurs as a result of charge build-up whenever two dissimilar materials (such as our body and the fabric) come in contact with each other.

In 2012, scientists from the U.S. and China used this phenomenon, known as “triboelectric effect,” to build a triboelectric nanogenerator (TENG) that converts unused mechanical energy into useful electrical energy. Their device consisted of two triboelectric polymer films with metallic electrodes, which, when brought together and separated, resulted in charge separation and the development of an electric voltage sufficient to power small electronic devices.

Viewed as potential sustainable energy harvesters, efforts have been made to enhance the power output of TENGs by injecting charges to the surface of triboelectric films. However, charge recombination in the electrode and charge repulsion on the surface of the material prevents them from achieving high surface charge densities.