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☆ Trump confirms he met with Elon Musk, but they disagree about electric cars
▼ + stars: | 2024-03-11 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +4 min

Donald Trump doesn't see eye-to-eye with Elon Musk on electric vehicles. Trump confirmed he met with Musk but said he doesn't know if he'll get his support. AdvertisementDonald Trump may be courting Elon Musk for potential campaign support, but don't expect the former president to change his messaging on EVs anytime soon. Trump met with Musk in Palm Beach, Florida, last week, as he looks to boost donations to his presidential campaign. During the Trump administration, Musk served on two presidential advisory councils but left after Trump elected to withdraw the US from the Paris Climate Accords.

Persons: Donald Trump, Elon Musk, Trump, Musk, he'll, —, CNBC's SquawkBox, Biden, Tesla, Biden's Organizations: Biden, Service, Lunacy, Trump, Paris Climate, EV, Trump hasn't, White, Monday, United Auto Workers Locations: China, Palm Beach , Florida, Paris

☆ Elon Musk reportedly met with Donald Trump in Florida
▼ + stars: | 2024-03-05 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Tesla CEO Elon Musk met with former President Donald Trump on Sunday in Palm Beach, Florida, along with unnamed wealthy Republican donors, the New York Times reported, citing three people briefed on the meeting. Private jets belonging to Trump and Musk were spotted landing within less than an hour of one another at a Palm Beach airport on March 2. Musk, who owns X and runs defense contractor SpaceX in addition to Tesla, didn't endorse Trump in his 2016 or 2020 campaigns. In 2022, Trump called Musk a "bull---- artist," claiming that the Tesla CEO said he voted for Trump in private conversations between them. In November 2022, after Musk bought Twitter with the assistance of funding from Saudi Arabia, President Biden was asked whether Musk was a potential threat to national security.

Persons: Elon Musk, Donald Trump, Trump, Joe Biden, It's, didn't, Elon, Musk, Biden, Tesla, Mayra Flores, he's, He's, Ron DeSantis, DeSantis, Nikki Haley, who's, Marty O'Donnell, Jeremy Sylestine Organizations: New York Times, Trump, White, SpaceX, Republican, White House, Twitter, Florida Gov, New, Biden, Congress Locations: Palm Beach , Florida, Palm, Paris, Texas, Saudi Arabia, New Hampshire, U.S, Nevada, Austin , Texas

WASHINGTON (AP) — The Biden administration is delaying consideration of new natural gas export terminals in the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine. A proposed LNG export terminal in Louisiana would produce about 20 times the greenhouse gas emissions of Willow, McKibben noted. “We need to have an even greater understanding of the (global energy) market need, the long-term supply and demand of energy resources and the environmental factors,'' she said. Symons called the gas project "bad for our nation, bad for our health and bad for our economy.'' "The true irony is this policy would hurt the climate and lead to increased (greenhouse gas) emissions, as it would force the world to pivot to coal'' instead of natural gas, Hynes said.

Persons: —, Biden, Joe Biden, “, MAGA, Donald Trump, Bill McKibben, it’s, McKibben, Jennifer Granholm, Granholm, Vladimir Putin, Mike Sommers, Sommers, ”, ‘ ’ Granholm, we’re, Jeremy Symons, Symons, Shaylyn Hynes, Hynes, Trump Organizations: WASHINGTON, Democratic, Energy Department, Industry, Russia, Energy, American Petroleum Institute, U.S . LNG, Environmental Protection Agency, Venture, LNG Locations: United States, Europe, Asia, Ukraine, Alaska, Paris, Louisiana, U.S, Calcasieu, Gulf, Cameron Parish, Virginia

☆ John Kerry steps down from Biden administration
▼ + stars: | 2024-01-14 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

John Kerry stepped down as special envoy on climate on Saturday. Biden brought on Kerry in 2020 to serve in the National Security Council's first climate position. AdvertisementJohn Kerry , the US special envoy on climate, is stepping down from the Biden administration in the coming weeks, according to two people familiar with his plans. The New York Times, citing a person familiar with the matter, reported that Kerry handed his resignation to President Joe Biden on Wednesday. During his tenure with the Biden administration, Kerry was often seen working with China on climate goals and encouraged the US to work with China to curb greenhouse gas emissions.

Persons: John Kerry, Biden, Kerry, —, Joe Biden, Axios, Obama, Han Zheng, John Kerry's, Al Gore Organizations: Kerry, National Security, Service, The New York Times, The State Department, Times . Staff, Times, National Security Council, Paris Climate Accords, Senate Foreign Relations, Massachusetts, Senate, Democratic, State Department, White, Business Locations: China, Kerry, Paris, Beijing

☆ John Kerry, the US climate envoy, to leave the Biden administration
▼ + stars: | 2024-01-14 | by ( ) www.cnbc.com time to read: +3 min

WASHINGTON (AP) — John Kerry, the U.S. special envoy on climate, is stepping down from the Biden administration in the coming weeks, according to two people familiar with his plans. Kerry, a longtime senator and secretary of state, was tapped shortly after Joe Biden's November 2020 election to take on the new role created specifically to fight climate change on behalf of the administration on the global stage. "John Kerry's tireless work to deliver global progress on the climate crisis has been heroic," former Vice President Al Gore, who has focused primarily on climate in his post-public office life, said in a statement Saturday. While his gravitas has made him a central climate figure around the world, Kerry also has strong critics who argue America's climate policies don't amount to leadership in fighting global warming. The Inflation Reduction Act, the largest climate law in U.S. history, is pumping billions of dollars into renewable energies.

