Environment

Karma Automotive has raised a $100 million lifeline from outside investors, as reported by Bloomberg, with the struggling electric vehicle maker’s fortunes likely buoyed by the current market optimism on other EV companies including Tesla. Karma is the reincarnated version of Fisker Automotive, which previously faced bankruptcy before being acquired by Wanxiang Group in 2014.
0 Comments
Tesla’s 2014 acquisition of SolarCity turned the electric vehicle manufacturer into the undisputed largest player in residential solar, but that lead has steadily eroded as its major competitor, Sunrun, surged ahead with more aggressive plans. Now with the $3.2 billion dollar acquisition of the residential solar installation company, Vivint Solar, Sunrun looks to solidify its
0 Comments
DroneBase, a Los Angeles-based provider of drone pilots for industrial services companies, has raised $7.5 million during the pandemic to double down on its work with renewable energy companies. While chief executive Dan Burton acknowledged that the company was fundraising prior to the pandemic, the industrial lockdown actually accelerated demand for the company’s services. Even
0 Comments
(Reuters) – Six European Union countries, including Germany, France and the Netherlands, have called for EU legislation and increased funding to support hydrogen, a low-carbon technology in line for cash from the bloc’s coronavirus recovery fund. FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, February 19, 2020. REUTERS/Yves Herman/File
0 Comments
(Reuters) – Agriculture Secretary Sonny Perdue on Friday unveiled what he called a “blueprint” for enabling energy extraction, mining, grazing and logging in federal forests by speeding up environmental reviews and permitting. FILE PHOTO: U.S. Secretary of Agriculture Sonny Perdue holds a U.S. flag-themed face mask while speaking about the nation?s food supply chain during
0 Comments
BRASILIA (Reuters) – Deforestation in Brazil’s Amazon rainforest rose for a 13th consecutive month in May, government data showed on Friday, despite President Jair Bolsonaro’s deployment of the military to fight soaring environmental destruction in the region FILE PHOTO: FILE PHOTO: An aerial view shows a deforested plot of the Amazon near Porto Velho, Rondonia
0 Comments
Workers disembark from a helicopter after being evacuated from oil production platforms ahead of Tropical Storm Cristobal, at Bristow Galliano Heliport in Galliano, Louisiana, U.S. June 6, 2020. REUTERS/Jonathan Bachman HOUSTON (Reuters) – Tropical Storm Cristobal moved through the U.S. Gulf of Mexico on Saturday carrying strong winds and heavy rains that prompted the evacuation
0 Comments
BOGOTA (Reuters) – Colombia has captured 50 people and charged them with illegally trafficking plants and animals as part of efforts by authorities to protect the environment, the government said in a statement on Friday. The Andean country is the world’s second most biodiverse country after neighboring Brazil and is home to over 50,000 recorded
0 Comments
FILE PHOTO: The Environmental Protection Agency headquarters is seen in Washington, D.C., U.S., January 19, 2020. REUTERS/Lucy Nicholson WASHINGTON (Reuters) – The U.S. Environmental Protection Agency released on Thursday a proposed overhaul of how major clean air rules are written by changing the cost-benefit analysis process, a move that would affect the stringency of future
0 Comments
MOGADISHU (Reuters) – A new solar power plant in Mogadishu should quadruple the city’s generation capacity and cut bills, the owners said, providing relief to businesses facing crippling costs from diesel-generated electricity. Electrical power lines from the Benadir Electricity Company (BECO) solar project in the outskirts Mogadishu, Somalia May 21, 2020. REUTERS/Feisal Omar BECO, Somalia’s
0 Comments
FILE PHOTO: EPA Administrator Andrew Wheeler testifies at a hearing titled ‘Oversight of the Environmental Protection Agency’ in the Dirksen Senate Office Building in Washington, DC, U.S., May 20, 2020. Kevin Dietsch/Pool via REUTERS/File Photo WASHINGTON (Reuters) – U.S. Environmental Protection Agency chief Andrew Wheeler will sign a rule on Monday that would limit state
0 Comments
JAKARTA (Reuters) – Indonesian authorities are considering two companies’ requests to dispose mining waste into the ocean, a senior government official said on Sunday, at a time of heightened sensitivity about the environmental impact of mining. The requests come as mining waste management is increasingly scrutinized after a nickel plant in neighboring Papua New Guinea
0 Comments
The U.S. has suffered from devastating wildfires over the last few years as global temperatures rise and weather patterns change, making the otherwise natural phenomenon especially unpredictable and severe. To help out, Stanford researchers have found a way to track and predict dry, at-risk areas using machine learning and satellite imagery. Currently the way forests
0 Comments
The European Commission is proposing to direct billions of euros of financial relief into high tech and green investments to help the bloc recover from the coronavirus crisis. Technologies such as 5G, AI, cloud, cybersecurity, supercomputing and renewable energy look set to benefit from a €750BN pan-EU support package set out today — aligning with
0 Comments
FILE PHOTO: Ola Kaellenius, CEO of German luxury car manufacturer Daimler AG, speaks at the annual results news conference in Stuttgart, Germany, February 11, 2020. REUTERS/Andreas Gebert FRANKFURT (Reuters) – German luxury automaker Daimler on Monday announced tougher carbon emissions targets, saying it aimed to reach carbon dioxide-neutral production of passenger cars worldwide by 2022.
0 Comments