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"Since then, the United States has turned ambition into action." On the sidelines of the conference, the United States also unveiled new measures to curb emissions of the powerful greenhouse gas methane from oil and gas operations. That awkward coincidence underscores one of COP28's most contentious questions: Can the world's response to climate change involve continuing use of fossil fuels? Harris told the conference that the United States supports phasing out of "unabated coal" use, but she did not mention other fossil fuels. "We're in a context in which we need to reduce production of fossil fuels and ... we need to be on a path of lower consumption.
Persons: Kamala Harris, Joe Biden, Harris, haven't, aren't, Catherine Abreu, John Podesta, Richard Valdmanis, Valerie Volcovici, Sarah McFarlane, Simon Jessop, Katy Daigle, Kevin Liffey, Diane Craft Organizations: Climate Fund, OPEC, United, UAE, Saturday, Exxon Mobil, Saudi Arabia's Aramco, Oil, Climate Initiative, Reuters, Thomson Locations: DUBAI, United States, Dubai, COP26, America, China, Texas, New Mexico, United Arab Emirates, U.S, Saudi, Ukraine
How Married Indie Pop Musicians Spend Their Sundays
  + stars: | 2023-12-02 | by ( Tammy Lagorce | ) www.nytimes.com   time to read: +1 min
Ian Devaney and Aidan Noell, the married couple behind the indie pop trio Nation of Language, have been on a roll since they asked friends and family to fund their debut record in 2018 in lieu of wedding gifts. Whether they’re home or on the road, though, “Ian and I lead a very conjoined life,” Ms. Noell said. DIVISION OF LABORDevaney: Usually our cat wakes us up at 5 a.m., looking for breakfast. Aidan doesn’t typically get out of bed for that. If I do fall back to sleep, Aidan wakes up first.
Persons: Ian Devaney, Aidan Noell, Stephen Colbert, , , Alex MacKay, doesn’t, Devaney, Noell, “ Ian, Ms, Aidan doesn’t, Aidan Organizations: Brooklyn Steel, Rockefeller Center, East Coast Locations: East, East Coast ., Prospect Lefferts
Darren Woods, CEO of ExxonMobil, reacts at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in San Francisco, California, U.S., November 15, 2023. "So, you could say that about carbon capture today, you could say that about electric vehicles, about wind, about solar. The future role of carbon capture technology and fossil fuels is a key issue at the conference. Exxon has announced $17 billion of investment in its low carbon business, which includes carbon capture, and has argued that greenhouse gas emissions are the problem causing climate change, not the fossil fuels themselves. Woods declined to provide details of the contracts, but said U.S. subsidies in last year's Inflation Reduction Act of up to $85 a ton for carbon capture and sequestration would make the investments profitable.
Persons: Darren Woods, Carlos Barria, Woods, EVs, We're, Richard Valdmanis, Katy Daigle Organizations: ExxonMobil, Economic Cooperation, REUTERS, Rights, Exxon Mobil, International Energy, Reuters, Exxon, IEA, Thomson Locations: Asia, San Francisco , California, U.S, Dubai, Gulf of Mexico, United States
AUSTIN, Texas— Tesla ’s long-awaited Cybertruck has hit the road, but how does it compare with its rivals? With the unusual, stainless-steel pickup, Tesla is aiming to tap into demand from consumers who want a head-turner that is quick and capable of towing cargo or taking a beating off-road.
Persons: Tesla, Cybertruck Locations: AUSTIN, Texas
‘I Want Everything.’ The Pugnacious, Arm-Twisting CEO
  + stars: | 2023-12-01 | by ( Bob Tita | ) www.wsj.com   time to read: 1 min
Veteran Brazilian steel executive Lourenco Goncalves has a booming voice. He’s used it to demand customers buy more steel and to dress down analysts who’ve dared to critique his company’s performance. In the past three years, he’s shouted his way to the top of the U.S. steel industry. Goncalves, 65, is on the precipice of the boldest move of his career: acquiring 122-year-old United States Steel. If he prevails, the deal would reshape the U.S. steel industry, making Cleveland-Cliffs —an iron ore mining company just a few years ago—the largest domestic steelmaker by volume and the 10th largest in the world.
