article thumbnail

Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

Long-range all-electric trucks like the Tesla Semi will not come cheap. The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits. I really expect Tesla to raise prices on the Semi, its too cheap at this point.

article thumbnail

Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

This glut could be exacerbated by future carbon taxes and other policy restrictions on fossil fuels, he said. The Saudi government has announced plans to diversify its economy, thereby reducing its exposure to climate risk, by selling a 5% portion of Saudi Aramco, via an initial public offering (IPO) of ownership shares.

article thumbnail

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

KPMG developed 3 nexuses linked by climate change to represent the challenges of sustainable growth. The 10 global sustainability megaforces that may impact business over the next two decades are: Climate Change: This may be the one global megaforce that directly impacts all others. Source: KPMG. Click to enlarge.

article thumbnail

Proposed California Bill SB-233 Mandates Bidirectional Charging for EVs to Advance Grid and Climate Protection

Driivz

The ultimate promise: vehicle-to-grid Many see V2G, where the EV receives power from the grid when it is cheap or plentiful and gives power back to the grid to balance and supplement the grid as needed, as the ultimate game changer. SB-233 covers school buses as well so they can power V2B and fleet depots use cases.

article thumbnail

Cash for Volts?

Revenge of the Electric Car

More details at: Group Seeks US Tax Credits To Spur Electric Car Use. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. UPDATE:Group Seeks US Tax Credits To Spur Electric Car Use. by Judith Burns for Dow Jones. By Judith Burns.

Volt 100
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Is tax equity dead? Cap and Trade Disappointment.

Financing 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. . Yet this crisis is a mere harbinger of the candle-lit future that awaits us if we do not change course. Gas is the only answer.

Power 52