Latest from Steven Mufson
Despite diplomatic clashes, U.S. and China vow to work together on climate change
Special Presidential Envoy for Climate John F. Kerry just traveled to Shanghai to push for more ambitious action ahead of upcoming summits.
- Apr 17, 2021
South Korean battery makers reach last-minute settlement
The Biden administration and two South Korean makers of batteries for electric vehicles have reached a last-minute deal that will allow the twin new plants to open and run without limitations that the U.S. International Trade Commission had imposed.
- Apr 11, 2021
Biden’s plan to rev up the electric car market is complicated by battery supplies
The ambitious plans of President Biden and major auto manufacturers could be scuttled by a severe shortage. This week, Biden has to decide whether to intervene in a dispute between two major battery makers that could determine whether there's enough supply to make 340,000 electric vehicles in the United States.
- Apr 4, 2021
Biden’s infrastructure plan aims to turbocharge U.S. shift from fossil fuels
The president plans to use the muscle and vast resources of the federal government to intervene in electricity markets, speed the growth of solar and wind energy, and foster technological breakthroughs in clean power.
- Mar 31, 2021
Auto negotiations test Biden’s vow to create a climate-friendly future
Under pressure from automakers, unions and environmentalists, the administration faces tough choices ahead as it prepares to unveil a massive infrastructure plan.
- Mar 30, 2021
Oil, gas industry says it will support carbon pricing
The American Petroleum Institute, the top oil and gas lobbying group, backed the idea of carbon pricing, provided the Biden administration puts aside other regulations.
- Mar 25, 2021
Biden administration wants the financial sector to face up to climate risk
Financial agencies under President Biden are pushing the financial sector to reckon with the cost of climate change, taking a tougher look at how corporate America discloses these risks and factors in connection with global warming’s damages. On Wednesday, the Commodity Futures Trading Commission will announce plans to establish a “Climate Risk Unit” to tackle the issue.
- Mar 17, 2021
Can the market save the planet? FedEx is the latest brand-name firm to say it’s trying.
FedEx aims at becoming carbon neutral by 2040. It will invest $2 billion to start buying electric vehicles for its fleet of 180,000 vehicles and it will donate $100 million to the Yale Center for Natural Carbon Capture. The announcement is the latest move by companies to slow climate change.
- Mar 5, 2021
Top oil and gas lobbying group close to backing a carbon tax
The American Petroleum Institute, the top lobbying group for the oil and gas industry, is moving toward endorsing a carbon tax. But analysts debate whether API sees it as a way to undercut other policies or as a step forward on climate change.
- Mar 2, 2021
A lesson in electric school buses
School board seals deal to bring 300 electric school buses to Montgomery County. The buses will recharge at night and run during the day. During the hot summers, the buses and charging stations can help store needed energy for local businesses.
- Feb 24, 2021