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02/09/2024
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By Ethan Huff
ESG investing in “net zero” climate agenda “must be stopped,” say Republican agriculture commissioners, or food inflation and FAMINE will follow
Twelve Republican state agriculture commissioners have sent a letter to six of America’s largest mega-banks letting them know that the relatively new trend of ESG (environmental, social and corporate governance) investing threatens to disrupt the nation’s food supply while increasing the price of food. Bank of America (BofA), Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley […]
01/23/2024
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By Belle Carter
Germany’s electricity prices DOUBLE as “green” nightmare kicks in
German multinational electric utility company E.ON recently announced a piece of bitter news to its consumers – it is having a hefty double-the-price increase effective shortly. “Consumers who heat with electricity and live in E.ON’s basic supply area have so far been able to benefit from relatively low prices for the basic heating electricity supply […]
01/23/2024
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By Olivia Cook
Car rental company SIXT drops Tesla EVs from its fleet due to poor resale value, high repair costs
Car rental company SIXT has announced that it would drop Teslas from its electric vehicle (EV) fleet due to poor resale value and high repair costs. In an email to customers obtained by Bloomberg, the company cited higher repair costs for EVs compared to gas-powered counterparts as a main reason for the move. These higher […]
01/18/2024
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By Zoey Sky
White House to award $623 MILLION in grants for construction of EV charging network across the country
Despite the waning public interest in electric vehicles (EVs), officials from the administration of President Joe Biden announced on Jan. 11 that it will be awarding $623 million in grants for the construction of an EV charging network across the United States. The grants will fund 47 EV charging and alternative fueling infrastructure projects throughout […]
01/16/2024
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By Arsenio Toledo
Electric car sales growth slows by nearly 50% in 2023
Global sales of fully electric and plug-in hybrid vehicles slowed down by nearly 50 percent in 2023 compared to sales figures from 2022. In the United States, sales could have dropped lower if not for taxpayer-funded government incentives artificially boosting sales. This is according to the EV and battery market analysis firm Rho Motion, which […]
01/05/2024
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By Kevin Hughes
Chinese electric car manufacturer BYD OVERTAKES Tesla as world’s top seller of EVs
Chinese electric vehicle manufacturer Build Your Dreams (BYD) has surpassed Elon Musk’s Tesla as the world’s top seller of EVs. BYD, which has been supported by the American investment billionaire Warren Buffett since 2008, has defeated Tesla’s production for the second straight year. BYD announced that it made 3.02 new EVs in 2023. Meanwhile, Tesla recently announced […]
01/04/2024
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By Cassie B.
Germany’s renewable energy sector “facing the abyss” and leading to widespread economic decline
The German economy is suffering as a result of the country’s shift to renewable energies, with one paper characterizing the move as going from “a boom to crisis.” When inflation and interest rates were lower, the renewable energy industry in Germany may have been booming, but raw materials are becoming more difficult to secure and […]
01/03/2024
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By Zoey Sky
Only half of Ford dealers agreed to sell electric vehicles in 2024
Ford has announced that only half of all 1,550 Ford dealers have agreed to sell electric vehicles in 2024. The figure has gone down from two-thirds who in 2022 said they would sell electric cars in 2023. The other half of Ford dealers will sell and service internal combustion engine (ICE) and hybrid models. According to Ford spokesman […]
12/17/2023
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By Belle Carter
CNN writer suggests forcing “carbon passport” on travelers to meet carbon footprint target by 2050
Mainstream news outlet’s writer Ross Bennett-Cook pointed out in an article that tourism’s negative impacts on the environment have become so severe that some are suggesting drastic changes to travel habits, citing a 2023 report that analyzed the future of sustainable travel, where the adventure travel company Intrepid Trave proposed the use of “carbon passports.” […]
12/08/2023
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By Laura Harris
Ford Motor Company scales down EV investments at Michigan plant due to declining demand and inflation pressures
The Ford Motor Company is scaling back its investment in electric vehicles (EVs) by reducing the production capacity of its battery factory in Marshall, Michigan and cutting 800 jobs. According to Ford spokesperson Mark Truby, the company initially planned to invest $3.5 billion in the factory, known as Blue Oval Battery Park, to produce 35 gigawatt […]
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