Maserati Unveils GranCabrio Folgore all-electric four-door convertible touting 270 miles range - Yanko Design
Maserati joins the trend towards clean energy with its GranCabrio Folgore, a powerful electric convertible showcasing advanced technology and impressive range. [ more ]
Why the Cost of Biden's Climate Law Keeps Going Up
The estimated price tag for President Biden's clean-energy and climate agenda has effectively doubled since the Inflation Reduction Act was signed into law.
The rise in price tag is due to forecasters' belief that the law will be more popular than originally expected. [ more ]
Republican Attacks on Biden's Climate Law Raise Concerns Ahead of Election
Clean energy investments in the US have surged above $200 billion since a new climate bill was signed by President Biden.
Republican concerns over potential changes to the climate bill, particularly tax credits for electric vehicles, may impact clean energy investments. [ more ]
To lower energy costs, California wants to tie bills to income. That plan is making enemies
California's plan to lower electricity rates and relieve the burden on low-income households is sparking conflict among lawmakers, utilities, and clean energy advocates.
Supporters argue that a fixed charge based on household income would shift costs to higher-income households and encourage the adoption of electric vehicles and home appliances.
Opponents say the charge would punish those who have invested in making their homes more energy efficient and have privacy concerns about providing income data to utilities. [ more ]
Climate and clean transportation bears the brunt of Newsom budget cuts
Gov. Newsom's proposed budget in California would cut and delay $4.8 billion from climate and transportation efforts, including subsidies for electric vehicles and clean energy programs.
Environmental advocates are concerned that these cuts will hinder California's ability to combat climate change and protect against climate extremes.
To avoid deeper general fund cuts, Newsom is proposing $1 billion in backfill spending by shifting costs to a fund that receives revenue from the state's cap-and-trade program. [ more ]
New GOP Tax Plan Gives Richest 1 Percent $28B in Tax Cuts - More Than Savings for Bottom 60 Percent Combined
The average member of the 1 percent would save $16,550 under the plan.A person in the bottom 20 percent would save $40.House Speaker Kevin McCarthy speaks to reporters as he walks to the floor of the House Chambers at the U.S. Capitol Building on June 6, 2023, in Washington, D.C. Anna Moneymaker / Getty Images After spending months threatening to tank the economy over the federal deficit, Republicans have unveiled a set of new tax proposals that would cost the government billions of dollars - by handing tens of billions of dollars of tax cuts to the richest 1 percent of Americans, as a new report reveals.
The boss of one of Labour's biggest union donors has branded the party's plan to ban new oil and gas production in the North Sea "a huge mistake".Gary Smith, the GMB union's general secretary, said energy plans should be built around "decent jobs", not bans.Labour has pledged to block all new domestic oil and gas developments and invest in renewables if it wins power.
What is bio-oil, and why does Big Tech think it can fight climate change?
Some of the biggest names in tech have inked a deal to turn corn stalks and tree trimmings into a barbecue sauce ingredient and then pump the stuff underground to try to fight climate change.That sounds wild, so let's break it down from the start.Alphabet, Meta, Stripe, Shopify, and McKinsey Sustainability launched a new climate initiative called Frontier about a year ago.
Stop moaning' and show ambition on green energy, Miliband to tell Government
Ed Miliband will call on the Government to stop moaning about Joe Biden's green investment plan when he sets out Labour's plan to match the Inflation Reduction Act.The shadow climate secretary will use a speech on Tuesday to stress Labour's ambition on green investment, amid pressure on the Government to deliver a set of policies that would drive investment in low-carbon technology and match the Inflation Reduction Act in the US and the Green Deal Industrial Plan in the EU.
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5 Things to Know About Jennifer McClellan, the First Black Woman to Represent Virginia in Congress - Washingtonian
On Tuesday, Virginia State Senator Jennifer McClellan won a special election for the state's 4th Congressional district, becoming the first Black woman to represent the state in Congress.She beat conservative pastor Leon Benjamin to fill a seat left vacant by Donald McEachin, who died of colorectal cancer in November of 2022.
