Toyota says it will invest extra $2.5 billion in North Carolina plant

A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The firm is trying to make headway in the increasingly competitive electric vehicle market. Toru Hanai | Bloomberg | Getty Images ...

Europe’s extreme weather risks smaller harvests and higher food prices

British farmers have warned that the country’s hot and dry conditions will inevitably lead to smaller harvests this year. Planet One Images | Universal Images Group | Getty Images In a typical y...

G20 faces ‘tough’ negotiations on climate

U.S Special Presidential Envoy for Climate John Kerry (right) with President of COP26 Alok Sharma at the G-20 Joint Environment and Climate Ministers’ Meeting in Nusa Dua, Indonesia’s Bali...

Mississippi governor declares emergency amid Jackson water crisis

An SUV rests in flood waters in this northeast Jackson, Miss., neighborhood, Monday, Aug. 29, 2022. Rogelio V. Solis | AP Residents of Jackson, Mississippi, the state’s capital and largest city,...

Lucid and Nikola file to raise additional cash

Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle makers Lucid Group and N...

EV makers face cash squeeze amid soaring battery, production costs

Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC In the transition from gas-powered vehicles to electric, the fuel ...

Greenland ice loss will raise sea levels by nearly one foot: study

Icebergs float in the Baffin Bay near Pituffik, Greenland on July 15, 2022 as captured from the ground during a NASA mission along with University of Texas scientists to measure melting Arctic sea ice...

“climate change has a clear impact on inflation”

“If more and more climate disasters, droughts and famines occur throughout the world, there will be repercussions on prices, on insurance premiums and on the financial sector,” said Christine Lagarde ...

ECB President Christine Lagarde Blames Climate Change for Europe’s Torrid Inflation – Economics Bitcoin News

According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During he...

Japan is pivoting to more nuclear power — the IEA says it’s good news

This image, from March 2022, shows wind turbines in front of the Hamaoka Nuclear Power Station in Japan. The country is now planning to use more nuclear power in the years ahead. Korekore | Istock | G...

California bans the sale of new gas-powered cars by 2035

A charging port on a 2022 Lincoln Corsair Grand Touring plug-in hybrid vehicle during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, Nov. 18, 2021. Bing Guan | Bloomber...

Norway invests in Indian solar project, sees it as a priority market

India is targeting a major ramp up of its renewable energy capacity, but achieving its aims represents a big challenge. Puneet Vikram Singh | Moment | Getty Images Norway’s Climate Investment Fu...

Inflation Reduction Act could cut climate damages by $1.9 trillion

President Joe Biden signs The Inflation Reduction Act with (left to right) Sen. Joe Manchin, D-WV; Senate Majority Leader Chuck Schumer, D-NY; House Majority Whip James Clyburn, D-SC; Rep. Frank Pallo...

Flash flooding in Texas forces road closures and rescues

Brooke Conley looks for personal items to salvage at her flooded wellness studio in the Fair Park section of Dallas, Tuesday, Aug. 23, 2022. Residents are cleaning up the day after heavy rains across ...

Japan just signaled a big shift in its post-Fukushima future

Japanese Prime Minister Fumio Kishida photographed during a news conference on Wednesday, Aug. 10, 2022. Rodrigo Reyes-Marin | Bloomberg | Getty Images The prime minister of Japan said Wednesday that ...

Twelve makes jet fuel from CO2; signs deal with Microsoft, Alaska Air

Sustainable aviation fuel, commonly called SAF, has so far been expensive to produce, but new startups are now creating clean fuels out of carbon at a much cheaper cost. Now, new tax credits for clean...

Australian bank to scrap loans for new diesel and gasoline cars

Cars and buses in Sydney, Australia, on Monday, May 25, 2020. Authorities in the country are looking to set up a National Electric Vehicle Strategy. Brendon Thorne | Bloomberg | Getty Images An Austra...

Biden Signs Climate Bill, How Long-Range EVs Work And Defeating Forever Chemicals

This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. The Washington Post via Getty Images Afte...

China issues first national drought emergency scorching temperatures

The Jialing River bed at the confluence with the Yangtze River is exposed due to drought on August 18, 2022 in Chongqing, China. Vcg | Getty Images China issued its first drought emergency this year a...

Part 2–Markets And Climate Solution.

Smoke stacks and emissions from hard-to-abate steel mill in Baotou, Inner Mongolia, China. Corbis via Getty Images Below is Part 2 of an interview with Anna Douglas, CEO of SkyNano, which is aimed at ...

China’s heatwave could have knock-on effect on its economy: Economist

A citizen wearing a breathing mask to escape heat rides on the road on May 23, 2019 in China. The electricity load in the Chinese province of Henan reached a new record on Monday, primarily driven by ...

Why The Inflation Reduction Act’s SAF Tax Credit Won’t Be Enough To Stop Airline Emissions’ Rise

Air travel demand is increasing much more rapidly than the supply of sustainable aviation fuel. Getty Images By Robbie Bourke and David Kaplan Robbie is a partner with Oliver Wyman’s aviation practice...

Dodge unveils electric muscle car concept Charger Daytona SRT

Dodge Charger Daytona SRT concept car Dodge DETROIT — Dodge on Wednesday unveiled a new concept car called the Charger Daytona SRT as a preview of its first all-electric muscle car, expected in 2024. ...

London to face water restrictions from next week, Thames Water says

A man walks in Greenwich Park, London, on August 14, 2022. On August 17, Thames Water said a Temporary Use Ban covering London and the Thames Valley would begin next week. Dominic Lipinski | PA Images...

Ford’s green bond sees $5 billion in demand as Biden signs climate bill

Investors swarmed over Ford Motor Co.’s new $1.75 billion green-bond deal on Tuesday to help boost its development of more electric vehicles. Order books for Ford’s F, +0.67% speculative-grade debt de...

BlackRock to invest over $700 million in Australian battery storage

Wind turbines in Australia. Earlier this year, a report from Australia’s Clean Energy Council said renewables were responsible for 32.5% of the country’s electricity generation in 2021. Jo...

Biden Signs Sweeping Climate And Health Care Package, Marking Major Victory

Topline President Joe Biden on Tuesday signed a climate, health and tax bill that he called “one of the most significant laws” in U.S. history, marking a major win for Biden’s domestic agenda after mo...

Ex-Goldman Sachs Executive Predicts Ethereum (ETH) Explodes Through $2,000 Level As Macro Climate Shifts

Former Goldman Sachs executive Raoul Pal says Ethereum (ETH) is on track for rallies as the macroeconomic environment becomes more favorable to crypto. In a new YouTube update, Pal tells Real Vision F...

Polestar 6 roadster confirmed for 2026 production

Polestar O2 electric roadster concept Source: Polestar Swedish electric vehicle maker Polestar said Tuesday that a popular electric roadster that it showed off earlier this year will officially go int...

Stock-buyback tax to be signed into law under Democrats’ climate change and health care bill

WASHINGTON (AP) — Democrats have pulled off a quiet first in their just-passed legislation addressing climate change and health care: the creation of a tax on stock buybacks, a cherished tool of Corpo...

SoftBank-backed Ola Electric wants to launch India-built EV in 2024

Ola CEO Bhavish Aggarwal appears on screen during a presentation in August 15, 2021. The company’s EV-arm, Ola Electric, plans to launch an electric car in 2024. Samyukta Lakshmi | Bloomberg | G...

Investors flock to green energy funds as Congress passes climate bill

The expansion of renewables comes at a time when concerns about the speed of the planet’s shift away from fossil fuels have been heightened following Russia’s invasion of Ukraine. Imaginim...