Fuel

Several West Coast electric utilities proposed a phased-in approach to electrifying Interstate 5 in an effort to reduce commercial vehicle emissions along the major freight corridor.

Executives from Tesla Inc. will use an unassuming job-type description in their pitch to a Texas county on the merits of the carmaker’s Cybertruck plant project.

Amazon said June 23 that its carbon footprint rose 15% last year, even as it launched initiatives to reduce its harm on the environment.

It may be the coronavirus pandemic that finally breaks the stalemate.

The CEO of Nel ASA, a Norwegian company founded in 1927 and the largest manufacturer of electrolyzer technology that produces hydrogen from water, said Nel is ready to “cut and paste” its manufacturing approach in locations around the world as interest in the alternative fuel climbs.

The national average retail price of diesel rose for the third consecutive week, 2.2 cents to $2.425 a gallon, according to data the Energy Information Administration released June 22.

Oil hovered near $40 a barrel in New York as investors weighed a resurgence in the coronavirus against signs of rebounding demand.

The U.S. Treasury Department levied sanctions on Mexican trading company Libre Abordo SA de CV for buying Venezuelan oil via oil-for-humanitarian-aid agreements with the embattled country.

The Transportation and Infrastructure Committee in the U.S. House continued to debate a five-year, $494 billion highway policy bill on June 18, a day after kicking off the measure’s consideration.

Volkswagen has boosted its stake by $200 million in a San Jose, Calif., company that targets solid state battery technology, and the two partners are looking at setting up a pilot plant.