Climate scientists described the shocking images of gas spewing to the surface of the Baltic Sea as a “reckless release” of greenhouse gas emissions that, if deliberate, “amounts to an environmental crime.”
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Two subsea pipelines connecting Russia to Germany are at the center of international intrigue after a series of blasts caused what might be the single largest release of methane in history — and many suspect it was the result of an attack.
An initial crime scene investigation last week into what caused the gas leaks on the Nord Stream 1 and 2 pipelines reinforced suspicions of “gross sabotage.”
As investigations continue, many in Europe suspect the incident was the result of an attack, particularly as it occurred during a bitter energy standoff between the European Union and Russia.
The White House has denied any involvement in the suspected attack.
What happened?
On Sept. 26, a flurry of detonations on two underwater pipelines connecting Russia to Germany sent gas spewing to the surface of the Baltic Sea. The explosions triggered four gas leaks at four locations — two in Denmark’s exclusive economic zone and two in Sweden’s exclusive economic zone.
The magnitude of those explosions was measured at 2.3 and 2.1 on the Richter scale, respectively, Swedish and Danish authorities said, and likely corresponded to an explosive load of “several hundred kilos.”
Neither of the Nord Stream pipelines was transporting gas at the time of the blasts, although they both contained pressurized methane — a potent greenhouse gas.
Remarkably, the signature of the gas bubbling at the surface of the Baltic Sea could be seen from space.
A satellite image of the Nord Stream leak in the Baltic Sea, captured on Sept. 26, 2022.
Planet
Climate scientists described the shocking images of the methane erupting from the burst as a “reckless release” of greenhouse gas emissions that, if deliberate, “amounts to an environmental crime.”
At the time, Denmark’s armed forces said video footage showed the largest gas leak created a surface disturbance of roughly 1 kilometer (0.62 miles) in diameter, while the smallest leak caused a circle of approximately 200 meters.
The Nord Stream gas pipelines have become a focal point of tensions between Russia and Europe in recent months, with Moscow accused of weaponizing gas supplies in a bid to gain sanctions relief amid its onslaught in Ukraine.
Who’s to blame?
Sweden’s national security service said Thursday that detonations caused “extensive damage” to the pipelines and “strengthened suspicions of gross sabotage.”
Sweden’s Security Service said certain seizures had been made, without offering further details, and that these would now be reviewed and analyzed.
“The continued preliminary investigation must show whether someone can be served with suspicion and later prosecuted,” Sweden’s Security Service said.
Sweden’s prosecutor’s office said in a separate statement that the area was no longer cordoned off.
The European Union has warned that any deliberate attack on European energy infrastructure would be met with the “strongest possible response,” calling what it suspects is an intentional attack “utterly unacceptable.”
U.S. President Joe Biden described the blasts on the Nord Stream pipelines as a “deliberate act of sabotage” late last month, saying Washington was working with its allies to work out exactly what happened.
Fatih Birol, the executive director of the International Energy Agency, said at a conference in Paris last month that it was “very obvious” who was responsible for the gas leaks, Reuters reported. He did not say who that was, however.
Russia has denied it was responsible for the gas leaks. Russian Foreign Ministry spokesperson Maria Zakharova said at a briefing on Thursday that such claims were “absurd,” according to Tass news agency.
Zakharova emphasized the “enormous investment” that the Kremlin took in the infrastructure project and lashed out at the West for blocking Moscow from taking part in the investigations.
Environmental impact
The unexplained Nord Stream gas leaks pose serious questions about the incident’s environmental impact.
Climate scientists acknowledged in the aftermath of the event that it was hard to accurately quantify the exact size of the emissions and said the leaks are a “wee bubble in the ocean” compared with the massive amounts of methane emitted around the world every day.
“It was a deliberate act and in my opinion it can very likely be linked to the push for constant provocation by the Kremlin,” Spanish Energy Minister Teresa Ribera told reporters last month, according to Reuters.
Europa Press News | Europa Press | Getty Images
The two Nord Stream pipelines were estimated to have contained enough gas to release 300,000 tons of methane — more than twice the amount released by the 2015 Aliso Canyon leak in California, the largest known release of methane in U.S. history.
