Replacing diesel-powered ferries with electric vessels could reduce emissions and improve air quality Cutting through New York Harbor in the shadow of the Statue of Liberty, the small white boat we were riding on caught the attention of passengers aboard a nearby sightseeing ferry. “It’s quite a curiosity at the moment,” Eric Laakmann, the chief executive and co-founder of Vessev, said. Climate Central is an independent group of scientists and communicators who research and report the facts about our changing climate and how it affects people’s lives. Continue reading...
A new wave of electric ferries is here in the US. Some even fly
Source: The Guardian
Original reporting
The Guardian: read the full reportRelated stories
CNBC
Merck tops quarterly estimates, hikes profit outlook as new Keytruda form shows strength
Merck's immunotherapy Keytruda, including a newer injectable form of the drug, showed stronger-than-expected sales.
BBC Business
Poundland's future hangs in the balance as chain edges towards collapse
Poundland's bosses have filed a notice of intention to appoint administrators to the business.
CNBC
Putin praises Elon Musk as a ‘genius’ as Russia develops Starlink alternative
Russia is trying to develop is own version of the satellite constellation Starlink: Rassvet.
CNBC
Alphabet earnings miss reflects first real sign that AI is taking a bite out of search
Wall Street hammered Alphabet for an earnings miss that included weaker-than-expected revenue out of the company's core business.
The Guardian
UK government borrowing costs fall as City welcomes ‘no harm’ budget – business live
Premier owner Whitbread says budget business rate measures ‘will do much to mitigate’ damage of past two budgets to hospitality sector The Institute for Fiscal Studies said Wednesday’s budget was “broadly the budget that many people were expecting”. IFS director Helen Miller told journalists at a press briefing: A relatively small cost of living package and a handful of tax rises. Borrowing higher across the rest of the decade. Nods that there are bigger things to come, including in the 10-year plan. One surprise was the length of the scorecard. There were a whopping 98 measures. Some of this seemed to be in the spirit of the prime minister’s ‘everyday fixes’ – small measures that make things better. Sadly, there was also a lot of small, unhelpful fiddling with the tax system. That she [ Christine Lagarde ] leaves early is no surprise and does not change the outlook for ECB policies and
CNBC3 outlets
President of the European Central Bank Christine Lagarde to step down in February
Departure of Lagarde, seen as candidate to take over World Economic Forum, comes as eurozone struggles with weak growth and inflation Christine Lagarde, the eurozone’s top central banker, is stepping down nine months early. The European Central Bank announced on Thursday morning that Lagarde would step down as its president on 7 February 2027; her term was scheduled to run until the end of October next year. Continue reading...