Ford is starting to position itself as more than a manufacturer of cars and trucks. It also wants to be an orchestrator of urban transit, helping cities move people efficiently from A to B.
The big picture: Legacy automakers are scrambling to reinvent themselves in the face of disruptive technologies like automated vehicles and car-sharing. Ford is trying to take a more holistic approach than others, partnering with urban planners to address their cities' current transportation problems while laying the technology foundation for tomorrow's AVs.
CEOs of the world’s biggest oil companies will face critical questions from environmentalists at an invite-only forum Sept. 23 in New York City, on the sidelines of a major UN climate summit.
Why it matters: The burning of fossil fuels that oil and gas companies produce is a big reason Earth’s temperature is rising, yet their products are also the foundation of the global economy.
Former Energy Secretary Ernest Moniz told Axios in an exclusive interview that he will call for a plan aimed at counterbalancing the Green New Deal.
Driving the news: Moniz, who was the energy secretary from 2013 to 2017 under President Obama, is delivering a speech today at a U.S. Chamber of Commerce event in D.C. touting energy innovation.
As the political urgency around climate change has grown, activist shareholders are increasingly pressuring fossil fuel companies to change how they operate.
The big picture: Climate-related reforms have received especially strong support from large institutional investors, yielding changes in disclosure, governance, compensation and more.
The oil-and-gas industry could realize $50 billion in cost-savings from wider deployment of drones over the next 5 years, a new Barclays report finds.
Why it matters: It's the sector that could see the greatest cost reductions over that period, as a "convergence" of tech developments — 5G, remote computing and AI — enable wider drone use in many industries.
Swedish climate activist Greta Thunberg tweeted Monday that she can attend United Nations climate summits in the U.S. and Chile — after accepting a ride across the Atlantic in a high-speed racing yacht from the U.K.
The big picture: The 16-year-old previously told AP that she wanted to attend the summits in New York in September and Santiago in December, but she was struggling to figure out an environmentally friendly method of travel, as both planes and cruise ships have high emissions.
Thunberg intends to travel by train and bus to the annual UN climate conference in Chile with stops in countries including Canada and Mexic, per the Guardian. The BBC reports that Thunberg plans to stay in the Americas for 9 months and it's not known how she will return to Europe.
