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Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Exxon and Chevron posted record high earnings during the second quarter of 2022 as energy stocks have faltered in recent months.

Brandon Bell | Getty Images

A pair of Democratic lawmakers on Friday accused the largest oil companies in the United States of “greenwashing” their public image and not doing enough to decarbonize fast enough to meet climate change targets.

Carolyn B. Maloney, chair of the U.S. House of Representatives’ main investigative committee, the Committee on Oversight and Reform, and Ro Khanna, a member of the same committee and the chair of the Oversight Environmental Subcommittee, sent a 31-page letter on Friday to the rest of the members of the committee with the latest findings from their ongoing investigation into the fossil fuel industry.

Burning fossil fuels releases carbon dioxide into the atmosphere and causes global warming. The Oversight Committee began its investigation into what it calls a “climate disinformation” campaign in Sept. 2021 and held a hearing with top executives from oil and gas giants on Oct. 28 of that year.

The letter is the latest installment in the committee’s bid to demonstrate that oil companies are not trying to reduce their CO2 emissions quickly enough, while obscuring their lack of participation.

“These documents demonstrate how the fossil fuel industry ‘greenwashed’ its public image with promises and actions that oil and gas executives knew would not meaningfully reduce emissions, even as the industry moved aggressively to lock in continued fossil fuel production for decades to come — actions that could doom global efforts to prevent catastrophic climate change,” the letter reads.

These efforts are particularly offensive, Maloney and Khanna said, because of the amount of money the biggest oil companies are making right now.

“The fossil fuel industry’s failure to make meaningful investments in a long-term transition to cleaner energy is particularly outrageous in light of the enormous profits these companies are raking in at the expense of consumers — including nearly $100 billion in combined profits for Exxon, Chevron, Shell, and BP in just the last two quarters,” the letter reads.

The letter also details ways in which the oil companies have made insufficient efforts to decarbonize their businesses, and points to internal documents that show how the companies are continuing to invest in fossil fuel production and increase output.

“Each of the companies has publicly pledged to reach ‘net zero’ greenhouse gas emissions by 2050,” the letter reads. “However, experts have found that not one of the net zero pledges from BP, Shell, Exxon, or Chevron are aligned with the pace and scope of cuts necessary to meet the goals of the Paris Agreement and avert catastrophic climate change.”

The letter also points to documents that show how the industry is pushing natural gas as a long-term climate solution.

“In 2021, natural gas contributed to 34% of U.S. energy-related emissions and 22% of emissions globally,” the letter reads. “Documents obtained by the Committee show fossil fuel companies and lobbying groups seek to publicly position natural gas as a clean source of energy and part of the transition to renewables, even as the industry is privately planning for expanded natural gas production over the long term.” 

Burning natural gas results in fewer greenhouse gas emissions than burning coal or other kinds of fossil fuels for the same amount of energy, according to the U.S. Energy Information Administration, but it still releases greenhouse gas emissions. Burning natural gas produces about 117 pounds of carbon dioxide per million British thermal units (a measure of heat). That’s compared with 200 pounds for coal and 160 pounds for fuel oil.

Equally critically, the production of natural gas results in leaks of methane all throughout the production process and methane is a greenhouse gas, too. It’s a different greenhouse gas than carbon dioxide, but still contributes to global warming.

Oil companies stand firm and deny allegations

The oil companies targeted in this investigation categorically deny the allegations made by the House Committee.

“The Committee’s fourteen month investigation, which included several hours of executive testimony and nearly a half-million pages of documents, failed on all fronts to uncover evidence of a climate disinformation campaign,” Curtis Smith, the media lead for Shell North America, told CNBC. “In fact, the handful of subpoenaed documents the Committee chose to highlight from Shell are evidence of the company’s extensive efforts to set aggressive targets, transform its portfolio and meaningfully participate in the ongoing energy transition.”

Exxon claims the House Committee lawmakers have been disingenuous in their representation of the oil company’s engagement.

