The Green Climate Fund (GCF) is the world’s largest multilateral fund dedicated to helping developing countries address the climate crisis. Created in 2010, the Fund had its initial resource mobilization (IRM) in 2014 receiving $10.3 billion in pledges from 45 countries. The GCF underwent its first replenishment (GCF-1) in 2019, … [continued]
Bernie Sanders has a message for the US and China — learn to work together to confront global warming or doom us all.
The summer of extremes continues. July was the hottest month ever recorded. The high-impact weather is continuing through August. “This is the new normal and does not come as a surprise,” said Alvaro Silva, a climate expert with WMO. “The frequency and intensity of many extremes, such as heatwaves and … [continued]
Ford is flirting with China’s CATL, the world’s largest manufacturer of lithium-ion batteries. The two companies have arrived at an unconventional business arrangement where Ford will license battery technology from CATL, but the Chinese company will not own or operate the factory in Michigan. Ford is not placing all its … [continued]
Tesla and BYD are both on the hunt for a new European factory, setting up what may be a battle of electric car giants on the Continent.
Eleven 12-meter BYD electric buses have just been deployed in Zalaegerszeg, Hungary. The project, which included installation of charging infrastructure valued at HUF 2.1 billion ($6,150,962) was done in collaboration with Volánbusz, one of Hungary’s largest public transport operators and the HUMDA (Hungarian Motorsport Development Agency) Green Bus Program. These … [continued]
The Guardian’s George Monbiot has a warning for us all about how the stress of warming planet is empowering fascists around the world.
BYD has started construction of a new EV factory in Thailand and is seeking a location in Europe. The UK is not under consideration.
Volkswagen could get up to $10 billion in IRA benefits if it decides to build a new battery factory in the US instead of Europe.
IRA subsidies are chief threat to gigafactory plans unless Europe offers accessible incentives and streamlined permitting.
