Climate
Polestar confirms it will deliver 50,000 electric vehicles in 2022
Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the company’s first SUV. Courtesy: Polestar Swedish electric vehicle maker Polestar said Friday that it is still on track to deliver 50,000 vehicles in […]
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Silicon Valley VC has been investing in local climate tech for a decade — here’s what he is into now
Zachary Bogue, co-managing partner for Data Collective LLC, speaks all through the Long run of Innovation: Highlight on Synthetic Intelligence Meeting in San Francisco, California, U.S., on Thursday, June 22, 2017. The sector for AI technologies is estimated to generate far more than $60 billion in productivity improvements for U.S. organizations each year. Bloomberg | […]
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United Airlines is aiming to have electric planes flying by 2030
An United Airlines seen at LaGuardia International Airport in New York. Adam Jeffery | CNBC United Airlines is aiming to have electric aircraft flying regional routes by the end of the decade, part of the company’s goal to fully reduce its carbon footprint to net zero by 2050. Those battery-powered aircraft are being developed by Swedish […]
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How this popular Jeff Bezos quote drives Amazon’s climate goals
Amazon CEO Jeff Bezos announces the co-founding of The Climate Pledge at the National Press Club on September 19, 2019, in Washington. Paul Morigi | Getty Images | Amazon Even while Jeff Bezos has stepped away from day-to-day operations at Amazon, his lessons still echo in the halls there. One of those business mantras is […]
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Mercedes-Benz CEO says luxury drivers will help spur the transition to electric vehicles
A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters Mercedes-Benz CEO Ola Kallenius told CNBC’s Jim Cramer that while he thinks there will be a market for vehicles with internal combustion engines for a […]
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Rivian needs to sharply ramp up EV production to meet 2022 targets — Wall Street is betting it can
A Rivian R1T truck body lowered onto a chassis in the assembly line at the Rivian electric vehicle plant in Normal, Illinois. Georgia is giving the company $1.5 billion in subsidies to bring a new $5 billion EV plant to the southern state. Brian Cassella | Tribune News Service | Getty Images Electric vehicle startup […]
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Europe’s gas storage is almost full for winter. But the IEA fears next year may be very difficult
A German gas storage facility photographed in September 2022. European countries are attempting to wean themselves off Russian gas following the Kremlin’s invasion of Ukraine. Krisztian Bocsi | Bloomberg | Getty Images The executive director of the International Energy Agency on Wednesday said that while Europe’s gas storage for this winter was nearly full, the […]
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Virtually fifty percent of the coal industry is still on an enlargement program in ‘reckless’ mining rush
The burning of fossil fuels these as coal, oil and gas is the chief driver of the climate disaster. Vcg | Visual China Group | Getty Visuals Almost 50 % of the coal marketplace intends to create new assignments to exploit the world’s dirtiest fossil gasoline, according to German marketing campaign team Urgewald, with many […]
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Why the ESG vs. GOP war over energy and climate change is going nowhere
Wall Street is no stranger to culture wars, dating to William Jennings Bryan and the 19th-century free silver movement. Today’s version: The push by conservative states to make state pension funds stop doing business with money managers who use their power to press companies to cut carbon emissions. There’s a list of reasons to suspect […]
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France’s nuclear electrical power tactic — after its pride and pleasure — faces massive issues this winter
French Energy Minister Agnes Pannier-Runacher reportedly claimed past month that EDF was committed to restarting all its nuclear reactors this winter. Jean-marie Hosatte | Gamma-rapho | Getty Pictures France faces a wintertime of discontent, strength analysts say, as deep-rooted challenges with its nuclear-major electricity strategy raise really serious concerns about its preparedness for the colder […]
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