Washington Post (June 25)
“In a blistering hot June around the Northern Hemisphere, in which heat records have fallen on every continent, Japan is the latest to swelter. On Saturday, temperatures there shot above 104 degrees (40 Celsius) for the first time on record during the month, another clear sign of the sweeping effects of human-caused climate change.”
Tags: 40 degrees, Blistering, Climate change, Effects, Hot, Human-caused, Japan, June, Records, Sign, Swelter, Temperatures
Reuters (June 24)
“A scramble for lithium” is creating “new risks for electric-car makers. Breathtaking prices are prompting the industry to find new ways to secure the crucial battery ingredient,” often through “direct contracts with miners and refiners” with “options to buy 100% or more of a project’s planned production capacity.” Although “vertical integration is tempting when times are tough,” it can leave buyers overstretched and “dealmaking under duress makes miscalculations more likely.”
Tags: Battery, Breathtaking, Buyers, Capacity, Dealmaking, Duress, EVs, Lithium, Miners, Overstretched, Prices, Production, Refiners, Risks, Scramble, Vertical integration
