Climate
More human remains are found in receding reservoir near Las Vegas
A formerly sunken boat is currently stuck nearly upright in a now-dry section of lakebed at the drought-stricken Lake Mead on June 23, 2022 in the Lake Mead National Recreation Area, Nevada. The U.S. Mario Tama | Getty Images Lake Mead, a federal park as well as the country’s largest reservoir, has unveiled yet more secrets as […]
Read More
Senate passes sweeping climate, health and tax package, putting Democrats on cusp of historic win
U.S. Senate Majority Leader Chuck Schumer (D-NY) holds a news conference to tout the $430 billion drug pricing, energy and tax bill championed by Democrats at the U.S. Capitol in Washington, U.S. August 5, 2022. Jonathan Ernst | Reuters WASHINGTON — Senate Democrats narrowly passed a sweeping climate and economic package on Sunday, putting President […]
Read More
Democrats’ big climate, health care and tax package clears major Senate hurdle
WASHINGTON — The Senate voted Saturday to advance a sweeping climate and economic bill with the support of all 50 Democrats, bringing long-stalled elements of President Joe Biden’s agenda one step closer to reality. The procedural vote on the filibuster-proof package was 51-50, with all Republicans opposing the motion to begin debate and Vice President Kamala […]
Read More
As climate change threatens more homes, some properties are getting too costly to insure
Firefighters pull up to a burning house during the Kincade fire in Healdsburg, California, on Oct. 27, 2019. Josh Edelson | Afp | Getty Images As climate change threatens the U.S. with more natural disasters, it’s becoming increasingly costly for Americans to insure their homes — and it’s only expected to get worse, according to […]
Read More
U.S. Senate Democrats’ bill will make mark on climate, health-care costs
U.S. Senate Majority Leader Chuck Schumer (D-NY) holds his weekly news conference after the Democratic caucus party luncheon at the U.S. Capitol in Washington, August 2, 2022. Jonathan Ernst | Reuters The $430 billion climate change, health-care and tax bill passed by the U.S. Senate on Saturday delivers a major win for Democrats, and will […]
Read More
SolarEdge is willing to sacrifice margins today to capture huge demand growth in Europe, CFO says
SolarEdge shares tumbled this week after the company’s second-quarter results showed a hit to margins from factory closures, higher transport costs and currency headwinds from the weakening Euro. But SolarEdge CFO Ronen Faier said lower margins now is the price to be paid for long-term growth in a market where demand is skyrocketing. “We have […]
Read More
Goldman Sachs doesn’t see nuclear as a transformational technology for the future
A nuclear power plant photographed in Germany, on August 4, 2022. Discussions about nuclear’s role in Europe’s biggest economy have been thrown into sharp relief following Russia’s unprovoked invasion of Ukraine in February. Lennart Preiss | Getty Images News | Getty Images Nuclear has a role to play in the years ahead but it should […]
Read More
Nikola’s revenue tops expectations on delivery of 48 electric trucks
Nikola Motor Company Source: Nikola Motor Company Nikola on Thursday reported revenue for the second quarter that beat Wall Street expectations as it delivered 48 of its electric heavy trucks. The company also reported a smaller-than-expected loss for the period. Here’s what the company reported compared with what Wall Street was expecting, based on a […]
Read More
Lordstown Motors expects limited production and deliveries of electric pickup in 2022
Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors assembly plant in Ohio. Michael Wayland | CNBC Embattled electric truck startup Lordstown Motors on Thursday reaffirmed plans to begin commercial production of its first vehicle this quarter and roll out the first […]
Read More
Nuclear power is on the brink of a $1 trillion resurgence, but one accident anywhere could stop that momentum
21 July 2022, Bavaria, Essenbach: Water vapor rises behind sunflowers from the cooling system of the nuclear power plant (NPP) Isar 2. Picture Alliance | Picture Alliance | Getty Images Nuclear energy is at an inflection point. Early exuberance about its potential was undercut by a series of devastating and dangerous accidents: Three Mile Island […]
Read More