Posts belonging to Category Climate change



Tesla: 1,800 Model 3 reservations a day

The waiting list for Tesla’s new Model 3 is growing fast

Tesla (TSLA) said Wednesday it is now averaging more than 1,800 net reservations each day for its cheaper electric car, following an event last week to hand over keys to the first 30 Model 3 vehicles. Tesla did not provide an updated figure for its total waiting list. At the event last week, Tesla CEO Elon Musk said the reservation number was over 500,000. On a conference call with analysts Wednesday, he clarified the number was actually 455,000, including cancellations.

The strong demand is a mixed blessing for Tesla as it grapples with scaling up production to make good on deliveries for its first mass market car. Tesla said it remains “on track” to hit its production goals. Tesla expects to produce 1,500 Model 3 vehicles in the upcoming third quarter, 5,000 vehicles produced per week by the end of this year and 10,000 per week by the end of 2018.

http://cnn.com…   Thu.,  03  August 2017

America’s pledge on climate change

California Governor Jerry Brown and Michael Bloomberg Launch “America’s Pledge”

 Today, California Governor Jerry Brown and Michael Bloomberg launched America’s Pledge on climate change, a new initiative to compile and quantify the actions of states, cities and businesses in the United States to drive down their greenhouse gas emissions consistent with the goals of the Paris Agreement.

Since the White House announcement of its intention to withdraw from the Paris Agreement, an unprecedented number of U.S. states, cities, businesses, and colleges and universities have reaffirmed their support for the Paris Agreement through collaborations including the “We Are Still In” declaration, the Climate Mayors coalition of cities, the U.S. Climate Alliance group of states, and others.

Building on this positive momentum, the America’s Pledge initiative will for the first time aggregate the commitments of these and other “non-Party actors” in a report on the full range of climate-related activities across the whole of U.S. society. The process of developing America’s Pledge will also provide a roadmap for increased climate ambition from U.S. states, cities, businesses and others, and will transparently demonstrate to the international community how and in which ways these entities can help the U.S. deliver on its pledge under the Paris Agreement.

http://www.bloomberg.com…   Thu.,  13  July 2017

The bright future of the electric car

All Volvo cars to be electric or hybrid from 2019

All new cars launched by Volvo from 2019 onwards will be partially or completely battery-powered, in what the company called a “historic end” to building models that only have an internal combustion engine. Between 2019 and 2021, the firm will introduce five 100% electric models, and ensure the rest of its conventional petrol and diesel range has a hybrid engine of some form. It is the first major manufacturer to make such a bold move.

Håkan Samuelsson, the Volvo chief executive, said: “This announcement marks the end of the solely combustion engine-powered car.”

http://www.theguardian.com…   Thu.,  06  July 2017

Making the Planet great again

Global climate change problems can have local solutions

When President Donald Trump withdrew the United States from the Paris agreement, the landmark climate accord signed by 196 nations that came into force in November 2016, the decision caused a significant negative backlash among other signatory countries.

Given that the US is one of the world’s largest greenhouse gas emitters, its June 1 reneging on the deal delivered a blow to the global agreement. But, as many commentators were quick to point out, as long as other leaders didn’t follow Trump’s lead, it was largely a symbolic one.

So far, the international response has confirmed this: a chain reaction of support for climate change mitigation, from grassroots up to the highest ranks of government.

http://www.theconversation.com…   Fri.,  30  June 2017

AIRBUS versus BOEING

Boeing launches new jet

Boeing unveiled a new version of its best-selling 737 aircraft on Monday, injecting life into a faltering civil aviation market as French President Emmanuel Macron flew in to open the world’s biggest airshow in Paris.
After years of booming orders driven by increased air travel and more fuel-efficient planes, passenger jet manufacturers are bracing for a slowdown in demand while they focus on meeting tight delivery schedules and ambitious production targets.

 http://www.reuters.com…   Tue.,  20  June 2017

A thousand US CEOs and mayors: ‘we will continue to fight climate change’

The Paris Agreement is a blueprint for job creation, stability and global prosperity

Over a thousand mayors, businesses, investors, and academic institutions have signed a pact to continue fighting climate change in the US despite Donald Trump’s withdrawal from the Paris Agreement.

