Details: The SEC claims Musk violated the settlement when he wrote in a Feb. 19 tweet: "Tesla made 0 cars in 2011, but will make around 500k in 2019." The commission wrote in court papers: "[Musk] once again published inaccurate and material information about Tesla to his over 24 million Twitter followers, including members of the press, and made this inaccurate information available to anyone with Internet access."
SIMEC Atlantis Energy, a sustainable-energy generation and asset management company, recently achieved a new milestone after exporting over 12 gigawatt hours of clean tidal energy to the grid from their MeyGen Tidal Array in Scotland.
Why it matters: Demonstrating reliable production is a constant challenge for any company looking to sell energy into the grid with a new technology. SIMEC's 12 gigawatt hours of grid-delivered energy since last spring is one of the best records within the marine energy community and will help bolster investor confidence.
In a surprising move after months of inaction, the EU tentatively approved a compromise version of the European Commission (EC) proposal to extend provisions of a legislative framework for the EU's gas and electricity market to pipelines to and from non-EU countries.
Why it matters: Under the framework, called the Third Energy Package (TEP), energy generation and supply need to be separate from transmission networks. If the compromise secures final approval, that stipulation could affect the Nord Stream 2 (NS2) offshore pipeline currently under construction, as it's owned and operated entirely by Russia's state-owned Gazprom.
The viral footage of kids organized by the Sunrise Movement urging Sen. Dianne Feinstein to support the Green New Deal resolution says a lot about climate politics in 2019.
Driving the news: Feinstein attacked the resolution as impractical, talked up her long experience and recent re-election, and handed out her own less aggressive resolution. The New York Times describes the encounter here.
Climate change is on Washington’s front-burner for the first time in a decade — on Capitol Hill, on the campaign trail and, naturally, in newsrooms.
My thought bubble: Media companies are prioritizing climate change news like never before, and that includes Axios and my own coverage. This is the story about why and how much my focus has changed over the last two years under President Trump — which is to say a heck of a lot.
The White House is moving forward with a plan to create a National Security Council committee to question the findings of recent federal climate science reports, according a Washington Post report.
Why it matters: The panel idea, first reported last week, represents a frontal assault on climate science reports at a time when public opinion is moving to support cutting greenhouse gas emissions. In this case, per the Post, the report the panel is most likely to investigate is the National Climate Assessment.
