Climate

Philippines battles to contain oil spill as tanker sinks, leaving one dead
World

Philippines battles to contain oil spill as tanker sinks, leaving one dead

Aerial view of a ship at sea. Suriyapong Thongsawang | Moment | Getty Images A tanker carrying 1.4 million liters of industrial fuel capsized off the coast of Philippines, leading to one casualty and a vast oil spill, local authorities said Thursday. The Philippine-flagged MT Terra Nova submerged 3.6 nautical miles east off Limay, Bataan […]

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World shatters heat record for the second time in just two days
World

World shatters heat record for the second time in just two days

A worker, called ‘torchers’, works in a charcoal production during scorching heat exceeding 40 degrees Celsius in Diyarbakir, Turkiye on July 18, 2024. Anadolu | Anadolu | Getty Images The world registered its hottest day on record for the second time in just two days, according to the latest data compiled by the European Union’s […]

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World logs hottest day since records began — with fresh highs expected in the coming months
World

World logs hottest day since records began — with fresh highs expected in the coming months

Italy extreme weather 230724 EU Nurphoto | Nurphoto | Getty Images The world’s average temperature climbed to its highest level ever recorded on Sunday, according to the European Union’s climate monitor. The EU’s Copernicus Climate Change Service (C3S) found that the global average surface temperature rose to 17.09 degrees Celsius (62.76 degrees Fahrenheit) on July […]

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SunPower stock collapses below  as company halts leases, installations and shipments
World

SunPower stock collapses below $1 as company halts leases, installations and shipments

Workers install solar panels during a SunPower installation on a home in Napa, California, US, on Monday, July 17, 2023.  David Paul Morris | Bloomberg | Getty Images SunPower stock collapsed 70% this week after the company informed dealers that it will no longer support new leases, installations or product shipments, with analysts largely writing […]

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‘Loophole’ may get you a ,500 tax credit for leasing an EV, auto analysts say
Finance

‘Loophole’ may get you a $7,500 tax credit for leasing an EV, auto analysts say

Key Points The Inflation Reduction Act has a few provisions related to tax credits for electric vehicles. Consumers can get a $7,500 tax credit for buying a new EV. It may be challenging for cars and/or buyers to qualify due to certain requirements. It may be easier to get a $7,500 credit by leasing an […]

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Many Americans think they’re insulated from climate change. Their finances indicate otherwise
Finance

Many Americans think they’re insulated from climate change. Their finances indicate otherwise

Key Points Just 55% of Americans believe global warming will “hurt them a moderate amount,” according to a new study by Stanford University and Resources for the Future. Climate change is already having a financial impact on most Americans, economists said. Higher insurance rates for homeowners, inflation for groceries, and lost earnings due to heat […]

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This cement startup says it goes beyond net zero to true zero carbon emissions
Technology

This cement startup says it goes beyond net zero to true zero carbon emissions

Next to water, concrete is the most commonly used material on earth. But the traditional way to create its prime ingredient, cement, is not kind to the planet. The global cement production industry accounts for about 8% of carbon emissions annually. It’s usually made by heating limestone, a carbonate rock, using fossil fuel-fired kilns. That’s […]

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Beryl bears down on Texas, where by it is envisioned to strike right after regaining hurricane strength
World

Beryl bears down on Texas, where by it is envisioned to strike right after regaining hurricane strength

A see reveals damage prompted by Hurricane Beryl on Union Island, Saint Vincent and the Grenadines, in this undated handout photograph acquired by Reuters on July 5, 2024.  J Crichlow-Augustine | Intercontinental Group for Migration | By using Reuters Beryl was hurtling across the warm waters of the Gulf of Mexico on a collision class with Texas, […]

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Beryl established to bolster on method to Texas owing to warm ocean temperatures
World

Beryl established to bolster on method to Texas owing to warm ocean temperatures

With its unprecedented tear by means of the ultrawarm waters of the southeast Caribbean, Beryl turned meteorologists’ worst fears of a souped-up hurricane time into grim truth. Now it’s Texas convert. Beryl hit Mexico’s Yucatan Peninsula as a Classification 2 hurricane on Friday, then weakened to a tropical storm. It can be expected to achieve […]

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Hurricane Beryl breaks data in devastating route throughout the Caribbean
World

Hurricane Beryl breaks data in devastating route throughout the Caribbean

Brad Reinhart, Senior Hurricane Professional at the Countrywide Hurricane Centre, works on monitoring Hurricane Beryl, the 1st hurricane of the 2024 year, at the Nationwide Hurricane Middle on July 01, 2024 in Miami, Florida.  Joe Raedle | Getty Pictures News | Getty Images Hurricane Beryl has been declared the strongest-at any time hurricane in July, […]

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