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Sheep on a road in view of mobile offshore drilling units in the Port of Cromarty Firth in Cromarty, U.K., on Tuesday, June 23, 2020.
Jason Alden | Bloomberg | Getty Images

LONDON — Costa Rica and Demark are spearheading efforts to build the world’s first diplomatic alliance to manage the decline of oil and gas production.

The co-leaders of the initiative, known as the “Beyond Oil and Gas Alliance,” are seeking to establish a deadline for the end of oil and gas production that would get countries aligned with the 2015 Paris Agreement. This legally binding treaty aims to limit global heating to below 2 degrees Celsius above pre-industrial levels — and preferably to 1.5 degrees Celsius. Meeting the conditions of the agreement is widely recognized as critically important to avoid an irreversible climate crisis.

The Beyond Oil and Gas Alliance is expected to formally launch at U.N.-brokered climate talks in early November, a summit known as COP26.

Until then, Costa Rica and Demark are seeking to persuade as many countries and jurisdictions as possible to join them in bringing an end to oil and gas production.

It comes at a time when policymakers are under intense pressure to meet the demands of the climate emergency. Burning fossil fuels, such as oil and gas, is the chief driver of the climate crisis, and yet the world’s fossil fuel dependency is expected to get even worse in the coming decades.

Speaking on Thursday during an online webinar hosted by the International Renewable Energy Agency, Dan Jorgensen, minister for climate, energy and utilities for Denmark, said: “The science is clear. We cannot negotiate with nature.”

“There is no scenario in which we burn all the oil and gas that we can find and in which we stay below 2 degrees — and definitely not 1.5. It is just not possible, so we need to stop.”

They are simply inferior technologies by now. They weren’t inferior last century but, in this century, given the rise of all the other alternatives that we have, they have become inferior technologies.
Christiana Figueres
Former U.N. climate chief

Denmark pledged in December last year to end all future licensing rounds on oil and gas exploration in the North Sea and put a stop date of 2050 on oil and gas production. At that time, the relatively small European country was the largest oil producer in the European Union.

“On one hand, if you look at it, it is a huge thing to ask a country,” Jorgensen said, acknowledging the challenge of trying to persuade others to sign up to the alliance.

“What you are saying, like one of my political opponents did when I proposed this in Denmark, is: ‘So, basically you want us to say no to free money? You want us to stop pumping money out of the ground so that others can do it instead of us?'”

“And I had to say: Well, yes,” Jorgensen continued. “But it is for a good reason.”

Climate hypocrisy

Andrea Meza, environment and energy minister for Costa Rica, said on Thursday that some opposition political parties were pushing the country’s government to consider using oil and gas revenues to pay for their energy transition. “We are very clear that this is not the right pathway.”

Costa Rica, a Central American country of around 5 million people, has never extracted oil. What’s more, it is currently considering a bill to permanently ban fossil fuel exploration to ensure that no future government does so.

When asked during the same webinar why other countries would consider joining their initiative, Meza said that platforms such as the Beyond Oil and Gas Alliance need to exist to show others that it is possible.

“It is just one planet,” Meza said. “This is not about doing things in the right way in the internal part of our countries and selling … all of the old technologies outside of our borders. This is not fair.”

U.S. Secretary of State Antony Blinken (C), Costa Rica’s First Lady Claudia Dobles (L) and Costa Rican Minister of Environment and Energy Andrea Meza (R) are seen during the launch of the National Land Use, Land Cover, and Ecosystems Monitoring System (SIMOCUTE) in San Jose, on June 2, 2021.
EZEQUIEL BECERRA | AFP | Getty Images

Research published in the scientific journal Nature on Sept. 9 found that the vast majority of the world’s known fossil fuel reserves must be kept in the ground to have some hope of preventing the worst effects of climate change.

Separately, analysis published by Carbon Action Tracker on Wednesday, showed that none of the world’s major economies are currently on track to contain global heating to the Paris Agreement target of 1.5 degrees Celsius.

It follows a bombshell report from the influential, yet typically conservative, International Energy Agency earlier this year. The IEA concluded that there could be no new oil, gas or coal development if the world was to reach net zero fossil fuel emissions by 2050.

