Environment

‘Absolutely Infuriating’: Biden Admin Rushed Out $90 Billion in Green Loans After Trump’s 2024 Victory

U.S. Secretary of Energy Chris Wright is slamming the Biden administration for what he calls an “absolutely infuriating” last-minute spending spree, revealing that more than $90 billion in green energy loans were pushed through by the Department of Energy’s Loan Programs Office in the weeks between President Donald Trump’s 2024 reelection and his January inauguration.

US President Joe Biden speaks during an event in the Eisenhower Executive Office Building

Toyota Chairman: A Single EV Produces as Much Pollution as 3 Hybrids over Its Total Lifecycle

Toyota Chairman Akio Toyoda has raised concerns about the environmental benefits of battery electric vehicles (EVs), suggesting that hybrids offer a more practical path to reducing carbon emissions in certain regions. He argues that Toyota’s 27 million hybrid vehicles have the same carbon footprint as only nine million when the entire lifecycle of emissions is taken into account.

Toyota Chairman Akio Toyoda