Why it matters: The outlook from directors and top executives from hundreds of companies provides some interesting data points on how the corporate world is and isn't addressing climate change.
The latest step in Ford's foray into electric vehicles is a cargo van arriving late next year with a starting price under $45,000.
Why it matters: Ford wants to defend its hold on the commercial vehicle market where there's growing demand for electric delivery and utility vans by companies looking to make good on carbon-cutting pledges or comply with new rules.
Joe Biden's presidency could bring new efforts to use regulation on Wall Street and action from the Fed and the Treasury to press big companies to take climate change more seriously.
Why it matters: There's a lot of pent-up interest in employing financial regulation to promote better disclosure of climate-related risks and to pressure companies to cut emissions.
The institutional hurdles in front of President-elect Joe Biden's energy and climate agenda are very formidable, but you can also imagine things breaking Biden's way — enough to set the country on a path toward the emissions cuts his platform envisions.
Why it matters: Biden aims to put the country on a path toward net-zero emissions by 2050 and 100% carbon-free power by 2035 — but Democrats face long odds of winning the Senate.
A COVID-19 vaccine is "unlikely to ride to the rescue of the global oil market for some time," the International Energy Agency warned as they deepened their estimate of the pandemic's near-term effect on oil demand.
Why it matters: This morning's monthly oil market report is IEA's first analysis of where supply and demand is heading since Pfizer and BioNTech announced promising early results from its vaccine trials.
Tropical Storm Eta was unleashing more strong winds, heavy rains and "dangerous storm surge" over parts of Florida early Thursday, ahead of an expected second landfall in the state, per the National Hurricane Center.
The state of play: Eta was pummeling Florida's west coast overnight after briefly strengthening into a Category 1 hurricane offshore from the state's southwest. Gov. Ron DeSantis (R) tweeted Wednesday evening that FEMA had granted his request for a pre-landfall emergency declaration.
