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China has flooded the market with so many solar panels that people are using them as garden fencing - Insider  (Apr 3) |
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Apr 3 · China's manufacturers are pumping out so many solar panels that the resulting global glut has caused prices to tank. Solar panels - 80% of which are made in China - are so cheap that they're now being used to line garden fences in Germany and the Netherlands, the Financial Times reported on Tuesday. Solar panels are typically installed on rooftops, where they can capture the most sunlight - but there's so much excess supply that some people are putting them on fences. This also saves on pricey labor and scaffolding costs required for roof installations, FT reported. Fences covered in solar panels are also starting to take off in the UK, North America, and ... Read more ... |
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The Chinese EV market is exploding. Here are the 5 major Chinese EV brands you should know about. - Insider  (May 19, 2023) |
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May 19, 2023 · China's electric vehicles are taking on the world. They may soon come to the US. China, the world's largest car market, is now a major automobile producer and exporter as well. The Asian giant's EV edge is thanks to its push for clean energy technology, including in the transportation sector. "Having recognized the potential of electric vehicles 15 years ago, China has since invested vast resources in building a competitive electric vehicle ecosystem," said Allianz in its report. Chinese EV makers hold a competitive edge in "nearly all aspects" of the battery electric vehicle value chain, per Allianz. Chinese electric vehicles, or EVs, are already ... Read more ... |
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Climate activist Greta Thunberg was fined 2,500 kronor - Insider  (Mar 24, 2023) |
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Mar 24, 2023 · SAN FRANCISCO - As rain walloped the city and howling winds filled the narrow streets between skyscrapers, more than 100 people gathered before a glass facade on a busy street in downtown San Francisco on Tuesday. Grey-haired San Francisco protestors donned hats and rain jackets, set up a tent, passed around colorful banners and signs, and sang songs about protecting future generations. The smell of sage filled the air. Their target - the glass doors and walls - was an entrance to the corporate offices of Wells Fargo, one of four major banks that are the biggest lenders to the fossil-fuel industry. The others are Bank of America, Chase, and Citibank, according to a 2022 ... Read more ... |
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JFK airport's new terminal will be powered by a microgrid and the largest rooftop solar array in New York City - Insider  (Jan 26, 2023) |
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Jan 26, 2023 · A massive transformation of New York City's largest airport is underway, and developers are touting its sustainability credentials. John F. Kennedy International Airport's $9.5 billion New Terminal One will be partly powered by a microgrid with 11.34 megawatts of electricity from rooftop solar, gas fuel cells, and battery storage. A system that captures waste heat from the fuel cells will chill and warm water. AlphaStruxure, a joint venture of the private equity firm Carlyle Group and France's Schneider Electric, announced Thursday that it would construct and operate the energy project after winning a contract from the Port Authority of New York and New Jersey, which ... Read more ... |
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The race to make EVs cheaper is making them more expensive - Insider  (Jan 01, 2023) |
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Jan 01, 2023 · The auto industry's scramble to make more affordable electric cars has actually driven the price of these vehicles up - at least in the short term. The industry is desperate to build less expensive electric vehicles for the masses because (alongside concerns around range and charging availability) price is one of the biggest barriers to mass EV adoption. The new EVs cost an average of $65,041 in November, according to Kelley Blue Book, while gas cars averaged $48,681 that month. Automakers say they are doing all they can to introduce cheaper EVs. For instance, the Chevrolet Equinox SUV EV, to launch in 2023, should start around $30,000. Many have long been ... Read more ... |
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Bill Gates says telling people they can't eat meat or have a 'nice house' won't solve the climate crisis - Insider  (Oct 02, 2022) |
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Oct 02, 2022 · Bill Gates said the climate crisis will not be solved by expecting people to radically change their lifestyle over concerns about the environment. "Anyone who says telling people to stop eating meat or wanting to have a nice house will basically change human desires, I think, that is too difficult," he told Bloomberg's Zero podcast. "You can make a case for it, but I don't think it's realistic for that to play a central role." The billionaire philanthropist discussed the US climate bill in the podcast and said that climate change could not be solved without innovation. "We're not even trying to make breakthroughs, such as inventing an economic way of making aviation fuel, ... Read more ... |