Persons: Lourenco Goncalves, He’s, who’ve, he’s, Goncalves Organizations: United States Steel Locations: U.S, Cleveland
CNN —It’s the ‘leaning tower’ that has stood tipsily – but steadily – for nearly 1,000 years. But now, the days of the Garisenda tower in Bologna, Italy, could be numbered. Following investigations last month, the city is instigating a civil protection plan for the “sudden and unexpected collapse of the tower,” which has dominated the Bologna skyline since the 12th century. The Garisenda leans at an angle of four degrees – only a little more upright than the Leaning Tower of Pisa’s five degrees. “The overall situation has unfortunately worsened considerably, with worrying implications for the overall stability of the tower,” reads the report.
Persons: we’ll, Stanley Tucci, CNN —, , , Dante, Michele Lapini, Garisenda, Matteo Lepore, Organizations: CNN, intel, Bologna’s, Bologna, UNESCO Locations: Bologna, Italy, Manhattan
CNN —The world’s first underwater sculpture park has just gotten a lot bigger. Created by British sculptor and ecologist Jason deCaires Taylor in 2006, the Molinere Bay Underwater Sculpture Park in Grenada is now one of the Caribbean country’s most popular underwater attractions. Underwater attractionThe Molinere Bay Underwater Sculpture Park in Grenada has expanded, with the addition of 31 new sculptures. According to deCaires Taylor, marine life had already made itself at home within the sculptures days after they were installed. I haven’t seen that before.”This also marks the first time deCaires Taylor has introduced color into his underwater sculptures.
Persons: Jason deCaires Taylor, ” deCaires Taylor, It’s, deCaires Taylor, Troy Lewis, Bianca C, , Dickon Mitchell, , he’s, Hurricane Ivan, “ I’d, ” “ It’s, it’s, ” He’s, “ I’m Organizations: CNN, Grenadian Ministry, CNN Travel, Visitors, Museum of, Art, Museum Locations: British, Grenada, Caribbean, Marina, Australia, Napa, Cyprus, Carriacou
Explainer-Can Technology Solve the Global Climate Crisis?
  + stars: | 2023-12-01 | by ( Dec. | At P.M. | ) www.usnews.com   time to read: +6 min
John Kerry, President Joe Biden's climate envoy, is expected to announce at COP28 a global strategy in nuclear fusion. If it is produced using renewables like wind or solar power, as opposed to fossil fuel generated power, it is called green hydrogen. Governments and companies think green hydrogen could be a way to clean up hard-to-decarbonize industries like steel and cement-making and other industrial manufacturing. PwC said technologies like green hydrogen and reducing food waste have relatively high emissions reduction potential, but are receiving a small share of start-up investment. In 2023, green hydrogen got 3.9% of global climate-tech venture funding, while food waste got 0.7%, it said.
Persons: Timothy Gardner, PwC, John Kerry, Joe Biden's, David Schatsky, Schatsky, Richard Valdmanis, Diane Craft Organizations: Reuters, International Energy Agency, Fusion Industry Association, FIA, Companies, Deloitte, Entrepreneurship Locations: Dubai, United States, Texas, Louisiana, Australia, China, Germany, Japan, U.S, ASIA, AFRICA, France, India, Asia, Africa
An employee works on a production line manufacturing steel structures at a factory in Huzhou, Zhejiang province, China May 17, 2020. The data shows that factories are producing less and hiring fewer people," Dan Wang, chief economist at Hang Seng Bank China, said of China's PMI readings, which have different samples. Export-reliant Japan, South Korea and Taiwan bore the brunt of sluggish global demand with their manufacturing activity remaining stagnant in November, surveys showed. Japan's final au Jibun Bank manufacturing PMI fell to 48.3 in November from 48.7 in October, shrinking at the fastest pace in nine months. Manufacturing activity also shrank in Taiwan, Vietnam and Malaysia, but expanded in Indonesia and the Philippines, the surveys showed.
Persons: Dan Wang, Toru Nishihama, Leika Kihara, Jamie Freed Organizations: REUTERS, PMI, Korea Soft, P Global, Hang Seng Bank, Dai, Research, Jibun Bank, Research Institute, Thomson Locations: Huzhou, Zhejiang province, China, Japan, S, TOKYO, Europe, United States, Hang Seng Bank China, South Korea, Taiwan, Asia, Vietnam, Malaysia, Indonesia, Philippines
Tesla is selling a $55 Cybertruck decal inspired by Elon Musk's infamous window smashing incident. "OMFG decal" references moment a Tesla engineer smashed the Cybertruck's windows with a steel ball. AdvertisementTesla is selling a Cybertruck decal inspired by the windows that famously smashed during a demonstration at the futuristic pickup's unveiling. Elon Musk was left red-faced after the Cybertruck's windows failed in a demonstration. That means it still remains unclear whether the Cybertruck's windows are actually as unbreakable as Musk initially suggested.
