Brett Christophers has put his finger on an uncomfortable truth. Renewable energy has reached the point where it is often cheaper to generate than fossil fuels, yet the rate of investment is still far below what climate targets demand. His book, The Price is Wrong: Why Capitalism Won’t Save the … [continued]
Poor rural people, who have been without power and largely left out of economic calculations, are set to become a market force.
Tesla has reached its artificial milestone of producing 5,000 Model 3s per week, and media outlets (and buyers) continue to post rave reviews. The company’s three vehicles are the three top-selling EVs in the US market. Model S has been consistently outselling every competing large luxury sedan for a couple of years, and it appears as if Model 3 will similarly dominate the small sedan segment. At least two sets of auto industry experts (Munro & Associates and a group commissioned by German automakers) have performed teardowns of Model 3, and concluded that the new EV should be earning a healthy profit margin. Does this really sound like a company in trouble?
When was the last time the U.S. House of Representatives voted in favor of clean energy? Or agreed with the Senate — and the President — on any legislation in recent memory? Well, the new “Jumpstart Our Business Startups” (JOBS) Act, was overwhelmingly and quickly passed by both houses and … [continued]
