Headline News:
- “Exxon ‘Systematically’ Misled Investors, NY AG Says” • For years ExxonMobil duped shareholders about the serious threat its fossil fuels empire faces from the global crackdown on carbon emissions, according to a lawsuit filed by the New York Attorney General. The lawsuit alleges that Exxon executed a “longstanding fraudulent scheme.” [CNN]
Refinery (Getty Images)
- “Oil Spill Settlement Pays for Climate Curriculum in Gulf States” • The National Academies of Sciences, Engineering and Medicine is spending part of a $500 million oil spill settlement to provide climate change education at middle and high school levels in Gulf Coast communities vulnerable to sea-level rise and other climate threats. [Scientific American]
- “A Solar Project in Rural Alaska Takes Aim at Sky-High Electric Bills” • A renewable energy project in the Northwest Alaska village of Buckland aims to demonstrate solar and wind power’s potential to reduce the region’s sky-high utility costs. Three solar arrays will switch on this week, and a battery system is coming next year. [Alaska Public Radio Network]
- “Tesla Delivers ‘Historic’ $311 Million Profit” • Tesla reported a quarterly profit for the third time in its 15-year history. The electric car-maker made a record $311.5 million (£242 million, €273) in the three months to 30 September, as the pace of car deliveries accelerated. CEO Elon Musk had promised a profit to investors earlier this year. [BBC]
- “America Made Strong Gains With Clean Energy, Efficiency, and Carbon Cuts but Faces Climate “Crossroads”” • The US is far ahead of 10-year government projections for renewable energy, energy efficiency, and carbon pollution cuts but must greatly accelerate clean energy progress to help avert climate disaster, a report says. [Natural Resources Defense Council]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.
October 25 Green Energy News posted first on Green Energy Times
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