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Six in 10 Americans think Congress is out of touch with climate change: poll - Insider  (Sep 30, 2022) |
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Sep 30, 2022 · A majority of American adults think Congress is out of touch on climate change, a new Insider/Morning Consult poll found. About six out of 10 adults surveyed said they think Congress is "very out of touch" or "somewhat out of touch," according to the poll. The group that most thought Congress is out of touch with climate change? People who strongly disapprove of Joe Biden's job as president. Climate change has been one of the issues topping Biden's agenda. Since entering the White House, he rejoined the Paris Climate Agreement, passed an infrastructure bill that includes new federal investments for next-generation clean energy projects, expanded the power ... Read more ... |
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JPMorgan CEO Jamie Dimon: 'Why can't we get it through our thick skulls?' America boosting oil and gas production is 'not against' climate change - Insider  (Aug 14, 2022) |
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Aug 14, 2022 · JPMorgan CEO Jamie Dimon said this week that US natural gas production does not conflict with long-term emission reduction targets, Yahoo Finance first reported. "We should focus on climate. The problem with that is because of high oil and gas prices, the world is turning back on their coal plants. It is dirtier," Dimon said on a client call Tuesday, per the Saturday report. "Why can't we get it through our thick skulls, that if you want to solve climate [change], it is not against climate [change] for America to boost more oil and gas?" he continued, according to Yahoo. JPMorgan Chase was ranked as the world's top "fossil fuel financier" in a report published by ... Read more ... |
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Climate scientist says total climate breakdown is now inevitable: 'It is already a different world out there, soon it will be unrecognizable to every one of us' - Insider  (Jul 31, 2022) |
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Jul 31, 2022 · Record-breaking heatwaves, lethal flooding, and extreme weather events are just the beginning of the climate crisis, according to a leading UK climate scientist. In his new book published Thursday, "Hothouse Earth: An Inhabitant's Guide," Bill McGuire argues that, after years of ignoring warnings from scientists, it is too late to avoid the catastrophic impacts of climate change. The University College London Earth sciences professor pointed to a record-breaking heatwave across the UK this month and dangerous wildfires that destroyed 16 homes in East London as evidence of the rapidly changing climate. McGuire says weather will begin to regularly surpass current extremes, ... Read more ... |
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Google News - GOP Sen. Lindsey Graham says he doesn't 'want to be lectured' on what lawmakers should do to 'destroy' the US economy over climate change - Insider  (Jul 23, 2022) |
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Jul 23, 2022 · As heat waves enveloped much of the United States and Europe this week - pushing temperatures well above 85 degrees and setting off a string of heat advisories - Democratic politicians and climate activists are growing increasingly frustrated by GOP indifference and legislative inaction. Many Democratic Party members are also growing particularly exasperated by West Virginia Sen. Joe Manchin's rejection, at least for the time being, of a narrow climate bill that was being crafted behind the scenes by his party's leaders. But the continued pleas for bold climate action aren't fazing the ideological approach of many GOP lawmakers, including Sen. Lindsey Graham of South ... Read more ... |
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Russia's Gazprom cuts off some natural gas to Germany after Shell refused to pay for it in rubles - Insider  (Jun 01, 2022) |
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Jun 01, 2022 · Russian energy-giant Gazprom said it has completely halted natural-gas supply to Shell under a contract that supplies the fuel to Germany, Europe's largest economy. The move came after Shell refused to pay Gazprom in rubles. Gazprom made the announcement on Wednesday - a day after it cut off natural-gas supplies to the Netherlands for the same reason. In a March 31 decree, Russian President Vladimir Putin demanded that natural-gas payments be made in rubles, which would entail opening a euro and ruble account with the country's Gazprombank to process payments. Gazprom said in its Telegram channel on Tuesday that Shell Energy Europe had notified Gazprom "it does not ... Read more ... |
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My trip in Porsche's electric station wagon highlighted one of the biggest problems with electric-car charging - Insider  (May 18, 2022) |
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May 18, 2022 · There's no question that electric cars have come a long way. Today's electric vehicles can drive quicker, charge faster, and cover more distance on a full battery than ever before. But there's one nagging problem that makes owning one harder than it needs to be: the availability of public charging stations. Because what's the point of buying a fun, quick-charging car if many of the places to fill up are broken, crowded, or, worse yet, nonexistent? A weekend trip in Porsche's electric station wagon, the Taycan Cross Turismo, had me asking that very question. Among the Taycan's biggest selling points is its ability to accept 270 kilowatts of charging power, ... Read more ... |
