Nature’s last dance, the summer of EVs and Germany’s new wind scheme

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By Trey Thoelcke Published
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Nature’s last dance, the summer of EVs and Germany’s new wind scheme

© MarcPo / iStock via Getty Images

By David Callaway, Callaway Climate Insights

In today’s issue:
— Climate catastrophes will soon change where we go on vacation, and why
— As electric vehicles surpass 5% of new sales in the U.S., the EV era arrives
— Germany goes all in on wind as oil and gas supplies threatened
— An A-Z of Amazon’s climate efforts as Prime Day approaches

One of my fondest memories of vacationing in California with my family was staying at the Tenaya Lodge just outside the south entrance to Yosemite National Park. Just inside that gate was the famous Mariposa Grove of giant Sequoias, where one could stroll in awe of those giant sentries of history.

Today those trees are threatened by a fast-moving wildfire, the latest to inflict California and the American West, and the Tenaya is a staging point for firefighters. About 125 miles north, Lake Tahoe’s internationally famous crystal-clear waters, where you could see down almost 100 feet not too long ago, have lost about a third of their clarity in the last few years due to pollution.

In South America this week, authorities reported that the Amazon rainforest lost almost 4,000 kilometers in the first six months of 2022 to deforestation, including fires set intentionally to clear brush. The massive loss is the most in at least six years and has contributed to a total reduction in the forest’s size of 17% in the past 50 years.

Indeed, as we all jam airports to fly away on vacation this summer after two years of lockdown, it’s important to remember that many of the places we’re going might not be around in a generation. Or sooner.

The idea of paying last respects to natural wonders we always took for granted will become a travel theme itself over the next decade, as we flock to places to see them for the last time. The resulting crowds will only hasten their demise.

More insights below . . . .

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Photo of Trey Thoelcke
About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.

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