The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images GUANGZHOU, CHINA — Foxconn, the Taiwan company that assembles Apple’s iPhone, has launched an platform to help automobile companies make electric cars. The technology giant is best-known for being a major assembler of
From birds that can fly for months on end to giant redwoods stretching hundreds of feet into the air, the natural world inspires awe and wonder. For thousands of years, humanity’s appreciation of nature has led to countless works of literature, art, and even innovations in design and engineering. Examples of the latter include the
(Bloomberg) — Oil posted a small weekly gain on tentative signs that demand is picking up even as a new wave of coronavirus cases casts a shadow over the market. Futures in New York edged lower on Friday, but still managed to record an advance of 0.7% this week on shrinking U.S. crude stockpiles and
October 16th, 2020 by U.S. Energy Information Administration In 2019, wind-powered generation contributed 84.4 thousand gigawatt-hours (GWh) of electricity in Texas, an 11% increase from the 75.7 thousand GWh generated in 2018. Substantial growth in wind capacity in the state was the primary reason for this increase. Texas wind capacity rose almost 17% in 2019,
By Joey Klender Posted on October 16, 2020 Tesla (NASDAQ: TSLA) has overtaken Apple as the most popular stock for millennial investors, according to Apex Clearing, a Dallas, Texas-based custody and clearing company. CEO of Apex Clearing, Bill Capuzzi, says that the number of millennials who have opened investor accounts with his firm since the
Like many large businesses, dairy company Arla Foods has grand plans to reduce its greenhouse gas emissions and the firm aims to be carbon net zero by 2050. Around 85% of Arla’s total emissions come from the co-operative of 10,000 farms it has across Europe, a combination of the methane and nitrous oxide from the
(Bloomberg) — Oil recovered from early losses as shrinking American crude and refined product stockpiles offset signs that the fragile demand recovery is under threat. Futures in New York ended the session little changed just under $41 a barrel after earlier falling as much as 4.4%. The Energy Information Administration reported a decline in U.S.
October 15th, 2020 by Zachary Shahan If you’re just tuning into 2020, the short summary is a nasty little virus spread across the world, killed 1.1 million people (probably considerably more, actually), and led to economic shutdowns that threw an enormous amount of hurt on societies across the globe. One of government’s core roles is
By Eric Ralph Posted on October 15, 2020 SpaceX has added another Starlink launch to its October manifest and plans to support the mission with a record-breaking Falcon 9 booster turnaround. Several media outlets recently confirmed that SpaceX will attempt to launch Starlink-13 – the 13th launch of operational v1.0 satellites and 14th launch overall
Tesla Model S Plaid, the new higher-end version of the flagship electric sedan, remains a mystery despite now being available for orders, and a recent comment by CEO Elon Musk has led to uncertainty about the third-row seat. At Battery Day last month, Tesla officially launched the Model S Plaid, the new top performance version of
General Motors is launching a splashy new ad blitz next week for the global debut of its all-electric GMC Hummer in an attempt to reach 80% of U.S. adults. The vehicle will be unveiled Tuesday during the World Series, “The Voice” and across a barrage of social media and streaming platforms The estimated viewership – roughly 255
(Bloomberg) — Oil rose to its highest in nearly a week amid a weaker dollar and signs of improving demand in China and India. Crude futures gained 2.1% in New York, while the Bloomberg Dollar Spot Index slipped as much as 0.3%, raising the appeal for commodities priced in the currency. Meanwhile, refinery activity in
October 14th, 2020 by Jake Richardson At a restaurant, I overheard some other customers talking about how solar power is too expensive. As someone who follows solar power enough to know it actually is very affordable now and is well within the reach of many, many homeowners, I wanted to protest this very outdated notion.
By Maria Merano Posted on October 14, 2020 The Tesla Model S is poised to drop to its lowest price yet, with CEO Elon Musk stating that the premium flagship sedan will now start at just $69,420. The Model S price drop, the second one in two days, seemed to be correlated with the announcement
(Bloomberg) — Oil advanced after data showing a rise in China crude imports signaled strengthening demand, even as uncertainty over U.S. fiscal stimulus kept price gains in check. Futures in New York rose 2% on Tuesday, buoyed by data showing Chinese crude imports climbed 2.1% month-on-month in September, according to the General Administration of Customs.
October 13th, 2020 by U.S. Department of Energy University researchers examine eagle physiology to inform and improve eagle deterrents Purdue University (Purdue) and the University of Minnesota (UMN) are studying the visual and auditory capabilities of bald and golden eagles to help improve the effectiveness of deterrents used around wind energy facilities. Findings from this
By Dacia J. Ferris Posted on October 13, 2020 HBO is developing a biopic-style show focused on the achievements of Elon Musk and SpaceX, specifically highlighting the company’s successful mission which launched and landed NASA astronauts this year. The limited series, produced by Channing Tatum’s Free Association, will be based on Ashlee Vance’s 2017 biography
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Monika Skolimowska | picture alliance | Getty Images As the world looks to move towards a low-carbon future, the potential of “green hydrogen” — which is produced using renewable energy — has garnered increasing interest from businesses, governments and investors alike. In the last few years, major firms including Repsol, Siemens Energy, Orsted and BP
Peter Cade | Stone | Getty Images The world’s response to Covid-19 can “reshape the future of energy” for years to come, the International Energy Agency said Tuesday in its annual World Energy Outlook report. The IEA report underscored that most important of all is how the crisis will ultimately affect the transition to clean