“Our CEO has testified under oath on this subject during two all-day Congressional hearings before two separate committees, we’ve been in regular communication with the committee for over a year, and have provided staff with more than one million pages of documents, including board materials and internal communications,” Todd Spitler, corporate media relations senior advisor for Exxon, told CNBC.

“The House Oversight Committee report has sought to misrepresent ExxonMobil’s position on climate science, and its support for effective policy solutions, by recasting well intended, internal policy debates as an attempted company disinformation campaign. If specific members of the committee are so certain they’re right, why did they have to take so many things out of context to prove their point?”

The industry trade group, the American Petroleum Institute, says it is focused on both providing secure sources of energy and addressing climate change at the same time.

“Our industry is focused on continuing to produce affordable, reliable energy while tackling the climate challenge, and any allegations to the contrary are false.  The U.S. natural gas and oil industry has contributed to the significant progress the U.S. has made in reducing America’s CO2 emissions to near generational lows with the increased use of natural gas,” Megan Bloomgren, senior vice president of the American Petroleum Institute, told CNBC.

The API also pointed to the industry’s focus on developing carbon capture, utilization and storage (CCUS) and hydrogen technologies.

“We are poised to be a leader in the next generation of low carbon technologies, including CCUS and Hydrogen — technologies widely recognized to be critical to meet the world’s emissions reduction targets.  API will continue to work with policymakers on both sides of the aisle for policies that support industry innovation and further the progress we’ve made on emissions reductions,” Bloomgren said.

Chevron declined to comment. In June, Chevron CEO Mike Wirth wrote an open letter to President Joe Biden saying that the oil company had produced the highest volume of oil and gas in its 143-year history in 2021. And Wirth pointed out that carbon emissions associated with segments of its oil and gas production was lower than global averages.

“At roughly 15 kg of CO2-equivalent per barrel, Chevron’s Permian Basin carbon intensity is some two-thirds lower than the global industry average. U.S. Gulf of Mexico production has carbon intensity just a fraction of the global industry average,” Wirth wrote. In the letter Wirth also said the oil company was investing $10 billion to reduce greenhouse gas emissions, scale carbon capture and hydrogen technologies, and grow its renewable liquid fuels production. 

BP did not immediately respond to an email seeking comment.

How Exxon Mobil plans to meet the energy transition: Extended Interview with CEO Darren Woods

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E-quipment highlight: Liebherr R 920 G8-E electric crawler excavator

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E-quipment highlight: Liebherr R 920 G8-E electric crawler excavator

Global mining and construction equipment giant Liebherr recently rolled out its first-ever battery electric crawler excavator, setting a new standard in heavy earth-moving equipment capabilities with low noise levels and zero local emissions.

Liebherr has made headlines in the sustainability space with its massive electric haul trucks and stupefyingly quick 6MW cryo-cooled DC fast chargers, but its conventional mid-sized equipment lines haven’t electrified as quickly, leaning instead on hydrogen combustion and fuel cell efforts. That seems to be changing, however, with the launch of the 20-ton R 920 G8-E – the brand’s first-ever factory fresh HDEV.

The company’s official copy is characteristically low-key, with an emphasis on the facts and features instead of hype:

The new model completes the product range of Liebherr crawler excavators produced in Colmar (France). It is particularly quiet and emission-free. It generates the same output as a diesel machine in the same category and is particularly suitable for building sites that require low noise levels and avoiding exhaust gas emissions, such as in cities or underground operating locations.

LIEBHERR

Despite the lack of excitement in the release copy, there is a lot of excitement about the R 920 G8-E’s innovative new control cab philosophy.

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Liebherr INTUSI controls


Dubbed INTUSI (for INTuitive USer Interface), the system integrates intelligent control logic with advanced machine learning capabilities to give operators a highly customizable interface that can follow them from asset to asset, from wheel loader to excavator to haul truck, dramatically flattening the learning curve for operators on a given job site.

