Are The Climate Provisions In The Inflation Reduction Act Worth Their Cost?

Credit to Author: Carolyn Fortuna| Date: Tue, 23 May 2023 17:35:09 +0000

climate provisionsA new Brookings Paper on Economic Activity had an original goal to quantify the economic impacts of the IRA provisions. They determined that, yes, the IRA provisions would reduce carbon emissions significantly. But that’s not all. These provisions would also cost more than the current government projections that are floating around.

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Loophole: How Ineligible Electric Cars Can Still Qualify for $7,500 Tax Credit

Credit to Author: Guest Contributor| Date: Thu, 18 May 2023 02:19:09 +0000

Recent changes to federal regulations deemed certain electric vehicles no longer eligible for the full $7,500 tax credit. However, a loophole has been spotted that restores eligibility to nearly any EV, whether from Tesla or other automakers. After the list of EVs qualifying for the full credit was cut significantly last month, some have discovered […]

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Is Green Hydrogen Always Green?

Credit to Author: Michael Barnard| Date: Tue, 25 Apr 2023 19:01:31 +0000

DALL·E generated image of a green hydrogen industrial facility beside a coal generation plan, digital artGovernments shouldn’t be rewarding firms that are actually emitting more CO2e just because they are making hydrogen.

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U.S. EV Tax Credit Tool Tracks Electric Car Savings

Credit to Author: Guest Contributor| Date: Sat, 15 Apr 2023 03:50:26 +0000

Consumers have a new resource for finding plug-in electric and fuel cell vehicle tax credits. Current owners and those considering an electric vehicle purchase can access a free tool developed by ORNL researchers for fueleconomy.gov. Oak Ridge National Laboratory researchers have developed an online resource to help consumers understand the electric vehicle tax credits available […]

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Tesla Touts Tax Credits & Price Cuts

Credit to Author: Steve Hanley| Date: Sun, 09 Apr 2023 01:21:05 +0000

Tesla's engineeringTesla has juggled its prices once again, lowering the price of the Model 3 RWD by $1,000 and the Model Y by $2,000. It has also added a RWD version of the Model Y for North America.

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North Carolina Solar Installers Settlement with Duke Energy Approved by NC Utilities Commission

Credit to Author: Tim Tyler| Date: Sat, 08 Apr 2023 02:36:56 +0000

A rate modification for solar customers in North Carolina was recently approved by the North Carolina Utilities Commission (NCUC). This has an impact on people living in North Carolina who want to use the utility grid that Duke Energy manages for what is essentially a form of energy storage, which is done through a process […]

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Honda’s Working On More US-Based Battery Production

Credit to Author: Jennifer Sensiba| Date: Mon, 27 Mar 2023 13:06:03 +0000

If you remember 2022 (it seems so long ago now), you probably remember the Inflation Reduction Act (IRA). If you’re a fan of EVs and you spend much time on social media, you probably saw all of the controversy over the Act’s treatment of battery minerals for EV tax credits. I predicted that the situation […]

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