Tesla Offers Tremendous Discounts
Tesla is offering 0% APR for 72 months. That is an extremely aggressive deal, usually offered by car companies that want to clear out inventory.
Tesla is offering 0% APR for 72 months. That is an extremely aggressive deal, usually offered by car companies that want to clear out inventory.
International Energy Agency (IEA) Executive Director Fatih Birol calls the current US war with Iran and the Russian war with Ukraine, which has shut down the fossil fuel industry worldwide.
Lightning killed a man in Wisconsin last week. It is the first of what is likely to be several dozen deaths during the season.
American cars produce more pollution than those of any other nation in the world. One reason is our love of SUVs and big pickups.
Maine may be the first state to enact a moratorium on data centers. The reason is simple. Data centers are huge consumers of electricity. That will leave people with high bills and, according to The Stanford Woods Institute for the Environment, could cause blackouts.
China has an overabundance of solar energy production. It is financially damaging the sector. Unfortunately, much of the world needs inexpensive solar equipment to get “greener.”
Coal is the largest emitter of greenhouse gases among all major energy sources. As oil supplies drop, China is increasing its use. The country is already the world’s greatest polluter. And the US in briung it back for AI data centers. Global greenhouse targets will be undermined.
Ford has exited the EV sector. It shows. First quarter EV sales were down 69.6% to 6,860. And that is against Ford’s total sales of 457,315. EVs were only 1.5% of that total.
EV sales in the US have been terrible since the $7,500 federal tax credit was taken away. There has been hope that high gas prices would drive demand. However, history shows that gas prices need to stay high for months to drive EV adoption. An industry that loses money will continue to
Tesla is on its way to losing money and has already lost its lead as the world’s largest EV company. While it struggles in the US, its future is severely damaged in China, which is the world’s largest EV market. There are dozens of EV companies there that have badly damaged Tesla’s sales and driven…
Reuters points out that the oil on tankers trapped near the Strait of Hormuz is not the world’s largest crude problem. $50 billion worth of oil was never produced because refineries have been shut down for almost 50 days. That supply can’t be replaced.
The Trump Administration has set back green energy by years by removing incentives and attacking offshore wind. Even when green installations are built, many are not attached to the grid.
As much as $400 billion of military assets are facing threats from climate change. The Department of War is investing in protection.
Ford just wrote off $19.5 billion as it closed its EV business. It was the largest write-off in auto industry history. Now, because of Iran, EV demand is rising.
There are 16 uncontained wildfires in the US, and we are already in a record season.
The Everglades is the dirtiest lake in America. A 40-year plan to clear it up has failed.
Despite the Strait of Hormuz being open for now, $20 billion of crude on oil tankers will take months to clear. The case for renewables has never been stronger
A huge wind farm, the biggest in America, has come online. Despite the battle of the Trump Administration, it shows that green energy is still making progress
It’s a strange story. Two years ago, cocoa prices were at record levels. Consumers stopped buying chocolate. The drop in demand was so sharp that chocolate makers had built too much inventory, which they had bought near the top of the market. The consumer has not come back. Now, the markers have oversupply and have…
China wants to reduce its dependence on foreign oil, which poses a significant challenge to its sovereignty. Its green plans mean to end that risk. Its investments will be huge compared to those of any other nation. The US, in the meantime, is moving toward fossil fuels.
Thermal coal production and use have dropped sharply over the last decade due to pollution concerns. This has cut hundreds of millions of dollars from the industry’s revenue. With oil and gas bottled up due to the Strait of Hormuz, coal will benefit for decades.