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Despite mounting danger, Americans keep moving to the counties at highest risk for wildfires, floods, and droughts - Insider  (Apr 22, 2022) |
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Apr 22, 2022 · In late December, amid the depths of Colorado winter, the Marshall Fire roared through the suburbs east of Boulder, fueled by powerful winds. Destroying more than 1,000 homes, it became the most destructive blaze in history. That's why Jeni Arndt, the mayor of nearby Fort Collins, says it's a relief to see population growth finally slowing down in her city. The fires and droughts are just getting worse. "We're still seeing robust growth in Colorado, but none of my kids want to really live here because of the smoke," Arndt said during a Thursday press briefing hosted by the National League of Cities, a nonprofit advocacy organization that represents more than 2,400 cities ... Read more ... |
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Rivian CEO Warns Chip Snag 'Appetizer' for Battery Shortage - Insider  (Apr 18, 2022) |
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Apr 18, 2022 · Rivian CEO RJ Scaringe warned that a shortage of electric-car batteries could soon eclipse the issues that the automotive industry has faced from the computer chip shortage. "Semiconductors are a small appetizer to what we are about to feel on battery cells over the next two decades," Scaringe said, according to a report from The Wall Street Journal. The Rivian CEO made the comment while giving reporters a tour of the company's plant in Normal, Illinois. Over the past two years, the chip shortage has led companies to slash production and cut electronic features like touch screens and seat heaters. In September, consulting firm AlixPartners estimated that the chip ... Read more ... |
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13 Startups Tackling the Auto Industry's Lithium Shortage - Insider  (Apr 15, 2022) |
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Apr 15, 2022 · The crisis in Ukraine has spelled trouble for the global electric-vehicle supply chain as it relates to nickel, a critical material in EV batteries. But it has also relit the spotlight on another metal key to battery production: lithium. As a result, startups are racing to lead in an accelerating lithium market that could hit $34.3 billion by 2030 - 85% of which would be for the EV market, according to Benchmark Mineral Intelligence. Even though legacy automakers and startups are toying with different battery chemistries in search of the right mix of cost, performance, and availability of supply, many remain reliant on lithium-heavy tech. If companies lean on other ... Read more ... |
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Joe Manchin just hired a natural gas lobbyist to his energy panel even as he blocks Biden's climate agenda - Insider  (Mar 29, 2022) |
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Mar 29, 2022 · Sen. Joe Manchin has hired a natural gas industry lobbyist to work for the Senate's Energy and Natural Resources Committee as he continues to spar with the Biden administration over its energy and climate policies. C.J. Osman spent nearly six years at the Interstate Natural Gas Association of America, most recently as its top lobbyist, before joining Manchin's committee as a professional staff member in March. The hiring was first reported by Legistorm, which compiles data about the congressional workforce. Osman was registered as a lobbyist representing the INGAA from 2019 to 2021, and represented the organization's interests in both the House of Representatives and the ... Read more ... |
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Companies are accelerating their investment in combating the climate crisis - Insider  (Mar 03, 2022) |
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Mar 03, 2022 · Of the four pillars, "planet" is the one that gets the most attention, funding, and urgency. The term sustainability is generally used in terms of environmental initiatives, even though it is only one component. Among the United Nations' 17 Sustainable Development Goals, six are related to climate. As pressure has grown for corporations to stop polluting, they are increasingly tapping into financial instruments to transition their business toward sustainable operations and outcomes. Green bonds are one way companies are using new financial offerings to drive change. Also called sustainability bonds, they work like regular bonds in many ways and allow companies to ... Read more ... |
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Sustainable finance is poised to fund the future of the planet, addressing climate change, equity, and governance - Insider  (Mar 03, 2022) |
