Musk delivers first Tesla truck, but no update on output, pricing

Musk delivers first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on orders or capacity for electric truck Semi uses existing Tesla motors, to feature new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) without offering updated forecasts … Read more

COP27 nears breakthrough on climate finance in scramble for final deal

COP27 nears breakthrough on climate finance in scramble for final deal

Countries studying details of new draft agreement Delegates herald possible breakthrough on loss and damage EU prepared to exit talks without positive outcome Some nations want firmer goals on long-term action SHARM EL-SHEIKH, Egypt, Nov 19 (Reuters) – Negotiators at the COP27 climate summit in Egypt neared a breakthrough deal on Saturday for a fund … Read more

Climate change: 1.5C warming threshold to be passed in 9 years as emissions hit record high

Climate change: 1.5C warming threshold to be passed in 9 years as emissions hit record high

Global fossil–fuel carbon dioxide emissions have bounced back to make 2022 the highest year on record, surpassing the previous all-time high set in 2019. Key points: Global fossil emissions are back to a record high and expected to keep growing before they stabilise It is an “impossibility” to keep warming within 1.5C without overshoot, scientists say, and we’ll … Read more

COP27: Polluters must pay for climate change, poor nations tell rich

COP27: Polluters must pay for climate change, poor nations tell rich

Island nations call for global carbon tax ‘While they are profiting, the planet is burning’ Fears grow for jailed hunger striker in Egypt SHARM EL-SHEIKH, Egypt, Nov 8 (Reuters) – Leaders from poor countries criticized wealthy governments and oil companies for driving global warming, using their speeches on Tuesday at the COP27 climate summit in … Read more

COP27: We’re on a highway to climate hell, U.N. boss says

COP27: We’re on a highway to climate hell, U.N. boss says

China, United States have leading role Guterres seeks coal phase-out by 2040 UAE, host of 2023 talks, says will keep producing fossil fuel SHARM EL-SHEIKH, EGYPT, Nov 7 (Reuters) – United Nations Secretary General Antonio Guterres told countries gathered at the start of the COP27 summit in Egypt on Monday they face a stark choice: … Read more

Climate activists block private jet take-offs at Schiphol Airport

Climate activists block private jet take-offs at Schiphol Airport

AMSTERDAM, Nov 5 (Reuters) – More than 100 environmental activists wearing white suits stormed into an area where private jets are kept at Amsterdam’s Schiphol Airport on Saturday and stopped several aircraft from departing by sitting in front of their wheels. The protest was part of a day of demonstrations in and around the airport … Read more

Biden awards $2.8 billion to boost U.S. minerals output for EV batteries

Biden awards .8 billion to boost U.S. minerals output for EV batteries

WASHINGTON, Oct 19 (Reuters) – The Biden administration said on Wednesday it is awarding $2.8 billion in grants to boost U.S. production of electric vehicle batteries and the minerals used to build them, part of a bid to wean the country off supplies from China. Albemarle Corp (ALB.N) is among the 20 manufacturing and processing … Read more

Nord Stream rupture may mark biggest single methane release ever recorded -UN

Nord Stream rupture may mark biggest single methane release ever recorded -UN

Sept 30 (Reuters) – The ruptures on the Nord Stream natural gas pipeline system under the Baltic Sea have led to what is likely the biggest single release of climate-damaging methane ever recorded, the United Nations Environment Programme said on Friday. A huge plume of highly concentrated methane, a greenhouse gas far more potent but … Read more

Al Gore sees the world at ‘tipping point’ for climate action

Al Gore sees the world at ‘tipping point’ for climate action

Register now for FREE unlimited access to Reuters.com Register Surging power prices pushing governments to decarbonise Gore cites greater action in the United States and Australia Says he is optimistic on further action in Brazil, China LONDON, Sept 21 (Reuters) – (This Sept. 20 story has been refiled to correct typo in second bullet point) … Read more

Britain has its first Black chancellor — but don’t make a thing of it – POLITICO

Britain has its first Black chancellor — but don’t make a thing of it – POLITICO

Press play to listen to this article LONDON — Britain has its first Black chancellor. And in the modern-day Conservative Party, it’s really no big deal. In one of her first acts as British prime minister, Liz Truss picked her long-time friend and close confidante Kwasi Kwarteng to manage the U.K. public finances. An MP since … Read more