The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Im...
Tag: Environment
Asia grapples with high underinsurance amid rise in climate disasters
Rescuers evacuate stranded people in the waterlogged urban area of Weihui City in Xinxiang, central China’s Henan Province, July 27, 2021. Li An | Xinhua News Agency | Getty Images The flooding ...
California officials warn state could face third consecutive dry year
In an aerial view, dry cracked earth is visible at Nicasio Reservoir on June 16, 2021 in Nicasio, California. Justin Sullivan | Getty Images California water officials warned on Tuesday that the state...
Bitcoin On-Chain Environment Suggesting Bullish Undertones, According to Analytics Firm Glassnode
Blockchain analytics firm Glassnode says that Bitcoin’s on-chain fundamentals have hints of bullishness, suggesting that recent market correction could be close to over. In its latest report, Glassnod...
Exxon (XOM) earnings Q4 2021
Exxon Mobil’s revenue jumped more than 80% year over year during the fourth quarter amid a rebound in oil and gas prices, the company said Tuesday. With Exxon now in a stronger financial positio...
Tesla climbs more than 10% on Monday after Credit Suisse upgrade
A Tesla mobile service vehicle outside a dealership in Vallejo, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images Shares in electric vehicle maker Tesla climbed...
Biden helping states plug orphan oil gas wells, cut methane emissions
Oil pumpjacks operate in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration on Monday announced it will send $1.15 billion to st...
Electric vehicle fires are rare, but hard to fight — here’s why
Electric vehicles provide a path to better air quality, reduced fuel costs and comprise a growing new category for automakers. But with the transition to electric transportation comes a new challenge:...
One of planet’s largest electrolyzers up and running
Animaflora | iStock | Getty Images A 20 megawatt hydrogen electrolyzer described as “one of the world’s largest” has begun operations, energy major Shell said Friday. Located in Zhan...
California in transformational moment to fight climate change
California Governor Gavin Newsom on Thursday said the state’s in a “transformational moment” to shift away from fossil fuels, as climate change continues to fuel devastating wildfire...
Diageo CEO: ‘we feel good about navigating inflationary environment’
Shares of Diageo plc (LON: DGE) are up 2.0% on Thursday after the British multinational reported solid profit for the first six months of fiscal 2022 on robust growth in higher-end brands. Highlights ...
EV manufacturing jumps in UK, overall production sinks to 65-year low
A Nissan Leaf on the forecourt of a dealership in Lincoln, U.K. Chris Ratcliffe | Bloomberg | Getty Images Car production in the U.K. slumped by 6.7% to just 859,575 units in 2021, new figures publish...
US wave energy projects get funding boost as plans for open-water testing take shape
lindsay_imagery | E+ | Getty Images The U.S. Department of Energy has announced $25 million in funding for eight projects focused on wave energy technologies. The DOE said the projects will be based o...
Tesla (TSLA) earnings Q4 2021
Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Tesla repor...
Los Angeles bans new oil and gas wells, will phase out old ones
A view of the Marathon Petroleum Corp’s Los Angeles Refinery in Carson, California, April 25, 2020. Robyn Beck | AFP | Getty Images The Los Angeles City Council on Wednesday voted to ban new oil...
Wind energy faces tough 2022 as supply chain issues persist: Vestas
Vestas wind turbines photographed in North Rhine-Westphalia, Germany, on 19 September, 2021. Horst Galuschka | picture alliance | Getty Images The wind energy sector faces a rocky road ahead due to a ...
Bentley to invest $3.4 billion to exclusively offer EVs by 2030
A rendering of Bentley’s new electric vehicle production operatins in Crewe, England. Bentley Bentley Motors plans to spend 2.5 billion pounds (about $3.4 billion) over the next decade to become...
Plans for floating wind energy projects off U.K.’s coastline get funding boost
This image, from 2018, shows a floating wind turbine in waters off the coast of France. SEBASTIEN SALOM GOMIS | AFP | Getty Images Eleven projects centered around floating wind technology are a step c...
McKinsey calculates capital spending required to reach net-zero by 2050
A wind farm shares space with corn fields in Latimer, Iowa, U.S. Jonathan Ernst | Reuters As the world grapples with a worsening climate change crisis, governments and companies are pledging to achiev...
Change is coming to business
From high-profile figures such as Greta Thunberg to events like the COP26 summit, discussions about sustainability, the environment and climate change are perhaps more visible than ever before. As the...
Lab-grown meat start-ups hope to make strides in 2022
Josh Tetrick, co-founder and CEO of cultivated meat start-up Eat Just, has a vision: He imagines a day when meat grown in a lab is available everywhere from Michelin-star restaurants to street vendors...
Buffett’s MidAmerican Energy plans $3.9 billion wind, solar project
This image from 2016 shows a wind turbine on property used by MidAmerican Energy’s Eclipse Wind Farm in Adair, Iowa. Daniel Acker | Bloomberg | Getty Images A subsidiary of Warren Buffett’...
Judge blasts PG&E as ‘continuing menace’ over wildfires
People take part in an event to hand-deliver 100,000 public comments from Californians throughout the state calling on Governor Newsom to reject proposals that penalize consumers for putting solar pan...
Witnesses Debate Crypto Mining’s Efficiency in Congressional Hearing on Environment
Rep. Cathy Rodgers (R-Wa.), who began the hearing with an off-topic speech about inflation, COVID and the current U.S. president, asked about the potential of blockchain to protect citizens’ privacy, ...
Union Pacific CEO: ‘strong pricing environment will continue in 2022’
Union Pacific Corp (NYSE: UNP) on Thursday reported better-than-expected results for its fiscal fourth quarter, resulting in a 3.0% increase in the stock price. Highlights from UNP’s Q4 earnings repor...
Best 4 dividend kings to buy in a high-interest rate environment
Dividend kings are companies that have successfully increased their payouts to investors for at least 50 straight years. They differ from dividend aristocrats, which are companies that have increased ...
Scotland’s offshore wind sector $951m boost after leasing round
Offshore wind turbines in waters near Aberdeen, Scotland. Gannet77 | E+ | Getty Images The Scottish offshore wind sector received a boost this week after a program to lease areas of Scotland’s s...
Bill Gates, John Kerry call for ‘urgent’ private sector climate action
Bill Gates speaks during the Global Investment Summit at the Science Museum on October 19, 2021 in London, England. Leon Neal | Getty Images News | Getty Images Bill Gates has stressed the urgent need...
Biden administration announces plan to confront worsening wildfires
US President Joe Biden (C) and First Lady Jill Biden (R) tour a neighborhood destroyed by the Marshall Fire alongside Boulder County Sheriff Joe Pelle (L) in Louisville, Colorado, January 7, 2022. Sau...