climate

With Tesla batteries and Japan's largest hydrogen tank, Panasonic is testing a factory of the future

With Tesla batteries and Japan’s largest hydrogen tank, Panasonic is testing a factory of the future

As a bullet train speeds by in the background, a tank of liquid hydrogen towers over solar panels and hydrogen fuel cells at Panasonic’s Kusatsu plant in Japan. Combined with a Tesla Megapack storage battery, hydrogen and solar can provide enough electricity to power the site’s Ene-Farm fuel cell plant. Hornyak Team As high-speed trains …

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Heat pumps are an energy improvement for homeowners that becomes a climate and financial winner

Heat pumps are an energy improvement for homeowners that becomes a climate and financial winner

Heat pumps are becoming increasingly popular for residential housing with rising energy prices and the need to reduce the use of fossil fuel heating systems. Andrew Aitchison | In pictures | Getty Images Are you thinking of a domestic heat pump? New and expanded government incentives, coupled with a steep rise in utility costs, make …

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Democratic lawmakers accuse big oil companies of 'greenwashing'

Democratic lawmakers accuse big oil companies of ‘greenwashing’

Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Exxon and Chevron posted record profits in the second quarter of 2022 as energy stocks have weakened in recent months. Brandon Bell | Getty Images On Friday, two Democratic lawmakers accused the largest oil companies in the United States …

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Oil companies have internally rejected swift climate action, House panel finds

Some of the world’s biggest oil and gas companies have internally dismissed the need to quickly switch to renewables and cut global warming emissions, despite coming forward publicly as concerned about the climate crisis, a researcher has found. committee of the United States House of Representatives. Documents obtained from companies such as Exxon, Shell, BP …

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Vanguard leaves the climate alliance as part of the Net Zero project

Vanguard leaves the climate alliance as part of the Net Zero project

Vanguard is pulling out of the top financial alliance on fighting climate change at a time when US Republicans have stepped up their attacks on financial institutions they say are hostile to fossil fuels. With $7.1 billion under management and more than 30 million clients as of October 31, Vanguard is the world’s second-largest fund …

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"Not the way you treat your friends."  Biden's climate plan strains trade ties with Europe |  CNN Business

“Not the way you treat your friends.” Biden’s climate plan strains trade ties with Europe | CNN Business

London CNN Business — The world’s largest economic relationship has fallen on hard times. The European Union and the United States – together responsible for a third of global trade – have clashed in recent weeks over US President Joe Biden’s landmark $370 billion climate plan. The Inflation Reduction Act (IRA), which was passed by …

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Why Europe is quietly mad about the US climate bill

Why Europe is quietly mad about the US climate bill

Just a few small issues to fix. Photo: Eveleyn Hockstein (Reuters) The landmark Inflation Reduction Act is the largest U.S. contribution yet to meeting global emissions reduction goals. And the American allies are not happy about it. Certainly, they are happy to see that the United States is (finally) spending hundreds of billions of dollars …

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Tesla CEO Elon Musk launches first semi-truck deliveries

Tesla CEO Elon Musk launches first semi-truck deliveries

Tesla CEO Elon Musk kicks off deliveries of the company’s heavy-duty truck, the Semi, to the Gigafactory in Sparks, Nevada. Tesla Inc. You’re here CEO Elon Musk kicked off deliveries of the company’s first production tractor-trailers on Thursday, speaking on stage at the company’s factory in Sparks, Nevada, with Dan Priestly, the company’s senior manager …

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Tesla CEO Elon Musk launches first semi-truck deliveries

Tesla CEO Elon Musk launches first semi-truck deliveries

Tesla CEO Elon Musk kicks off deliveries of the company’s heavy-duty truck, the Semi, to the Gigafactory in Sparks, Nevada. Tesla Inc. You’re here CEO Elon Musk kicked off deliveries of the company’s first production tractor-trailers on Thursday, speaking on stage at the company’s factory in Sparks, Nevada, with Dan Priestly, the company’s senior manager …

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Tesla is still dominant, but its market share in the United States is eroding as cheaper electric vehicles arrive

Tesla is still dominant, but its market share in the United States is eroding as cheaper electric vehicles arrive

You’re here is still the best-selling electric vehicle brand in the United States, but its dominance is eroding as competitors offer a growing number of more affordable models, according to a report released Tuesday by S&P Global Mobility. The data company found that Tesla’s market share of new U.S.-registered electric vehicles was 65% in the …

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