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Mar 03, 2022 · This article is part of the "Financing a Sustainable Future" series exploring how companies take steps to set and fund sustainable goals. Insider, in partnership with Bank of America, is launching the Financing a Sustainable Future editorial series to help business leaders and their stakeholders - including employees, customers, shareholders, and board members - understand the opportunities and uncertainties that come with this secular change to the capital markets. Over the course of the next five months, Insider's reporting will bring to life the people, organizations, and coalitions that are driving progress. While much of the focus of conversations around ... Read more ... |
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Rockefeller heirs are taking aim at JPMorgan and other banks for pouring trillions into fossil fuels by bringing other rich families into the battle - Insider  (Nov 11, 2021) |
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Nov 11, 2021 · At the UN climate change conference COP26, a consortium of banks, asset managers, and other financial institutions, representing $130 trillion in assets, pledged to meet net-zero greenhouse gas emissions targets by 2050. Valerie Rockefeller is not impressed. For nearly two years, the fifth-generation heir of oil baron John D. Rockefeller has been putting pressure on banks to stop facilitating trillions in funding to the fossil fuel industry through lending, investing, and underwriting. The Glasgow Financial Alliance for Net Zero asks that members curb emissions from their lending and investing portfolios, but it does not require members to stop funding new fossil fuel ... Read more ... |
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Renominating Jerome Powell for Fed chair is a mistake that will have serious consequences for our planet - Insider  (Sep 09, 2021) |
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Sep 09, 2021 · The climate crisis is creating risks that banks and regulators like the Federal Reserve are failing to address. Wildfires like the Caldor fire are destroying homes, neighborhoods, and entire towns. Hurricanes like Ida are battering and flooding our coasts. Weekly heat waves are overtaxing electric grids and buckling infrastructure. If we don't get emissions under control quickly, extreme weather, drought, and migration will soon gut the economies of regions and nations. A rapid transition to clean energy would create millions of jobs, improve public health, and reduce energy costs. But banks are still making massive investments in oil wells and gas pipelines, even though such ... Read more ... |
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Biden appoints former oil and gas executive to oversee energy security policy amid growing climate catastrophe - Insider  (Aug 10, 2021) |
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Aug 10, 2021 · Business Insider Australia The Biden administration has reportedly appointed Amos Hochstein, formerly the Senior Vice President of Marketing at natural gas company Tellurian, to be an energy envoy at the State Department, giving the former oil and gas executive purview over US energy security policy. Hochstein, a former board member of Ukrainian gas company Naftogaz and a “Russia hawk,” will be overseeing a US-Germany deal to allow the controversial Nordstream 2 pipeline to be completed, according to Axios. Previously, Hochstein served in the Obama administration as the State Department’s special envoy for international energy affairs, where he met ... Read more ... |
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This unusual hydrogen paste could revolutionize the transport industry - Insider  (Feb 15, 2021) |
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Feb 15, 2021 · As the devastating potential impacts of climate change become increasingly obvious, many are turning away from fossil fuels to power their vehicles and looking for alternatives. The answer may lie in the hydrogen industry, which is projected to generate $2.5 trillion in revenue by 2050 and to provide hard competition to Elon Musk's Tesla-produced electric cars. A team at the Fraunhofer Institute for Manufacturing Technology and Advanced Materials IFAM in Germany has now developed a hydrogen paste, POWERPASTE, that may be easier to use especially in smaller vehicles. In 2018, the French startup Pragma Industries began selling hydrogen-powered bikes. However, ... Read more ... |
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The carcass of a young woolly rhinoceros that died thousands of years ago was found almost - Insider  (Jan 01, 2021) |
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Jan 01, 2021 · Alexei Savvin stumbled upon an unprecedented find walking near the Tirekhtyakh River in Yakutia, Siberia last August: an almost perfectly-preserved woolly rhino carcass. Most of the rhino's hooves, teeth, and internal organs were still intact. The animal still had some of its thick, fur coat, and researchers even found its horn, which had broken off but lay nearby. After analyzing the carcass, Siberian scientists announced on Tuesday that the rhino likely lived between 20,000 and 50,000 years ago. It is one of the most intact ancient rhinos ever found. "The young rhino was between three and four years old and lived separately from its mother when ... Read more ... |
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Goldman's chief economist breaks down why a Biden-led blue wave would prompt an upgrade in growth forecasts - Insider  (Oct 05, 2020) |
