A battery is installed in an electric Hummer at the General Motors Factory ZERO electric vehicle … [+] assembly plant in Detroit, Michigan. (Photo by MANDEL NGAN/AFP via Getty Images) AFP via Ge...
Tag: Inflation Reduction Act
Europe’s Latest ‘Green New Deal’ Is Counterpunch To U.S. Inflation Law
Employees at the BMW plant in Leipzig assemble the “drive module”, the underbody group with battery, … [+] for the electrically driven i3. BMW will make more of these in the US now, ...
Tepid European Auto Recovery Will Ignite Competition While Electric Car Growth Slows
ACEA president and Renault CEO Luca De Meo pictured during a press conference at the European … [+] Automobile Manufacturers Association (ACEA – Association des constructeurs europeens d¿a...
Five Powerhouse Climate Policies Can Rapidly Slash Emissions And Strengthen The Economy In Any State
Minnesota just passed a 100% clean electricity bill with one of the country’s fastest timelines to make the switch—by 2040. With its rich wind resources, a surprising amount of solar, and a strong cle...
99% Of U.S. Coal Plants Are More Expensive Than New Renewables. A Coal-To-Clean Transition Is Worth $589 Billion, Mostly In Red States
Nevada’s last coal plant is scheduled to close in 2025 after 40 years of service due to rising operation costs. The closure will dramatically improve air quality, yet the economic impact will be borne...
IRA Spurs Clean Energy Boom, Electric Trucks Accelerate, Battery Demand Surges, EPA Cuts Power Sector Pollution
2022 was arguably the most important year in United States climate action: Landmark federal legislation and pro-climate state elections have paved the way for a clean energy boom in every corner of th...
U.S. Businesses Face Higher Federal Tax Bills In 2023 Coupled With State Tax Relief
Federal tax hikes on U.S. businesses take effect at the beginning of 2023, the same time when many … [+] state-level business tax cuts kick in. getty The new year brings higher federal tax burde...
The Goal, The Roadblocks, And What It All Means For Coal And Gas.
Electrical power transmission lines at evening. Getty Images President Biden’s climate vision is to transition energy from fossil fuels to renewables in the electricity sector of the US economy. One o...
How To Decide Whether You Should Buy An Electric Vehicle
“” getty The Inflation Reduction Act (IRA), with an estimated price tag of $369 billion, has many provisions that make electric vehicles more attractive to motorists, but it’s not going to...
Nikola And Plug Power Form Green Hydrogen, Fuel Cell Truck Supply Partnership
Plug Power will buy Nikola’s fuel cell trucks to haul its hydrogen and supply the truckmaker with the green fuel and equipment to liquefy hydrogen gas. Nikola Corp. Electric truckmaker Nikola an...
Are Grid Reliability And Fuel Affordability At Odds With Climate Goals?
CHICAGO, IL – JANUARY 07: Ice builds up along North Avenue Pier while temperatures hovered around … [+] zero degrees Fahrenheit on January 7, 2015 in Chicago, Illinois. Most of the city...
Inflation Fears Did Not Increase In November—First Time In More Than A Year
Topline For the first time in more than a year, Americans’ inflation fears have not increased, according to a new Gallup poll, as high prices, led by the cost of gas, continue to fall heading into the...
What The Mid-Term Elections Mean For U.S. Energy
WASHINGTON, DC, UNITED STATES – NOVEMBER 09: President Joe Biden answers questions from reporters at … [+] a post-election press conference at the White House on November 9th, 2022. (Photo...
How Joe Manchin Enabled President Biden’s Assault On The Coal Industry
TOPSHOT – US President Joe Biden signs the Inflation Reduction Act of 2022 into law during a … [+] ceremony in the State Dining Room of the White House in Washington, DC, on August 16, 202...
45Q Tax Credit Boosts Values Of Carbon Sequestration Projects, Yet Most Still In Development
Approximately half of the Inflation Reduction Act’s budget ($369 billion) has been authorized for spending on energy and climate change. One of the components buried in that act was the supercharging ...
