- According to Argonne National Lab, 90% of all battery packs used in electric vehicles between 2010 and now were produced in the United States by Tesla and Panasonic. Not a huge surprise, given how Tesla has dominated the early EV market. The trend continues, however, with 70% of cells and 87% of packs produced here in 2020.
- China, India, Indonesia, Japan and Vietnam plan to build more than 600 coal power units. A risky move, given that 27% of existing coal plants are already uneconomic.
- “It’s warmer in parts of western Canada than in Dubai,” said David Phillips, senior climatologist for Environment Canada. Lytton, a small Canadian town in British Columbia at 50°13′52″N, became one of the hottest places on the planet last weekend. A town in Canada. Let that sink in.
- Here’s a novel idea from Harvard’s investment manager to allow short sellers to deduct carbon emissions associated with the companies that they’re shorting from their portfolios. Do we need an emissions market? Or could the financial markets do the job?
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Recycled – June 30, 2021
