World's Top Mining Companies Commit to Net Zero On or Before 2050
VW reports 144,000 orders for its ID.3 EV in first year; China's BYD teaming up with Nuvve JV to deploy 5,000 V2G-capable electric fleet vehicles in as-a-service offering; GM to build new battery cell innovation center in its global tech center in Michigan; Stellantis to offer plug-in hybrid Jeep Grand Cherokee SUV w/ 17 KWh battery; North Carolina legislators pass energy bill with electric sector emissions reduction cuts of 70% cuts from 2005 levels by 2030; Maine seeking federal approval for floating offshore wind lease area; Moody's sees climate risk as having major influence on banks' loan quality, with losses as much as 20% higher under extreme climate scenarios; World's top mining companies commit to net zero direct and indirect carbon emissions by 2050 or earlier.
1) A year after launch of its ID.3, VW reports sales of 144,000.
2) Chinese EV company BYD and Levo Mobility announced they'll join forces to integrate Nuvve's vehicle-to-grid techn w/commercial public transport & heavy-duty battery electric vehicles in a fleet-as-a-service leasing model.
3) GM announces new battery cell innovation center in its global technical center in Michigan, focused on development and production of its next-gen Ultium cells. Goal is to cut costs by 60%.
4) Stellantis will offer Jeep Grand Cherokee SUV in hybrid model, w/17 KWh battery.
5) North Carolina legislators pass bi-partisan energy bill with electric sector emissions reduction cuts of 70% from 2005 levels by 2030.
6) Maine governor Janet Mills submits requests permitting from feds for 15 square mile area, 20 miles off coast for siting up to 12 floating wind turbines.
7) Moody's sees climate risk as having major influence on banks' loan quality, with losses as much as 20% higher under extreme climate scenarios.
8) World's top mining companies commit to net zero direct and indirect carbon emissions by 2050 or earlier. Companies invovlved represent about one third of the global mining and metals industry.