Climate

VW and Goldman-backed battery maker Northvolt gets .1 billion funding injection
Business

VW and Goldman-backed battery maker Northvolt gets $1.1 billion funding injection

Northvolt’s most recent funding announcement comes at a time when major economies are laying out plans to move away from vehicles that use diesel and gasoline. Mikael Sjoberg | Bloomberg | Getty Images Electric vehicle battery maker Northvolt on Tuesday announced a $1.1 billion funding boost, with a range of investors — including Volkswagen and […]

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California federal judge throws out Trump-era changes that weakened Endangered Species Act
Business

California federal judge throws out Trump-era changes that weakened Endangered Species Act

A Mexican gray wolf leaves cover at the Sevilleta National Wildlife Refuge, Socorro County, N.M. Jim Clark | U.S. Fish and Wildlife Service via AP A California federal judge on Tuesday threw out Trump-era changes to the landmark Endangered Species Act, voiding regulations that made it harder to protect wildlife from the effects of human development […]

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Italy just declared a state of emergency because of drought: ‘There is no doubt that climate change is having an effect,’ the prime minister said
Business

Italy just declared a state of emergency because of drought: ‘There is no doubt that climate change is having an effect,’ the prime minister said

This picture taken on July 2, 2022 in Rome shows the low water level of the river Tiber near the Vittorio Emanuele II bridge, revealing an ancient bridge built under Roman Emperor Nero (Bottom). Andreas Solaro | AFP | Getty Images The Italian government declared a state of emergency on Monday in five regions because […]

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Australia floods worsen as thousands more flee Sydney homes
World

Australia floods worsen as thousands more flee Sydney homes

State Emergency Service and Rural Fire Brigade volunteers are seen during the evacuation of residents from the Woronora River area as floodwaters rise on July 04, 2022 in Sydney, Australia. Sean Foster | Getty Images News | Getty Images Torrential rains kept battering Australia’s east coast on Tuesday, intensifying the flood crisis in Sydney as […]

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The world’s most powerful tidal turbine just got a major funding boost
Business

The world’s most powerful tidal turbine just got a major funding boost

Orbital Marine Power’s O2 turbine at the Orkney Islands, north of the Scottish mainland, in September 2021. Scotland has become a hub for companies and projects focused on tidal power and marine energy in general. William Edwards | AFP | Getty Images Scottish engineering firm Orbital Marine Power said Monday it secured £8 million ($9.64 […]

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Biden opens the possibility of more offshore oil drilling in the Gulf of Mexico
Business

Biden opens the possibility of more offshore oil drilling in the Gulf of Mexico

An oil and gas drilling platform stands offshore as waves churned from Tropical Storm Karen come ashore in Dauphin Island, Alabama, October 5, 2013. Steve Nesius | Reuters The Biden administration released a five-year offshore oil and gas drilling development plan on Friday that would block all new drilling in the Atlantic and Pacific Oceans […]

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Russian and Chinese designs dominate nuclear reactors, warns IEA chief
World

Russian and Chinese designs dominate nuclear reactors, warns IEA chief

A visitor (R) learns about huaneng’s high-temperature gas-cooled reactor model at the China International Nuclear Power Industry and Equipment Exhibition 2021 in Yantai, Shandong Province, China, Oct. 19, 2021. Future Publishing | Future Publishing | Getty Images Nuclear power could be a dominant player in the next-generation clean energy landscape, but that will require concerted […]

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The Supreme Court’s EPA ruling is a big setback for fighting climate change, but not a death knell
Technology

The Supreme Court’s EPA ruling is a big setback for fighting climate change, but not a death knell

Steam rises from the cooling towers of the coal-fired power plant at Duke Energy’s Crystal River Energy Complex in Crystal River, Florida, U.S., March 26, 2021. Dane Rhys | Reuters On Thursday, the Supreme Court changed the rules of the game in the race to limit global warming by constricting the Environmental Protection Agency’s authority […]

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Chinese automaker Nio reports record EV sales in June as Covid wave fades, but it still lags XPeng and Li Auto
Business

Chinese automaker Nio reports record EV sales in June as Covid wave fades, but it still lags XPeng and Li Auto

Nio’s ES7 sports utility vehicle adds another competitor to Tesla’s Model X and Model Y in China. Nio Chinese electric-vehicle maker Nio reported Friday that it delivered nearly 13,000 vehicles in June, up 60% from a year ago, as China’s auto industry continued to rebound after months of pandemic-related disruptions. Its total deliveries of 12,961 […]

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Natural gas drops 16%, posts worst month in more than three years
World

Natural gas drops 16%, posts worst month in more than three years

A liquid natural gas (LNG) tank. Artinun Prekmoung / Eyeem | Eyeem | Getty Images U.S. natural gas futures plunged below $6 per million British thermal units on Thursday, after an inventory report showed a larger-than-expected storage build, sparking fears of an oversupplied market. Henry Hub futures declined 16.53% to settle at $5.42 per million […]

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