Big oil companies lost billions in 2020 because of the pandemic and face broad questions about how they will adapt to climate change and regulations.
The end of the gasoline-powered car will transform the economy.
The move, one of the most ambitious in the auto industry, is a piece of a broader plan by the company to become carbon neutral by 2040.
Rivian, which has raised another $2.65 billion, plans to sell a pickup truck and S.U.V. it has worked on for more than a decade.
Traditional automakers have struggled to sell electric cars. That could change as Ford, Volkswagen and others introduce new models.
Carmakers say new models should also help lift the industry in 2021, after a 15 percent decline in its slowest year since it recovered from the Great Recession.
Struggling energy companies are increasing the production of renewable diesel, which can reduce greenhouse gas emissions.

Innovation can be a hard concept to define as it relates to electric cars. Sure, there are the powertrains and structural designs of the vehicles themselves—including new proportions for the cabin enabled by the compact running gear and battery packs under the floor. But there are also many factors outside the car itself: education and...
![EPA administrator Scott Pruitt [photo from 2014]](https://images.hgmsites.net/tmb/oklahoma-attorney-general-scott-pruitt-2014_100584650_t.gif)
EPA head Scott Pruitt will likely go down as one of the most controversial agency chiefs in that agency's history of almost 50 years. The former Oklahoma attorney general, who sued the EPA 14 times on behalf of fossil-fuel interests during the Obama administration, has a radically different view of how the agency should operate compared to most of...

While President Trump has announced the U.S. will pull out of the Paris Climate Accord, the United States cannot formally exit the agreement until November 5, 2020. Despite the administration's stance and its many efforts to end U.S. action to reduce carbon emissions, numerous U.S. governors arrived at the Global Climate Change Summit in Bonn...