EDITOR'S PICK

Global Warming Price Tag Hits $215 Trillion

23 May 2024 | Synopsis

"...new New Energy Outlook...shows that between now and 2050 [that] it will require a $215 trillion investment to keep rising temperatures at 1.75 degrees C above preindustrial levels.

"Bloomberg number is ten times the current US GDP, meaning the $215 trillion may not be available...Bloomberg number is ten times the current US GDP, meaning the $215 trillion may not be available.

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"Climate Arsonists": 8 Major Oil Companies Fail to Align With Paris Agreement

23 May 2024 | Synopsis

"Oil Change International's Big Oil Reality Check report, released Tuesday, concludes that the plans of BP, Chevron, ConocoPhillips, Eni, Equinor, ExxonMobil, Shell, and TotalEnergies would actually put the world on track for more than 2.4°C of warming...American fossil fuel corporations are the worst of the worst..Oil Change found that six out of the eight companies have official plans to increase oil and gas production..."

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We Get More Useful Energy Out Of Renewables Than Fossil Fuels

22 May 2024 | Synopsis

"It costs less energy to get fossil fuels, but we can't use them as efficiently

"...the researchers propose an alternate form of the energy return on investment (EROI) -something they call useful-stage EROI...oil products are at only 2, meaning we only get about twice as much energy out of gasoline as we put into producing and using it.

"Renewable energy...like wind and solar...can be used for things like heating, rail and road transit..."

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Study: Dip In Demand For Electric Cars Will Soon Be Over

22 May 2024 | Synopsis

"...market researchers are already forecasting rising market shares for 2025 in their EU Passenger Car Report 2024. Last year, 16 per cent of new vehicles sold in Europe were purely electric cars...the figure is expected to rise to 23 per cent as early as 2025, then to 33 per cent two years later and to 48 per cent in 2029.

"...research team...argues that technical progress, economies of scale and new competitors (presumably from China) will lead to price reductions for electric cars."

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10 Signs You Bought the Wrong Hybrid Vehicle

22 May 2024 | Synopsis

"...not all hybrids are created equal, and sometimes, you might find that the hybrid you purchased isn't meeting your expectations...it's essential to choose one that fits your needs and expectations. If you recognize any of these signs in your current hybrid vehicle, it might be time to reevaluate your decision and consider other options. (Original source document was AI-generated: editorially 'fine-tuned').

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On Self-Driving, Waymo Is Playing Chess While Tesla Plays Checkers

22 May 2024 | Synopsis

"We'll know Tesla is serious about robotaxis when it starts hiring remote operators.

" Waymo's impressive performance comes with an asterisk. While no one was behind the wheel during my rides, Waymo has remote operators that sometimes provide guidance to its vehicles.

"Waymo launched its driverless service in 2020 in the easiest environment it could find - residential streets in the Phoenix suburbs."

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Is There Really "Structural Overcapacity" Of EVs & Solar That "The World Cannot Absorb"?

22 May 2024 | Synopsis

"...China's new energy industry has made great progress in an open and competitive environment and represents advanced production capacity...there is a big opportunity for any capacity in China that may been deemed 'spare capacity' to be aggressively redirected to make a real impact in other parts of the world, such as Asia, Central and South America, as well as Africa....nice range of more affordable brand new EVs...could essentially create a whole new market for brand new vehicles in Africa..."

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Electric Trucks Are Already Lower Carbon Than Rail In Much Of North America

21 May 2024 | Synopsis

"It's a bit rich [for rail] to brag about how low carbon your transportation mode is if your primary load is high carbon, and about 33% of North American rail loads are coal and oil...

"...at California's electricity carbon intensity for 2023 of 272.4 g CO2e/kWh, delivering the same load with electric semis would result in under five metric tons of carbon dioxide, while running on rail would emit over five tons...while California is better than the US average, it?s not even close to best of breed in North America"

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A 100 Percent Tariff on Chinese Cars Is a Bad Idea. Here's a Good One

21 May 2024 | Synopsis

"Collaboration with Chinese firms may sound counterintuitive. But U.S. automakers are already doing it."

"Companies are investing more in clean technology, including $12 billion last year alone in electric vehicle supply chains. U.S. electric vehicle sales are climbing, albeit at a more modest pace...major question is around how competitive the U.S. electric vehicle sector will be globally...U.S. firms are not going to be competing...but they will lose the entire world market to leaner, meaner, shinier Chinese cars."

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Ph.D. Student Debunks Common Financial Myth About Clean Energy: 'Millions Of Dollars Directly Influencing Politicians'

21 May 2024 | Synopsis

"Rosh...is helping to cut through the noise in his recent video, which examines where the dirty energy sector is investing some of its money...newly released internal documents shed light on the dirty energy sector's role in spreading climate disinformation to protect its bottom line

"'Follow the money', with regards to climate change...As if it leads anywhere other than the fossil fuel industry."

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China's EV Makers Are Having More Trouble Paying Their Bills And Now Take 2 To 3 Times Longer Than Tesla Does

20 May 2024 | Synopsis

"Nio Inc. was taking around 295 days to clear its receipts payable, the vast majority of which are owed to suppliers, at the end of 2023 versus 197 days in 2021... Xpeng Inc., another US-listed Chinese EV maker, was taking 221 days to honor its obligations to vendors and related parties, up from 179 days

" Tesla Inc., by comparison, only took around 101 days, and that period has remained largely stable in the past three years"

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Michigan Leaders Celebrate Historic Clean Car Standards

20 May 2024 | Synopsis

"The final rule, Multi-Pollutant Emissions Standards for Model Years 2027 and Later Light-Duty and Medium-Duty Vehicles, was announced in March.

"State Rep. Martus [pictured]...believes [climate and good jobs] go hand-in-hand...consumers will eventually see the prices of the vehicles come down - making them just as competitive, if not more so, than traditional vehicles.

"...new standards will phase in over model years 2027 through 2032.

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