Inflation Reduction Act has spurred 100,000 new green jobs so far: Here’s where they are

A quality control worker checks a solar panel at the Hanwha Q Cells solar cell and module manufacturing facility in Dalton, Georgia, on Thursday, Oct. 6, 2022. Elijah Nouvelage | Bloomberg | Getty Images Since President Joe Biden signed the historic Inflation Reduction Act into law last August, companies have announced more than 100,000 clean … Read more

Plant-based salmon startup capitalizes on rising interest in fake seafood

While the plant-based burger wars have been waging for several years now, plant-based fish is just in its infancy. But that is about to change, as new contestants enter the mix with various types of faux fish offerings, and investors rush in to fund them. In the U.S. alone, investment in plant-based, fermented or cell-based … Read more

Bill Gates on why he’ll carry on using private jets and campaigning on climate change

Bill Gates photographed in New York City on June 8, 2022. During a recent interview with the BBC, the billionaire said rich countries needed “to get their emissions down to zero as fast as they can.” Michael Loccisano | Getty Images Entertainment | Getty Images Bill Gates does not agree that using a private jet … Read more

Canoo’s shares sink after EV maker agrees to sell $52 million in discounted stock

The Lifestyle Vehicle electric minivan from Canoo. Source: Canoo Shares of electric vehicle startup Canoo were sharply lower in early trading on Monday after the company said that it has agreed to sell discounted shares to raise $52.5 million. The stock opened Monday at $1 per share, off 20%. It’s lost more than 80% of … Read more

Jury finds Musk, Tesla not liable in securities fraud trial following ‘funding secured’ tweets

Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, January 27, 2023. Jonathan Ernst | Reuters Elon Musk and Tesla were found not liable by a jury in a San Francisco federal court on Friday in a class-action securities fraud trial stemming from tweets Musk made in 2018. The … Read more

Ford sold 91 million shares of EV startup Rivian last year

RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian. Source: Ford Motor Co. DETROIT – Ford Motor liquidated most of its ownership stake last year in electric vehicle maker Rivian Automotiveaccording to the Detroit automaker’s annual report submitted to the Securities and Exchange Commission … Read more

Biden administration expands EV tax credits in boost for Tesla, Cadillac, others

A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT – The U.S. Treasury said Friday it is changing its definition of an “SUV” to make more electric vehicles from … Read more

‘Greenwashing’ is a good thing, according to one renewable energy tycoon

Greenwashing should be seen as a positive sign that companies are moving in the right direction, according to the founder of British energy firm Ecotricity. “It’s everywhere,” Dale Vince told CNBC’s Tania Bryer. “But you know, I take it as a good thing. People say to me, ‘oh, there’s greenwashing, it’s a bad thing’.” “And … Read more

Biden administration moves toward approval for major Alaska oil drilling project

Alaskan oil extraction site. Lowell Georgia | Getty Images President Joe Biden’s administration on Wednesday recommended a scaled-down version of a major oil drilling project in the North Slope of Alaska, taking a step toward approving the $8 billion Willow plan that climate groups have long condemned. The Interior Department’s Bureau of Land Management released … Read more

Saudi Aramco backs Brooklyn-based startup turning ammonia into fuel

In the race to find cleaner fuels, the heavy duty transportation sector is woefully behind because batteries don’t have enough juice to power trucks and ships. Enter ammonia. New technology and new companies are working on turning ammonia into hydrogen to power tractors, trucks and even ships. The heavy duty trucking industry alone accounts for … Read more

Rivian to lay off 6% of its workforce as EV price war concerns grow

Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Electric truck maker Rivian Automotive said it is laying off 6% of its workforce in a bid to conserve … Read more

Concerns about golden eagles are partly prompting the redesign of a Scottish wind farm

A golden eagle photographed in Scotland. The bird of prey is protected under the U.K.’s Wildlife and Countryside Act, 1981. Education Images | Universal Images Group | Getty Images Plans for an onshore wind farm in Scotland have been revised after a number of concerns, including those related to how the project might affect golden … Read more

Colorado River deadline passes with no deal on voluntary water cuts

The Hoover Dam water intake towers at Lake Mead, the country’s largest man-made water reservoir, formed by the dam on the Colorado River in the Southwestern United States, has dropped 2 inches every day since February (26 feet in one year), are viewed at approximately 25% capacity on July 12, 2022 near Boulder City, Nevada. … Read more

The ‘land grab’ for lithium is just getting started with GM deal, says EV materials expert