Environmental activists and Native Americans march to the construction site for the Line 3 oil pipeline near Palisade, Minnesota on January 9, 2021. Line 3 is an oil sands pipeline which runs from Hardisty, Alberta, Canada to Superior, Wisconsin in the United States.
KEREM YUCEL | AFP | Getty Images

Denmark’s Jorgensen said it would be “impolite” to name specific countries, but described it as a “paradox” that many governments were touting their commitment to net zero by 2050 while also quietly planning to extract oil and gas to sell to others. These countries include the U.S., Canada, Norway and the U.K., among others.

“You are not going to burn it yourself and you think others shouldn’t either, but you will make money selling oil to other countries? It doesn’t make sense,” he added.

Jorgensen said he did not want to dismiss the fact that signing up to the yet-to-be-revealed pledges of the Beyond Oil and Gas Alliance would come with difficult economic choices, particularly those heavily reliant on oil and gas. “But, it is the tough questions that we need to ask ourselves.”

“Can we live with a future where we don’t do this? I don’t think that we can.”

‘Inferior technologies’

Speaking alongside Denmark’s Jorgensen and Costa Rica’s Meza on Thursday, former U.N. climate chief Christiana Figueres addressed the urgent need for governments to dramatically scale down fossil fuel use. She cited air pollution, caused mostly by the burning of fossil fuels, which kills an estimated 7 million people worldwide every year.

Figueres also stressed that the economic imperatives for moving beyond oil and gas were compelling. “They are simply inferior technologies by now. They weren’t inferior last century but, in this century, given the rise of all the other alternatives that we have, they have become inferior technologies.”

Pipes for the Baltic Pipe gas pipeline are stacked at Houstrup Strand, near Noerre Nebel, Jutland, Denmark, on February 23, 2021. The Baltic Pipe gas pipeline, which is to come ashore at Esbjerg, on the west coast of the Jutland peninsula, will transport ten billion cubic meters of gas every year from the Norwegian gas fields in the North Sea through Denmark and to Poland.
JOHN RANDERIS HANSEN | AFP | Getty Images

An increasing number of cities banning the use of fossil fuel burning vehicles was likely to usher in “the demise of oil,” Figueres said. The end of gas production may take longer given that it is recognized as a transition fuel, she said, but still not more than 20 to 30 years as there are alternative fuels coming on the market, such as hydrogen and ammonia, “that will be able to compete favorably.”

In summary, Figueres said the economic case, “pounding” litigation in Europe and elsewhere and a social license for these fuels that has been “completely lost,” showed that there is no more space for oil and gas production.

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PowerUp America is adding 100 new fast chargers in the Southeast

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PowerUp America is adding 100 new fast chargers in the Southeast

Tennessee EV charging infrastructure developer PowerUp America just ordered a minimum of 100 new DC fast chargers in Q3 from Kempower, the Finnish company with a manufacturing hub in North Carolina.

PowerUp America, a relatively new player in the DC fast-charging station scene, is preparing to launch its first-ever DC fast-charging station in Kentucky by the end of the year.

These chargers are headed to NEVI-funded sites, which means they must all comply with the Build America, Buy America rules. PowerUp America posted on X/Twitter in October that the 400 kW chargers were already rolling off Kempower’s manufacturing line.

Here’s where they’re going, in addition to the fast charging station in Manchester, Kentucky: five new stations in Tennessee and two in Virginia. That Kentucky site features amenities such as pull-through stalls for easy towing, a full turning radius, a canopy for shade and weather protection, and on-site facilities (likely including snacks and restrooms – you know the drill).

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Each charger will offer both CCS1 and NACS connectors and will support tap-to-pay or app-based payments.

Josh Turner, CEO of PowerUp America, said, “Every new site is more than just a charger; it’s an investment in local economies, workforce development, and the transportation future we’re building across the Southeast.”


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Hyundai extends ultra-low IONIQ 5 lease deal for just $189 a month

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Hyundai extends ultra-low IONIQ 5 lease deal for just 9 a month

Hyundai’s at it again. The automaker is extending its IONIQ 5 lease offer, keeping one of the most affordable EV deals in the US alive at just $189 per month.

Hyundai extends IONIQ 5 lease deal for $189 a month

The Hyundai IONIQ 5 is one of the most popular vehicles in the US, and for good reason. Hyundai updated it for the 2025 model year with more driving range (up to 318 miles), a revamped look inside and out, and a built-in NACS port for charging at Tesla Superchargers.

