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Climate

GM Announces the Return of the Hybrids

On an automaker rerouting, crypto carbon accounting, and more.

Briefing image.

AM Briefing: Return of the hyrids.

Heatmap Illustration/Getty Images

Current conditions: The city of Oakland, California opened two emergency shelters for unhoused residents ahead of storms that brought the threat of floods to the state • Dense fog is disrupting flights and trains in Delhi, which is experiencing its coldest January in 13 years • A heat wave in Australia, where it’s currently the summer, is breaking temperature records.

THE TOP FIVE

1. Podesta to become new climate envoy

Senior Biden advisor John Podesta will take over from former Secretary of State John Kerry as the U.S. special envoy for climate change, the White House announced. Kerry, who’s stepping down this spring, was the first person to hold the position; while his role was based at the State Department, Podesta will instead remain at the White House, reports Maxine Joselow in the Washington Post, with his title changing to “senior adviser to the president for international climate policy.”

The appointment marked an expansion of Podesta’s current role implementing Biden’s signature climate law, the Inflation Reduction Act. He’s going to continue that work — which, Joselow writes, probably means he’ll travel less often than Kerry — but will now also be tapped to help Biden manage relationships with foreign powers.

If you’d like some insight into how Podesta thinks about climate change and the IRA, our interview with him from the sidelines of COP 28 in Dubai might be a good place to start.

2. Climate laws begin at home

The IRA and the Infrastructure Investment and Jobs Act (better known as the Bipartisan Infrastructure Law, or BIL) are filled with subsidies to help with the clean energy transition. But, as I wrote on the site yesterday, a new study shows that while the share of funds for household improvements in each act is relatively small — about 12% in the IRA and 5.7% in the BIL — the impact those improvements could have on emissions is proportionally huge. Household emissions, the study authors write, could decrease by as much as 40% by 2030.

3. GM’s bringing back hybrids

In the face of dealer protests, GM CEO Marry Barra told investors this week that the automaker would bring back plug-in hybrids. That's a reversal from the company’s stance of just a few years ago, reports David Ferris at E&E News, when GM said it was “all in” on electric vehicles, and is a sign of the difficulties automakers have faced in trying to switch over to EVs.

The announcement comes the same week as new data showing EVs and hybrids made up more than 16% of total light-duty vehicle sales in the U.S. in 2023, up from 12.9% in 2022. Italian luxury automaker Lamborghini also announced that it will start producing hybrid versions of all its models.

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  • 4. Crypto mines face an energy accounting

    Next week the Department of Energy’s Energy Information Administration will start collecting data on the energy use of cryptocurrency mining, reports Justine Calma in The Verge. It’s a win for activists and lawmakers who have long warned of the climate impacts of crypto projects, which are so energy-hungry that they’ve spurred the reopening of some shuttered fossil fuel plants.

    “We intend to continue to analyze and write about the energy implications of cryptocurrency mining activities in the United States,” said EIA Administrator Joe DeCarolis in a press release. “We will specifically focus on how the energy demand for cryptocurrency mining is evolving, identify geographic areas of high growth, and quantify the sources of electricity used to meet cryptocurrency mining demand.”

    A crypto mining rig.luza studios/Getty Images

    5. Ford to give away Tesla charger adapters

    Ford will send free Tesla charging adapters to owners of its Mustang Mach-E and Ford F-150 Lightning EVs in the U.S. and Canada, announced CEO Jim Farley on X. The adapters will allow Ford owners to access one of the largest and most reliable charging networks in the country. They’re also another nail in the coffin of the Combined Charging Standard or CCS, which Ford and other automakers defaulted to before Ford — followed shortly after by practically every other automaker in the country — announced it would switch to the Tesla plug, which is now known as the North American Charging Standard.

    THE KICKER

    The Sun’s magnetic poles are due to flip starting this year, writes Brian Resnick in Vox. The flip could cause solar storms that disrupt communications satellites, but will also lead to more vivid auroras. So start planning your aurora trips now — just maybe don’t count on having GPS the whole way.

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    Energy

    Sunrun, Tesla, and Renew Home Have 16 Gigawatts Up For Grabs

    The companies just launched a major VPP play.

    Tesla, Sunrun, and Renew Home logos.
    Heatmap Illustration/Getty Images

    For all the hype surrounding virtual power plants, they’re still a niche player on the U.S. electric grid. A new partnership between three of the biggest residential energy companies in the country — Tesla, Sunrun, and Renew Home — aims to recast VPPs into a leading role.

    The companies announced on Wednesday that they have more than 16 gigawatts of dispatchable VPP capacity available today to deliver to utilities and data center developers throughout the country. That’s about the same as 16 nuclear reactors, except instead of generating power round the clock from a central plant, the companies aggregate unused electricity capacity from thousands of individual home solar and battery systems and programmable thermostats, and can make it available for several hours at a time.

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    Green
    AM Briefing

    Save Nuclear Plants. Live Better.

    On Trump’s AP1000 deal, Utah solar, Canadian cobalt

    Walmart.
    Heatmap Illustration/Getty Images

    Current conditions: The warehouse fire in Boyle Heights is raging for a third day, spewing dark smoke over the Downtown Los Angeles skyline • The death toll from Western Europe’s heatwave has reached into the dozens • An 18-wheeler carrying more than 400 beehives overturned in eastern Texas and filled a small neighborhood with more than 2 million honeybees.


    THE TOP FIVE

    1. Walmart inks a major deal for nuclear energy

    Wally World is soon to be powered by the atom. On Tuesday, Walmart announced a 15-year deal with Constellation, the nation’s largest operator of nuclear plants, for a chunk of the electricity coming from the Dresden Clean Energy Center in Illinois. The agreement included about 176 megawatts of wholesale supply from the two-reactor station southwest of Chicago, including 30 megawatts of expanded generating capacity through “uprates” — upgrades that allow operators to get more power out of an existing unit. Over the past two years, tech giants such as Google, Microsoft, and Meta, have bought shares of the power coming from nuclear power stations as the companies sought steady supplies of clean electricity for their burgeoning data centers. But the Walmart deal stands out as one of the first to involve a major brick-and-mortar retailer. “We’re constantly evaluating new capabilities and energy solutions that help ensure the electricity we rely on is dependable, responsibly produced, and built to support long-term growth,” Shayne Wahlmeier, Walmart’s senior vice president of energy, said in a statement.

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    Podcast

    How China Saved the World From Trump’s Energy Crisis

    Rob checks in with Commodity Context’s Rory Johnston as the Iran War (hopefully) draws to a close.

    Chinese oil.
    Heatmap Illustration/Getty Images

    When Iran closed the Strait of Hormuz earlier this year, experts projected oil prices would go to $200 a barrel. But then… they didn’t. In fact, while gasoline prices rose in the United States, and Europe and Asia suffered higher costs, the resulting energy crisis wasn’t even as bad as what followed Russia’s 2022 invasion of Ukraine.

    Why? China. The country seems to have absorbed the costs of Trump’s war of choice by releasing hundreds of millions of barrels from its strategic stockpile. On this episode of Shift Key, Rob is joined by Rory Johnston, an oil markets researcher and the author of the Commodity Context newsletter. They discuss China’s massive (and quiet) intervention, why it’s “the most important thing we learned” from the Iran War, and what it means for the future of energy and geopolitics. Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap News.

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