Canada’s oil sands have a big year ahead of them

As Canada ramps up efforts to meet its lofty decarbonization goals, the country’s oil sands are scrambling to keep up.
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Europe’s natural gas miracle

The (figurative, economic) storm clouds are starting to break in Europe as peak inflation has come and gone—thanks to sliding natural gas prices.
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Catchin’ cleaner flights

Wouldn’t you love to fly across the world knowing you weren’t also contributing to climate change? Well, soon that dream could become a reality.
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Solar is taking over

Solar power will overtake coal as the world’s largest source of electricity by 2027, according to a new International Energy Agency (IEA) report.

Why it matters: The rapid growth of solar power as a part of the world’s energy mix (it accounted for less than 1% of power capacity in 2010) is revolutionizing how the world generates its electricity. 

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Scientists make fusion breakthrough

The promise of abundant, clean, and cheap energy has been a staple of sci-fi forever, but a breakthrough by scientists at a US laboratory could make that dream a reality. 

What happened: A team of researchers at California’s Lawrence Livermore National Laboratory generated a net energy gain in recent fusion experiments, per the Financial Times
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Europe bans Russian oil

Western efforts to starve Russia of its oil revenue kick into a new gear today with a double-pronged attack on its energy exports. 

Driving the news: A European ban on the seaborne import of Russian oil came into effect today, along with a G7-imposed price cap meant to stop other countries from buying Russian oil at high prices.
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Canada’s first economic espionage

For the first time in Canadian history, the RCMP has laid down charges for economic espionage, in a story that feels ripped from the pages of a paperback spy thriller.
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Oh, there’s natural gas after all

Remember when Europe faced those “unprecedented risks” to its natural gas supply earlier this month? That was then. Now, the continent is basically swimming in it.
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The new nuclear age

You can definitely call it a comeback: Nuclear power is back in vogue.

Canada-based Cameco and Brookfield Asset Management’s renewables division have buddied up to buy nuclear company Westinghouse Electric for US$7.9 billion amid a global frenzy to find climate-friendly alternatives to Russian energy, per The Wall Street Journal
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No oil for Joe Biden

OPEC+, the Saudi-led energy cartel that accounts for 40% of the world’s oil supply, will cut its collective output by an amount that roughly amounts to 2% of global output.
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