Remove Climate Remove Economy Remove Netherlands Remove Tax
article thumbnail

ASML’s threat to leave uncovers deeper concerns in Netherlands Inc – ET Auto

Baua Electric

While the semiconductor equipment maker’s CEO has since ruled out a total departure from the Netherlands, a Reuters review of Dutch blue chip firms has shown that ASML is far from the only one considering its options. “You’d need two hands to count them.” state of Arizona, and BE Semiconductor Industries in Vietnam.

article thumbnail

Why EVs Aren't a Climate Change Panacea

Cars That Think

“Electric cars will not save the climate. Behavioral change is hard How willing are people to break their car dependency and other energy-related behaviors to address climate change? In fact, some 74 percent of those polled indicated they were already “proud of what [they are] currently doing” to combat climate change.

article thumbnail

2022—The Year the Hydrogen Economy Launched?

Cars That Think

Among the technological visions that seem perpetually futuristic (think commercial nuclear fusion and maglev trains), the hydrogen economy has always been tantalizing. In short, it could do anything fossil fuels do now, but with substantially reduced climate impact. At the lowest emission rate—0.45 Bernd Heid, McKinsey & Co. “I

Hydrogen 106
article thumbnail

ICCT: gap between official and real-world fuel economy figures in Europe reaches ~38%; call to implement WLTP ASAP

Green Car Congress

The gap between official and real-world fuel-economy figures in Europe has risen to about 38%, according to a new report published by the International Council on Clean Transportation (ICCT). For governments, the growing gap causes significant losses of tax revenues. For the Netherlands alone, the loss in tax revenues could exceed €3.4

article thumbnail

Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Tax exemption for EV purchases and non-financial support remain in place, after an extension, as the automotive industry is seen as one of the key drivers of economic growth. Around 25% of all cars sold in France and the United Kingdom were electric, 30% in the Netherlands, and 60% in Sweden.

article thumbnail

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

billion, was up 36% on the previous year and came the closest ever to overhauling the total for developed economies, at $138.9 There were seven billion-dollar-plus financings of offshore wind projects, boosting the investment totals for the Netherlands, the UK and Germany. billion set in 2011. billion, up just 3% on the year.

2014 150
article thumbnail

Mad Power thoughts

EV Info

Climate Change. And while preventing working people earning a livelihood may make them feel good, it does nothing to solve the real problem of climate change. . Because energy is a bigger part of the household budget of poorer people than richer people, this is a regressive tax. Gas is so last-century, you know!

Power 52