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Thanks in part to the IRA, US greenhouse gas emissions in 2030 will likely be between 32% and 34% lower than they were in 2005, according to the REPEAT project, which is led by Princeton University’s ZERO Lab. By 2035, the reduction will have reached 40%-43%. https://theprogressplaybook.com/2024/08/20/how-the-inflation-reduction-act-is-transforming-america-and-the-world/ One of the things I love about how…
After teasing the electric supercar’s sleek design, dance moves, and other fun features, BYD launched the Yangwang U9 in February. Starting at around $233,000 (1,680,000 yuan), the U9 is priced at a hefty premium compared to most low-cost BYD models starting at around $10,000 to $25,000. https://electrek.co/2024/08/19/byd-chinas-supercars-get-serious-new-1200-hp-ev/
In the first seven months of 2024, the US got more electricity from wind and solar than from coal — a historic inflection point in the world’s largest economy. https://theprogressplaybook.com/2024/08/19/wind-and-solar-overtake-coal-power-in-the-us-for-good/
OceanX is one of the wind turbines that has been making a lot of noise lately as it is now the world’s largest single-capacity floating wind platform. It has finally started its voyage from Guangzhou, China and is expected to reach its final destination of the Qingzhou IV Offshore Wind Farm in Yangjiang, Gangdong by…
The complex crises we face demand that we move beyond totalising attitudes to optimism and realism. We must embrace a more nuanced understanding that incorporates a range of adaptive strategies and actions. This model is intended not as a new, fixed framework for the way things are, but a device with which to loosen up…
The Chinese have executed the low-end disruption playbook to perfection… cars is just *one* of the markets. This story is going to play out again and again. Driving China’s ascendancy is a massive and abrupt shift to electric vehicles. The EV share of total car sales will jump to almost 50% this year, up from…
Chile is phasing out coal faster than any other developing nation thanks in part to regulations that bolstered environmental standards and gave investors the right signals, says former environment minister Marcelo Mena-Carrasco. In the first half of 2024, coal accounted for just 17.5% of Chile’s electricity output, data collated by research group Ember shows. That’s…
In a world of BS talking points… it’s heartening to see this one die. Michael Liebreich, chief executive officer of Liebreich Associates and managing partner of EcoPragma Capital, is more blunt. “There are no longer any so-called hard-to-abate sectors,” he wrote for BloombergNEF earlier this year. “There are only some sectors in which clean solutions…
This feels like a gigantic deal… not in numbers, but in impact. Uber is teaming up with BYD to bring 100,000 of the Chinese automaker’s electric vehicles to the ridesharing app. The multiyear partnership will roll out in Europe and Latin America first, giving drivers “best-in-class pricing and financing” for BYD vehicles used with Uber. https://www.theverge.com/2024/7/31/24210369/uber-byd-partnership-ride-hailing-evs That…
Shares of Ford Motor Co. fell 11.6% in the extended session Wednesday after the car maker reported quarterly profits well below Wall Street’s expectations and notched another billion-dollar loss on EVs. https://www.msn.com/en-us/money/companies/ford-saw-a-11-billion-loss-in-its-ev-business-dragging-q2-profit-well-below-wall-street-forecast/ar-BB1qzrGo This is the thing I don’t get, right. EVs are less complex than ICE vehicles… so why aren’t Western auto makers able to…
Dave5 