Inflation Reduction Act home energy rebates may arrive soon

Ryanjlane | E+ | Getty Images Rebates tied to home energy efficiency and created by the Inflation Reduction Act may start flowing to many consumers within months.   The federal government is issuing $8.8 billion for Home Energy Rebates programs through states, territories and tribes, which must apply for the funding. The U.S. Department of … Read more

Tesla shares fall to 15-month low after price cuts and layoffs

Tesla shares fell for a seventh straight day, reaching their lowest since January 2023, as further price cuts over the weekend added to mounting concerns heading into the the company’s first-quarter earnings report on Tuesday. The stock dropped 3.5% as of Monday afternoon to $141.94, bringing its decline for the year to 43%, second worst … Read more

Century-old inventor of air conditioner is moving on to home heat pump

Heat pumps are becoming more popular for residential housing with energy prices increasing and the need to reduce use of fossil fuel heating systems. Andrew Aitchison | In Pictures | Getty Images In case you haven’t noticed, heat pumps are hot. Although these devices, which use electricity to generate both air conditioning and heat, have … Read more

Dubai flooding and a climate change drain test the world is failing

Traffic diverts away from a flooded street in Sharjah on April 20, 2024, after the heaviest rainfall on record in the UAE. Ahmed Ramzan | Afp | Getty Images The Dubai flooding last week illustrated how urban engineering is failing a major climate change test. In a world marked by the increasing possibility of extreme … Read more

How a climate tech CEO grows his inner circle, including Larry Summers

Palmetto CEO Chris Kemper Palmetto Nearly fifteen years into founding climate tech company Palmetto, Chris Kemper has seen plenty of changes across the clean energy industry, from early solar companies that are now public to Series A startups founded following the Inflation Reduction Act.  Ensuring that the company continues to evolve in what Kemper calls … Read more

Record rainfall causes airport chaos, other disruptions

TOPSHOT – Cars are stranded on a flooded street in Dubai following heavy rains on April 18, 2024. Dubai’s giant highways were clogged by flooding and its major airport was in chaos as the Middle East financial centre remained gridlocked on April 18, a day after the heaviest rains on record. Giuseppe Cacace | Afp … Read more

How electric trucks are becoming the norm for moving cargo

An electric truck at the PT Vale Indonesia mining area. The CXMG type XDR-80-TE truck manufactured in China boasts a hauling capacity of 70 tons.  Sopa Images | Lightrocket | Getty Images The next time micromobility company Lime accepts a shipment of e-bikes and e-scooters in California, a new state law means the cargo must … Read more

Tesla is laying off 285 employees in Buffalo, New York as part of a broad restructuring

Vehicles sit parked outside the Tesla Inc. solar panel factory in Buffalo, New York, U.S., on Wednesday, Dec. 26, 2018. Andrew Harrer | Bloomberg | Getty Images Tesla is laying off 285 employees in the state of New York as part of a broader restructuring according to a WARN notice filed in the state. Most … Read more

UAE denies cloud seeding took place before severe Dubai floods

A view of the street after heavy rainfall as adverse weather conditions affect daily life in Dubai. Anadolu | Anadolu | Getty Images The National Center of Meteorology (NCM), a government taskforce responsible for cloud seeding missions in the United Arab Emirates, denied reports that it carried out the weather modification technique in the runup … Read more

Photos show heavy rain and severe flooding in the United Arab Emirates

Storms and heavy rain have caused flooding in some Gulf states, leading to the Tuesday closure of Dubai’s airport — one of the busiest in the world. The United Arab Emirates, usually known for its hot and sunny weather, reportedly saw over 100 mm of rain in a 24-hour period, marking a 75-year record since … Read more