Amazon workers walked out over pay, safety concerns at major California air hub

An Amazon-branded Boeing 767 freighter, nicknamed Amazon One, flies over Lake Washington during the Seattle Seafair Air Show on Aug. 5, 2016 in Seattle. Getty Images Amazon workers at the company’s largest air hub in California walked off the job earlier this week to demand higher pay and safety improvements. The work stoppage on Monday …

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SoftBank-backed Ola Electric wants to launch a made-in-India EV in 2024

Ola CEO Bhavish Aggarwal appears on screen during a presentation in August 15, 2021. The company’s EV-arm, Ola Electric, plans to launch an electric car in 2024. Samyukta Lakshmi | Bloomberg | Getty Images The CEO of Ola Electric said Monday his firm would launch an all-electric vehicle that can go from 0 to 100 …

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Dodge will discontinue its Challenger and Charger muscle cars next year

2022 Dodge Charger SRT Hellcat (left) and 2022 Dodge Challenger SRT Super Stock Dodge DETROIT — Dodge will discontinue its gas-powered Challenger and Charger muscle cars at the end of next year, marking the end of an era for the brand as it starts to transition to electric vehicles. Since being resurrected in the mid- …

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More than 100 million Americans will experience extreme heat by 2053, mostly in the South and Midwest

A pedestrian uses an umbrella to get some relief from the sun as she walks past a sign displaying the temperature on June 20, 2017 in Phoenix, Arizona. Ralph Freso | Getty Images Heat records are falling around the world this summer, and scientists expect that climate change will make the problem worse in coming …

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The Motor City is moving south as EVs change the automotive industry

Jack Weaver, an 82-year-old retired dairy farmer whose house sits on a Civil War battlefield, lives near General Motors’ Spring Hill plant in Tennessee. Michael Wayland / CNBC SPRING HILL, Tenn. – Jack Weaver can point to a cannon on a Civil War battlefield from the comfort of a shaded bench in his backyard — …

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German energy giant RWE to burn extra coal as Russian gas supplies dwindle

An excavator photographed at a lignite mine operated by RWE on April 8, 2022. RWE says it wants to be carbon neutral by 2040. Alex Kraus | Bloomberg | Getty Images The chief financial officer of German energy firm RWE told CNBC Thursday that it will burn more coal in the short term — but …

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Luxury goods tax on super-rich could hit electric vehicles: expert

OTTAWA – A new tax on yachts, luxury cars and private aircraft designed to hit the super-rich could also cover vehicles meant to help the environment, a tax expert warns. The luxury goods tax, which will come into force on Sept. 1, will cover cars and SUVs, as well as private planes and helicopters, worth …

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Critical Minerals' Search in Greenland: Billionaires in West Betting Big, Could India Take Advantage?

There is a search going on in Greenland, which is the epicentre of climate change’s effects, to find out a trove of critical minerals capable of powering the green energy transition. It was reported that mining companies, investors and even billionaires like Jeff Bezos, Michael Bloomberg and Bill Gates are expecting that the climate change-caused …

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Ford CEO doesn't expect electric vehicle battery costs to drop anytime soon

Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters WAYNE, Mich. – Ford Motor CEO Jim Farley does not expect the costs of raw materials for the company’s electric vehicles to ease in the near future, marking the latest signal that automakers …

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How the EV tax credits in Democrats' climate bill could hurt electric vehicle sales

Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV owners. George Frey | Getty Images Proposed tax credits of up to $7,500 for electric vehicles under the Inflation …

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