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Report: CCS capacity increased 33% in 2020

Green Car Congress

The 2020 Global Status on CCS report also finds that there are a total of 65 commercial CCS facilities in various stages of development globally. Source: 2020 Global Status on CCS. 2020 saw increased ambition and support for CCS in Europe as well. World map of CCS facilities at various stages of development.

2020 332
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California Senate President pro tem proposes carbon tax on transportation fuels

Green Car Congress

California Senate President pro tempore Darrell Steinberg proposed a carbon tax on fossil transportation fuels to replace the coming cap and trade mandate on that sector in 2015. In 2020, the tax is estimated at 24¢/gallon—lower than the upward price risk under cap and trade at 40¢/gallon. A carbon tax is stable.

Tax 230
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State Auditor says California may not meet 2030 GHG reduction goal; says aspects of CARB efforts lacking

Green Car Congress

A report from the State Auditor of California finds that California may not successfully meet its upcoming greenhouse gas (GHG) reduction goal of 40% by 2030, which will require the State to reduce GHG emissions by nearly 40% over the next decade. Source: State Auditor Report Number: 2020-114. 19 pandemic, the cap?and?trade

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Tesla Model 3 price cuts puts new car cheaper than some used Model 3s

Teslarati

The recent price cuts enable buyers to purchase a base Model 3 for $43,990, and with the EV tax credit, that price is further reduced. In this example, 2020 lacks many features + at least 25mi less range. 7,500 EV Tax credit to that of a 2020 base Model 3 priced at $38,600. due to the recent price cuts.

Price 98
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Tesla Energy x SPAN pair up to offer a home battery storage bundle

Baua Electric

The bundle costs $11,500, excluding installation and taxes. A Tesla Powerwall 3 costs at least $8,400 before taxes and installation, and a SPAN panel retails for $3,500 before taxes and installation, so the bundle saves you around $400, and that doesn’t take into account federal tax credit and rebate savings.

Energy 52
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Aemetis signs $1B offtake agreement with Delta Air Lines for 250M gallons of sustainable aviation fuel

Green Car Congress

The aggregate value of the agreement is estimated to be more than $1 billion, including LCFS, RFS, 45Q and tax credits. The sustainable aviation fuel is expected to be produced by the Aemetis renewable jet/diesel plant under development on a 125-acre former US Army Ammunition production plant site in Riverbank, California.

Fuel 170
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Major deposits of rare earth elements reported at Ramaco’s Brook Mine in Wyoming

Green Car Congress

Source: NETL There is currently only one active mine for magnetic REEs in the United States, located near the Mojave Desert in California. Roughly 4,500 acres were permitted for mining in 2020, which is where the initial assessment program has been conducted.

Wyoming 467