Persons: Tesla, Elon Musk's, , Franz von Holzhausen, Elon Musk, Frederic J . Brown, Holzhausen, Austin — Organizations: Service, Elon Locations: Austin
Euro zone factory downturn eased a touch in November -PMI
  + stars: | 2023-12-01 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Ina Fassbender/File Photo Acquire Licensing RightsLONDON, Dec 1 (Reuters) - The broad-based downturn in euro zone manufacturing activity eased slightly last month but the sector remained deeply rooted in contractionary territory, prompting factories to trim staffing levels for a sixth straight month. HCOB's final euro zone manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 44.2 in November from October's 43.1, above a preliminary estimate of 43.8. An index measuring output, which feeds into a composite PMI due on Tuesday and seen as a good gauge of economic health, climbed to 44.6 from 43.1. "November has not been the prettiest, and this does not refer only to the weather but also to the situation in the manufacturing sector of the euro zone," said Cyrus de la Rubia, chief economist at Hamburg Commercial Bank. The employment index dropped to a low not seen since August 2020 when the COVID-19 pandemic was cementing its grip on the world.
Persons: Ina Fassbender, Cyrus de la Rubia, Rubia, Jonathan Cable, Toby Chopra Organizations: ThyssenKrupp AG, REUTERS, P, Hamburg Commercial Bank, Thomson Locations: German, Duisburg, October's, Hamburg
According to the International Maritime Organization, shipping accounts for close to 3% of global annual emissions of CO2 and other greenhouse gases. Yara International, one of the world’s biggest fertilizer makers, has joined forces with its subsidiary Yara Clean Ammonia and Norway’s North Sea Container Line to work on the ship, which will transport goods between Norway and Germany. However, Yara Clean Ammonia plans to provide a mix of “blue” and “green” ammonia for the Yara Eyde. In “blue” ammonia production, CO2 emissions are captured at the source and stored underground, while “green” ammonia is made using renewable electricity. In August last year, the company said it would launch the first carbon-neutral vessel by the first quarter of 2024.
Persons: Svein Tore Holsether, , Norway Victoria, It’s, Faïg Abbasov Organizations: London CNN, Yara, CNN, International Maritime Organization, International Energy Agency, Norway Victoria Klesty, Transport & Environment, Maersk Locations: Norwegian, decarbonization, Norway, Germany, Porsgunn, Brussels
Jahmy Hindman is senior vice president & chief technology officer of Deere & Company , a position he has held since July 2020. The best example of this is our See & Spray technology. Before AI, farmers had to spray the entire field to get rid of the weeds. AI will also help us reach our goal of creating a fully autonomous production cycle for corn and soybean farmers by 2030. An example of this is the ability to retrofit See & Spray technology onto a sprayer built in 2018.
Persons: Jahmy Hindman, Hindman, John Deere, we've, we'll, we're, It's, it's Organizations: Deere & Company, Solutions, CNBC, Summit, Technology, Big Tech, Hindman : Technology, Deere Locations: Hindman
Morning Bid: Markets wary Powell may undermine rate-cut bets
  + stars: | 2023-12-01 | by ( ) www.reuters.com   time to read: +3 min
Federal Reserve Chair Jerome Powell answers a question during a press conference at the Federal Reserve in Washington, U.S., November 1, 2023. The disconnect between financial markets and central banks has only deepened as central banks push back against talk of rate cuts while markets take in the relatively more benign inflation data of recent weeks. That helped to embolden markets to take on rate-cut bets. Markets are now pricing in a 46% chance of the central bank cutting rates in March, the CME FedWatch tool showed. Speakers: Bank of England MPC member Megan Greene, ECB President Christine Lagarde, Fed Chair Jerome Powell.