Last week, Mr Trump pulled out of the Paris accord, stressing that it puts American workers at an “economic disadvantage” and that it is “unfair” for the US economy.

The “We Are Still In” initiative represents $6.2 trillion of the US economy – composed of bipartisan “drivers of the real economy,” Lou Leonard, World Wildlife Fund’s Senior Vice President of Climate Change and Energy, told The Independent.

http://www.independent.co.uk…  Tue.,  06  June 2017

Climate change: 30 US mayors negociate directly with UN against Trump

Representatives of American cities, states and companies are preparing to submit a plan to the United Nations pledging to meet the United States’ greenhouse gas emissions targets under the Paris climate accord

Representatives of American cities, states and companies are preparing to submit a plan to the United Nations pledging to meet the United States’ greenhouse gas emissions targets under the Paris climate accord, despite President Trump’s decision to withdraw from the agreement.

The unnamed group — which, so far, includes 30 mayors, three governors, more than 80 university presidents and more than 100 businesses — is negotiating with the United Nations to have its submission accepted alongside contributions to the Paris climate deal by other nations.

http://www.nytimes.com…  Fri.,  02  June 2017

Trump wants to exit the Climate Change Paris Agreement

New York Mayor to Uphold Paris Agreement on Global Climate Effort

New York Mayor Bill de Blasio promised Wednesday that his city would uphold the Paris climate agreement even if President Trump moves forward with his campaign promise to withdraw from the accord.

In a series of tweets, de Blasio ripped Trump’s reported decision to exit the deal as “horribly destructive” and called climate change “a dagger aimed straight at the heart of New York City.”

http://www.efficientgov.com…  Thu.,  01  June 2017

Oil prices tumbled dropping more than 4%

Extension by OPEC of their current oil output cut

Oil prices tumbled dropping more than 4%, as the markets sold off following an as expected extension by OPEC of their current oil output cut. What was clear is that the market had probably priced in something even greater than the extension of the agreement until March.  What many had hoped was that OPEC would generate deeper cuts, and further attempt to rebalance markets by reducing the amount of crude oil placed on the market on a daily basis.  The selloff reflects disappointment, but OPEC believes that a 9-month rollover will rebalance global inventories.  Meanwhile the happiest producers have to be the United States, who has gladly filled the void left by OPEC.

WTI crude futures are down 4.3% closing near $49.15, which breaks a three-week bull run and stands as the biggest one-day drop since May 4. The losses have been seen after the Saudi energy minister said that we’re going to roll over with the same terms over a nine-month period, with regard to the OPEC-led output cut. This would extend the existing accord for a 1.8 million barrels-per-day supply reduction from the end of June through to the end of March next year.

The so-called Vienne Group, which is OPEC nations plus allied oil producing nations, most notably Russia, met on Thursday. The sell-off in crude markets appears to be an on-the-fact style market reaction. Saudi Arabia and Russia are concerned about current levels and will likely keep cheating to

http://www.fxempire.com…  Fri.,  26  May 2017

Trump delaying decision on Paris climate deal

Uncertainty remains in the emissions-cutting deal

President Donald Trump is delaying a decision on whether to withdraw from a landmark climate deal until after an international summit later this month. The move means the president will head to the G7 summit in Italy at the end of May amid continued global uncertainty over whether the United States will remain in the emissions-cutting deal struck in Paris under the Obama administration.

White House spokesman Sean Spicer said Tuesday that Trump wants to “continue to meet with his team,” seeking advice from both an economic and an environmental perspective as he works to make a decision..

http://www.timesunion.com…  Fri.,  12  May 2017