The Detroit Lions have plans to become the 12th NFL franchise to use solar technology, with installations planned at both Ford Field and their training facility in Allen Park.
The big picture: Over the past three years, solar installations in U.S. sports arenas have steadily increased, according to a new report released by the Solar Energy Industry Association. Their research shows that between the NFL, NBA, NHL, MLS, MLB and NASCAR, the U.S. collectively has over 46 megawatts of installed solar capacity powering sports facilities, enough to power nearly 8,000 U.S. homes.
Typhoons Soulik and Cimaron are both on collision courses with highly populated areas of Southeast Asia, including Southwest Japan and the Korean Peninsula. The storms will hit one after the other, possibly battering two massive Asian economies on the same day.
What to expect: Typhoon Soulik is up first and is forecast to deliver a fierce blow to Japan's Rykyu Islands in the next two days, before curving north-northwestward to make landfall in South Korea on August 22 or 23. The storm is the equivalent of a Category 3 hurricane with maximum sustained winds estimated at 115 miles per hour, according to the Joint Typhoon Warning Center.
Dan is joined by Axios managing editor Kim Hart to talk about online privacy and a new report on how Americans care less and less about it. Also, in the "Final Two," he talks about how SpaceX could help Elon Musk buy Tesla and what's next in the trade wars.
The Environmental Protection Agency is slated to unveil a proposal this week to replace Obama-era rules to cut carbon emissions from coal-fired power plants with a much weaker substitute, according to multiple reports.
Why it matters: EPA's 2015 Clean Power Plan was a central pillar of Obama's climate agenda, and was designed to achieve a 32% cut in nationwide CO2 emissions from power plants by 2030, relative to 2005 levels.
JPMorgan analyst Ryan Brinkman cut his Tesla price target from $308 to $195, stating that it appears "funding has not been secured" for Elon Musk's take-private proposal as originally claimed, reports StreetInsider.com.
Saudi Arabia's sovereign wealth fund may invest in luxury electric vehicle startup Lucid Motors, according to Reuters, which reports that recent discussions could result in the Saudis eventually investing over $1 billion and obtaining majority ownership.
Why it matters: The report comes just days after Tesla CEO Elon Musk claimed the Saudi Public Investment Fund (PIF) was "eager" to bankroll his plan to take Tesla private.
America’s hot summer is fueling wildfires — and a fierce debate over climate change, the single most polarized policy in the U.S.
The big picture: There are plenty of reasons for this divide. Fossil-fuel industry lobbying is one. Our elections that encourage partisanship and tribalism don’t help. A lot more is at play underlying these factors. Here's a rundown of what I see time and again that inflame our divisions.
More than 350 people have been killed and thousands are still stranded by historic flooding in the southern Indian state of Kerala, per the BBC, as a result of relentless monsoon rains.
The big picture: The massive floods paralyzed the region's infrastructure, perhaps most dramatically illustrated by the scene at Cochin International Airport, the fourth-largest in India, with floodwaters up to the wings of jets still parked there.
