Jack Aylmer
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Trump tariffs force Coca-Cola to consider more plastic packaging, price hikes
Coca-Cola may increase its use of plastic or raise beverage prices in response to President Donald Trump’s latest proposed tariffs. The new duties target imports of aluminum, which the company has been attempting to use more of in its packaging. How are these tariffs expected to impact Coca-Cola? During a recent earnings call, Coca-Cola CEO… -
Tesla opens $200M battery plant in Shanghai amid US-China trade tensions
Full Story Tesla has officially opened a $200 million battery plant in Shanghai, China, marking a significant expansion of the company’s presence in the country. However, this announcement comes as the electric vehicle maker’s CEO Elon Musk works for the Trump administration, which is currently embroiled in a trade conflict with Beijing. How significant is… -
Trump administration orders NOAA to review climate change-related grants
The Trump administration has directed officials at the National Oceanic and Atmospheric Administration (NOAA) to conduct keyword searches related to climate change across its grant programs. This directive comes amid proposals to significantly downsize the federal agency. What specific keywords has NOAA been told to look for? NOAA’s work includes funding research projects aimed at… -
Porsche sees market value cut in half amid billions in EV losses
Porsche is dealing with financial difficulties after reporting billions of dollars in losses on its electric vehicle (EV) investments. The automaker’s profit margin is projected to drop as low as 10% this year, significantly below the 20% target management had outlined ahead of its initial public offering (IPO) in 2022. How is the stock market… -
Attack on German cars was a Russian plot to frame environmentalists: Report
Full Story German authorities are looking into whether Moscow is behind a secret effort to frame environmentalists and the Green Party for the vandalism of hundreds of vehicles, according to a report from the German magazine Spiegel on Wednesday, Feb. 5. What did investigators find? Investigators said they found construction foam cartridges and foam guns… -
Monkey blamed for causing nationwide power outage in Sri Lanka
A nationwide power outage struck Sri Lanka over the weekend, with the country’s government attributing the incident to a monkey. The blackout began around midday on Sunday and affected millions as temperatures rose above 86°F. How did a monkey cause a power outage in Sri Lanka? According to Sri Lanka’s Energy Minister Kumara Jayakody, the… -
Trump administration reopens hundreds of millions of acres for oil drilling
The Trump administration has announced reopening oil and gas leasing across hundreds of millions of acres of federal lands and waters. This week, Interior Secretary Doug Burgum signed a series of orders which revoke Biden-era policies that had limited drilling in Alaska and across 625 million acres of federal waters, equivalent in size to a… -
Trump administration halts $5 billion EV charging initiative started by Biden
The Trump administration is halting a $5 billion federal initiative aimed at expanding electric vehicle (EV) charging infrastructure. The decision directs states to pause spending under the National Electric Vehicle Infrastructure (NEVI) program, which was established under the Biden administration. What does this move by the Trump administration entail? In a letter to state transportation… -
‘Build, baby, build’: UK pushes nuclear expansion with faster approval process
The new energy policy in the United States is focused on fossil fuel expansion — “Drill, baby, drill.” However, in the United Kingdom, the government is taking a different approach — “Build, baby, build.” Those were the words of British Prime Minister Keir Starmer, who wants to position the UK as a global leader in… -
Should losing pro teams get taxpayer money for new stadiums? Some say no.
An Illinois state lawmaker’s proposal may not receive much fanfare from professional sports team owners, especially in Chicago. Democratic State Rep. Bob Morgan of Deerfield introduced a new bill on Thursday, Feb. 6, that ties taxpayer financing for professional sports stadiums to a team’s performance. The proposal mandates any team wanting public dollars toward renovations… -
With profits surging after 2024 scandal, Toyota eyes worldwide EV investments
Full Story As Toyota’s profits recover from a scandal in 2024 that saw the company apologize for conducting falsified safety and engine power tests, it’s looking at making investments in the electric vehicle industry. The automaker has a $14 billion plant making electric vehicle batteries set to start production in North Carolina and is making… -
Trump to put EPA environmental justice workers on paid leave: Report
Sources close to the Trump administration said the president is planning another shake-up within federal agencies, this time at the Environmental Protection Agency (EPA). The next change will focus on workers involved in the environmental justice and civil rights division. EPA Environmental Justice workers could be placed on leave The Wall Street Journal said an… -
Ford lost $5B on EVs in 2024, expects to do the same this year
Full Story Ford’s electric vehicle (EV) division reported a $5.1 billion loss in 2024, an increase from the $4.7 billion deficit recorded the previous year. The company projects even greater losses in 2025, anticipating a $5.5 billion shortfall as it continues investing in EV production. “We expect a loss of $5 billion to $5.5 billion…
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