"'Any uncertainties in the development process can definitely create higher costs for customers and make it more difficult to get some of the clean energy goals that the Biden administration has over the finish line.'"
Europe Needs More Cheap EVs. Tariffs Will Keep Prices High
"'Shielding automakers from competition and stopping consumers from accessing affordable EVs today is not going to help them meet their climate goals, nor will it help their domestic industries,' Aleksandra O’Donovan, who leads BloombergNEF’s Electrified Transport research team, said in an interview. 'At the moment, it feels as though the decarbonization targets might not be the priority.'"
The carbon credit industry attempts a comeback
"Supporters of using carbon credits, which include influential climate advocacy groups such as the Bezos Earth Fund, the Rockefeller Foundation and multinational banks tasked with financing economic development, say the two-year long effort to improve standards can make these credits a key source of desperately needed funds for decarbonization efforts in Africa, Latin America and South and Southeast Asia."
Copper can’t be mined fast enough to electrify the US
"The shortfall is in part because of the permitting process for mining companies. The average time between discovering a new copper mineral deposit and getting a permit to build a mine is about 20 years, according to Simon."
Nuclear fusion startup Xcimer raises $100M to chase laser-based power
"To achieve the fusion reaction, hydrogen must be converted into plasma, a state of matter in which negatively charged electrons separate from positively charged atomic nuclei in a sort of atomic particle soup. The transformation to plasma requires temperatures on the order of one million degrees."
US summer home power bills to jump by nearly 8%, energy policy organizations say
"Mid-Atlantic and west coast states are forecast to have the biggest hikes in home electricity costs from June to September, jumping about 12% from the same period last year, said NEADA and CEPC, which are both Washington-based policy organizations focused on affordable energy access for people with low incomes. Steep rises of about 10% are also likely for Midwestern states and parts of the U.S. south, the organizations said."
$7.5 Billion in Government Cash Only Built 8 E.V. Chargers in 2.5 Years
"While proponents of the federal regulations may defend the amount of red tape involved in the federal program, with demands on where a charging station can be placed and the types of licenses people need to build one, the fact is that the private sector is already building out a nationwide E.V. charging network that will be available to most drivers."
America’s 100% tariffs on Chinese EVs: bad policy, worse leadership
"Politicians in America from both parties argue that they need to increase tariffs on a wide range of goods. China is heavily subsidising its manufacturers, giving them an edge in global markets. And, they add, the security risk of letting in Chinese cars is too great, since evs are easily tracked and monitored. There is something to these concerns. But Mr Biden’s tariffs are a blunt tool for dealing with them and will bring underappreciated economic harms to America and the world."
What’s Going on with Electric Vehicles?
Both the left and the right should be troubled by the economic cost, inequity, and environmental futility of EV subsidies.
Albertsons reduces food waste by thinking about what happens at home: ‘That’s where the power of the opportunity is’
"'So there's all of these examples where this is good business. In fact, we would do these things for our business regardless of whether they were better for the planet or our communities — but what a wonderful thing that they are better for both.'"
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