Biden to convene his Cabinet on the heels of debt ceiling resolution
President Joe Biden is set to convene his Cabinet Tuesday, bringing his top lieutenants together to discuss a wide range of topics for the first Cabinet meeting since he declared his candidacy for reelection and days after Congress passed a bipartisan bill to avert a catastrophic default.The president's going to be convening his Cabinet secretaries tomorrow in the Cabinet Room, as he does from time to time, to discuss the progress we've made in investing in America, White House press secretary Karine Jean-Pierre previewed to reporters.
White House to approve major Alaska oil drilling project Willow
The Biden administration is soon set to approve ConocoPhillips' Willow Project, a major oil drilling project on Alaska's North Slope, according to a congressional source familiar with the details.The decision will be announced next week, the source confirmed.The expected approval is a victory for Alaska's bipartisan congressional delegation and a coalition of Alaska Native tribes and groups who hailed the drilling venture as a much-needed new source of revenue and jobs for the remote region.
A campaign against inheritance tax led by a multimillionaire? These really are desperate times for the Tories | Polly Toynbee
Governing parties in their death throes thrash about, gasping for life rafts and hunting through old lists to recapture the tried-and-tested vote-winners of yesteryear.The campaign by more than 50 Tory MPs and the Telegraph to abolish inheritance tax is a prime example.Didn't it work its magic once before, when George Osborne spooked Gordon Brown out of calling an election in 2007 by promising a 1m threshold?
Labour plans to ban North Sea oil production naive, says union leader
The head of a union that is one of Labour's biggest donors has accused the party of being naive over its plans to ban North Sea oil and gas production.Labour has pledged to block all new domestic oil and gas developments if it wins power, proposing instead to invest heavily in renewable sources such as wind and also in nuclear power.
Prime Minister Rishi Sunak and Labour leader Sir Keir Starmer have each set out five key policy pledges.Sir Keir says he would focus on economic growth, the NHS, crime, equal opportunities and clean energy.In January, Rishi Sunak promised to "halve inflation, grow the economy, reduce debt, cut NHS waiting lists, and stop the boats".
Biden administration announces clean hydrogen goal to slash planet-warming pollution by 10% by 2050
The Biden administration on Monday announced a goal to produce 50 million metric tons of clean hydrogen fuel by 2050 an ambitious roadmap that, if successful, would cut around 10% of the country's planet-warming pollution by the same date.For the US to transition to clean energy, it will take technologies beyond wind and solar to fuel airplanes, generate electricity and power industry.
Rachel Reeves aligns Labour with Biden on economy in securonomics' speech
Shadow chancellor Rachel Reeves branded Labour's economic approach securonomics in a speech aligning its policy with US President Joe Biden's administration.In a talk at the Peterson Institute in Washington DC, she also suggested the current Brexit deal would be reviewed under a Labour government by 2025.
Rachel Reeves unveils Labour's Joe Biden-inspired economic strategy
Labour is seeking inspiration from Joe Biden's plan to tackle inflation and create jobs, shadow Chancellor Rachel Reeves has said.The US president's vast package of subsidies and tax breaks for industry has been dubbed "Bidenomics".Unveiling her version in a speech during a US trip, Ms Reeves pledged to rebuild Britain's "industrial foundations" if Labour wins power.
Biden warns millions of jobs' at risk if debt ceiling not raised
US president accuses Republicans of holding economy hostage by demanding spending cuts to raise debt limit.United States President Joe Biden has warned the economy could enter a recession and shed millions of jobs unless Republicans agree to raise the country's $31.4 trillion debt ceiling before a fast-approaching deadline.
US defense secretary discusses upgrading ties with India to counter China
U.S. Defense Secretary Lloyd Austin on Monday discussed upgrading partnership with India, a major arms buyer, as both countries grapple with China's economic rise and increased belligerence, officials said.Austin met with India's Defense Minister Rajnath Singh, with both sides emphasizing technology partnerships including defense, clean energy and space.
Sunak to unveil agreement with Japan on closer defence, security and cyber ties
Rishi Sunak will unveil a new agreement with Japan to foster closer defence, security and cyber ties amid growing concerns about the threat from China.Visiting Tokyo, the Prime Minister will commit to deploying a naval battle fleet in the Indo-Pacific in 2025 and to double UK troop numbers in upcoming joint exercises.