Brine pools at the Albemarle Corp. Lithium mine in Calama, Antofagasta region, Chile, on Tuesday, July 20, 2021. Cristobal Olivares | Bloomberg | Getty Images General Motors‘ announcement on Tuesday that it plans to invest $650 million into Lithium Americas to secure access to lithium is probably the first of many such deals, according to … Read more

Tesla just had its best week since May 2013

Tesla CEO Elon Musk smiles as he addresses guests at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway on August 29, 2022. Carina Johansen | AFP | Getty Images Tesla shares surged 33% this week, marking their best weekly performance since May 2013 and second best on record. The stock rose 11% on … Read more

Why desalination won’t save states dependent on Colorado River water

The Colorado River wraps around Horseshoe Bend in the in Glen Canyon National Recreation Area in Page, Arizona. Rhona Wise | Afp | Getty Images States dependent on the drought-stricken Colorado River are increasingly looking toward desalination as a way to fix the river’s deficit and boost water supplies across the western U.S. The search … Read more

Biden restores protections for Alaska’s Tongass National Forest after Trump rollback

Part of Tongass National Forest Urbanglimpses | Istock | Getty Images The Biden administration on Wednesday announced it’s reinstating restrictions on logging and road-building on about nine million acres of Alaska’s Tongass National Forest, the world’s largest intact temperate rainforest. The rule, which was finalized by the U.S. Department of Agriculture, repeals a Trump administration … Read more

Tesla plans to spend $3.6 billion more on battery and truck manufacturing in Nevada

An aerial view of the Tesla Gigafactory near Sparks, Nevada Bob Strong | Reuters Tesla plans to spend $3.6 billion more on expanded battery and heavy duty truck manufacturing in Nevada, the company said Tuesday on social media. According to its public statements, Tesla intends to hire 3,000 more people across two new facilities eventually. … Read more

New technique from U.S. national lab promises to strip carbon dioxide emissions from power plants and factories at record-low cost

A scientist at Pacific Northwest National Laboratory looking at the carbon capture system technology. Photo courtesy Andrea Starr at Pacific Northwest National Lab. Photo courtesy Andrea Starr at Pacific Northwest National Lab. Scientists at one of the country’s premier research labs have discovered a record-cheap way to capture carbon dioxide as it’s emitted from power … Read more

When it comes to the energy transition, one analyst sees the market making a big mistake

The pace of change in the modern world is often rapid and dizzying. Technologies that seem integral to our lives can, in what feels like an instant, become redundant and irrelevant. Energy is one sector where innovation and new ideas matter a great deal, as countries and companies try to find ways to shift to … Read more

Hate fast fashion? You can compost this new streetwear clothing line

Fast fashion is big business, but it is also a big polluter, responsible for about 10% of global carbon emissions. Roughly 70% of the $3 trillion fashion industry is comprised of articles made from synthetics or petrochemicals. While some companies are claiming sustainable clothing lines, there is a very wide variance in what that means. … Read more

We’ll need natural gas for years — but can start blending it with green hydrogen today, CEO says

From the United States to the European Union, major economies around the world are laying out plans to move away from fossil fuels in favor of low and zero-carbon technologies. It’s a colossal task that will require massive sums of money, huge political will and technological innovation. As the planned transition takes shape, there’s been … Read more

Greta Thunberg on Abu Dhabi’s oil chief leading COP28 climate summit: ‘Completely ridiculous’

Climate activist Greta Thunberg speaking on the main stage in George Square as part of the Fridays for Future Scotland march during the Cop26 summit in Glasgow. Picture date: Friday November 5, 2021. Jane Barlow | PA Images | Getty Images Swedish climate activist Greta Thunberg on Thursday became the latest vocal critic of the … Read more

Greta Thunberg says Davos elite are prioritizing greed and short-term profits over people and the planet

Thunberg was released by police earlier this week after being detained alongside other climate activists for protesting the expansion of a coal mine in the tiny village of Luetzerath in western Germany. Bernd Lauter | Getty Images News | Getty Images Swedish climate activist Greta Thunberg on Thursday accused the political and business elite at … Read more

Hertz is bringing thousands of EVs and chargers to the city of Denver in a broad new partnership

Hertz is teaming up with the city of Denver — and soon, it hopes, with other cities — to build out its charging infrastructure to support the ongoing transition to electric vehicles. The partnership is a big step toward helping rental car drivers, including those who may be renting an EV for the first time … Read more