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Economy

Microsoft’s Major Carbon Removal Deal
Technology

AM Briefing: A Major DAC Deal

On curbing AI emissions, flood resilience, and offshore wind

Electric Vehicles

AM Briefing: Saudi Aramco’s Big Bet

On the future of ICEs, stuck bridges, and patriotic appliances

Yellow
Economy

Hydropower Is Surging in China

More evidence the country’s emissions are peaking.

Economy

3 Takeaways From Our SunZia Investigation

Why power lines are harder to build than pipelines

Yellow
Biden’s LNG Permitting Pause Is No More

AM Briefing: A Major LNG Decision

On liquified natural gas exports, BYD vs. Tesla, and heat protections

Yellow
Politics

AM Briefing: Welcome to Debate Day

On Biden’s 2024 tightrope, climate lawsuits, and flood insurance

Who Will Bring Up Climate at the First Presidential Debate?
<p>Heatmap Illustration/Getty Images</p>

Current conditions: Severe storms dropped hail stones on Madrid • More than 500 people have died during a heat wave in Pakistan • A home near Minnesota’s failing Rapidan Dam was swept into the raging Blue Earth River.

THE TOP FIVE

1. Biden and Trump to debate in Atlanta

President Biden and former President Donald Trump will meet in Atlanta tonight for the first presidential debate of 2024. The head-to-head comes as millions of Americans endure extreme weather events – from dangerous heat waves to wildfires to unprecedented flooding – made worse by climate change and our use of fossil fuels. If climate change comes up at the debate (and it may not), it’ll be interesting to see how both candidates handle it. Trump will probably attack Biden for cracking down on the fossil fuel industry. And while oil and gas production is soaring under Biden, he may not want to draw attention to that particular accolade as he vies for young progressive voters and touts his green agenda. “The dynamic could force Biden, who has made fighting climate change a pillar of his second-term pitch, to walk a rhetorical tightrope,” E&E Newsnoted.

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Technology

AM Briefing: VW and Rivian Team Up

On a major EV joint venture, livestock taxes, and tipping points

Why VW and Rivian are Teaming Up
<p>Heatmap Illustration/Getty Images</p>

Current conditions: Puerto Rico issued a heat advisory for the entire island for the first time ever • Flooding and landslides in Ivory Coast left at least 24 people dead • A fast-growing wildfire in central Oregon prompted evacuations.

THE TOP FIVE

1. Volkswagen and Rivian team up in $5 billion joint venture

Volkswagen announced it will invest $5 billion ($1 billion now, another $4 billion over a few years) in EV pickup company Rivian as part of a joint venture “to create next generation software-defined vehicle (SDV) platforms to be used in both companies’ future electric vehicles.” The move will give VW access to Rivian’s technology, and Rivian a much-needed financial lifeline as it tries to launch its new R2 vehicles while cutting production costs. Rivian CEO RJ Scaringe said the money will allow Rivian to move ahead with plans to build a new manufacturing plant in Georgia. The news sent Rivian’s stock soaring, and Scaringe said the cash will help the company reach profitability. The company reported a $5.4 billion net loss last year.

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