EPA Power Plant Rule Could Force Fossil Fuel Companies to Walk Their Talk on Carbon Capture
A certain irony has threaded its way through the endless rulemaking filings, legal challenges, and political vicissitudes of the decades-long fight to stop U.S. fossil fuel power plants from spewing carbon dioxide emissions into the air.A recent example is last year's Supreme Court West Virginia v E.P.A. ruling.
Global Renewable Energy Goals Must Double to Meet 2030 Climate Goals, Report Warns
BERLIN Deployment of new wind and solar power plants needs to be drastically ramped up by the end of the decade to meet the world's climate goals, the International Renewable Energy Agency said Tuesday.In an advance preview of its annual report on the global shift from fossil fuels to clean energy, the agency said renewables accounted for 83% of new power generation last year.
Report: Renewable energy growth falls short of climate goal
BERLIN - Deployment of new wind and solar power plants needs to be drastically ramped up by the end of the decade to meet the world's climate goals, the International Renewable Energy Agency said Tuesday.Are you on Telegram?Subscribe to our channel for the latest updates on Russia's war in Ukraine.ArrowRight In an advance preview of its annual report on the global shift from fossil fuels to clean energy, the agency said renewables accounted for 83% of new power generation last year.
Soaring SUV sales make it harder to hit climate goals
/ Bigger vehicles, whether they're gas-guzzling or electric, come with bigger environmental problems.SUV sales soared in 2022, a trend that makes it much harder to reach global climate goals, experts say.And while car buyers flocked to electric SUVs along with their gas-guzzling counterparts, supersize EVs pose their own environmental challenges.
Long Beach releases plan for largest offshore wind turbine facility at any U.S. port
Within about a dozen years, floating wind turbines - as tall as the Eiffel Tower - will stand alongside the cranes and cargo containers at the Port of Long Beach as part of the largest offshore wind turbine facility in any U.S. port.Once assembled in the Port of Long Beach, the 1,100-foot-tall turbines can be towed by sea to locations in Central and Northern California to generate renewable energy for the state.
Illinois lawmakers pass bill to require new homes be equipped to handle EV charging stations
Newly constructed homes in Illinois would be required to include the infrastructure needed for electric vehicle charging stations under a bill now on Gov. J.B. Pritzker's desk.The "Electric Vehicle Charging Act," passed by the state House Thursday on a party-line 69-38 vote after earlier approval by the Senate, requires that new single-family or small multifamily homes offer at least "one EV-capable parking space for each residential unit that has dedicated parking."
"I'm watching it on TV," Graves said of the January stalemate over electing McCarthy, as he recalled thinking: "We look like idiots."So he began dialing conservative holdouts as well as GOP moderates resistant to the right's biggest demands.The 51-year-old even grew a beard that he refused to shave until McCarthy prevailed.
China Is Way Ahead in Green Energy. Here's Why That's Risky for the U.S.
In the not-ideal real world, the United States faces challenges balancing climate change goals with economic and national security concerns related to China. [ more ]
Mining Giant BHP Makes $39 Billion Bid for Rival Anglo American
BHP Group proposed a takeover of Anglo American, aiming to create the largest copper miner amidst high demand for the metal in green technologies. [ more ]
National AI Centre stripped from CSIRO in $40m policy shift
Federal funding for AI increased by $40 million in Albanese government's Budget, emphasizing quantum and clean energy technologies over direct industry investment. [ more ]
Biden Will Raise Tariffs on Chinese Electric Vehicles, Chips and Other Goods
President Biden is raising tariffs on Chinese imports, including key sectors like electric vehicles and semiconductors, to protect American industries and counter unfair Chinese competition. [ more ]
Biden Plans to Name Nevada's Spirit Mountain Area a National Monument
WASHINGTON President Biden plans next week to designate nearly a half-million acres of the Spirit Mountain area in southern Nevada as a national monument, according to two people familiar with the matter, protecting some of the most biologically diverse and culturally significant lands in the Mojave Desert.
