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Sparks

Does Climate Change Cause Earthquakes?

You can cross this one off your list of things to worry about.

A seismograph.
Heatmap Illustration/Getty Images

A 4.8 magnitude earthquake in New Jersey shook the ground and blew up my group chats this morning. It’s somewhat unusual, but not unheard of, to experience earthquakes in this part of the country, and some may be wondering, is this yet another extreme event that will become more likely under a changing climate?

The answer is maybe, but no one really knows yet.

In case you don’t remember 4th grade science, what we experience as an earthquake is typically the result of sections of the earth’s crust colliding, separating, or sliding past each other. This movement is driven by changes occurring deep underground, far from the influence of surface temperatures or CO2 concentrations.

The only potential connection between climate change and earthquakes is related to water. Changes in surface water, whether because of heavy rain, snow, or drought, could either increase or relieve stress on geologic faults, causing them to shift.

But scientists are still untangling whether there is a relationship between climate-driven changes in surface water and earthquakes. Some studies have found a correlation between shifting seasonal water loads, like from the build up of snow or a rapid melt, and micro earthquakes — quakes so small they can’t be felt by humans. Scientists have also found an uptick in glacial earthquakes — rumblings related to glacial ice lurching forward, cracking, or falling — which may be related to the warming climate.

It’s an active area of investigation, but for now, a surge in earthquakes should be the absolute least of your worries when it comes to the warming planet.

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Sparks

Why Are AI Stocks Falling Again?

Microsoft is canceling data center leases, according to a Wall Street analyst.

Microsoft headquarters.
Heatmap Illustration/Getty Images

The artificial intelligence industry is experiencing another TD Cowen shock.

The whole spectrum of companies connected to artificial intelligence — the companies that design the chips, that supply the power, that make the generation equipment — shuddered Wednesday when the brokerage released another note from analysts pointing to evidence that Microsoft was giving up on its data center leases.

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Sparks

The IRS Is Taking Mercy on Electric Car Buyers

The tax agency reopened its online portal to allow dealerships to register sales retroactively.

The IRS building.
Heatmap Illustration/Getty Images

As recently as last month, some electric vehicle buyers were running into roadblocks when they tried to claim the EV tax credit on their 2024 returns. Their claims were rejected, it turned out, because the dealership where they bought their EV never registered the sale with the Internal Revenue Service.

On Wednesday, the IRS instituted a fix: It reopened the online portal for dealerships to report these sales retroactively.

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Sparks

Rivian Is Spinning Off a New Micromobility Company

It’s called Also.

A bike rider on Rivian headlights.
Heatmap Illustration/Getty Images

The electric vehicle company Rivian is known for products that are, well, large: pickup trucks, SUVs, and delivery vans. But for the past three years, it has been stealthily designing the technology platform for a slew of much smaller, yet-to-be-revealed electric vehicles — think bikes, scooters, and golf carts. Today, Rivian officially spun off that project into its own company, called Also, while … also … announcing that the new venture had raised a $105 million Series B funding round.

The name Also, the company’s CEO Chris Yu told me, points to the idea that owning a car and owning a smaller EV are not mutually exclusive — rather, it’s about finding the right tool for the job. “If I’m taking my family to Yosemite on the weekend, I want to use my Rivian R1S, but for my daily school runs, probably not. That’s not the most efficient or enjoyable way to do it,” Yu told me. In the U.S. about 80% of all car trips are 15 miles or less, and over 50% of are less than six miles. The goal of Also, Yu said, is for smaller EV’s — or “micromobility solutions” — to replace cars for those shorter daily excursions.

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