The path of our planetary climate may depend largely on our transition away from energy sources that cause global warming. And that, in turn, may rely on one thing: improved batteries. The new Backgrounder explores the future of energy storage — how batteries work, the progress the technology has made and the brutal battery competition ahead between the United States and China.
Economy & Business
"Netflix’s “Tiger King” burst into a new world of pandemic streaming and gave viewers exotic animals, personal and professional drama, and a man with a mullet’s attempt to launch a political career in Oklahoma."
"President Biden's first budget proposal sketches a vision for greening the entire federal government, and it includes areas that have been traditional afterthoughts to climate policy, such as prisons."
"President Joe Biden’s bold spending proposal for the EPA and climate programs could sway skeptical Republicans if it can be framed as a way of juicing the economy, some environmentalists and energy analysts said Friday."
"When President Biden rolled out his infrastructure plan last week, one number towered above the others: $174 billion for electric vehicles."
"President Joe Biden’s plan to eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters would increase government receipts by $35 billion over the coming decade. "
"US banks are pledging to help fight the climate crisis alongside the Biden administration, but their boards are dominated by people with climate-related conflicts of interest, and they continue to invest deeply in fossil fuel projects."
"Remember all of Donald Trump’s promises to put coal miners back to work? Turns out, his repeated attacks on the environment to try and bail out dirty fuels were all for naught. More coal-fired power was taken off the grid under Trump’s presidency than under former President Barack Obama’s second term, a new analysis from Global Energy Monitor shows."
"When Congress looked to prop up a tanking economy and stanch its hemorrhaging of employment as the pandemic spread last year, the oil industry was among those that sought relief. Now, a new analysis shows that dozens of fossil fuel companies received billions of dollars in tax benefits in the coronavirus relief package, but slashed tens of thousands of jobs anyway."
"The U.S. and the United Arab Emirates (UAE) said Monday that they would help finance decarbonization in the Middle East region and the global community at large."