States rethink data centers as electricity hogs' strain the grid
State Senator reevaluates tax breaks for data centers impacting clean energy supply, considering implications for climate goals and electricity demand. [ more ]
Possibly the two best undervalued EV stocks to buy in 2024
EV stocks are currently struggling due to post-pandemic government overspending and raw material market instability, but the demand for clean energy indicates a potential rebound. [ more ]
Here's what Redwood learned in its first year of EV battery recycling
In February 2022, Redwood Materials began a pilot program in California to recycle electric vehicle batteries.The startup partnered with the state government as well as Ford, Volvo, Volkswagen, and Toyota, plus the car dismantling industry, to source end-of-life lithium-ion and nickel metal hydride traction batteries.
Progressive caucus urges Biden to act on wages, bank regulation and climate
The Congressional Progressive Caucus has urged Joe Biden to reinforce federal oversight of large corporations, increase wages for working people and address the climate crisis.Outlining its 2023 executive action agenda on Thursday, the CPC offered Joe Biden an opportunity to deliver on a range of Democratic policy priorities, and stifle recent criticism from the left wing of his party, using the power of the executive pen.
Are we on the brink of a nuclear fusion breakthrough? : Short Wave
Nuclear fusion has the potential to revolutionize energy production by providing clean, limitless energy without greenhouse gas emissions or long-term nuclear waste.
Despite past failures, recent investments from venture capitalists and tech entrepreneurs are driving new efforts to achieve commercial success in nuclear fusion. [ more ]
Scientists find way to make energy from air using nearly any material
Water droplets suspended in the air fall on the spaghetti-like nanoporous material, generating electricity that flows through the electrodes (yellow rectangle) to power whatever needs powering.(Derek Lovley/Ella Maru Studio)Comment Gift Article Nearly any material can be used to turn the energy in air humidity into electricity, scientists found in a discovery that could lead to continuously producing clean energy with little pollution.
Newsom cuts $2.9 billion from California climate programs, delays an additional $1.9 billion
California Gov. Gavin Newsom's proposed budget includes cuts to climate change investments and clean transportation programs.
Environmental groups express disappointment and call for more funding and creative solutions to support the transition towards clean energy and resilience. [ more ]
Newsom cuts $2.9 billion from California climate programs, delays an additional $1.9 billion
California Gov. Gavin Newsom's proposed budget includes cuts to climate change investments and clean transportation programs.
Environmental groups express disappointment and call for more funding and creative solutions to support the transition towards clean energy and resilience. [ more ]
Photo courtesy of Food and Water Watch Sign up for our amNY Sports email newsletter to get insights and game coverage for your favorite teams Hundreds of environmental activists gathered outside Senate Majority Leader Chuck Schumer's home in Park Slope on Tuesday evening to protest the pol's link to fossil fuel donors, and to oppose the inclusion of a controversial natural gas pipeline in the legislature's hotly-debated budget deal.
Spatial Computing in Design? This stunning Lamborghini concept car was designed entirely in VR - Yanko Design
As a community of people who literally help build new technologies for the world, designers aren't new to VR-based tools.AR/VR headsets have been available for the better part of a decade now, and designers have formed perhaps one of the largest demographics to use these devices for sketching, modeling, rendering, and reviewing designs.
Labour cannot be Tory-lite at the next election: voters crave a real choice | Letters
time for Labour to start offering a real choice):
1. Brexit, the environment, and energy bills are all issues that Labour should be focusing on in the upcoming election, as they are issues that voters care about.
2. Labour must differentiate itself from the Tories and offer a real choice if they want to win the election. Voters crave a real choice and are unlikely to be swayed by a âTory-liteâ platform.
Newsom cuts $2.9 billion from California climate programs, delays an additional $1.9 billion
California Gov. Gavin Newsom's proposed budget includes cuts to climate change investments and clean transportation programs.
Environmental groups express disappointment and call for more funding and creative solutions to support the transition towards clean energy and resilience. [ more ]
Climate and clean transportation bears the brunt of Newsom budget cuts
Gov. Newsom's proposed budget in California would cut and delay $4.8 billion from climate and transportation efforts, including subsidies for electric vehicles and clean energy programs.
