Lucid Air Courtesy: Lucid Motors Lucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehicle start-up tumbling 14% during after hours tra...
Tag: Climate
A New Climate City In A Big Oil State – Saudi Arabia – Is It Future Or Fantasy.
A citizen walks along a waterfront oil refinery plant in Saudi Arabia. (Photo by Liaison) Getty Images Reading about this futuristic vision may provide a temporary respite from the calamities of war. ...
Climate Change Worse Than Expected, UN Report Finds
Topline Human-driven climate change is already causing widespread devastation and the world has a “brief and rapidly closing window to secure a liveable future,” according to the latest assessment of ...
Deep Dive On Climate As Sea Levels – And Wars
Finding Beauty in A Broken World Shelby Chen It was a strange but premonitory connecting of dots. As Russia invaded Ukraine, I was sitting in a 3-day ‘deep dive’ at Harvard, learning from some of the ...
US offshore wind auction in NY, NJ raises a record $4.37 billion
Offshore wind farm. davee hughes uk | Moment | Getty Images The federal government on Friday announced a record $4.37 billion sale of six offshore wind leases off the coasts of New York and New Jersey...
Europe installed a record amount of wind power in 2021
New wind turbines being built at a wind farm in Germany on October 12, 2021. Sean Gallup | Getty Images News | Getty Images Europe installed 17.4 gigawatts of wind power capacity in 2021, according to...
Biden administration pausing new oil and gas leases amid legal battle
An oil pumpjack (L) operates as another (R) stands idle in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration is delaying decisi...
Hydrogen generation could become $1 trillion market: Goldman Sachs
The pump of a hydrogen refueling point at a gas station in Berlin, Germany, on Wednesday, Aug. 25, 2021. Krisztian Bocsi | Bloomberg | Getty Images Hydrogen has an important role to play in any transi...
USPS moves ahead with plan to spend billions on gas vehicles
A U.S. Postal Service worker prepares packages for delivery during Cyber Monday in the SoHo neighborhood of New York, on Monday, Nov. 29, 2021. Angus Mordant | Bloomberg | Getty Images The U.S. Postal...
Climate Change Could Drive Wildfire Risk Up 50% By End Of Century, UN Warns
Topline Global warming and changing land use is set to drive up the risk of extreme wildfires by 50% by 2100, according to a landmark report from the United Nations Environment Program (UNEP) publishe...
Tesla and EPA reach a settlement after Clean Air Act violations
An aerial view shows cars parked at the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Tesla has reached a settlement agreement with the U.S. Envi...
Toyota commissions Yamaha Motor to develop hydrogen-fueled engine
A Yamaha Motor Co., V8 hydrogen engine displayed in Japan, on Saturday, Nov. 13, 2021. Toru Hanai | Bloomberg | Getty Images Toyota has commissioned Yamaha Motor to develop a hydrogen-fueled engine, w...
Tesla CEO Elon Musk accuses SEC of leaking information
Maja Hitij | Getty Images News | Getty Images Tesla CEO Elon Musk, via his attorney, accused the Securities and Exchange Commission of leaking information about a federal investigation in order to ret...
RWE, Tata Power to scope offshore wind projects in India
This image shows onshore wind turbines in Gujarat, India. Shiv Mer | Istock | Getty Images German energy giant RWE and India’s Tata Power on Monday announced a collaboration that will focus on d...
President of Central Bank of Peru Criticizes Crypto, Citing Lack of Intrinsic Value and Climate Change – Emerging Markets Bitcoin News
Julio Velarde, the president of the Central Bank of Peru, attacked the value of cryptocurrencies and referred to negative effects they are said to have on the environment. In a recent interview with l...
Speed up renewables investment to guarantee energy independence: CEO
The CEO of Portuguese utility EDP has linked the rapid adoption of renewables to Europe’s energy independence, telling CNBC that investment in the sector needed to be “much faster.” ...
Liquidation services resell returned items, a $644 billion business
Inside Liquidity Services’ 130,000-square-foot warehouse in Garland, Texas, the aisles aren’t lined with typical merchandise. Instead, they’re stacked with returns from Amazon, Targe...
Analyst say Ethereum price could fall to $1,700 if the current climate prevails
Bitcoin (BTC) and Ether (ETH) price are still being hard hit by the current wave of volatility and this is leading traders to go back to the drawing board and readjust their short-term expectations. O...
Texas led the country in new renewable energy projects last year
Transmission towers are shown on June 15, 2021 in Houston, Texas. The Electric Reliability Council of Texas (ERCOT), which controls approximately 90% of the power in Texas, has requested Texas residen...
Crypto For A Better Climate
February 10, 2022 / Envoverse is the DAO NFT initiative that wants to support the climate by donating the NFT profits to multiple impactful “save the climate” organizations. Envoverse, a DAO NFT initi...
Ford shares pop on report of potential spinoff of EV business
Ford CEO Jim Farley speaks with reporters outside the company’s world headquarters on May 19 in Dearborn, Michigan, following the debut of the electric F-150 Lightning pickup truck Michael Wayla...
Museums are in a race to save America’s treasures from climate change
The nation’s museums are facing increased flooding and more frequent wildfires, and all that history inside is at risk. The value at stake is incalculable. Now the rush is on to make the structu...
Intel CEO sees Bitcoin mining as a climate crisis
A few days ago, the CEO of Intel, Patrick Gelsinger, stated in an interview with Bloomberg that “Bitcoin is a climate crisis”. Bitcoin’s power consumption problem according to Intel He said that a si...
Airbus CEO says hydrogen plane is ‘the ultimate solution’
A model of one of Airbus’ ZEROe concept aircraft displayed in Hamburg, Germany, on 18 January 2022. Marcus Brandt/dpa | picture alliance | Getty Images Aviation could face substantial challenges...
Intel CEO Calls Bitcoin a ‘Climate Crisis’
Intel CEO Patrick Gelsinger has criticized Bitcoin ‘s impact on the climate during a recent interview with Bloomberg. “A single ledger entry in Bitcoin consumes enough energy to power you...
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis – Coinotizia
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high ener...
Green hydrogen demo that will use offshore wind planned for North Sea
No-Mad | iStock | Getty Images German power firm RWE has signed an agreement with Neptune Energy to develop a green hydrogen demonstration project in the Dutch North Sea, targeting an electrolyzer cap...
Walmart’s InHome hunts for ways to ditch single-use plastics
Walmart is trying to reduce its reliance on single-use plastic bags. It has a pilot program through its subscription grocery service, InHome. Nicholas Pizzolato When Walmart rolled out a new grocery d...
EVs dominated Super Bowl ads, but only 9% of passenger car sales
Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker’s showroom in Beijing, China January 5, 2021. Tingshu Wang | Reuters Six of...
Western drought fueled by climate change is the worst in 1,200 years
A dried cracked lake bed at Lake Oroville during a drought in Oroville, California, U.S., on Monday, Oct. 11, 2021. David Paul Morris | Bloomberg | Getty Images The megadrought gripping the American W...
What To Make Of The Labor Department’s Request For Comment On Protecting Retirement Assets From Climate Risks
Springs Fire In Southern California Gains Strength, Continues To Threaten Homes. (Photo by David … [+] McNew/Getty Images) Getty Images The U.S. Department of Labor announced on Friday publicati...