Climate
Pictures show floods ravaging Central and Eastern Europe as death toll rises
Floods brought on by days of heavy rainfalls have been ravaging countries including Poland, Romania, the Czech Republic and Austria, with thousands of people being evacuated as the death toll rises. Austrian Chancellor Karl Nehammer on Monday said in a post on social media platform X, that was translated by CNBC, that two more people […]
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Rising floodwaters trigger evacuations in Czech Republic and Poland
A person wades through a flood-affected road, following heavy rainfall in Jesenik, Czech Republic, September 15, 2024. David W Cerny | Reuters Another night of torrential rains pounding Central Europe forced massive evacuations in the hardest hit areas in the Czech Republic, where floods reached extreme levels on Sunday. Meteorologists have warned the situation still […]
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How one climate startup aims to use AI to protect the power grid
As fires intensify in the western United States, utility companies are on the front lines, working to protect the power lines that serve millions of customers. And as the frequency of fires and severe storms increases, so does the amount of technology that utility companies use to keep things running. The U.S. has roughly 5.5 […]
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Clean energy sector looks to create even more jobs after the election — regardless of who wins
As presidential nominees Vice President Kamala Harris and former President Donald Trump prepare to face off in their first debate Tuesday night, voters will be tuning in for clarity on their plans to handle issues including the economy, inflation and job growth. One sector that faces particular uncertainty after the election is clean energy, which […]
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SEC charges Keurig Dr Pepper for making inaccurate claims about K-Cups’ recyclability
Green tea pod is visible inside a Keurig brand coffee maker, Lafayette, California, December 17, 2022. Photo courtesy Sftm. Gado | Archive Photos | Getty Images The Securities and Exchange Commission has charged Keurig Dr Pepper for making inaccurate claims about the recyclability of its disposable K-Cup pods, the agency said Tuesday. Keurig has agreed […]
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Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification
Khalid Al-Falih, Saudi Arabia’s investment minister, during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 8, 2023. Bloomberg | Bloomberg | Getty Images Saudi Minister of Investment Khalid al-Falih pushed back against skepticism over the country’s economic diversification plan, as Riyadh touts “green shoring” investment opportunities to woo foreign financing. “There was many […]
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The world just sweltered through its hottest summer on record for the second year running
A man uses an umbrella for shade in Seoul on August 14, 2024, during a prolonged heatwave which has gripped much of the country. Anthony Wallace | Afp | Getty Images The summer of 2024 was the hottest on record, according to the European Union’s climate monitor, extending an alarming run of temperature records that […]
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Water shortages are likely brewing future wars — with several flashpoints across the globe
A ship stranded in the growing salt flats of Lake Urmia in Iran. Hamed | Afp | Getty Images The diminishing availability of water resources across the globe should be considered one of the most pressing environmental security challenges of the century. That’s the view of one military geography and environmental security specialist, who recently […]
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Sweden’s Volvo Cars scraps plan to only sell electric vehicles by 2030
The chip shortage took its toll on the auto industry, which has become increasingly reliant on semiconductors. Mikael Sjoberg | Bloomberg | Getty Images Swedish automaker Volvo Cars on Wednesday abandoned its near-term goal of only selling electric vehicles, citing a need to be “pragmatic and flexible” amid changing market conditions and cooling demand. Volvo […]
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Tesla Cybertruck is in a category of its own for better or worse
A Tesla Cybertruck in front of a graffiti mural on Aug. 28, 2024 in Detroit. Michael Wayland / CNBC DETROIT – Spaceship. Dream car. UFO. Dumpster. Cool. Stupid. Phenomenal. Abomination. Those were all words used to describe the Tesla Cybertruck during a 24-hour rental of the vehicle in metropolitan Detroit. They were expressed by strangers, […]
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