Here's what's in the EU’s green industrial plan
Many European Union members worry that the U.S. could lure companies out of Europe. A green industrial plan has been laid out to boost its industrial competitiveness.
GM’s EV push stalls amid slow rollouts for GMC Hummer, Cadillac Lyriq
GM will not surpass Tesla this year in electric vehicle sales. GM has found it harder than expected to move away from fossil fuel cars and scale EV manufacturing.
Boeing bets on experimental jetliner flight in 2028
Boeing has won a $425 million dollar contract from NASA to develop a working truss-braced wing aircraft which should use less fuel than todays airplanes.
Biden admin quietly adds workaround, making pricey sports cars eligible for EV tax credits
The Biden administration released guidance Thursday showing that any electric vehicle would still be eligible for tax credits if leased despite the strict requirements for purchases.
Fusion industry suddenly white-hot after US lab breakthrough
Nuclear fusion firms see a flurry of investment after Dec.11 announcement of ignition by Lawrence Livermore National Laboratory at a press conference in DC.
US, Bill Gates-backed high-tech nuclear plant in Wyoming delayed
TerraPower, a venture founded by billionaire Gates said last year its $4 billion Natrium plant would be built in Kemmerer, a Wyoming town where a coal plant is set to shut in 2025.
European energy firms capture most leases in California offshore wind auction
The Biden administration sold offshore wind farm rights to mostly European countries for an area off the coast of California. Bids drew $757.1 million.
Tesla’s latest EV will fill up on subsidies
California, where Tesla is making its first of the Semi deliveries to PepsiCo, offers additional subsidies to trucking companies that buy electric vehicles.
US, EU agree to intensify talks on 'green subsidies' dispute
The Inflation Reduction Act has riled European and Asian partners, who worry it violates principles of free trade agreed to under the World Trade Organization
Why America doesn’t have enough EV charging stations
EV Charging in the US has hindered electrical vehicle growth from Ford, GM, & others as consumers worry about driving range and a lack of superchargers.
Labor Department clears path for 401(k) plans to offer ESG funds
Labor rule reverses Trump era rule making ESG investing more difficult. Whether ESG adds value or just promotes a socialist agenda is still hotly debated.
Auto makers shift to lower-cost batteries for electric vehicles
To reduce price of electric cars, caused by supply-chain snarls, soaring demand, and inflation, EV makers are switching to lithium-iron-phosphate batteries.
Coal miners slam Biden as White House walks back 'shut down' pledge: 'Trying to destroy the country'
Coal miners and industry groups lambasted President Biden for his pledge last week to shut down coal plants 'all across America,' saying he was out of touch with Americans.
Carbon 'offsets' for World Cup in Qatar, explained
Companies, governments and individuals buy offsets, or allowances, to reduce their carbon footprints. Allowances, credits and offsets all refer to the same thing.
Green groups made aggressive lobbying blitz for Manchin's climate bill, financial disclosures show
The green energy lobby made an aggressive push in August to ensure Congress passed the Inflation Reduction Act, Democrats' $739 billion climate and tax legislation.
ESG investing has damaged credibility of asset managers like BlackRock
ESG investing, including green initiatives, has hurt credibility of asset managers like BlackRock. Investors need better information to decide who to trust.
Norway threatens to shut down wind farm after wind destroys turbines
The Norwegian government agency responsible for energy supplies has issued a formal warning to a recently constructed wind farm after local reports that turbines were falling apart.
Republicans to introduce permitting bill rivaling Dem proposal: 'Exporting our wealth to China and Russia'
Top House Republicans are set to unveil legislation Thursday rivaling a Democratic proposal to streamline the federal energy project permitting process.
California weighs banning sale of new gas cars by 2035 in final hearing on rule proposal
The California Air Resources Board held a public hearing on a proposal that aims to ban the sale of internal combustion engine vehicles in the state by the year 2035.
World Economic Forum calls to reduce private vehicles by eliminating 'ownership'
The World Economic Forum is calling for a reduction in ownership of private vehicles in attempt to counter global reliance on critical metals.