Environment

Heat pumps are an energy improvement for homeowners that becomes a climate and financial winner

Heat pumps are an energy improvement for homeowners that becomes a climate and financial winner

Heat pumps are becoming increasingly popular for residential housing with rising energy prices and the need to reduce the use of fossil fuel heating systems. Andrew Aitchison | In pictures | Getty Images Are you thinking of a domestic heat pump? New and expanded government incentives, coupled with a steep rise in utility costs, make …

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Electric school buses offer kids a cleaner, but more expensive, route to class

Electric school buses offer kids a cleaner, but more expensive, route to class

BEVERLY, Mass. β€œIt’s a gray November morning, and we’re on a long yellow school bus. The bus bounces around the patched streets of this Boston suburb in a way that would be familiar to anyone who has ever taken the bus to class. But the bus is quiet – and not just because there are …

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Democratic lawmakers accuse big oil companies of 'greenwashing'

Democratic lawmakers accuse big oil companies of ‘greenwashing’

Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Exxon and Chevron posted record profits in the second quarter of 2022 as energy stocks have weakened in recent months. Brandon Bell | Getty Images On Friday, two Democratic lawmakers accused the largest oil companies in the United States …

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Why Europe is quietly mad about the US climate bill

Why Europe is quietly mad about the US climate bill

Just a few small issues to fix. Photo: Eveleyn Hockstein (Reuters) The landmark Inflation Reduction Act is the largest U.S. contribution yet to meeting global emissions reduction goals. And the American allies are not happy about it. Certainly, they are happy to see that the United States is (finally) spending hundreds of billions of dollars …

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Tesla CEO Elon Musk launches first semi-truck deliveries

Tesla CEO Elon Musk launches first semi-truck deliveries

Tesla CEO Elon Musk kicks off deliveries of the company’s heavy-duty truck, the Semi, to the Gigafactory in Sparks, Nevada. Tesla Inc. You’re here CEO Elon Musk kicked off deliveries of the company’s first production tractor-trailers on Thursday, speaking on stage at the company’s factory in Sparks, Nevada, with Dan Priestly, the company’s senior manager …

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Russian oil sanctions are about to come into effect.  And they could significantly disrupt the markets

Russian oil sanctions are about to come into effect. And they could significantly disrupt the markets

European oil sanctions are due to come into force on December 5. The idea is to reduce Russia’s oil revenues given its war in Ukraine. Andrei Rudakov | Bloomberg | Getty Images Upcoming sanctions on Russian oil could be “really disruptive” for energy markets if European countries fail to set a cap on prices, analysts …

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Brexit Britain stuck in the middle as US and EU go to war over trade

Brexit Britain stuck in the middle as US and EU go to war over trade

Press play to listen to this article Expressed by artificial intelligence. LONDON β€” Three years after leaving the EU to chart its own course, Britain finds itself caught between two economic behemoths in a brewing transatlantic trade war. In one corner is the United States, whose Congress passed the Biden administration’s vaunted $369 billion green …

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Tesla is still dominant, but its market share in the United States is eroding as cheaper electric vehicles arrive

Tesla is still dominant, but its market share in the United States is eroding as cheaper electric vehicles arrive

You’re here is still the best-selling electric vehicle brand in the United States, but its dominance is eroding as competitors offer a growing number of more affordable models, according to a report released Tuesday by S&P Global Mobility. The data company found that Tesla’s market share of new U.S.-registered electric vehicles was 65% in the …

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'There may be no light for a very long time': Ukrainians face huge survival test this winter

‘There may be no light for a very long time’: Ukrainians face huge survival test this winter

People warm up near the fires outside the main railway terminal in Lviv, Ukraine. Dan Kitwood | Getty Images News | Getty Images More than 10 million Ukrainians have fled the country since the start of the war, but many of those who have remained – particularly in the south and east of the country …

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Canceled sailings from China and 'drastic' ship cuts affect US ability to reach export market

Canceled sailings from China and ‘drastic’ ship cuts affect US ability to reach export market

Shipping containers at a container terminal at the Port of Long Beach-Port of Los Angeles complex in Los Angeles, California on April 7, 2021. Lucy Nicholson | Reuters An increase in canceled or canceled departures from Asia to the United States is hitting some of the largest domestic ports, including the Port of Long Beach …

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