Big Oil CEOs have a personal reason to put more focus on less fossil fuels

A Shell employee walks past the company’s new Quest Carbon Capture and Storage (CCS) facility in Fort Saskatchewan, Alberta, Canada, October 7, 2021. Todd Korol | Reuters As energy sector demand roars back and commodities market pundits talk about the return of $100 oil, there are new factors in the energy sector pushing producers to … Read more

Climate change will dominate Biden’s agenda when he heads to Europe in two weeks

US President Joe Biden delivers remarks and participates in the virtual Leaders Summit on Climate Session 5: The Economic Opportunities of Climate Action from the White House in Washington, DC, on April 23, 2021. Jim Watson | AFP | Getty Images President Joe Biden and first lady Jill Biden will travel to Europe in two … Read more

Volatile energy markets are here to stay, IEA warns

Steam rises from the cooling towers of the Lippendorf power plant south of Leipzig, Germany. picture alliance | picture alliance | Getty Images Energy prices around the world are at record highs as a power crunch hits Europe and Asia — and the International Energy Agency warned Wednesday that volatility is here to stay. In … Read more

Climate Change Is Already Affecting Almost Everyone on Earth

Oct. 12, 2021 — The effects of climate change span the globe and have reached an overwhelming majority of people on Earth in the form of coastal flooding, wildfires, and other climate-related events, new findings suggest. Using a special computer program to analyze the sizeable amount of data on climate change, researchers report that about … Read more

Telsa invites more drivers to ‘Full Self-Driving Beta’ program — read the email here

People look at a Tesla Model Y car at a Tesla showroom in Beijing on January 5, 2021. Wang Zhao | AFP | Getty Images Tesla released a new version of its experimental driver assistance software, which it has dubbed Full Self-Driving Beta 10.2, according to an email the company sent to eligible car owners … Read more

Tesla took 12 years to build 100,000 cars. China’s Xpeng and Nio took about half that time

Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology. Arjun Kharpal | CNBC BEIJING — China’s electric car companies are racing to ramp up production, faster than Tesla did in its early days. U.S.-listed start-up Xpeng … Read more

‘Ground zero for pollution:’ In this L.A. neighborhood surrounded by oil refineries, residents grapple with health issues

Magali Sanchez-Hall, a Wilmington resident for over two decades, has struggled with asthma her entire life. She says the health issue stems from her proximity to oil and gas drilling. Emma Newburger | CNBC LOS ANGELES, CALIF. — Stepping out of a coffee shop near Interstate 110 in the Wilmington neighborhood of Los Angeles, you’re … Read more

Tesla must pay $137 million to ex-worker over hostile work environment, racism

Tesla Chief Executive Office Elon Musk speaks at his company’s factory in Fremont, California. Noah Berger | Reuters A San Francisco federal court decided that Tesla must pay a former worker, Owen Diaz, around $137 million after he endured racist abuse working for the company, his attorneys told CNBC on Monday. The jury awarded more … Read more

Tesla delivered 241,300 vehicles in the third quarter, topping expectations

The logo of Tesla seen at one of its showroom. Tesla announced its Q1 2021 earnings today. Toby Scott | LightRocket | Getty Images Tesla delivered 241,300 electric vehicles during the third quarter of 2021, the company reported Saturday. The quarter’s deliveries topped expectations. Analysts predicted that Tesla would deliver around 220,900 electric cars during this … Read more

Why California is shutting down its last nuclear plant

Aerial view of the Diablo Canyon Nuclear Power Plant which sits on the edge of the Pacific Ocean at Avila Beach in San Luis Obispo County, California on March 17, 2011. Mark Ralston | AFP | Getty Images California is not keeping up with the energy demands of its residents. In August 2020, hundreds of … Read more