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Oct 05, 2020 · Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer | Commerce Policy | Made In NYC | Stock quotes by finanzen.net Current polling suggests a blue wave led by Democratic presidential nominee Joe Biden is becoming more likely, as he extends his lead following last week's presidential debate, Goldman Sachs said in a note on Monday. Democratic control of the presidency and both the House and the Senate would likely lead to a surge in economic growth, according to Goldman, as it would give Biden and his party more latitude to pass their legislative agenda. If Biden does win in the upcoming November ... Read more ... |
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India coronavirus robot uses thermal camera to take temperature - Business Insider - Insider  (May 09, 2020) |
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May 09, 2020 · India is yet another country using robots to take some of the burden off of HealthCare workers, with a humanoid robot named Mitra that takes patients' temperatures using a thermal camera. India's 1.3 billion residents have been under lockdown since March 24, and last week the orders were extended for at least another two weeks. "To save India and every Indian, there will be a total ban on venturing out of your homes," Prime Minister Narendra Modi said. In late April, some convenience stores were allowed to reopen, but specific rules vary by state. The Indian government has also developed a controversial contact tracing app which shares residents' location ... Read more ... |
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A top clean energy investor who's backed 30 companies reveals why he won't bet on batteries - Insider  (Jan 09, 2020) |
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Jan 09, 2020 · In the last decade, renewable energy production has doubled in the US, fueling a multi-billion-dollar energy storage industry, which analysts expect to triple in 2020. Tom Blum, a prominent clean-energy investor who's directly backed around 30 companies, agrees that energy storage is bound to explode, but his advice for investors looking at battery technology is clear: \"Run away,\" he said. \"It's an extremely complex area and it's not easy for people to make money,\" Blum said.Blum says it's easy to get seduced by new battery technologies, but he knows of few examples of investors who have scored big returns. Click here for more BI Prime stories.You can't have solar panels and ... | By Benji Jones Read more ... |
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Researchers built AI technology that uses algae to fight climate change, and they're planning on releasing the design so anyone can build one - Insider  (Dec 17, 2019) |
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Dec 17, 2019 · There are only a few ingredients needed for algae to take over: carbon dioxide, light, and water. The ancient microorganism is thriving thanks to record heat waves and fertilizers washed away into nearby waters. And that's bad news for pretty much everything else. But what if a fourth ingredient — artificial intelligence — could transform the gooey sludge from a growing pest into a tool to fight climate change? A team of researchers at the AI technology company Hypergiant sees algae as a weapon that can be harnessed for our benefit. They recently built an AI-powered machine, the EOS bioreactor, that takes advantage of ... | By Daniel T Allen Read more ... |
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Trump went off at the NATO summit with wild comments about climate change, ISIS fighters, and Adam Schiff - Insider  (Dec 04, 2019) |
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Dec 04, 2019 · President Donald Trump made his mark on yet another NATO summit in London, England on Tuesday with a series of wild, off-the-cuff comments in meetings with world leaders. Throughout his presidency, Trump has created awkward moments at international summits by sharply criticizing the US's European allies over trade, defense issues, and NATO's budget. In his sit-down meetings with French President Emmanuel Macron and Canadian Prime Minister Justin Trudeau, Trump raised eyebrows with a number of insulting and exaggerated statements.Visit Business Insider's homepage for more stories.President Donald Trump made his mark on yet another North Atlantic Treaty Association (NATO) summit in ... | By Grace Panetta Read more ... |
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California is becoming unlivable, according to science - Insider  (Nov 15, 2019) |
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Nov 15, 2019 · In the past decade, California has seen a devastating drought, enormous and deadly fires, and a skyrocketing homeless population.Taken together, these factors are making the state increasingly unlivable.Visit Business Insider's homepage for more.California is becoming a precarious place to live.Seven of the state's 10 most destructive fires have occurred in the past decade. From 2011 to 2015, it endured a major drought that forced families in the Central Valley to bathe from buckets and drink water from plastic jugs to avoid contamination. And California's homeless population has increased so much that it now makes up a quarter of the national total.These problems are only getting ... | By Aria Bendix Read more ... |
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The US could end up running on gasoline forever, leaving electric vehicles to China and Europe - Insider  (Nov 14, 2019) |
