States struggle to reduce CO2 emissions from transportation
States can claim some success in decarbonizing the power sector. As for limiting tailpipe emissions? They’ve barely managed to move the needle.
Tesla burns $739.5 million in cash on way to record 2Q loss
But CEO Elon Musk pledged to post net profits in future quarters, and on a conference call, he apologized to two analysts he cut off on the company’s first-quarter call. Telsa’s shares jumped 9.3 percent to $328.85 in after-hours trading.
California to sue Trump administration over car emission rollback
California’s Attorney General is preparing a lawsuit against the Trump administration’s proposal to dramatically roll back Obama-era vehicle emissions standards.
Trump unveils his plan to weaken fuel efficiency rules
The Trump administration on Thursday unveiled its long-awaited proposal to dramatically weaken an Obama-era regulation designed to limit vehicle emissions, which contribute to climate change.
Israel warns Iran of military response if it closed key Red Sea strait
Israel would deploy its military if Iran were to try to block the Bab al-Mandeb strait that links the Red Sea to the Gulf of Aden, Prime Minister Benjamin Netanyahu said on Wednesday.
U.S. says driving would be riskier if fuel standards tougher
The Trump administration says people would drive more and be exposed to increased risk if their cars get better gas mileage, an argument intended to justify freezing Obama-era toughening of fuel standards.
Harley Davidson announces plans for multiple electric motorcycles and even an electric bicycle
If the name Harley Davidson conjures up images in your head of leather-clad biker gangs flying down a desert highway while spewing exhaust from their loud chrome pipes, then perhaps you’d better think again.
Trump auto plan would increase fuel use by 500,000 barrels a day
A draft proposal by federal regulators to roll back U.S. automobile efficiency requirements contends that their preferred plan would reduce “societal costs” by roughly half a trillion dollars through 2029, while increasing U.S. fuel consumption by 500,000 barrels per day.
Trump administration to freeze Obama-era fuel standards for cars, light trucks
The Trump administration will formally lay out a plan as early as next week to revisit strict fuel-economy standards that had been set in motion under President Barack Obama, according to Andrew Wheeler, the new acting head of the Environmental Protection Agency.
Risks are rising that oil prices will cause next recession
Oil gained more than 20 percent in the first half of 2018, and odds have been rising that higher crude oil prices will spark the next economic downturn.