Top 5 Renewable Energy Stocks For Q4 2022
| Getty Images Key Takeaways The renewable energy industry stands to gain from the $369 billion allocated toward funding green energy in the Inflation Reduction Act. Renewable energy companies should ...
Greenhouse Gas Emissions Will Rise 10% When They Urgently Need To Drop, U.N. Warns
Topline Global temperatures will increase by as much as 2.9 degrees Celsius by the end of the century under current conditions, according to a U.N. report released Wednesday, as scientists warn contin...
Obamacare Open Enrollment Brings Election Day “Gift” To Voters
WASHINGTON, DC April 5, 2022: US President Joe Biden hands the pen used to sign an Executive Order … [+] to continue to strengthen access to the Affordable Care Act to Former President Barack Ob...
VW Starts Building Electric Vehicles In U.S. Plant: Just-In-Time Production
Volkswagen has begun building the Volkswagen ID.4 electric vehicle at the VW plant in Chattanooga, … [+] Tenn. Photo: Volkswagen The timing couldn’t be much better for Volkswagen to start buildi...
Did President Biden Find Religion On Permitting Reform? Not So Fast.
Joe Biden speaks at the New Hope Baptist Church in Jackson, Mississippi in 2020. (Photo by MANDEL … [+] NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) AFP via Getty Images During a spee...
$28 Billion In New Clean Energy Manufacturing Investments Announced Since Inflation Reduction Act Passed
The Inflation Reduction Act is the most important climate legislation in United States history, but will it actually generate private investment in new manufacturing? In a word, absolutely. Roughly $2...
Electric Vehicles Are Here And Electric Jets Are Coming. Should We Fear Electrification Of The Economy?
A prototype of an electric-powered aircraft set to be flown in the Air Race E-series, sits display … [+] during the first day of the 16th Dubai Air Show at Dubai World Central (DWC) in Dubai, Un...
Just What The Doctor Ordered
“But the Commitment is still important, because it illustrates the glaring contrast between the two … [+] parties — especially on contentious issues like health care — and lays the groundw...
The Surging Hydrogen Economy That Oil And Gas Companies Are Tiptoeing Into.
A 2,500 cubic-meter tank of liquid hydrogen at Kobe Port Island plant in Japan where a special … [+] shipping terminal has been built to import liquid hydrogen from Australia (2020 photo). AFP v...
U.S. Gearing Up For Offshore Storage By Establishing Rules Of The Game
Emily Pickrell, UH Energy Scholar 378913 01: Pennzenergy Company Oil Exploration Drilling Rig In The Gulf Of Mexico During Sunset. … [+] (Photo By Getty Images) Getty Images We are still in the ...
The Competition For Electric Vehicle Dominance
| Getty Images Key Takeaways Tesla currently dominates the EV market, but if GM can jumpstart EV sales, analysts say it’s poised to take over by the end of the decade. Despite being a company dedicate...
How To Cash In On Billions In Green Home Improvement Tax Credits And Rebates
The new Inflation Reduction Act aims to arrest climate change by providing incentives for everything from solar panels to heat pumps to new windows to electric stoves. getty On August 16, President Jo...
Investing In The Clean Energy Credit Revolution
AFP via Getty Images Key takeaways The Inflation Reduction Act funds billions in clean energy credits to promote the development and advancement of green tech The goal is to reduce inflation and carbo...
Manchin Releases Permitting Plan, But Will Democrats And Republicans Go Along?
Sen. Joe Manchin, D-W.V., speaks during a news conference Tuesday, Sept. 20, 2022, at the Capitol in … [+] Washington. (AP Photo/Mariam Zuhaib) Copyright 2022 The Associated Press. All rights re...
Tax Collections Are Up 23% As Inflation, Wages And Profits Rise
Internal Revenue Service federal building Washington DC USA getty Tax collections this year in the U.S. are up 23% compared to last year, according to a new study by the Tax Foundation citing Congress...