A large eruption occurred at Mount Semeru in Indonesia on Saturday, killing at least one and injuring dozens more as a huge ash cloud descended over the region, Reuters reports.
Driving the news: The eruption occurred at around 4:25 p.m. local time and produced "a large pyroclastic flow (hot avalanche of ash and rock particles) that traveled down the southern slopes, as well as producing an ash column that rose to estimated 40,000 ft. altitude," according to Volcano Discovery.
The secret to affordable electric vehicles is cheaper batteries. But after years of falling prices, battery costs are now headed in the wrong direction.
Why it matters: Costlier batteries could drive up the price of electric vehicles — threatening the auto industry's transition away from fossil fuels, and, in turn, society's fight against climate change.
Honolulu's water utility said Friday it shut down one of its wells amid concerns over fuel contamination in the Navy's tap water supply, according to the Board of WaterSupply.
Why it matters: The fuel contamination concerns threaten one of Honolulu’s most important water sources and a key military base, where submarines, ships and the commander of U.S. forces in the Indo-Pacific region are located, AP reports.
The OPEC+ decision to forge ahead with output hikes next month can't be untethered from U.S. politics or uncertainty about the Omicron variant.
Catch up fast: OPEC, Russia and allied producers met virtually Thursday and stuck with plans to increase production by 400,000 barrels per day in January.
Your home or business insurance could soon come with innovative options for extreme weather thanks in part to platforms developed by climate risk management companies like The Demex Group.
Driving the news: The company uses a combination of meteorological know-how, risk analysis, software development and relationships with insurers to help distribute the monetary risk that extreme weather events pose.
