• Oil lobbyist groups American Petroleum Institute, American Fuel & Petrochemical Manufacturers and the Texas Oil & Gas Association have filed suit over the Biden administration’s efforts to move the country to electric vehicles. They’re challenging the EPA rule to shift new car sales to EVs.
• More than 1,000 diesel-powered cargo trucks — which should’ve been banned from serving California ports — were granted access to the ports of Los Angeles and Long Beach due to inaction from the Biden administration, according to harbor records.
• California’s biggest utility sees power demand doubling by 2040, driven by artificial intelligence, electric cars and other efforts to electrify more of the economy, according to PG&E Corp.’s top executive.
• Nineteen Democrats and one independent are calling on U.S. financial regulators to do more to address financial risks posed by the changing climate. The lawmakers, led by Sen. Elizabeth Warren (D-Mass.) and Rep. Sean Casten (D-Ill.), wrote to leaders of the Federal Reserve, Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation on Thursday to call for more action.
• The Sierra Club and a consumer rights group sue to overturn federal approval of a gas pipeline from west Texas to Mexico.
•The U.S. is as many as 15 years behind China on developing high-tech nuclear power as Beijing’s statebacked technology approach and extensive financing give it the edge, a report said on Monday. China has 27 nuclear reactors under construction with average construction timelines of about seven years, far faster than other countries, said the study by Information Technology & Innovation Foundation, a Washington-based nonpartisan research institute.
• As Microsoft co-founder Bill Gates is moving ahead with a nuclear power plant in Wyoming, he tells “Face the Nation” that “support for nuclear power is very impressive in both parties” in Congress. “Of all the climate-related work I’m doing, I’d say the one that has the most bipartisan energy behind it is actually this nuclear work,” Gates said.
• PepsiCo is expanding the size of its electric fleet in California, adding 50 Class 8 Tesla Semis and 75 Ford E-Transit electric vans. According to an article from FleetOwner, the Tesla Semis will operate out of the company’s manufacturing and distribution facility in Fresno, California.
• The Chicago Teachers Union plans to use upcoming contract negotiations to push for various climate initiatives, such as electrifying bus fleets, cutting building emissions and renewable energy job training for students. World
• The Group of Seven rich democracies have failed to deliver significant new progress on climate during a summit in Italy, instead reiterating previous commitments, experts and activists said Friday. “The G7 leaders could have stayed at home. No new commitments were made,” said Friederike Roeder, vice president at Global Citizen.
• Enbridge Inc. ENB has unveiled plans for an expansion of the Westcoast Pipeline in British Columbia to address the rising natural gas demand in the province and the U.S. Pacific Northwest. The Sunrise Expansion Program suggests extending the southern segment of the pipeline, referred to as Transmission-South.
• A giant state-owned Chinese commodities trader is nursing losses after a shipment of copper from Russia worth nearly $20 million went missing, reigniting fears over fraud in the often secretive market for buying and selling raw materials.
• Tesla expects to increase the price of its Model 3 because of European Union import duties on electric vehicles made in China, the carmaker said on its website.
• Germany wants “serious movement” from China on the issue of tariffs on imported electric vehicles and hopes that talks in the coming weeks can stave off an escalating trade conflict that the transport minister on Friday warned could be catastrophic.
• Mexican authorities announced that they found the remains of some of the 63 miners who were trapped 18 years ago in a coal mine in northern Mexico.