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Hydrogen Council study: hydrogen could contribute to 20% of CO2 emissions reduction targets by 2050

Green Car Congress

Hydrogen is an indispensable resource to achieve this transition because it can be used to store and transport wind, solar and other renewable electricity to power transportation and many other things. According to the study , if deployed at scale, hydrogen could account for almost one-fifth of total final energy consumed by 2050.

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81% of EVs Sold in 2023 Still Qualify for the Federal EV Tax Credit

EV Life

The tax credit is part of a broader plan to make 50% of new vehicles sold in the United States hybrids or plug-ins by 2030. Based on these new rules, several vehicles will no longer qualify for the IRA tax credit, including the Nissan Leaf, BMW X5 xDrive45e, Genesis Electrified GV70, Rivian R1S and R1T, and plug-in hybrid Volvos and Audis.