President-elect Joe Biden is nominating Michael Regan to lead the EPA, putting a North Carolina environmental regulator in line to chart national policy on combating climate change and pollution, according to people familiar with the matter.
December 17, 2020Search
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Volkswagen Loses Top EU Court Case in Diesel Scandal
The European Union’s top court ruled that Volkswagen breached the law by installing on its cars a so-called defeat device to cheat on emission tests and cannot argue it was merely protecting car engines.
December 17, 2020Oil Jumps to Highest Mark Since February Amid Stimulus Optimism
Oil surged to the highest mark in nearly 10 months in New York alongside a broader market rally as breakthroughs on U.S. stimulus talks combined with the COVID-19 vaccine rollout stoked optimism around a demand revival.
December 15, 2020Getting US to Zero Carbon May Cost $2.5 Trillion by 2030
It’s going to take $2.5 trillion in spending over the next decade to get the U.S. on a path to a carbon-free economy, but the transition will help to pay for itself, Princeton University researchers say.
December 15, 2020OPEC’s President Says Oil Cartel Cannot Rush Output Increases
The president of the Organization of Petroleum Exporting Countries reiterated that the oil producers’ cartel shouldn’t rush to increase output early next year and said energy demand was still fragile with the coronavirus raging across parts of the world.
December 15, 2020Diesel Rises 3.3¢ in Sixth Straight Increase
The average price of diesel increased by 3.3 cents a gallon nationwide to $2.559, according to weekly data released by the U.S. Energy Information Administration on Dec. 14. Still, trucking’s primary fuel costs 48.7 cents less than it did a year ago.
December 14, 2020New Toyota Fuel Cell System Close to Being Available to Class 8 Makers
Toyota Motor Corp. unveiled a second-generation fuel cell system that is nearing the point when it could be offered to heavy-duty truck builders looking to build hydrogen-powered tractors.
December 14, 2020Oil Ekes Out Weekly Gain After Retreating From Nine-Month High
Oil just managed a weekly gain as an impasse in Washington over pandemic relief dimmed chances of an imminent boost to demand.
December 11, 2020GM’s Cruise to Deploy Driverless Cars in San Francisco
SAN RAMON, Calif. — General Motors’ self-driving car company is sending out vehicles with nobody behind the wheel in San Francisco as it navigates its way toward launching a robotic taxi service that would compete against Uber and Lyft in the hometown of the leading ride-hailing services.
December 9, 2020Tesla’s German Factory Faces New Snag After Court Halts Logging
Tesla Inc. was ordered by a local court to halt tree clearance for its new factory near Berlin after complaints from two environmental groups, potentially disrupting progress in completing the company’s first European gigafactory.
December 8, 2020