The Biden administration's final rules for technology-neutral energy tax credits won praise from renewable energy groups but criticism from fuel cell companies.
Why it matters: The Clean Electricity Investment and Production Tax Credits — known as 45Y and 48E — apply to projects beginning construction this year. The rules were issued Tuesday.
The Net-Zero Banking Alliance epitomizes everything the MAGA world hates about international banking.
As such it's hardly a surprise that all of America's largest banks have now withdrawn from it.
Why it matters: Without U.S. banks on board, it becomes harder for NZBA to meet its goal of helping the world achieve net-zero carbon emissions by 2050.
New York, San Francisco and Honolulu are home to the country's slowest driving, a new report finds.
Why it matters: Drivers want to get where they're going — fast. But public transit and pedestrian advocates might point to these numbers as evidence that some cities are overwhelmed by cars and need to get serious about alternatives.
Los Angeles County saw multiple wildfires erupt as "extremely critical fire weather" from dry conditions and Santa Ana winds threatened Southern California into Wednesday, and the National Weather Service warned the worst was yet to come.
State of Play: The biggest blaze was the uncontained Palisades Fire. It triggered mandatory evacuations for at least 30,000 people in the Pacific Palisades area as it threatened multiple structures across at least 2,921-acres between Malibu and Santa Monica, where evacuation orders were issued Tuesday evening.
Official word will arrive later this week that Earth recorded the hottest calendar year in recorded history. And for the fifth time this decade, journalists will try to convey the significance of a milestone that's become routine and predictable.
Why it matters: This year's record stands out from the pack in that it wasn't expected. That's prompted climate scientists to launch multiple studies investigating what led to the record heat.
