Climate
Croatian EV supercar maker Rimac raised 500 million euros to make parts for Big Auto rivals
Rimac Group, the Croatian company best known for its 1,900 horsepower Nevera electric sports car, said it has raised 500 million euros (about $537 million) from investors including Goldman Sachs, Porsche and a technology fund advised by Japan’s SoftBank. The new funding round values Rimac at over 2 billion euros. Rimac made headlines last year […]
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Death toll from Brazil floods at least 91, with dozens lost
An aerial view from Olinda region of Recife after floods and landslides caused by heavy rains in Pernambuco, Brazil on May 29, 2022. Authorities in northeastern Brazil’s Pernambuco state said Monday that 91 deaths have been confirmed from flooding over the weekend, with more two dozen people still missing. Diogo Duarte | Anadolu Agency | […]
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Man in wig throws cake at glass protecting Mona Lisa
An employee holds up the frame of an original early 19th century replica of the Mona Lisa, in Paris at the Christie’s auction house on November 9, 2021. A man seemingly disguised as an old woman in a wheelchair threw a piece of cake at the glass protecting the Mona Lisa at the Louvre Museum […]
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Egypt set for world’s sixth largest high-speed rail system with backing from Germany’s Siemens
A train passes through a station in Egypt. The project involving Siemens Mobility will use trains that can reach a top speed of 230 kilometers per hour, and the line will be fully electrified. Paulvinten | Istock | Getty Images A new high-speed rail line is coming to Egypt, with developer Siemens Mobility saying it […]
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This government lab in Idaho is researching fusion, the ‘holy grail’ of clean energy, as billions pour into the space
This is a close up view of an X-ray Photoelectron Spectroscopy system being used at the Idaho National Lab measuring surface chemistry on a potential candidate material to use for fusion. Masashi Shimada has been researching nuclear fusion since 2000, when he joined the graduate program at University of California San Diego. He’s currently the […]
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Airbus sets up UK-based facility that will focus on hydrogen tech for aircraft
A model of one of Airbus’ ZEROe concept planes, photographed in November 2021. The firm has said it wants to develop “zero-emission commercial aircraft” by the year 2035. Giuseppe Cacace | Afp | Getty Images Airbus is launching a U.K.-based facility focused on hydrogen technologies, a move which represents the firm’s latest attempt to support […]
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The Indo-Pacific Economic Framework: What it is — and why it matters
U.S. President Joe Biden formally introduced the Indo-Pacific Economic Framework, or IPEF, this week during his first Asia tour, revealing Washington’s long-awaited Asia-Pacific economic strategy. It comes five years after the U.S. unilaterally withdrew from the Trans-Pacific Partnership, a trade deal signed by 12 countries in Asia-Pacific, North America and South America. With the U.S. […]
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Biden moves to protect major Alaska watershed from mining
Humpaback whale in Bristol Bay, Alaska Enrique Aguirre Aves | Photodisc | Getty Images The Biden administration on Wednesday moved to ban the disposal of mining waste in Alaska’s Bristol Bay watershed, potentially halting the controversial Pebble Mine project that’s been disputed for more than a decade. If finalized, the proposal from the Environmental Protection […]
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SEC unveils rules to prevent misleading claims and enhance disclosures by ESG funds
Gary Gensler, chairman of the Securities and Exchange Commission, at the SEC headquarters in Washington, on July 22, 2021. Melissa Lyttle/Bloomberg via Getty Images The Securities and Exchange Commission on Wednesday proposed two rule changes that would prevent misleading or deceptive claims by U.S. funds on their environmental, social and corporate governance (ESG) qualifications and […]
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Electric vehicles are in short supply. Here’s what you can find as gas prices soar
Charging port for a Ford Motor Co. Mustang during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022. Al Drago | Bloomberg | Getty Images As gas prices hit record highs, some Americans might be tempted to go electric and ease the pain at the pump. But finding a shiny, new electric vehicle […]
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