Liebherr says INTUSI improves both operational efficiency and user comfort on Liebherr job sites through the integration of a number of new features. From the press release:

  • Haptic feedback – vibrations alert the operator to critical conditions—such as reaching dynamic device limits—enhancing situational awareness and speeding up reaction times.
  • Optical feedback – integrated RGB LEDs on the joystick provide real-time visual cues about device status and servo control, ensuring clear communication without distraction.
  • Functional safety – control elements with status LEDs allow safe operation of critical functions—without requiring two-handed input—streamlining workflow while maintaining safety standards.
  • Hand detection – capacitive proximity sensor detects the operator’s hand automatically, enabling seamless activation of controls only when needed.
  • Display navigation – a mini-joystick embedded in the handle allows for quick and efficient navigation of the display interface, reducing the need to reach for external controls.
  • Ergonomics – multi-stage handle height adjustment ensures optimal comfort and usability, adapting to different operator preferences and working conditions

In addition to the INTUSI-powered custom cockpit, the new Liebherr R 920 G8-E electric excavator ships with your choice of either a 188 or 282 kWh high capacity li-ion battery, which is capable of 150 kW DC fast charging. Fast enough, in other words, to power up the machine during shift changes, if needed.

Electrek’s Take


R 920 G8-E electric crawler excavator; via Liebherr.

If the notion of a battery electric Liebherr excavator seems familiar, that’s because it should – the company first converted one of its ultramassive R9400 mining excavators last year, as a proof of concept co-developed with global mining giants Fortescue as they invest in new technology to decarbonize their mines.

Since then, Fortescue has used the machine to move millions of tons of dirt, and has ordered several more. And, because everything from excavators to loaders to heavy trucks are built to be powertrain agnostic, and manufacturers will often offer the same basic vehicle with Cummins, Detroit Diesel, or Volvo power, so there’s a degree of openness baked into those systems already. Liebherr is just taking that to the next level by installing an electric drive motor in place of an internal combustion engine, and I expect this excavator will be the first of many such machines from the brand.

SOURCE | IMAGES: Liebherr.


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Looks like Rivian is working on a steer-by-wire system

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Looks like Rivian is working on a steer-by-wire system

Rivian has posted a job listing for a steering engineer, specifically mentioning work on a future steer-by-wire system for the company.

Steer-by-wire is an automotive concept that has been around for a long time, but hasn’t yet reached mass adoption. The idea is to replace (or supplement) mechanical linkages between the steering wheel and the wheels with electronic actuators instead.

There are a number of potential benefits to this, like allowing more customizability or adaptability to a steering system, reducing mechanical complexity, or adding speed-sensitive variable steering ratios.

Although there are also disadvantages, like a reduction in steering feel (although, since most cars are moving to electronic power steering, that was already gone anyway).

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But few cars have implemented steer-by-wire systems, or at least not fully committed to them, given that mechanical steering racks are a relatively solved problem and the general inertia of the car industry which would rather stick with a solution they know than switch to something better (haven’t we here, at this EV publication, heard *that* one before…). There’s also the matter of regulations, which have often been written to require mechanical steering systems, and may need updating to allow for steer by wire.

But, steer by wire made it into mass production with the release of the Tesla Cybertruck. This was big news when Tesla committed to this – at the time, it was the only thing on the road to exclusively use a steer by wire system, though there are other cars with partial steer by wire (for example, mechanical front wheel steering, and steer by wire rear-wheel steering).

But it seems to have opened the floodgates, as a number of other companies are working on or have since released steer by wire systems (Lexus, for example).

And now, it looks like Rivian is one of those companies – though we don’t know if it’s for the front or rear.

The company posted a job listing for “Sr. Staff Technical Program Manager, Steering Actuator System,” based at its Irvine, CA headquarters (spotted by Rivianforums). This wouldn’t be so exceptional, except that the job posting also specifically points out that “you’ll have full cradle-to-grave ownership of the SBW subsystem.”

