Connect with us

Published

on

September 19, 2021: Prime Minister Boris Johnson boards RAF Voyager at Stansted Airport ahead of a visit to the United States.
Stefan Rousseau – PA Images | PA Images | Getty Images

There is a six out of 10 chance an agreement on climate finance will be reached before the forthcoming COP26 climate change summit, U.K. Prime Minister Boris Johnson has said.

In remarks made to the media during a flight to New York over the weekend, Johnson was asked about securing commitments related to climate finance and, according to the BBC, environmental targets over the next few days.

“Getting it all done this week is going to be a stretch,” he is reported to have said. “But I think getting it all done by COP, six out of 10. It’s going to be tough, but people need to understand that this is crucial for the world.”

Discussions around finance are set to play a key role at COP26, which will be hosted by the U.K. in the Scottish city of Glasgow between Oct. 31 and Nov. 12.

According to the U.N., developed nations have previously said they would “jointly mobilize $100 billion per year by 2020 in support of climate action in developing countries.”

This target is proving to be a challenge. Last week, the OECD said climate finance provided and mobilized by developed countries amounted to $79.6 billion in 2019. This represents a rise compared to the figure of $78.3 billion in 2018 but still falls short of the $100 billion.

“The limited progress in overall climate finance volumes between 2018 and 2019 is disappointing, particularly ahead of COP26,” Mathias Cormann, the OECD’s secretary-general, said in a statement reacting to the numbers.

“While appropriately verified data for 2020 will not be available until early next year it is clear that climate finance will remain well short of its target,” Cormann said. “More needs to be done.”

Johnson’s remarks were published by a number of outlets and on Monday morning the BBC broadcast an excerpt of the discussion. Johnson said while the U.K. had made a “big, big pledge” and “greatly reduced our CO2,” it needed other countries to step up to the plate.

“We’ve been emitting for centuries and these newly industrialized countries say ‘well, why should we pay such a big price?’ So the $100 billion a year that we need to raise is to support those countries [to] make the transition.”

The U.K.’s official website for COP26 states it will “bring parties together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change.”

Described by the United Nations as a legally-binding international treaty on climate change, the Paris Agreement aims to “limit global warming to well below 2, preferably to 1.5 degrees Celsius, compared to pre-industrial levels.”

Monday will see Johnson and U.N. Secretary-General António Guterres hold what’s being described as an “informal leaders roundtable on climate action.”

Continue Reading

Environment

First Solar opens a Louisiana factory that’s 11 Superdomes big

Published

on

By

First Solar opens a Louisiana factory that’s 11 Superdomes big

First Solar just cut the ribbon on a huge new factory in Iberia Parish, Louisiana, and it dwarfs the New Orleans Superdome. The company’s $1.1 billion, fully vertically integrated facility spans 2.4 million square feet, or about 11 times the size of the stadium’s main arena.

The factory began production quietly in July, a few months ahead of schedule, and employs more than 700 people. First Solar expects that number to hit 826 by the end of the year. Once it’s fully online, the site will add 3.5 GW of annual manufacturing capacity. That brings the company’s total US footprint to 14 GW in 2026 and 17.7 GW in 2027, when its newly announced South Carolina plant is anticipated to come online.

The Louisiana plant produces First Solar’s Series 7 modules using US-made materials — glass from Illinois and Ohio, and steel from Mississippi, which is fabricated into backrails in Louisiana.

The new factory leans heavily on AI, from computer vision that spots defects on the line to deep learning tools that help technicians make real‑time adjustments.

Advertisement – scroll for more content

Louisiana Governor Jeff Landry says the investment is already a win for the region, bringing in “hundreds of good-paying jobs and new opportunities for Louisiana workers and businesses.” A new economic impact analysis from the University of Louisiana at Lafayette projects that the factory will boost Iberia Parish’s GDP by 4.4% in its first full year at capacity. The average manufacturing compensation package comes in at around $90,000, more than triple the parish’s per capita income.

