Climate
Biden says he will act on climate change after Manchin opposes legislation
U.S. President Joe Biden holds a news conference before departing the NATO summit at the IFEMA arena in Madrid, Spain, June 30, 2022. Jonathan Ernst | Reuters President Joe Biden on Friday said he will move forward with his own efforts to combat climate change and curb greenhouse gas emissions, a day after Sen. Joe […]
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Solar stocks sink as Senator Manchin says he won’t support climate bill
Sunrun installer putting up solar electric panels on a residential rooftop in California. Source: Sunrun Solar stocks tumbled Friday after Sen. Joe Manchin said he will not support increased spending to address climate change, according to NBC News, citing a Democrat briefed on the conversations. The Invesco Solar ETF, which tracks the industry, was down […]
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UK issues ‘Red Extreme’ heat warning as parts of country brace for temperature surge
An office worker carries a large fan in central London on July 12, 2022. On Friday, the Met Office issued a Red Extreme heat warning for parts of the country. Yui Mok | PA Images | Getty Images The U.K. on Friday issued a “Red Extreme” heat warning, with authorities saying temperatures could potentially hit […]
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Manchin balks at climate and tax pieces of Biden agenda bill but backs health care provisions
Sen. Joe Manchin in the U.S. Capitol on Tuesday, June 14, 2022. Sen. Joe Manchin, D-W.Va., and his staff told Democratic leadership on Thursday that he’s not willing to support major climate and tax provisions in a sweeping Biden agenda bill, according to a Democrat briefed on the conversations. Tom Williams | Cq-roll Call, Inc. […]
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How two college friends launched a company that has helped save 32 terawatt hours of energy and more than $3 billion in energy bills
The founders of Opower, Daniel Yates and Alex Laskey. Brooks Kraft | Corbis News | Getty Images In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Before Alex Laskey launched an energy efficiency company in 2007, he was primarily working on political campaigns, “almost […]
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General Motors will build a network of EV fast chargers at Pilot travel centers along U.S. highways
General Motors is building out a new network of EV fast chargers in partnership with Pilot Co., owner of the Pilot and Flying J highway travel centers, and EV charging network EVgo. The companies will install a total of 2,000 fast chargers at 500 of Pilot’s locations along American highways at intervals of approximately 50 […]
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Hyundai unveils new Ioniq 6 EV — an ‘electrified streamliner’ with unique design
The newest electric vehicle from Hyundai Motor is a sedan with a unique bubbly design. The South Korean automaker unveiled the Ioniq 6 Wednesday night as an “electrified streamliner,” a nod to its aerodynamic design that Americans may know best through the design of an Airstream trailer. It’s a major shift in styling from the […]
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Panasonic reportedly building new factory in Kansas to produce batteries for Tesla and rest of EV industry
An aerial view of the Tesla Gigafactory near Sparks, Nevada Bob Strong | Reuters Panasonic is planning to build a new battery factory in Kansas to produce high-capacity cells for Tesla, according to a report out Wednesday from Nikkei Asia. Kansas Gov. Laura Kelly, a Democrat, has scheduled a news conference in Topeka today at […]
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Polestar says it’s still on track to deliver 50,000 vehicles this year despite Covid-19 disruptions
Attendees view a Polestar 2 electric vehicle (EV) during the Electrify Expo in Irvine, California, U.S., on Saturday, Sept. 18, 2021. Jill Connelly | Bloomberg | Getty Images Swedish electric vehicle maker Polestar said Wednesday that it still expects to deliver 50,000 vehicles in 2022, in line with its earlier guidance, despite Covid-related production challenges […]
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U.S. greenhouse gas emissions have caused over $1.8 trillion in global economic losses, study says
An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States on March 8, 2022. Tayfun Coskun | Anadolu Agency | Getty Images The U.S. and China, the world’s two greatest greenhouse gas emitters, have each caused global economic losses of more than $1.8 trillion from 1990 to 2014, according […]
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