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BBCNEWS Verified July 4, 2024

July saw the world heating up. Now political debates around energy and Climate Change also hotting up too. The government has said it will back hundreds of new licences for oil and Gas Production sites like this in the north sea. It has also confirmed it will support two new Carbon Capture and storage projects in northeast scotland and the humber. These would capture Carbon Dioxide where fossil fuels are burned and pipe it under the sea to store it. Climate campaigners fear it is a tactic to kee...
Matthew Amroliwala The Uk S North Sea Fossil Fuels Prime Minister Climate Change

BBCNEWS Verified July 4, 2024

First, heres our Political Correspondent ione wells reports. July saw the world heating up. Now, political debates around energy and Climate Change also hotting up, too. The government has said it will back hundreds of new licences for oil and Gas Production sites like this in the north sea. Its also confirmed it will support two new Carbon Capture and storage projects in northeast scotland and the humber. These would capture Carbon Dioxide where fossil fuels are burned and pipe it under the sea...
Northwest England 6 5 Matthew Amroliwala Prime Minister The Uk S North Sea

BBCNEWS Verified July 4, 2024

Energy and Climate Change are hotting up too. The government has said it will back hundreds of new licences for oil and Gas Production sites like this in the north sea. Its also confirmed it will support two new Carbon Capture and storage projects in northeast scotland and the humber. These would capture Carbon Dioxide where fossil fuels are burned and pipe it under the sea to store it. Climate campaigners fear it is a tactic to keep the Fossil Fuel Industry in business. The Prime Minister on a ...
Matthew Amroliwala Prime Minister The Uk S North Sea Boost Britain Energy Independence

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Nvidia's profit soars, underscoring dominance in chips for artificial intelligence

SAN FRANCISCO — Nvidia on Wednesday overshot Wall Street estimates as its profit skyrocketed, bolstered by the chipmaking dominance that has made the company an icon of the artificial intelligence boom. Its net income rose more than sevenfold compared to a year earlier, jumping to $14.88 billion in its first
Jacob Bourne Santa Clara Lucas Keh Jensen Huang Intel Corp Nvidia Corp

Nvidia profit: Nvidia profits soar on demand for AI power

Nvidia said Wednesday its quarterly net profit rocketed by seven times year-on-year on demand for its chips to power artificial intelligence in data centers. The California-based company reported a net profit of $14.9 billion, while its revenue of $26 billion was almost four times what it took in during the same fiscal quarter last year.
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