Persons: — John Kerry, Biden, Joe Biden's, Axios, Kerry, Obama, Han Zheng, John Kerry's, Al Gore Organizations: WASHINGTON, U.S, Senate Foreign Relations, Massachusetts, Senate, Democratic Locations: Kerry, Paris, Beijing, Pacific, United States, COP27, Egypt, U.S

WASHINGTON (AP) — John Kerry, the U.S. special envoy on climate, is stepping down from the Biden administration in the coming weeks, according to two people familiar with his plans. Kerry, a longtime senator and secretary of state, was tapped shortly after Joe Biden's November 2020 election to take on the new role created specifically to fight climate change on behalf of the administration on the global stage. Kerry was one of the leading drafters of the 2015 Paris climate accords and came into the role with significant experience abroad, as secretary of state during the Obama administration and from nearly three decades as a member of the Senate Foreign Relations Committee. Biden’s decision to tap Kerry for the post was seen as one way the incoming president was making good on his campaign pledge to battle climate change in a more forceful and visible manner than in previous administrations. Political Cartoons View All 253 ImagesKerry represented Massachusetts for 28 years in the Senate and was also the Democratic presidential nominee in 2004.

Persons: — John Kerry, Biden, Joe Biden's, Axios, Kerry, Obama, ” Kerry, Han Zheng Organizations: WASHINGTON, U.S, Senate Foreign Relations, Kerry, Massachusetts, Senate, Democratic Locations: Kerry, Paris, Beijing

☆ Trump's second-term agenda: punish enemies, fire government workers
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +5 min

Trump would require every federal employee to pass a new civil service test of his own creation. His team is also vetting scores of potential hires who could be counted on to implement his policies or perhaps investigate Trump’s political enemies. Trump also would seek to bring independent regulatory agencies such as the Federal Communications Commission and the Federal Trade Commission under presidential control. EDUCATIONTrump has pledged to require America’s colleges and universities to “defend American tradition and Western civilization” and purge them of diversity programs. On the K-12 level, Trump would support programs allowing parents to use public funds for private or religious instruction.

Persons: Donald Trump, Ted Hendricks, Octavio Jones, Republican Donald Trump, Trump, AFFAIRS Trump, Israel, James Oliphant, Ted Hesson, Andy Sullivan, Jonathan Oatis Organizations: REUTERS, Rights, Republican, Trump, Federal Communications Commission, Federal Trade Commission, Democrats, Congress, U.S . Constitution, U.S, Supreme, AFFAIRS, Ukraine, Paris Climate Accords, Biden White, Justice Department, Thomson Locations: Hialeah , Florida, U.S, United States, China, Mexico, U.S ., Russia, Europe, Paris

FRANKFURT, Germany (AP) — Stalled spending on electrical grids worldwide is slowing the rollout of renewable energy and could put efforts to limit climate change at risk if millions of miles of power lines are not added or refurbished in the next few years, the International Energy Agency said. The stalled projects could generate 1,500 gigawatts of power, or five times the amount of solar and wind capacity that was added worldwide last year, he said. Annual investment has been stagnant but needs to double to more than $600 billion a year by 2030, the agency said. The report cited the South Link transmission project to carry wind power from northern to southern Germany. First planned in 2014, it was delayed after political opposition to an overhead line meant it was buried instead.

Persons: —, Fatih Birol, “, ” Birol, ”, It's Organizations: International Energy Agency, Associated Press, Construction Locations: FRANKFURT, Germany, Paris, China, India, Biscay, Spain, France, New Mexico, Arizona, California, East Coast, Canada, New England, Maine

MIDDLETOWN, N.J. (AP) — Governments, organizations and businesses have set ambitious goals to combat climate change. Shawn LaTourette, New Jersey's environmental protection commissioner, hesitates to use the word “mandate” in describing the state's plans. Many of the world's countries signed the Paris climate accords, obligating them to reduce greenhouse gas emissions to certain levels. Anjuli Ramos, New Jersey director of the Sierra Club, agreed that meeting climate goals requires urgent action. A document released Tuesday said that by 2050, at least 90% of the state's residential and commercial buildings must be electrified to meet New Jersey's clean energy and climate goals.

