Tesla CEO Elon Musk revealed “part deux” of his master plan for the company in a Wednesday blog post, outlining a vision to expand Tesla’s vehicle offerings and network them with rooftop solar and residential batteries . . . The acquisition of Tesla’s sister company SolarCity will allow Tesla to “create a smoothly integrated and beautiful solar-roof-with-battery product that just works,” Musk wrote, “empowering the individual as their own utility.” Read more here.
Minnesota climate activists say they are “pleasantly surprised” after Minneapolis-based U.S. Bancorp issued a new environmentalpolicy in June that will reduce lending for coal-fired power plants, coal mines and other environmentally harmful projects. Two bank officials have been meeting with MN350 members for the past several months on a new environmental policy that would discourage lending to fossil fuel interests. Advocates say the policy move — which they add could be stronger — is important because U.S. Bancorp (the parent company of U.S. Bank) is one of the largest financial services companies in the United States. Click to read more.
Photo: Climate activists outside U.S. Bancorp’s headquarters in Minneapolis. Credit: MN350