Environment

Ukraine and Russia blame each other for breaching dam in Kherson region; 1,300 residents evacuated so far

This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates.  Emergency evacuations…

Drones hit Moscow buildings; Kyiv attacked by third Russian bombardment in 24 hours

This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Drones hit several…

State leaders targeting climate investing have quiet stakes in the fossil fuel industry

In October, Scott Fitzpatrick, then-treasurer of Missouri, announced his state would pull $500 million out of pension funds managed by…

Are gas-powered or electric vehicles a better deal? EVs may win out in long run, experts say

Sales of electric cars are poised for a boom, spurred by factors such as federal policy, technological advances and environmental…

Volkswagen takes on China’s EV market with a higher-end car and $1 billion investment

BEIJING — German automaker Volkswagen is investing about $1 billion in China for electric car development, and releasing a vehicle…

Fewer new cars qualify for $7,500 electric vehicle tax credit. Here are 2 alternatives

The number of new electric vehicles eligible for a $7,500 federal tax credit fell by almost half on Tuesday, as…

SEC’s Gensler in congressional hot seat today over climate change and crypto

The House Financial Services Committee will hold a hearing on oversight of the Securities and Exchange Commission this morning. Oversight hearings…

Stocks making the biggest moves before the bell: JPMorgan Chase, Wells Fargo, PNC, Lucid, Express & more

Check out the companies making headlines in premarket trading. JPMorgan Chase – The banking behemoth popped more than 5% after…

That $7,500 electric vehicle tax credit may soon be harder to get. Here are 2 workarounds

It may soon be tougher for consumers to get a $7,500 federal tax credit when buying a new electric vehicle,…

Biden administration pushes to revitalize coal communities with clean energy projects

The Biden administration is channeling hundreds of millions of dollars from recent legislation into its efforts to turn coal communities…