Connect with us

News

Elon Musk Talks Climate Change While in Paris as the City Hosts COP 21

Elon Musk spoke to an audience at the Sorbonne in Paris on December 2 and urged people to support policies that will address the carbon dioxide levels in the atmosphere and climate change.

Published

on

Elon Musk speaks in Paris
Elon Musk spoke before an audience at Sorbonne University in Paris on global climate change while the city hosted 190 nations for COP 21 to discuss a possible new global agreement aimed at reducing greenhouse gas emissions. His remarks were sobering. Elon brings to light how mankind is now adding billions of tons more carbon dioxide to the atmosphere than it can handle. This extra CO2 comes from burning fossil fuels that have been buried in the earth for millions of years. As a result, carbon dioxide levels have been steadily  rising over the past 200 years and are now approaching 500 ppm. That’s 2/3 more than the atmosphere can cope with. Musk went on to repeat one of his most frequent statements, that burning fossil fuels may the “dumbest experiment in history.”

Elon-Musk-COP21-Paris-Climate-Change

Dec 2 , Elon Musk speaks in Paris about climate change

One of the charts Musk used to buttress his remarks (presented at the top of this page) shows that the increase in carbon dioxide levels is accelerating at an alarming rate. Some will remember that Al Gore was once pilloried as a lunatic for offering a very similar chart. But Musk isn’t laughing. He says if we do not alter our behavior as a civilization, the effects of our actions will exceed the damage caused by every war in history to date.

Musk couched his main points in economics. He described the damage caused by burning fossil fuels as an “untaxed externality.” In other words, he said, our economic system is actually designed to reward those who extract and burn fossil fuels. He insists that the solution to mankind’s emissions problem is to eliminate the more than $5 trillion in direct and indirect subsidies the nations of the world provide annually to fossil fuel interests, according to the International Monetary Fund.

Call it a carbon tax or carbon pricing, Musk says a way must be found to make all the costs of using fossil fuels be borne by those who burn them rather than allowing them to be foisted off on the others. He proposes a program that would be phased in gradually and provide relief for those whose lives will be adversely affected by a rise in fossil fuel costs. His remarks were very similar to those he gave while visiting in Germany earlier this year.

Then and only then will the world transition to using renewable energy, such as wind, solar, hydroelectric and geothermal. Musk urged everyone in the audience to talk about the urgency of climate action with their family, friends and elected officials. You can watch the entirety of Musk’s remarks in the video below.

Barney Frank once said if his office got one call on a subject, it was probably from a nut case. If his office got two calls on the same subject, it was a coincidence. But if 6 calls came in, it was a groundswell. In this instance, as in many others, if the people will lead, their leaders will follow. If you aren’t sure who your elected officials are or how to contact them, here is a very useful online tool you can use. Don’t put it off. Do it today.

 

Advertisement
-->

 

"I write about technology and the coming zero emissions revolution."

Advertisement
Comments

Elon Musk

Tesla CEO Elon Musk confirms Robotaxi safety monitor removal in Austin: here’s when

Musk has made the claim about removing Safety Monitors from Tesla Robotaxi vehicles in Austin three times this year, once in September, once in October, and once in November.

Published

on

Credit: @AdanGuajardo/X

Tesla CEO Elon Musk confirmed on Tuesday at the xAI Hackathon that the company would be removing Safety Monitors from Robotaxis in Austin in just three weeks.

This would meet Musk’s timeline from earlier this year, as he has said on several occasions that Tesla Robotaxis would have no supervision in Austin by the end of 2025.

On Tuesday, Musk said:

“Unsupervised is pretty much solved at this point. So there will be Tesla Robotaxis operating in Austin with no one in them. Not even anyone in the passenger seat in about three weeks.”

Musk has made the claim about removing Safety Monitors from Tesla Robotaxi vehicles in Austin three times this year, once in September, once in October, and once in November.

Advertisement
-->

In September, he said:

“Should be no safety driver by end of year.”

Advertisement
-->

On the Q3 Earnings Call in October, he said:

“We are expecting ot have no safety drivers in at least large parts of Austin by the end of this year.”

Finally, in November, he reiterated the timeline in a public statement at the Shareholder Meeting:

“I expect Robotaxis to operate without safety drivers in large parts of Austin this year.”

Currently, Tesla uses Safety Monitors in Austin in the passenger’s seat on local roads. They will sit in the driver’s seat for highway routes. In the Bay Area ride-hailing operation, there is always a Safety Monitor in the driver’s seat.

Advertisement
-->

Three weeks would deliver on the end-of-year promise, cutting it close, beating it by just two days. However, it would be a tremendous leap forward in the Robotaxi program, and would shut the mouths of many skeptics who state the current iteration is no different than having an Uber.

