â ïļ If todayâs email looks a little different to you, itâs because Iâm testing a new platform for the newsletter. I will see how it goes and expect to make a final decision by Mondayâs issue.
ðĄ CLIMATE CHANGE
With COP27 coming to an end, a stalemate looms over an inability to find common ground between rich and poor countries on how best to tackle change, and crucially, whether to provide a fund to help the latter pay for climate change-induced damages caused primarily by the richer countries.
This is a summary of an academic journal summarizing a new paper on plantsâ ability to adapt to rapidly changing climate conditions just as animals have been known to do.
A majority of respondents â some 60% â from France, Italy, and Spain have said that climate change mitigation must take priority regardless the economic costs involved.
ð CLEAN ENERGY
Harvard researchers have developed a redox-flow battery that uses an aqueous, organic electrolyte to provide an economically viable solution for providing long-term storage of wind and solar power. This new technology has been licensed exclusively to startup Quino Energy.
Only four solar manufacturing facilities in the US can output over 1 GW of solar components per year. Enel North America, in collaboration with 3Sun USA, will soon produce up to 3 GW of high-performance bifacial photovoltaic modules and cells annually, and eventually ramp up to 6 GW.
The International Energy Agency (IEA) has released its annual World Energy Outlook report highlighting three key takeaways about clean energy technology generally: there must be a diversification of supply chains; contrary to popular critique, net-zero goals donât necessarily drive up prices; and â obviously â the world needs a lot more clean energy, not least of which, since 214 million new EVs are expected within just seven years.
ð CONTINUES BELOW, BUT FIRST, I NEED YOUR HELP PLEASE:
ð Hi there! Thanks so much for being one of my very first subscribers!
If youâre enjoying this newsletter and want me to keep doing it, would you be willing to help me get more subscribers please?
Hereâs the thing. Iâll eventually need sponsorship to support this newsletter, and I canât get sponsors without (a lot of) subscribers.
So if you could please get 6 of your friends or colleagues to subscribe, perhaps by sharing this email that would be awesome.
Also, please follow me on Twitter (@MarcHoag) if you donât yet.
Thanks so much! ð
-Marc
ð AUTONOMOUS & ELECTRIC VEHICLES
Motional, an AV company founded between Hyundai and Aptiv, in partnership with Lyft, will launch a fully driverless taxi service in LA using Hyundai IONIQ 5 EVs, following their previous deployment in Las Vegas.
Largely due to a decrease in GMâs costs to produce its new Ultium batteries which will dip to $87/kWh in 2025 and $70/kWh later in the decade, profit parity of EVs and ICE vehicles is finally within grasp.
Zeekr, a premium electric brand of Chinese carmaker Geely, has partnered with Waymo to produce its next generation driverless minivans entirely devoid of human driving controls. Previously, Waymo was using the Chrysler Pacifica minivan and Jaguar I-PACE crossover SUV.
ð THATâS ALL FOR TODAY!
Thank you so much for reading, have a great weekend, see you next week!-Marc