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Nov 14, 2019 · Tesla's Elon Musk, right, at a groundbreaking for a factory in China. Aly Song/Reuters In the decade I've been covering the auto industry, I've never seen a bigger mismatch between market expectations for electric vehicles and market realities. In 2010, I was standing in the parking lot of Dodger Stadium in Los Angeles to hear Nissan CEO Carlos Ghosn proclaim that by 2020, 10% of the auto market worldwide would be electric. The occasion was the introduction of Nissan's Leaf EV, a car that's still on sale today, even though Ghosn's career is in ruins as he awaits trial in Japan on charges of financial malfeasance. The global market for ... | By Matthew DeBord Read more ... |
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Photos from space reveal what climate change looks like, from melting Arctic ice to rampant California fires - Insider  (Nov 08, 2019) |
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Nov 08, 2019 · Earth has warmed, on average, 1 degree Celsius in the last century due to greenhouse-gas emissions that trap heat on the planet.The consequences are becoming increasingly visible on the ground and even from space.July 2019 was the hottest month ever recorded. This summer, vast areas of the Arctic were engulfed in flames.A recent United Nations report projected that sea levels could be 3 feet higher by 2100 due to warming oceans and melting glaciers. Here's what that all looks like from above.Visit Business Insider's homepage for more stories.News on the climate front has been dire this year.Atmospheric carbon-dioxide hit its highest concentration in recorded history in May: 415 ... | By Aylin Woodward Read more ... |
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Google is launching an accelerator for climate change startups - Insider  (Nov 06, 2019) |
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Nov 06, 2019 · Google's Sustainability Officer Kate Brandt on Tuesday announced a new startup program to help and encourage startups working on sustainability products. Startups hoping to create commercial businesses in the sustainability world face special problems, Brandt told the crowd in Lisbon attending the Web Summit tech conference, where the announcement was made. These startups struggle with everything from a lack of investors to difficulties finding other startups with similar goals. So Google is looking for 8-10 startups from Europe, the Middle East, and Africa to take part in a six-month accelerator program in early 2020. Applications for the first cohort will open ... | By Julie Bort Read more ... |
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Greta Thunberg is stuck on the wrong continent after the year's most important UN climate-change summit got moved from Chile to Spain - Insider  (Nov 05, 2019) |
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Nov 05, 2019 · Thunberg aboard the zero-emissions vessel Malizia II on August 16. Courtesy of Malizia II media The most famous youth climate activist doesn't fly. Because of air travel's large carbon footprint, Greta Thunberg relies on trains and boats for transportation instead. But that's put the Swedish 16-year-old in a bit of a bind. Thunberg traveled from the UK to New York City on the Malizia II, a sailboat that runs on solar power (and wind, of course), in order to speak at the United Nations Climate Action Summit. Her plan was to stay in the Americas until the UN COP25 climate summit in early December. But on Friday, the event got moved ... | By Aylin Woodward Read more ... |
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Elon Musk is a big fan of climate activist Greta Thunberg - Insider  (Sep 23, 2019) |
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Sep 23, 2019 · Tesla CEO Elon Musk tweeted glowingly about Greta Thunberg, the 16-year-old climate activist.Thunberg has become a globally recognized figure by leading the movement that inspired protests and strikes all over the world on Friday.Musk said on Saturday that Thunberg showed \"better reasoning & more heart than the vast majority of political leaders.\"Visit Business Insider's homepage for more stories.Elon Musk tweeted his support of the iconoclastic climate activist Greta Thunberg on Saturday.Musk retweeted a tweet from Scientific American about Thunberg's role in the global climate-change protests last week, to which a Twitter user responded: \"Yeah. Let's let a 16 year old determine ... | By Isobel Asher Hamilton Read more ... |
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The Green New Deal will be tremendously expensive. Every penny should go on the government's tab. - Insider  (Sep 23, 2019) |
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Sep 23, 2019 · Although its seeds are freshly planted, the Green New Deal (GND) resolution has already regenerated the US policy landscape. By coupling concrete, evidence-based goals with policy proposals that explicitly support these goals, Green New Dealers have shown not only courage but savvy. Advocates of the GND reject "soft denialist" suggestions that the climate crisis is merely a technical problem we can fix by "unrigging" old markets, manufacturing new markets, or implementing isolated taxes. This recognition has helped shift the discussion toward ambition - and toward survival. In support of this evolution, most advocates embrace another cold, hard truth: Only the ... | By Nathan Tankus Read more ... |
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