So – we know they’re working on steer by wire, to some extent.

But a few other EVs, particularly large EVs like the Rivian R1 platform is, use steer by wire just for the rear wheels – for example the Hummer EV and Rolls-Royce Spectre. These systems are particularly helpful for giant vehicles, because it allows them to be more nimble and make turns that otherwise would require a lot more… negotiation in a giant land yacht.

So it’s possible that Rivian is only working on rear wheel steer by wire here, but we’d like to think there’s a chance it’s working on steer by wire for the full vehicle.

We also don’t know if this would show up on all of Rivian’s vehicles, or only on certain models – the R2 and R3 are in development, and the R1 just got a big refresh. But, perhaps even more interestingly (and very speculatively), VW has invested heavily in Rivian for technology help, so we wonder if we might end up seeing this in VW group vehicles, or Scout vehicles eventually…


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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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Hyundai cuts IONIQ 5 N lease prices by $150 a month

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Hyundai cuts IONIQ 5 N lease prices by 0 a month

Hyundai’s electric sports car just got a whole lot cheaper. The 2025 Hyundai IONIQ 5 N now costs $150 less per month to lease after another unexpected price cut.

How much is it to lease the 2025 Hyundai IONIQ 5 N?

The new and improved 2025 IONIQ 5 is coming off its best US sales month yet in July, but that isn’t stopping Hyundai from wanting more.

After Hyundai cut lease prices on all trims last month to as low as $179 per month, it’s now offering even more savings.

The 2025 Hyundai IONIQ 5 N is now listed for lease at just $549 per month. The offer is for 36 months, with $3,999 due at signing. At an effective monthly rate of $660, Hyundai’s EV is $150 cheaper a month than it was in July.

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Hyundai is currently offering some of the best deals on electric cars, with the 2025 IONIQ 5 SE Standard Range listed for lease at just $179 per month.

Hyundai-IONIQ-5-lease
2025 Hyundai IONIQ 5 at a Tesla Supercharger (Source: Hyundai)

The Standard Range model has a driving range of 245 miles. If you’re looking for more, the Extended
Range SE, with a range of 318 miles, is available to lease from $199 per month.

You can even lease the rugged new XRT trim right now for under $300 a month. All deals are for 24 months with $3,999 due at signing and end on September 2

2025 Hyundai IONIQ 5 Trim EV Powertrain Driving Range (miles) Starting Price*  Monthly lease price July 2025
IONIQ 5 SE RWD Standard Range 168-horsepower rear motor 245 $42,500 $179
IONIQ 5 SE RWD 225-horsepower rear motor 318 $46,550 $199
IONIQ 5 SEL RWD 225-horsepower rear motor 318 $49,500 $209
IONIQ 5 Limited RWD 225-horsepower rear motor 318 $54,200 $309
IONIQ 5 SE Dual Motor AWD 320-horsepower dual motor 290 $50,050 $249
IONIQ 5 SEL Dual Motor AWD 320-horsepower dual motor 290 $53,000 $259
IONIQ 5 XRT Dual Motor  AWD 320 horsepower dual motor 259 $55,400 $359
IONIQ 5 Limited Dual Motor AWD 320-horsepower dual motor 269 $58,100 $299
IONIQ 5 N Dual Motor AWD Up to 601-horsepower
dual motor
221 $66,200 $549
2025 Hyundai IONIQ 5 price, range, and lease price

With the $7,500 EV tax set to expire at the end of September, Hyundai is offering savings across its entire electric car lineup.

Even Hyundai’s new three-row electric SUV is surprisingly affordable. The 2026 INIQ 9 is listed with monthly lease prices as low as $419 per month.

Looking to test drive one out for yourself? We can help you get started. You can use our link to find deals on the 2025 Hyundai IONIQ 5 at a dealer near you (trusted affiliate link).

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