Tesla has also expanded its Robotaxi fleet this year, but the company has not given exact figures. Once it expands its fleet, even more progress will be made in Tesla’s self-driving efforts.

Tesla expands Robotaxi geofence, but not the garage

Continue Reading

News

SpaceX reportedly mulling IPO, eyeing largest of all time: report

“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock,” Musk said.

Published

on

Credit: SpaceX

SpaceX is reportedly mulling an initial public offering, eyeing what would be the largest valuation at the time of availability of all time, a new report from Bloomberg said on Tuesday.

It is one of many reports involving one of Elon Musk’s companies and a massive market move, as this is not the first time we have seen reports of an IPO by SpaceX. Musk himself has also dispelled other reports in the past of a similar nature, including an xAI funding round.

SpaceX and Musk have yet to comment on the report. In the past, untrue reports were promptly replied to by the CEO; this has not yet gained any response, which is a good sign in terms of credibility.

However, he said just a few days ago that stories of this nature are inaccurate:

“There has been a lot of press claiming SpaceX is raising money at $800B, which is not accurate. SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors. Valuation increments are a function of progress with Starship and Starlink and securing global direct-to-cell spectrum that greatly increases our addressable market. And one other thing that is arguably most significant by far.”

Advertisement
-->

Musk has discussed a potential IPO for SpaceX in recent months, as the November 6 shareholder meeting, as he commented on the “downsides” of having a public company, like litigation exposure, quarterly reporting pressures, and other inconveniences.

Advertisement
-->

Nevertheless, Musk has also said he wants there to be a way for Tesla shareholders to get in on the action. At the meeting in early November, he said:

“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock.”

Additionally, he added:

“Maybe at some point., SpaceX should become a public company despite all the downsides of being public.”

Musk has been historically reluctant to take SpaceX public, at times stating it could become a barrier to colonizing Mars. That does not mean it will not happen.

Advertisement
-->

Bloomberg’s report cites multiple unidentified sources who are familiar with the matter. They indicate to the publication that SpaceX wants to go public in mid-to-late 2026, and it wants to raise $30 billion at a valuation of around $1.5 trillion.

This is not the first time SpaceX has discussed an IPO; we reported on it nine years ago. We hope it is true, as the community has spoken for a long time about having access to SpaceX stock. Legendary investor Ron Baron is one of the lucky few to be a SpaceX investor, and said it, along with Tesla, is a “lifetime investment.”

Tesla bull Ron Baron reveals $100M SpaceX investment, sees 3-5x return on TSLA

The primary driver of SpaceX’s value is Starlink, the company’s satellite internet service. Starlink contributes 60-70 percent of SpaceX’s revenue, meaning it is the primary value engine. Launch services, like Falcon 9 contracts, and the development of Starship, also play supporting roles.

Advertisement
-->
Continue Reading

News

SpaceX reaches incredible milestone with Starlink program

Published

on

Credit: SpaceX

SpaceX reached an incredible milestone with its Starlink program with a launch last night, as the 3,000th satellite of the year was launched into low Earth orbit.

On Monday, SpaceX also achieved its 32nd flight with a single Falcon 9 rocket from NASA’s Kennedy Space Center.

The mission was Starlink 6-92, and it utilized the Falcon 9 B1067 for the 32nd time this year, the most-used Falcon booster. The flight delivered SpaceX’s 3000th Starlink satellite of the year, a massive achievement.

There were 29 Starlink satellites launched and deployed into LEO during this particular mission:

SpaceX has a current goal of certifying its Falcon boosters for 40 missions apiece, according to Spaceflight Now.

The flight was the 350th orbital launch from the nearby SLC-40, and the 3,000 satellites that have been successfully launched this year continue to contribute to the company’s goal of having 12,000 satellites contributing to global internet coverage.

There are over five million users of Starlink, the latest data shows.

Following the launch and stage separation, the Falcon 9 booster completed its mission with a perfect landing on the ‘Just Read the Instructions’ droneship.

Advertisement
-->

The mission was the 575th overall Falcon 9 launch, highlighting SpaceX’s operational tempo, which continues to be accelerated. The company averages two missions per week, and underscores CEO Elon Musk’s vision of a multi-planetary future, where reliable connectivity is crucial for remote work, education, and emergency response.

As Starlink expands and works toward that elusive and crucial 12,000 satellite goal, missions like 6-92 pave the way for innovations in telecommunications and enable more internet access to people across the globe.

With regulatory approvals in over 100 countries and millions of current subscribers, SpaceX continues to democratize space, proving that reusability is not just feasible, but it’s also revolutionary.

Continue Reading