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Oxy Low Carbon Ventures, Rusheen Capital Management create company to deploy Carbon Engineering’s direct air capture technology

Green Car Congress

Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Rusheen Capital Management, a private equity firm, have formed a development company, 1PointFive, to finance and to deploy Carbon Engineering ’s large-scale Direct Air Capture (DAC) technology. Carbon Engineering’s DAC technology has four major elements.

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bp to invest up to $8B additional in transition growth engines by 2030, for cumulative $55-65B over 2023-2030

Green Car Congress

This compares to around 3% in 2019. Together with EV charging they are expected to help grow bp’s ability to offer lower carbon transport solutions for customers. And—at the same time—action is needed to make sure that the transition is orderly, so that affordable energy keeps flowing where it’s needed today.

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Study finds shifts to renewable energy can drive up energy poverty

Green Car Congress

Efforts to shift away from fossil fuels and replace oil and coal with renewable energy sources can help reduce carbon emissions but do so at the expense of increased inequality, according to a new study by researchers at Portland State University (PSU) and Vanderbilt University. We don’t think of energy as a human right when it actually is.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

In 2019, the sales of electric vehicles totaled 1.1 One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Tesla’s Model 3 paved the way to powerful, affordable EVs. Zero Carbon Emissions. Electric Vehicles are Affordable.

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NY state launces series of initiatives to encourage adoption of EVs

Green Car Congress

The first fast chargers to be installed through the EVolve NY program are targeted to begin construction in spring 2019 along priority travel corridors with high traffic volumes from Buffalo to Montauk, and from Long Island to Canada. The tax credit is applied after the rebate amount received from NYSERDA.

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How EV Charging Boosts Your Workplace Benefits Package

Blink Charging

Between the fourth quarter of 2019 and the first quarter of 2021, Statista writes that the number of workplace EV chargers in the United States grew by 28%. EV drivers can save thousands of dollars on fuel and maintenance costs and now qualify for a $4000 used EV tax credit or a $7500 new EV tax credit. minutes in 2019.

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How EV Charging Boosts Your Workplace Benefits Package

Blink Charging

Between the fourth quarter of 2019 and the first quarter of 2021, Statista writes that the number of workplace EV chargers in the United States grew by 28%. EV drivers can save thousands of dollars on fuel and maintenance costs and now qualify for a $4000 used EV tax credit or a $7500 new EV tax credit. minutes in 2019.