While that means it could be one of the largest single releases of methane, the incident pales in comparison with the roughly 70 million tons of methane emitted by the oil and gas industry each year.
The European Space Agency estimated that the emissions leak from the Nord Stream gas pipelines was roughly equivalent to one and a half days of global methane emissions.
Nonetheless, environmental campaigners argued the incident serves as yet another reminder of the risks associated with fossil fuel infrastructure.
— CNBC’s Emma Newburger contributed to this report.
Hyundai’s first three-row electric SUV is finally here, and it’s even better than we expected. The IONIQ 9 arrives with “class-leading” interior space, up to 335 miles of range, and much more. Hyundai is showing off just how spacious the IONIQ 9 really is.
Hyundai highlights how spacious the 3-row IONIQ 9 is
It’s been less than two months since the first IONIQ 9 models rolled off the assembly line at Hyundai’s massive new manufacturing plant in Georgia.
With its first three-row electric SUV about to reach dealerships any day, Hyundai wants you to know that the IONIQ 9 is spacious enough for just about anyone.
“The IONIQ 9 is more than just a vehicle; it’s a space where life happens,” Hyundai Motor America’s marketing chief, Sean Gilpin, explained.
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Hyundai launched a new ad campaign on Friday, ” Space to Connect, ” to highlight the SUV’s class-leading interior space.
With the second and third-row seats folded, the IONIQ 9 boasts up to 2,462 liters (87 cubic feet) of interior cargo space. That’s even more than the 2025 Ford Explorer with up to 2,429 liters (85.8 cubic feet). With all seats upright, the IONIQ 9 still has 620 liters of cargo capacity.
It’s not only spacious, but the IONIQ 9’s interior is packed with Hyundai’s most advanced software and connectivity tech.
As part of a curved panoramic display, the infotainment system includes dual 12″ driver display and infotainment screens.
Earlier this month, Hyundai announced that the 2026 IONIQ 9 will start at $58,995. With a $1,600 destination fee, the base RWD S model, which has a range of up to 335 miles, also starts at $60,555.
For $64,365 (including destination), you can upgrade to the AWD SE model with 303 horsepower and 320 miles range. Meanwhile, the range-topping IONIQ 9 AWD Performance Calligraphy Design trim, which gets added Matte paint, 21″ wheels, and 311 miles driving range, starts at $78,090.
2026 Hyundai IONIQ 9 Model
EV Powertrain
Drivetrain
Driving Range (miles)
Starting Price (including destination fee)
IONIQ 9 RWD S
160-kW (215-HP) Electric Motor
Rear- Wheel Drive
335
$60,555
IONIQ 9 AWD SE
226.1 kW (303-HP) Dual Electric Motors
All-Wheel Drive
320
$64,365
IONIQ 9 AWD SEL
226.1-kW (303-HP) Dual Electric Motors
All-Wheel Drive
320
$67,920
IONIQ 9 AWD PERFORMANCE LIMITED
314.6-kW (422-HP) Dual Electric Motors
All-Wheel Drive
311
$72,850
IONIQ 9 AWD PERFORMANCE CALLIGRAPHY
314.6-kW (422-HP) Dual Electric Motors
All-Wheel Drive
311
$76,590
IONIQ 9 AWD PERFORMANCE CALLIGRAPHY DESIGN
314.6-kW (422-HP) Dual Electric Motors
All-Wheel Drive
311
$78,090
2026 Hyundai IONIQ 9 prices and driving range by trim (*including a $1,600 destination fee)
The IONIQ 9 has a native NACS port to access Tesla Superchargers. Using a 350 kW DC fast charger, it can charge from 10% to 80% in as little as 24 minutes.
While you wait for the three-row IONIQ 9, Hyundai’s smaller IONIQ 5 is currently on sale. With leases starting at just $209 per month, the IONIQ 5 is hard to pass up right now. You can use our link to find Hyundai IONIQ 5 models at a dealer near you today.