First Solar CEO Mark Widmar framed the new facility as a major step for US clean energy manufacturing: “By competitively producing energy technology in America with American materials, while creating American jobs, we’re demonstrating that US reindustrialization isn’t just a thesis, it’s an operating reality.”

This site joins what’s already the largest solar manufacturing and R&D footprint in the Western Hemisphere: three factories in Ohio, one in Alabama, and R&D centers in Ohio and California. Just last week, First Solar announced a new production line in Gaffney, South Carolina, to onshore more Series 6 module work. By the end of 2026, the company expects to directly employ more than 5,500 people across the US.

Read more: First Solar pours $330M into a new South Carolina solar factory


If you’re looking to replace your old HVAC equipment, it’s always a good idea to get quotes from a few installers. To make sure you’re finding a trusted, reliable HVAC installer near you that offers competitive pricing on heat pumps, check out EnergySage. EnergySage is a free service that makes it easy for you to get a heat pump. They have pre-vetted heat pump installers competing for your business, ensuring you get high quality solutions. Plus, it’s free to use!

Your personalized heat pump 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. – *ad

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Chevy previews a sporty new EV, but will it actually come to life?

Published

on

By

Chevy previews a sporty new EV, but will it actually come to life?

No, it’s not the new Bolt. GM’s design team previewed a new high-riding “sporty Chevrolet EV” that should be brought to life.

Is Chevy launching a new sporty EV?

This is the all-electric vehicle Chevy should sell in the US. General Motors’ design team released a series of sketches previewing a sporty new Chevy EV.

Although it kinda looks like the new 2027 Chevy Bolt EV as a higher-sitting compact crossover SUV, the design offers a fresh take on what it should have looked like.

The new Bolt is essentially a modernized version of the outgoing EUV model with a similar compact crossover silhouette. Nissan adopted a similar style with the new 2026 LEAF as buyers continue shifting from smaller sedans and hatchbacks to crossovers and SUVs.

Advertisement – scroll for more content

Will we see the sporty Chevy EV in real life? It’s not likely. For one, the “exploration sketch” is by GM China Advanced designer Charles Huang.

GM Design posted the sketches on its global social media page, but the caption read “Sporty Chevrolet EV for the China Market.”

It’s too bad. The Bolt could use a sporty sibling like an SS variant. Chevy introduced the Blazer EV SS (check out our review) for the 2026 model year, its fastest “SS” model yet. Packing up to 615 horsepower and 650 lb-ft of torque, the Chevy Blazer SS can race from 0 to 60 mph in 3.4 seconds when using Wide Open Watts (WOW) mode.

Will the Bolt be next? I wouldn’t get my hopes up. And if GM does bring the sporty Chevy EV to life, it will likely only be sold in China. Like all the fun cars these days.

Chevy-sporty-new-EV
The 2027 Chevy Bolt EV RS (Source: Chevrolet)

What do you think of the design? Would you buy one of these in the US? Let us know your thoughts in the comments.

While deliveries of the 2027 Bolt are set to begin in early 2026, Chevy is offering some sweet deals on its current EV lineup, including up to $4,000 off in Customer Cash and 0% APR financing for 60 months.

Ready to test drive one? You can use our links below to find Chevy Equinox, Blazer, and Silverado EVs at a dealership near you.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Podcast: Electricity is the base currency, Tesla Robotaxi crashes, new Porsche Cayenne EV, and more

Published

on

By

Podcast: Electricity is the base currency, Tesla Robotaxi crashes, new Porsche Cayenne EV, and more

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss electricity becoming the base currency, Tesla Robotaxi crashes, the new Porsche Cayenne EV, and more.

The show is live every Friday at 4 p.m. ET on Electrek’s YouTube channel.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:

Advertisement – scroll for more content

We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the podcast:

Here’s the live stream for today’s episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET:

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending