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The startup electric car company Fisker said this week that it is halting the production of its vehicles to raise $150 million in emergency funds as it grapples with a cash crunch spurred by a low demand for electric vehicles. The California-based company, which says its mission is to “create the world’s most emotional and sustainable electric vehicles,” has barely produced over a thousand electric vehicles worldwide for the year. “The company has approximately 4,700 vehicles in its currently inventory, carried over from 2023 and including 2024 production,” the company said. “While it has not completed an NRV analysis for...

White House adviser John Podesta will replace John Kerry as the nation’s lead climate diplomat, the White House announced on Wednesday. “We need to keep meeting the gravity of this moment, and there is no one better than John Podesta to make sure we do,” White House Chief of Staff Jeff Zients, in a written statement shared with reporters. Podesta will remain at the White House and will get the title of senior advisor to the president for international climate policy. In that role, he will lead the Biden administration’s international climate policy agenda and will coordinate with other officials...

In a surprising development today, the New York Stock Exchange (NYSE) has withdrawn its proposed rule change previously submitted to the Securities and Exchange Commission (SEC) to allow “Natural Asset Companies” to be traded in the U.S. market. Idaho Dispatch explained in this article that Natural Asset Companies (NACs) were defined by the NYSE to be, “Corporations that hold the rights to the ecological performance of a defined area and have the authority to manage the areas for conservation, restoration, or sustainable management.” Also mentioned in the previous Dispatch article was the strong opposition to NACs by Marlo Oaks, the...

U.N. Secretary-General Antonio Guterres is in Nepal as part of a flying four-day visit and paused Monday to issue the latest in a long string of dire climate warnings, declaring there is no future on the planet for fossil fuel. “The rooftops of the world are caving in,” Guterres said on a visit to the Everest region in the mountainous country, adding it had lost nearly a third of its ice in just over three decades. “Glaciers are icy reservoirs –- the ones here in the Himalayas supply fresh water to well over a billion people,” he said, according to...

Occidental Petroleum quietly sold off a carbon capture facility – the world’s largest — that was built into a natural gas processing plant in Texas, according to a Bloomberg Green investigation. The plant, called Century, never operated at more than a third of its capacity since it was built in 2010. According to statements the company made to Bloomberg Green, the technology worked, and the facility continues to operate as designed. The economics of Century weren’t good because of limited amounts of natural gas coming from a nearby field, according to the report, and as a result, the plant fell...

Speculation is mounting (except, of course, among the “professional” press), as to the identities of six of the eight individuals included in the Libby subpoena to The New York Times (see Clarice Feldman’s piece here). The Times deemed the identities of only two of the parties worthy of release, former CIA director George Tenet and former White House Spokesman Ari Fleischer. The names of the other six remain elusive

The CEO of one of the world’s foremost certifiers of so-called carbon credits announced that he will step down. David Antonioli, CEO of the climate-action nonprofit known as Verra announced that he will be leaving his position at the organization in June, although he plans to stay on in a reduced, senior-advisory role.Antonioli will be replaced by the organization’s current president, Judith Simon. The announcement comes after a recent investigation into the group found that approximately 90 percent of its so-called carbon credits are, essentially, worthless and have no measurable impact on carbon reductions.Antonioli, the organization’s founding CEO, didn’t mention...

SPENCER, Iowa — Iowa landowners opposed to proposed liquid carbon dioxide pipelines crossing their property won a legal victory Wednesday, when a judge ruled a state law giving surveyors the right of entry to private property is unconstitutional. Ruling in a Clay County case, District Judge John Sandy said the law violated Iowa's constitution because it does not provide for just compensation for certain damages to landowners for their loss of the right to deny entry onto their land. "The court can find no other reasonable interpretation in which Iowa Code (section) 479B.15 passes 'constitutional muster,'" Sandy said in his...

SEC Staff Consulted With Green Financial Firm Accused Of Selling ‘Fictitious’ Carbon CreditsJohn Hugh DeMastri on March 11, 2023 U.S. Securities and Exchange Commission (SEC) officials met with representatives of a Swiss climate firm now under fire for allegedly selling “fictitious” carbon credits to discuss climate regulations, according to a Daily Caller News Foundation investigation.Millions of dollars worth of carbon credits issued by the Swiss firm South Pole could not be reliably tied back to actual greenhouse gas reductions, according to a report by Dutch investigative journalism outlet Follow the Money.SEC officials met with a representative of South Pole in...

Lurch the climate czar may be the most useless bureaucrat, and that’s saying a lot. There’s one thing we can know about the government — the goal is always to collect money. The purpose of carbon credits has always been to make it look like corporate and foreign entities are reducing their carbon footprint when all they are doing is buying a worthless piece of paper. While the U.S. drowns under climate tyranny, China and India get to pretend they will start reducing their carbon emissions down the road. The scheme to sell “carbon credits” is nothing more than a...

Scientists are mad as hell and demand their claims of looming climate catastrophe are taken seriously. That’s the message released Sunday by a loosely federated global network of scientists and academics who plan “high levels of disobedience” to highlight what they say is a planet in decay. Members of Scientist Rebellion told AFP their non-violent actions are timed to coincide with an upcoming report from the U.N.’s climate science advisory panel laying out options for slashing carbon pollution.

Last Friday the Biden administration raised the mandatory amount of biofuel, specifically ethanol, that must be blended within the U.S. gasoline supply. The previous amount of 10% (summer blend) was raised to a year-round 15% (waiver) by the Environmental Protection Agency (EPA). This is likely to lead to two sets of bigger issues, less food and higher gas prices. ♦ First issue. – The Renewable Fuel Standard (RFS) is a government mandate, passed in 2005 and expanded in 2007, that requires growing volumes of biofuels to be blended into U.S. transportation fuels like gasoline and diesel every year. Approximately 40...

The White House said Americans should pay higher taxes to ensure a rapid green transition away from fossil fuels in a report on President Joe Biden’s economic record. The federal government can encourage such a shift through carbon taxes or a cap and trade system forcing an emissions limit on companies, said the Council of Economic Advisers (CEA) report released last week. The White House added that consumers would continue purchasing “artificially inexpensive, carbon-intensive goods” without proper government policies in place. A “cap and trade” system creates a limit for how much greenhouse gas companies can emit. If a company...

By Dr. Tim Ball and Tom HarrisPresident Donald Trump announced the U.S. withdrawal from the Paris Agreement on climate change because it is a bad deal for America. He could have made the decision simply because the science is false, but most of the public have been brainwashed into believing it is correct and wouldn’t understand the reason. Canadian Prime Minister Justin Trudeau, and indeed the leaders of many western democracies, though thankfully not the U.S., support the Agreement and are completely unaware of the gross deficiencies in the science. If they did, they wouldn’t be forcing a carbon dioxide (CO2) tax, on...

The Felicity Ace, the cargo ship carrying cars and SUVs from brands including Audi, Porsche, Bentley and Lamborghini, has now sunk. It had caught fire on February 16 and its crew abandoned the ship. The largely burned out ship was being towed back to a safe port when it sank yesterday, according to a report provided by the salvage team to MOL Ship Management of Singapore, which operates the Panama-flagged ship. A spokesperson for Volkswagen Group confirmed that the automaker was aware of the vessel sinking. The Felicity Ace had been carrying nearly 4000 vehicles from various Volkswagen Group brands....

The Felicity Ace was being towed to land when it began to list to starboard in heavy seas about 250 miles off the Portuguese island chain and took on water in heavy seas, according to the ship's manager. The Portuguese navy confirmed that it sank in a location outside of Portugal's territorial waters that is over two miles deep.

SINGAPORE: China‘s refining giant Sinopec Corp said on Wednesday it has jointly certified the country’s first carbon-neutral crude oil cargo with shipping giant Cosco Shipping and China Eastern Airlines . The 30,000-tonne cargo was produced by Sinopec in Angola and shipped by Cosco Shipping to an east China-based Sinopec refinery for processing, Sinopec said. To offset the carbon dioxide produced during the process from crude production to shipping to consumption by vehicles and airplanes, the three state firms bought Chinese Certified Emissions Reductions credits. These credits that will go to investing in carbon-reducing projects such as tree planting, solar, wind...

HARRISBURG — The centerpiece of Gov. Tom Wolf’s plan to fight climate change took another step Tuesday toward the final regulatory threshold to impose a price on carbon dioxide emissions from fossil fuel-fired power plants in Pennsylvania. The Environmental Quality Board, composed primarily of Wolf appointees, approved the plan 15-4 to send it on to the Independent Regulatory Review Commission, which could take it up this fall. Wolf, a Democrat, wants to the plan to take effect next year as part of a multi-state consortium, the Regional Greenhouse Gas Initiative, which sets a price and declining limits on carbon dioxide...

SANTA FE – New Mexico lawmakers can expect a clean fuel standard on their 2022 agenda – a priority Gov. Michelle Lujan Grisham’s administration pitched Monday as a matter of economic development. The proposal would require a 10% reduction in the carbon intensity of fuel used for transportation by 2030 and 28% by 2040. But companies that make, produce or refine fuels would also have the option of buying credits from producers of hydrogen or other low-carbon fuels or from businesses that reduce their emissions – creating a market, supporters say, that would spur investment in clean energy. Economic Development...

President Biden's recently appointed climate czar, John Kerry, took a private jet to Iceland in 2019 to receive the Arctic Circle award for climate leadership, Fox News has learned. Kerry defended his high-pollution ride at the time, calling it "the only choice for somebody like me who is traveling the world to win this battle" in an interview obtained by Fox News. The incident had not been previously reported in the American press. -snip- Icelandic reporter Jóhann Bjarni Kolbeinsson confronted Kerry at the event over his choice of transportation, asking: "I understand that you came here with a private jet....