Environmental advocates are concerned that these cuts will hinder California's ability to combat climate change and protect against climate extremes.
To avoid deeper general fund cuts, Newsom is proposing $1 billion in backfill spending by shifting costs to a fund that receives revenue from the state's cap-and-trade program. [ more ]
Climate and clean transportation bears the brunt of Newsom budget cuts
Gov. Newsom's proposed budget in California would cut and delay $4.8 billion from climate and transportation efforts, including subsidies for electric vehicles and clean energy programs.
Environmental advocates are concerned that these cuts will hinder California's ability to combat climate change and protect against climate extremes.
To avoid deeper general fund cuts, Newsom is proposing $1 billion in backfill spending by shifting costs to a fund that receives revenue from the state's cap-and-trade program. [ more ]
Dubai climate talks: What did they achieve? DW 12/13/2023
Global leaders at the COP28 climate summit have agreed to transition away from fossil fuels in a just and equitable manner.
The agreement does not explicitly mention a phaseout of fossil fuels, but it is seen as a significant step towards moving away from coal, oil, and gas. [ more ]
Oil-and-Gas Companies Account for Only 1% of Clean-Energy Investment Globally, IEA Says
The fossil-fuel industry is not investing enough in decarbonization, spending just 2.5% of their investment on clean energy.
Oil-and-gas companies should allocate about half of their capital expenditures towards clean energy projects by 2030 to meet the Paris climate agreement target.
Tackling methane leaks in oil-and-gas operations is a cost-effective way to reduce greenhouse gas emissions. [ more ]
China's carbon emissions set for structural decline from next year
China's carbon emissions could peak this year and start declining from next year due to increased investments in clean energy.
Beijing has already met its solar and wind installation targets for this year, and the market share of electric vehicles is ahead of the government's target for 2025. [ more ]
Watch live as Keir Starmer speaks at GMB Union annual congress
Watch live as Sir Keir Starmer delivers a speech at GMB Union congress on Tuesday 6 June.The leader of the opposition is expected to reassure the group that Labour's plan to transition to clean energy will create jobs for its members, after leader Gary Smith strongly criticised his energy policy.Mr Starmer will also hit out at the Conservatives, suggesting prime minister Rishi Sunak would be happy to see the rest of the UK fall behind London.
Government urged to use upcoming Budget to fund Scottish carbon capture project
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails A Commons committee has challenged the UK Government to use next week's Budget to fund the Acorn carbon capture and storage programme in the north east of Scotland.
Why Investing in Climate Action During a Recession Is a Smart Business Move
(To get this story in your inbox, subscribe to the TIME CO2 Leadership Report newsletter here.)The link between climate and the private sector was top of the agenda.In my session with investor and philanthropist Tom Steyer and Apple's head of environment, policy, and social initiatives Lisa P. Jackson, we dug into what strikes me as one of the biggest challenges at the intersection of climate action and business right now: how to keep companies investing in climate solutions in the face of economic uncertainty and a looming recession.
Ontario has a new clean energy credit registry but it's voluntary | CBC News
Ontario companies can now purchase "credits" to indicate their commitment to green electricity, and the province says proceeds will go into a fund to support the development of new clean energy projects.The government announced last year that it was creating a Clean Energy Credit Registry it said today that Ontario Power Generation is now selling the credits, while the Independent Electricity System Operator will start offering them in the summer.
France Is Erupting-and Macron's Problems Are Just Starting
One way to understand the current crisis in France is to know that the country has never had a lame-duck president.Emmanuel Macron is the first head of state to win re-election since the country barred serving three consecutive terms in 2008.In 2027, he's out.Not having to face the voters again can imply a kind of political incapacity, and that is where Macron found himself last week, as his bill to raise the retirement age from 62 to 64 appeared uncertain of passing the country's splintered National Assembly.
Plan to cover West Ham's London Stadium with solar membrane'
T he London Stadium is set to have its roof covered with solar panels in a bid to help it go green and generate its own energy.Plans have been revealed to wrap the 2012 Olympics arena now home to West Ham United in a multi-million pound solar membrane to cut carbon emissions and harness the sun's rays.