Hyundai was also offering IONIQ 5 leases as low as $189 per month, making it one of the most affordable options for those looking to go electric.

The offer was set to end on November 3, but Hyundai has extended it for at least another month. Through December 1, you can still lease a 2025 Hyundai IONIQ 5 SE RWD for just $189 per month for 36 months. With $3,999 due at signing, the effective cost is about $300 a month.

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Hyundai-IONIQ-5-lease-deal
2025 Hyundai IONIQ 5 Limited (Source: Hyundai)

That’s still a pretty good deal, considering the 2025 Ford Mustang Mach-E Select RWD is listed for lease at $219 a month for 24 months. With $4,499 due at signing, the effective cost is $406 a month, or over $100 more than the IONIQ 5.

Hyundai-2026-IONIQ-5-prices
2025 Hyundai IONIQ 5 Limited interior (Source: Hyundai)

Upgrading to the IONIQ 5 SEL RWD with 318 miles of range costs just $50 more per month. The offer is listed at $239 for 36 months with $3,999 due at signing, or an effective rate of $350.

Hyundai reduced prices on the 2026 model year by nearly $10,000 on some trims after the federal tax credit expired at the end of September.

Hyundai IONIQ 5 Trim Driving Range (miles) 2025 Starting Price 2026 Starting Price* Price Reduction
IONIQ 5 SE RWD Standard Range 245 $42,600 $35,000 ($7,600)
IONIQ 5 SE RWD 318 $46,650 $37,500 ($9,150)
IONIQ 5 SEL RWD 318 $49,600 $39,800 ($9,800)
IONIQ 5 Limited RWD 318 $54,300 $45,075 ($9,225)
IONIQ 5 SE Dual Motor AWD 290 $50,150 $41,000 ($9,150)
IONIQ 5 SEL Dual Motor AWD 290 $53,100 $43,300 ($9,800)
IONIQ 5 XRT Dual Motor AWD 259 $55,500 $46,275 ($9,225)
IONIQ 5 Limited Dual Motor AWD 269 $58,200 $48,975 ($9,225)
2025 vs 2026 Hyundai IONIQ 5 prices and range by trim

The 2026 Hyundai IONIQ 5 was listed for lease starting at $289 per month, but that offer also ended on November 3. Hyundai has yet to update lease offers for the new model. We’ll keep you updated as soon as it’s posted.

Hyundai’s electric SUV remains one of the most affordable EVs in the US, alongside the Chevy Equinox EV and new Nissan LEAF.

For those looking for a spacious, efficient, reasonably priced SUV, the Hyundai IONIQ 5 is still worth checking out.

Interested in taking one for a spin? We’ve got you covered. You can use our link to find available Hyundai IONIQ 5 models near you.

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Polestar 4 is the first EV to get Google Maps’ new live lane guidance

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Polestar 4 is the first EV to get Google Maps’ new live lane guidance

Polestar is about to make staying on course and finding your exit on the highway a lot less stressful. The EV maker is rolling out Google Maps’ new live lane guidance feature right onto the 10.2-inch driver display in the Polestar 4 – and it’s the first car brand to do so.

If you’ve ever missed an exit because you couldn’t get over in time, this one’s for you. Google Maps’ feature uses in-car AI to determine exactly which lane you’re in by analyzing road elements like road signs and lane markings from one of the Polestar 4’s forward-facing cameras. Then, it gives you visual and audio reminders to change lanes in time. No more guesswork, no more “oh no, that was my exit” moments.

You’ll see every possible lane highlighted for your route, along with a clear indication of which one you’re in. It’s designed to calm the chaos of multi-lane driving, especially in rush-hour traffic or sprawling interchanges.

Sid Odedra, Polestar’s head of UI/UX, says of the company’s latest collaboration with Google: “Live lane guidance continues the path of Polestar’s driver-centric UX strategy, reducing driver stress and improving safety by making missed exits and last-minute lane changes much less of a worry.”

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The feature is coming first to Polestar 4 drivers in the US and Sweden “in the coming months,” via an over-the-air update. It’ll hit more markets and road types after that.

Google Maps’ Andrew Foster says this is just the next chapter in a partnership that began with the Polestar 2 in 2020, when it became the first car to ship with Google-built-in software. “Now, Polestar 4 will be the first to integrate our groundbreaking live lane guidance, which will help people drive with even more confidence.”


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Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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