Persons: Jerome Powell, Kevin Lamarque, Ankur Banerjee, Christopher Waller, Powell, Elon Musk, Megan Greene, Christine Lagarde, Edmund Klamann Organizations: Federal Reserve, REUTERS, Ankur, Fed, ECB, Reuters Graphics Reuters, Reuters, Bank of England, Thomson Locations: Washington , U.S, Europe, Asia, France, UK, Germany, Singapore
It is now close to the front line between Ukrainian and Russian forces, and many of its buildings are damaged or destroyed. Like most people from Chasiv Yar, Tkachov has moved further from the fighting though some remain. All of them have lived through nearly a decade of war, a reminder that for millions in eastern Ukraine the conflict has rumbled on since 2014, long before Russia's full-scale invasion in February last year grabbed the world's attention. BUILD-UPUkraine and its Western allies say Russia infiltrated eastern Ukraine with fighters and intelligence operatives to stage a coup in Donbas in 2014 which Moscow subsequently supported with regular troops. FULL-SCALE WARThe U.N. human rights office estimated that more than 14,000 military personnel and civilians were killed in eastern Ukraine from early April 2014 to the end of 2021.
Persons: Tkachov, Alina Smutko, CHASIV, Chasiv Yar, Vladimir Putin, Viktor Yanukovych, Yanukovych, Max Hunder, Mike Collett, White Organizations: REUTERS, Reuters, Russian, Russia, Timothy Heritage, Thomson Locations: Kostiantynivka, Ukraine, Donetsk region, Donbas, CHASIV YAR, Chasiv, Russian, Russia, Moscow, Donetsk, Luhansk, Soviet Union, Ukrainian, CRIMEA, Kyiv, Crimea, Sloviansk, Soviet
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Brownlee also said he appreciated the high level of visibility in the truck, which has a massive windshield. "It feels way more nimble in parking lots and it feels like it shrinks the wheelbase, the whole dimensions of the truck," Brownlee said. The Cybertruck doesn't have any door handles — a feature that some new Cybertruck owners appeared to struggle with during the delivery event. Brownlee expressed some concerns about the lack of door handles on the Cybertruck.
Persons: YouTuber Marques Brownlee, he's, Tesla, , Brownlee, I'm, Marques Brownlee, Elon Musk Organizations: Service, YouTube Locations: California
The Cybertruck will start at $60,990, tens of thousands more than what Tesla promised in 2019. It was the opposite, horrible launch event, disappointing range, almost abusive pricing considering what was promised," wrote one Tesla fan on Reddit . "For me, this potential purchase was always always about two things, setting aside the design: range & price. The company is offering a "range extender" which it says will bring the Cybertruck closer to its promised range. Prominent tech YouTuber Marques Brownlee also criticized the discrepancy between what Tesla promised in 2019 and what it is offering now.
Persons: Elon Musk, Austin Gigafactory, Tesla, , Austin gigafactory, Musk, Cybertruck subreddit, Elon, I've, it's, YouTuber Marques Brownlee Organizations: Service, Business
Tesla's Cybertruck still makes no sense. Elon Musk livestreamed a delivery event for the pickup truck on Thursday. How it makes sense for Tesla, Elon Musk, or people's daily commutes is still anyone's guess. On its website, Tesla describes the vehicle as being "built for any planet," thanks to its durable and rugged design. "The truck looks absolutely awful.
Persons: Tesla's, Elon Musk, , Musk, 04EfaB01Fb — Jon Erlichman, Gun, I've, Gene Munster, Morgan Stanley, Tesla Organizations: Service, Texas, Porsche, Plaid, CNBC Locations: Texas, Wyoming
“I WANT a traditional kitchen—but make it cool.” Today, younger, hipper homeowners are texting designers with such seemingly irreconcilable desires. They want a look they can relate to. The layered kitchen, a neo-traditional approach that artfully patches together materials and styles. Cabinets typically vary, too: Paint might coat the lower set, often Shaker style, while the upper set sports glass fronts edgily framed in blackened steel. Next to this look, the standard monolith of same-color cabinets seems as dated as a matching lipstick, blouse and pumps.
Persons: hipper, “ Downton, , Victoria Sass Organizations: Prospect Refuge Locations: Minneapolis
CNN —The first production Tesla Cybertruck is expected to be delivered today – finally – four years after it was first unveiled. Stellantis’s Ram 1500 Rev electric truck will also go into production in late 2024. The Cybertruck is less than 19 feet long, according to Tesla, which is slightly shorter than other full-size trucks. Ample functional front space has been a big selling point for the Ford truck, in particular. That truck is claimed to provide up to 14,000 pounds of towing, the same figure Tesla originally claimed at the Cybertruck’s unveiling.
