Environment
CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap
The all-electric Chevrolet Silverado at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – The CEOs of General Motors, Ford Motor, Chrysler parent Stellantis and Toyota Motor North America are urging Congress to lift the federal government’s cap on the number of vehicles that are eligible for a tax credit […]
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Tesla fires Singapore country manager after Elon Musk warns of job cuts
Christopher Bousigues, the Singapore country manager from Tesla, said that his role has been cut as part of a global reduction in the electric carmaker’s workforce. Bousigues said he was responsible for launching the Model Y in Singapore. Bing Guan | Bloomberg | Getty Images Tesla has laid off its Singapore country manager just over […]
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Global food prices are soaring. Rice could be next
The spider web rice fields in Flores, Indonesia. The United Nations’ Food and Agriculture Organization Food Price Index shows international rice prices creeping up for the fifth straight month to reach a 12-month high, according to the latest May data published last week. Tanutkij Wangsittidej Food prices have been on the rise in the past […]
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Scientists find microplastics in fresh Antarctic snow for first time
David Merron Photography | Moment | Getty Images Scientists have found microplastics in fresh snowfall in Antarctica for the first time, highlighting the extent of global plastic pollution as even the most remote regions experience contamination. Researchers from the University of Canterbury in New Zealand gathered samples of snow from 19 different sites in the […]
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Exxon Mobil hit an all-time high this week. Here’s what comes next for the energy colossus, according to analysts
Shares of Exxon Mobil reached new highs this week, but Wall Street analysts think the energy stock could remain around these same levels a year from now. Exxon on Wednesday closed at a new all-time high of $104.59, breaking above $100 this week for the first time since 2014. The stock is among the top […]
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Investment banks say it’s time to get back into China, with Goldman naming 10 top stocks
China’s reopening after weeks of big-city lockdowns is “enticing” investors, according to HSBC , while Goldman Sachs has named a raft of stocks it says are at attractive valuations. Both Shanghai and Beijing have started to relax their Covid restrictions after weeks of strict lockdowns. This opening-up — combined with soaring government investment and plummeting […]
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John Kerry says clean energy transition is the largest market the world has ever seen
Special Presidential Envoy for Climate John Kerry listens as President Gabriel Boric Chile speaks before a signing ceremony for the “International Coalition to Connect Marine Protected Areas” at the CEO Summit of the Americas on June 09, 2022 in Los Angeles, California. The CEO Summit entered its’ second day of events alongside the Summit of […]
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GM and Lockheed are taking their lunar rover project to the commercial space market
MILFORD, Mich. — General Motors and Lockheed Martin said Thursday they plan to produce an array of moon-roving vehicles for commercial space missions and services powered by the automaker’s electric vehicle battery technology. The companies said they plan to test the batteries in space later this year, with the goal of having their first vehicle […]
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Goodbye gasoline cars? EU lawmakers vote to ban new sales from 2035
Traffic in Paris, France, on May 12, 2020. The European Parliament now supports the European Commission’s goal of a 100% cut in emissions from new passenger cars and vans by 2035. Ludovic Marin | AFP | Getty Images European lawmakers have voted to ban the sale of new diesel and gasoline cars and vans in […]
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Biden announces standards to make electric vehicle charging stations accessible
U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasoline prices, during remarks in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, March 31, 2022. […]
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