Climate change

EU Internal Market Commissioner Thierry Breton is publicly urging automakers to consider continuing internal combustion engine vehicle production over fears of lost jobs and a future in which middle class consumers cannot afford EVs. Breton may want the EU to remain a “export force” in combustion vehicles, but will anyone still be interested in them as more and more countries set expiries in order to combat the vicious acceleration of global climate change?

Equally important as adopting renewables is ensuring the buildings they power are also sustainable. Electrek spoke with Breana Wheeler, US director of operations at BREEAM, the world’s first green building certification program, about what the ideal decarbonized building looks like and how US real estate investors should see climate change as an opportunity.

US President Joe Biden today signed the Inflation Reduction Act into law, and that’s going to give the transition of the United States to clean energy a big boost. According to the American Clean Power Association, the new law could add up to an additional 550 gigawatts (GW) of electricity from wind, solar, and other clean energy sources. Electrek spoke with Enrico Viale, head of renewable energy company Enel North America, about the challenges that states face as they move away from fossil fuels and how Enel is working with states to help them deploy clean energy, distributed energy resources, and energy storage.

A new quest is underway due to the melting ice caps in Greenland. The world’s richest billionaires, including Jeff Bezos, Bill Gates, and Michael Bloomberg, are funding a campaign to search for resources critical to the EV industry and climate change.

The Senate’s passing of the Inflation Reduction Act should be applauded as a major step toward protecting our planet. However, it is important to note that while this agreement offers big incentives for electric cars, it also abandoned on the side of the road a critically important class of electric vehicle: electric bicycles.

The Senate has voted to pass the Inflation Reduction Act, which includes nearly $400 billion over 10 years in funding for climate and energy related programs, and an extension and improvement of the US electric car tax credit.

Update: Since many EVs may lose access to tax credits within a week or so, we’ve posted an article to help you find out how best to navigate these changes for most affected EVs in the US.

Major Update: The bill has been signed. It is now law.

Ford has sent two electric F-150 Lightnings to help with the Kentucky flood response, providing mobile power for crews to help get 10-15 families back in their homes per day.

Coal investor and US Senator Joe Manchin III (D-WV) opposes his own political party’s clean energy program. And since not a single Republican will support the infrastructure bill that contains the program, Manchin has disproportionate power to sink the US plan to decarbonize in order to slow global warming and meet the Paris Agreement target of net-zero by 2050. Why does he oppose it?

The world’s largest carbon direct air capture facility has started construction in Iceland, run by Swiss startup Climeworks AG.

When construction finishes in 18-24 months, their facility, named “Mammoth,” will be able to remove 36,000 tons of CO2 from the air per year – which is .0001% of the 36 billion tons of CO2 emitted per year by humanity.

Every new passenger car sold in the world will be electric by 2040, according to Exxon Mobil CEO Darren Woods in an interview aired this weekend by CNBC.

The interview also covered the company’s climate ambitions, putting a flashy coat of paint on an organization that is the world’s fifth-largest historical polluter and has pushed climate denial at a high level for half a century.

Swedish EV automaker Polestar has begun sharing its initial list of potential collaborators for its Polestar 0 Project – the company’s initiative to change the way cars are made by eliminating emissions from the entire supply chain. In addition to announcing the industry suppliers on board, Polestar is extending a global call for collaboration over the next month to garner even more support.

The COP26, aka the United Nations Climate Change Conference UK 2021, has officially finished in Glasgow. But the final agreement has not yet been put in place, and that will likely come over the weekend. Here’s Electrek‘s daily roundup of the key happenings at the world’s most important summit ever.

COP26, also known as the United Nations Climate Change Conference UK 2021, kicks off Sunday October 31, and officially runs until Friday, November 12. It’s being held in Glasgow at the Scottish Event Campus (pictured). Here are five things everyone needs to know about this crucial summit.

The Air Conditioning, Heating, and Refrigeration Institute (AHRI) and more than 35 other industry and environmental organizations, including the Association of Home Appliance Manufacturers, petitioned the Environmental Protection Agency (EPA) in April to set national targets to curb the use of hydrofluorocarbons (HFCs) in refrigerators, air conditioners, and other appliances.

The EPA delivered today. It’s the first time the federal government has set national limits on HFCs. It’s also the Biden administration’s first concrete regulatory step to tackle emissions since the US’s announcement that it would slash emissions 50% by 2030.

In today’s Electrek Green Energy Brief (EGEB):

• German wind turbine maker Nordex unveils its first 6 MW onshore turbine.
• More than 200 health journals globally call for emergency climate change action.
• UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Tesla now offers price matching, so it’s important to shop for the best quotes. Click here to learn more and get your quotes. — *ad.

The world’s largest-ever report about climate change was published today by the Intergovernmental Panel on Climate Change (IPCC), a United Nations group of nearly 200 leading climate scientists that looked at more than 14,000 scientific papers. It’s pretty grim – but far from hopeless. There are things we all can and must all do. As US Senator Ed Markey says, “We can’t agonize – we must organize.”

The Edward Hyatt hydroelectric power plant at Lake Oroville, California, was shut down yesterday for the first time since it opened in 1967 because of low water levels due to drought. Lake Oroville is California’s second-largest reservoir.

In today’s Electrek Green Energy Brief (EGEB):

• The US-hosted Leaders Summit on Climate kicks off today. Keep an eye on these three countries.
• Los Angeles City Council unanimously approves a Global Fossil Fuel Non-Proliferation Treaty.
• UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Tesla now offers price matching, so it’s important to shop for the best quotes. Click here to learn more and get your quotes. — *ad.

In today’s Electrek Green Energy Brief (EGEB):

• Researchers produce ultrawhite paint that can cool buildings and reduce the need for air conditioning.
• Vietnam’s largest wind farm comes online.
• China and US pledge to cooperate on fighting climate change.
• UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Tesla now offers price matching, so it’s important to shop for the best quotes. Click here to learn more and get your quotes. — *ad.

Two powerful corporate networks that represent more than 80 companies with a combined $1.3 trillion in annual revenue have today written to the Environmental Protection Agency and the National Highway Traffic Safety Administration. The pair of letters calls for interim strong fuel economy and emission standards and 100% zero-emission vehicle (ZEV) sales of light-duty vehicles by 2035 at the latest.

Systemic tax abuse, corruption, and money laundering slow down climate action, says the United Nations’ High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI Panel).

The FACTI Panel, which includes former world leaders and central bank governors, business and civil society heads and academics, says bankers, lawyers, and accountants who enable financial crime must face punitive sanctions.

The panel has today released its final report, “Financial Integrity for Sustainable Development,” in which it says stronger laws and institutions are needed to prevent cross-border corruption and money laundering. As much as 2.7% of the global GDP is laundered by criminals annually.

Electrek spoke with Dalia Grybauskaitė, FACTI co-chair and the former president of Lithuania, about how governments can tackle climate change with global finance reform.