Lucid Motors has launched the Lucid Air, an electric vehicle that can travel over 500 miles on a single charge, addressing a major concern for EV buyers—range. Despite Lucid’s financial challenges, this breakthrough signals that larger automakers like Tesla and Ford will soon adopt similar technology, making long-range EVs more appealing to a broader audience….
Used Tesla prices, particularly for the Model 3, have dropped over 25% this year, according to IC Cars. This decline in value is part of a broader trend where demand for electric vehicles has decreased, leading to an oversupply. The drop in used Tesla prices is problematic for the company, as it puts pressure on…
The U.S. faces a $1 trillion challenge to upgrade its aging water infrastructure, which is struggling under the pressures of climate change. Floods and other extreme weather events are overwhelming outdated pipes and water treatment systems, increasing the risk to public health. Additionally, the system is not set up to transfer water efficiently from wet…
A large cloud of thick smoke has spread over Idaho and Montana due to wildfires in California and Oregon. The smoke, as dense as fog in some areas, mirrors last year’s situation in New York City when Canadian wildfire smoke covered the city. This serves as a reminder that climate disasters can have widespread impacts…
The drop in gas prices below three dollars per gallon in the U.S. has created a new challenge for electric vehicle (EV) adoption. Lower gas costs make EVs less attractive to consumers, who often switch to electric for fuel savings. With EV sales already facing difficulties, the abundance of cheap oil could further hinder the…
Falling oil prices, now at $70 per barrel, are making clean energy alternatives like solar and wind less attractive financially. Cheap fossil fuels dissuade both consumers and businesses from investing in greener options, slowing down clean energy adoption. With China nearing a recession and the U.S. ramping up oil production, the reliance on affordable oil…
Northvolt, a major EV battery manufacturer, has laid off staff and cut back on investments due to declining demand for electric vehicles. The company aimed to compete with China, the leading producer of EV batteries, but lower consumer interest has made the market risky. Investors are hesitant to fund new battery ventures as Chinese suppliers…
If no action is taken, 70% of the global population could face extreme weather due to climate change within the next 20 years. Following the Paris Accords could reduce this number to 20%, but continued reliance on fossil fuels in countries like India, China, and the U.S. is hampering progress. Despite some efforts in wind…
Severe drought in Cuba has left over 600,000 people without drinking water, with estimates suggesting the number may be even higher. This crisis parallels the ongoing water shortages in Mexico City due to falling water tables. As droughts become more common, many regions may no longer be livable. In Cuba, relocation isn’t a feasible option,…
A Category 1 hurricane is about to hit New Orleans and South Texas, but the main threat is flooding rather than wind damage. As New Orleans is prone to flooding, this could cause widespread power outages, impacting millions of people and businesses. The situation could result in economic disruptions lasting weeks or months.
Doug McIntyre discusses how Typhoon Yagi has damaged factories in Vietnam, many of which manufacture electronics. The closures will disrupt supply chains, delaying the production and delivery of essential components to the U.S., which will likely drive up consumer prices. Similarly, drought in Panama is slowing shipping through the canal, adding further costs to freight…
Douglas McIntyre reports that Las Vegas is experiencing unusually high temperatures of 105 degrees, which is atypical for autumn when cooler weather is expected. The heat index, making it feel like 115 degrees, poses significant risks to residents, especially those without air conditioning. The extreme heat also negatively impacts the city’s economy by deterring tourists…
Douglas McIntyre highlights a significant issue with electric vehicles (EVs): their batteries don’t perform well in cold weather. In low temperatures, EV batteries may only charge up to seventy percent of their capacity, reducing the expected driving range. This problem, coupled with difficulties in finding charging stations and the higher cost of EVs compared to…
Douglas McIntyre reports an unusual heatwave in Malibu, California, where temperatures have soared to a hundred and fifteen degrees despite being on the Pacific Ocean. This extreme heat is caused by a persistent heat dome that traps hot air and prevents the usual cooling breezes from reaching the area. McIntyre’s son, Hunter, an obstacle course…
Douglas McIntyre reports a significant rise in home inventory in Tampa and Miami, with Tampa’s inventory up ninety percent in the past year. This increase reflects growing concerns about hurricanes and flooding, leading many homeowners to relocate. The surge in available properties is causing home prices to drop, while insurance premiums and high mortgage rates…
Douglas McIntyre highlights the emerging crisis of the Mississippi River’s drying up due to climate change-induced droughts. The river, crucial for transporting goods and services, is facing reduced water levels, disrupting shipping operations. This issue mirrors problems in the Suez and Panama Canals but is now impacting a significant U.S. waterway. If the drought persists,…
Douglas McIntyre reports on the risks associated with the 62,000 dams in the United States, which average sixty-three years in age. These dams are critical for hydroelectric power and flood protection but face increasing danger due to climate change-induced heavy rainfall. Recent breaches have highlighted the growing risk of flooding from these aging structures. With…
Doug McIntyre explains that half of the U.S. cities at the greatest risk of flooding due to climate change are in Florida. The frequency and intensity of hurricanes, impacting both the Atlantic and Gulf coasts of Florida, pose a significant threat. Hurricanes often travel beyond Florida, affecting the Carolinas and even New York. Additionally, rising…
Douglas McIntyre reports that falling oil prices, now at a three-year low, are detrimental to climate efforts. The drop is driven by record oil production in the U.S. and decreased demand from China, the world’s largest oil consumer. Lower oil prices make fossil fuels more financially appealing compared to renewable energy sources like solar and…
Doug McIntyre reports that climate change is accelerating the deterioration of bridges across the U.S. An expert likened this to Tinker Toys, suggesting that just as these toys fall apart easily, so do bridges under the stress of extreme weather. Rising temperatures can warp steel, while increased rainfall and flooding damage concrete and cause structural…
Doug McIntyre explains that car insurance rates are rising across the U.S. due to increasing weather-related damages from climate change. Frequent storms, floods, and hail in areas like Florida, the Midwest, and along major rivers are causing significant damage to vehicles. When cars are submerged in water, engines often require costly repairs or replacement, which…
