Tag: global

Yellen warns China's surplus of solar panels, EVs could be dumped on global markets

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[ad_1] U.S. Treasury Secretary Janet Yellen testifies during a hearing before the Financial Services and General Government Subcommittee of the House Appropriations Committee at Rayburn House Office Building on Capitol Hill on March 21, 2024 in Washington, DC.  Alex Wong | Getty Images Treasury Secretary Janet Yellen on Wednesday warned that China is treating the global economy as a dumping ground for its cheaper clean energy products, depressing market prices and squeezing green manufacturing in the U.S. “I am concerned about global spillovers from the excess capacity that we are…

A global gold rush for buried hydrogen is underway — as hype builds over its clean energy potential

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A global gold rush, nations race to unearth geologic hydrogen, a long-overlooked resource touted as a key player in the shift away from fossil fuels. [ad_1] The team from the Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) took samples of natural buried hydrogen gas found in One Pute Jaya Village, Morowali Regency, Central Sulawesi Province, Indonesia, 23 October 2023. Nurphoto | Nurphoto | Getty Images A global gold rush is underway for a long-overlooked resource that advocates say could play a significant role in the shift…