Persons: Shawn LaTourette, ”, —, John Burzichelli, ” Ray Cantor, Rishi Sunak, Anjuli Ramos, “ It's, “, ‘ We’re, Wayne Parry Organizations: —, Democrat, New, New Jersey Business, Industry Association, British, Sierra Club, San Francisco and New, Twitter Locations: MIDDLETOWN, N.J, New Jersey, Shawn LaTourette ,, Jersey, California, Paris, China, India, U.S, Vermont, Rhode Island , Massachusetts , Connecticut, Maine, Michigan, Anjuli Ramos , New Jersey, San Francisco and, San Francisco and New York City, www.twitter.com

☆ Worried about Chinese influence, the US is undoing Trump's decision to quit UNESCO. It will probably cost $600 million.
▼ + stars: | 2023-06-13 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +2 min

The US announced it was to rejoin UNESCO amid worries China was becoming too influential. The Biden administration has requested $150 million to start paying back UNESCO dues of $617 million. UNESCO's chief called it "a strong act of confidence, in UNESCO and in multilateralism." In March, the Biden administration requested $150 million to cover UNESCO fees and arrears for 2024. Per the Associated Press, further requests to cover the total arrears of $619 million are expected in future years.

Persons: Biden, —, Donald Trump, John Bass, Audrey Azoulay, Xi Jinping, Azoulay, Xi, Joe Biden's Organizations: US, UNESCO, Service, UNESCO —, UN, State Department, Trump, World Health Organization, Paris Climate, Associated Press, AP Locations: China, multilateralism, Israel, Chinese, Paris, Paris Climate Accords

☆ Mexico makes lots of electric cars, but few Mexicans drive them
▼ + stars: | 2023-03-21 | by ( Aida Pelaez-Fernandez | ) www.reuters.com time to read: +5 min

General Motors Co, Ford Motor Co, BMW and Volkswagen's Audi unit also are producing EVs in Mexico, or plan to. "There are still a number of issues that need resolving in Mexico before there's a massive influx of electric cars," said Mario Hernandez, KPMG's lead manufacturing partner in Mexico. Hernandez said drawbacks included a lack of subsidies for buyers, high costs for installing charging devices at homes and a shortage of public charging stations, vital for longer journeys. Mexico has about 1,100 charging stations nationwide, mostly in the capital and other major cities, according to AMIA. Pedro Corral, director of operations for EV charging stations platform Evergo, drives his all-electric i3 BMW around Mexico City.

☆ Big Investors Expected to Scrap ‘Dark Green’ Labels on More EU Funds
▼ + stars: | 2023-01-10 | by ( Dieter Holger | ) www.wsj.com time to read: +6 min

SFDR rules require EU-marketed funds to be designated as one of three categories: “dark green” Article 9 funds, which aim for sustainability or decarbonization; “light green” Article 8 funds, which advance one or more environmental, social and governance objectives; and Article 6 funds, which don’t have any specific ESG-related objectives. Upgrades and downgrades in classifications typically occur with “similar frequency,” but since September, more than 80% of reclassifications have moved Article 9 funds to Article 8, analysts at Jefferies said in December. At the end of November, there were around $452 billion in Article 9 funds, nearly $4.2 trillion in Article 8 funds and $3.9 trillion in Article 6 ones. In November, BlackRock moved 16 funds representing around $26 billion to Article 8 from Article 9, but also retained 13 dark-green funds valued at about $13 billion. Another challenge is for fund managers to gather and report required ESG data—such as greenhouse-gas emissions, gender pay gaps and water use—for individual stocks and bonds in a fund.

☆ 'We're not against profits,' White House presidential coordinator says after Biden's tax threats on energy companies
▼ + stars: | 2022-11-01 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

The president on Monday tweeted: "The oil industry has a choice. But reports of animosity between the White House and America's energy giants are overhyped, says Amos Hochstein, Biden's special presidential coordinator, who liaises closely with energy industry leaders domestically and around the world. Record-breaking oil company profitsSeveral major oil companies have raked in record profits this year as consumers grappled with soaring gas and energy bills. Many in the oil industry argue that a windfall tax is counterproductive and would harm production and investment. We need more investment in oil production and refining, now."

☆ Elon Musk plans Twitter content moderation council as questions about Trump return loom
▼ + stars: | 2022-10-28 | by ( Lora Kolodny | ) www.cnbc.com time to read: +4 min

After closing a $44 billion transaction to take Twitter private, Tesla and SpaceX CEO Elon Musk — now the de facto CEO of Twitter — announced that he plans to form a "content moderation council" at the social networking company. He says he will not make any "major content decisions" or reinstate any accounts that were previously banned before the council convenes. Twitter rival Facebook has been roundly criticized for using a council approach to making content moderation decisions. Early in the Trump presidency, Musk served on a White House economic advisory board and a manufacturing jobs initiative council. The former president previously said he would not return to the platform, but that could change now that the company is run by Musk.

☆ Democrats in Congress are supporting another huge defense budget while ignoring a threat they've warned about for decades
▼ + stars: | 2022-09-13 | by ( Yint Hmu | ) www.businessinsider.com time to read: +6 min

In debates about defense spending and foreign policy, Democrats have failed to deliver on climate. The depth and scope of the IRA's approach to confronting climate change is unparalleled. Yet 180 House Democrats voted for the bill, which expanded our budget for conducting a polluting, militaristic foreign policy to nearly $850 billion. US foreign policy, militarism, and climate policy must go together. The national security community is acutely aware of the effects of climate change — they've been thinking, planning, and gaming out scenarios since the late 2000s.

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