Persons: Elon Musk, Tesla, Ford, Stellantis’s Ram, ” Musk, Stellantis Organizations: CNN, General Motors, Chevrolet Silverado EV, Ford Maverick, Ford, GM, Pickup
To tackle dangerous global warming, countries have started to clean up their power plants and cars. That’s one big takeaway from a new, detailed forecast of global greenhouse gas emissions published Thursday by the Rhodium Group, a research firm. Overall, the report estimates that the world is currently on track to heat up roughly 2.8 degrees Celsius, or 5 degrees Fahrenheit, above preindustrial levels by 2100. Many world leaders and scientists consider that much warming to be perilous. Trying to predict emissions so far out in the future is inherently difficult, but the forecast offers a rough guide to where countries appear poised to make progress on climate change in the years ahead — and where they are still struggling.
But since Musk unveiled it four years ago, all three Detroit automakers have shown electric trucks of their own. Musk said the Cybertruck's body is made of a stainless steel alloy developed by Tesla. When Musk unveiled the truck four years ago, he said production would start in 2021. On its website, Tesla said the a rear-wheel-drive version of the truck would start at an estimated $60,990. When the truck was unveiled in 2019, Tesla said the base version would start at $39,900, with a tri-motor, long-range model costing $69,900.
Persons: Tesla, Elon Musk, , Musk, Rivian, GM's Chevrolet, Stellantis Ram, , it's, ” Tesla Organizations: DETROIT, U.S, Ford, General Motors, Detroit automakers, GM, GM's Chevrolet Silverado, Detroit, Tesla, Porsche, Ford Super Duty Locations: Austin , Texas
At that event, Musk boasted, "It will be the biggest product launch of anything by far on Earth this year." At the event in Austin, Musk said the Cybertruck's hard steel body was bulletproof, and that its windows were "rock proof." Tesla first unveiled the Cybertruck — with its angular and unpainted hard steel body — in November 2019. The covid pandemic and other factors contributed to a two-year delay however, and Tesla only began early Cybertruck production in July this year. The U.S. electric pickup truck market has not expanded as quickly as some thought when the Cybertruck was initially revealed.
Persons: Elon Musk, Musk, Tesla, Rivian, CNBC's Mike Wayland Organizations: Ford, General Motors, Lordstown Motors, GM, CNBC PRO Locations: New York, Austin, U.S
Tesla's Cybertruck - top features and specifications
  + stars: | 2023-11-30 | by ( ) www.reuters.com   time to read: +2 min
Tesla's new Cybertruck is shown on display at a Tesla store in San Diego, California, U.S., November 20, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsNov 30 (Reuters) - Tesla's (TSLA.O) Cybertruck has caught the attention of many drivers with its polarizing design that promises a durable build and unique features. The electric pickup, however, enters a fiercely competitive truck market, with automakers trying to one-up rivals with utility and features. Here are some specifications and features of the Cybertruck:RANGEThe base rear-wheel drive variant can travel an estimated 250 miles, while the all-wheel drive and "Cyberbeast" variants can travel 340 miles and 320 miles, respectively. The top two variants can travel further with an optional range extender that takes about a third of the truck's bed space.
Persons: Mike Blake, Cybertruck, Elon Musk, Musk, Akash Sriram, Arun Koyyur Organizations: REUTERS, Porsche, Ford, GM Silverado, DMC DeLorean, Thomson Locations: San Diego , California, U.S, Austin , Texas, Bengaluru
Tesla plans to begin delivering its much delayed, highly anticipated Cybertruck pickup to customers on Thursday, entering one of the most lucrative but competitive segments of the auto industry. With its stainless steel body and sharp angles, the Cybertruck is unlike pickups from Ford Motor, General Motors and Ram that dominate the market. It is Tesla’s first completely new passenger vehicle in more than three years but arrives long after other automakers began selling battery-powered pickups. Will it steal customers from traditional automakers, appeal to a different crowd or become a costly flop? “It looks like something lowered from the lunar module to collect rocks on the moon.”
Persons: Tesla, Ram, , Ben Rose Organizations: Ford Motor, General Motors, Battle, Research
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