The August Complex north of Sacramento is the biggest wildfire event in California history, burning more than 471,000 acres and surpassing 2018's Mendocino Complex fire, which burned more than 459,000 acres, according to state officials cited by the New York Times.
Why it matters: The August Complex, a collection of more than 30 separate blazes in the Mendocino National Forest, was started by a lightening storm. It has destroyed at least 26 structures and is responsible for one fatality to date. It is one of several major fires currently spread across the state.
After weeksof dribbling outinformation, Lucid Motors last night took the wraps off the production-ready version of its Air luxury sedan and revealed pricing for the first time.
What's next: Production begins in the "coming months" at its Arizona factory, with North American deliveries starting next spring, Lucid said.
Venture capital funding for energy technology startups has recovered from its mid-2010s trough but is seeing a fresh drop-off this year, new International Energy Agency data show.
Where it stands: Electric vehicles, hydrogen and storage technologies have generally been growth areas in recent years.
BP is making its first move into offshore wind via a new deal and partnership with Norway-based Equinor, which is developing big U.S. projects.
Driving the news: BP is paying Equinor $1.1 billion for a 50% stake in wind farms Equinor is developing off the coasts of New York and Massachusetts. The oil-and-gas companies — which are both making more moves into renewables — also announced a "strategic partnership" to jointly pursue other U.S. offshore projects.
A 1-year-old boy is among at least seven people to have died in wildfires burning hundreds of thousands of acres in the Northwest U.S. this week, officials in Okanogan County, Washington, confirmed Wednesday.
Driving the news: Powerful winds are fueling scores of fires as thousands of people remain under evacuation orders in California, Washington state and Oregon.
San Francisco's skies were thick with smoke from ongoing wildfires on Wednesday, largely blocking the sun from view amid hazardous air quality across the Bay Area.
The big picture: Roughly 14,000 firefighters are battling 28 major wildfires across California. There have been eight fatalities from wildfires this year and over 2.5 million acres have burned across the state, per Cal Fire.
Modeling the long-term future of global energy sources and demand was a fraught and dicey thing even before the once-in-a-lifetime pandemic, but we're about to see a bunch of analysts take their best swings.
Driving the news: Next week BP will unveil the big annual look-ahead to 2050, while next month will bring midcentury outlooks from the International Energy Agency and the Energy Information Administration.
It would be easy to feel some whiplash over recent Trump administration moves on oil-and-gas industry access — or lack thereof — to areas currently off-limits.
Driving the news: Trump used a Tuesday stop in Florida — a swing state with a huge electoral vote bounty — to announce an order that keeps the eastern Gulf of Mexico off-limits through 2032.
