Environment
Tesla could get special duties as part of higher China EV tariffs, EU says
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Tesla could be hit with a specially calculated duty on its cars produced in China and imported […]
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Additional than $1 billion in EV tax credits issued upfront to consumers, Treasury and IRS say
Vital Factors The federal government has issued more than $1 billion in tax credits for new and utilised electric motor vehicles as an upfront money incentive to motor vehicle customers, the Treasury Section and IRS said. The progress payments kicked in Jan. 1, 2024. The credits for new and employed automobiles, for a respective $7,500 […]
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Significant Oil given stark warning as peak crude and a significant offer surplus expected by 2030
An oil pumpjack is demonstrated in close proximity to the Callon Petroleum vicinity on March 27, 2024 in Monahans, Texas. Brandon Bell | Getty Illustrations or photos News | Getty Illustrations or photos The Intercontinental Energy Company claimed on Wednesday that a U.S.-led surge in world oil output is expected to outstrip demand from customers […]
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Taiwan’s power crunch could ‘throw a wrench’ into the world wide semiconductor field
A chip created by Taiwan Semiconductor Producing Firm TSMC Taiwan, the world’s semiconductor powerhouse, is going through a electrical power crunch — and this could spell problems for chipmakers. Production chips necessitates a whole lot of vitality and electrical energy, and the authorities is struggling to fulfill the island’s vitality needs. “Issues over possible energy […]
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Electric air taxi maker Archer Aviation gets key FAA sign-off
Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, on Aug. 2, 2023. Carlos Barria | Reuters The Federal Aviation Administration has granted Archer Aviation a key certification that gets the electric air taxi maker closer to eventually flying travelers, the company said Wednesday. Archer is […]
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Ford EV and hybrid sales surge 65% in May
The Mustang Mach-E on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Ford Motor’s U.S. new vehicle sales rose 11.2% last month compared to May of last year, boosted by strong sales growth for all-electric and hybrid models. The Detroit automaker on Tuesday reported roughly […]
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Khosla Ventures backs weather conditions balloon startup that uses AI to upend forecasts
This summer season is predicted to be a person of the busiest hurricane seasons in record, according to the yearly forecast from the Nationwide Oceanic and Atmospheric Administration (NOAA). The frequency and depth of the storms are raising. Climate prediction is extra important than at any time. Artificial intelligence has produced the climate forecasting industry […]
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Jeep expects to grow plug-in hybrid SUV sales by as much as 50% in 2024
A Jeep Wrangler plug-in hybrid electric vehicle (PHEV) during the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday, April 5, 2023. Stephanie Keith | Bloomberg | Getty Images NEW YORK – Jeep plans to grow U.S. sales of its plug-in hybrid electric vehicles by as much as 50% this year as […]
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Airways headed for history profits in 2024 as travel soars, but financial gain margins continue to be skinny
The Intercontinental Air Transport Association (IATA) elevated its income forecast for the airline sector in 2024 and predicts a file income of $996 billion. Nurphoto | Getty Images DUBAI, United Arab Emirates — The Worldwide Air Transport Association lifted its earnings forecast for the airline marketplace in 2024 and predicts profits of $996 billion — […]
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In the struggle against pollution, the humble mushroom could prove to be a valuable tool
RistoArnaudov | Getty Images Research into the humble mushroom — an important dietary staple for many of us — suggests that the waste left over from growing fungi could have a surprising sustainable use. A study by researchers from Utrecht University in the Netherlands found that the residual waste from the cultivation of white button […]
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