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Federal tax credits are starting to waver under the current administration, but as of May 2025, you can still take advantage of up to $4,000 off the purchase of a used EV. If you’d rather not listed to me talk, you can skip right to all the BEVs and PHEVs that currently qualify by clicking here.
How the current tax credit works for used EVs
As part of revised terms in the Inflation Reduction Act signed by President Biden, federal tax credits have been extended (for now) and include revamped benefits for used EV purchases. That said, your used EV purchase must fit certain criteria to qualify for a credit up to $4,000. Per the IRS:
Beginning January 1, 2023, if you buy a qualified previously owned electric vehicle (EV) or fuel cell vehicle (FCV) from a licensed dealer for $25,000 or less, you may be eligible for a previously owned clean vehicle tax credit under Internal Revenue Code Section 25E.
Used EVs face terms that offer a credit equal to 30% of the sale price (up to $4,000). That should help consumers like yourselves get some change back in their pockets at the end of the fiscal year, as long as you stick to these terms as outlined by the IRS.
To qualify as a customer, you must:
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Be an individual who bought the vehicle for use and not for resale
Must be an individual (no businesses)
Not be the original owner
Not be claimed as a dependent on another person’s tax return
Not have claimed another used clean vehicle credit in the 3 years before the EV purchase date
Modified adjusted gross income must not exceed $75k for individuals, $112,500 for heads of households, and $150k for joint returns
Additionally, in order for used EV to qualify for federal tax credits, it must:
Have a sale price of $25,000 or less
Have a model year at least 2 years earlier than the calendar year when you buy it
For example, a vehicle purchased in 2023 would need a model year of 2021 or older
Not have already been transferred after August 16, 2022, to a qualified buyer
Have a gross vehicle weight rating of less than 14,000 pounds
Be an eligible FCV or plug-in EV with a battery capacity of least 7 kilowatt hours (kWh)
Be for use primarily in the United States
Purchased from a certified dealer:
For qualified used EVs, the dealer reports required information to you at the time of sale and to the IRS
A used vehicle qualifies for tax credit only once in its lifetime
These used EVs qualify for credits as of May 2025
It’s important to note that this is not the end-all, be-all list of used EVs that qualify for tax credits in the US. As always, we recommend speaking with a tax professional and EV dealer directly to ensure what you and your new vehicle qualify for. Without further ado, here are the all-electric models that currently qualify:
Tesla (TSLA) shareholders were getting excited on social media about a “Tesla prototype” that turned out to be a competitor’s prototype vehicle.
A new electric vehicle prototype started showing up on social media, and Tesla shareholders started sharing it, assuming it was a Tesla prototype.
A Tesla shareholder part of the “Rebellionaire” group on X, a group of Tesla stock pumpers, even shared it, claiming that it is “what gets him ultra bullish” on Tesla:
The only problem is that it wasn’t even a Tesla prototype.
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Faraday Future (FF) came out and confirmed that it is a prototype mule of their new ‘Faraday X’:
That’s our testing vehicle, a Faraday X Prototype Mule.
FF is better known for its very high-end FF91, but it is currently developing less expensive next-generation vehicles under its new Faraday X brand.
Tesla shareholders got excited because some are still holding on to the idea that Tesla is going to release new cheaper electric vehicles under new models.
Tesla has confirmed all that in their most recent financial results and earnings calls, but some are still holding on to the idea that Tesla plans to release completely new models due to Musk’s comments.
Electrek’s Take
I think part of Tesla’s problems right now are due to its shareholder base not recognizing its problems and blindly believing what Elon Musk says, despite a long history of misleading and plain wrong.
This is a prime example.
Tesla has now confirmed what we have been reporting for a year: the new vehicles are just going to be stripped-down versions of Model 3 and Model Y.
No new models are coming to market other than supposedly the Cybercab, but as long as this is only planned without a steering wheel, it is useless until it can solve unsupervised self-driving, which it has yet to do.
This is a problem that shareholders are either ignoring or don’t believe.
Tesla launched a single new model in the last five years, the Cybertruck, which was a commercial flop.
At some point, shareholders must wake up and realize that Musk is destroying Tesla’s EV business and that self-driving vehicles are not coming to save the day.
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