Remove Clean Remove Congress Remove Gas-Electric Remove Tax
article thumbnail

US Congress Considers 1st-Ever Purchase Incentive for Commercial EVs

CleanTechnica EVs

Last week, Senators Schumer and Manchin announced a compromise on a reconciliation bill, called the Inflation Reduction Act of 2022, that includes significant climate and air quality progress and a goal to reduce greenhouse gas emissions nationwide by 40 percent by 2030.

Purchase 141
article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. This would be a major shift in the type of furnaces and fuels used to produce steel.

Hydrogen 221
article thumbnail

The Complex Calculus of Clean Energy and Zero Emissions

Cars That Think

Congress has provided hundreds of billions of dollars to speed the deployment of clean-energy technologies. As legislation worked its way through Congress, Jenkins’s team provided elected officials, staffers, and stakeholders with a running tally of the possible trade-offs and payoffs in emissions, jobs, and economic growth.

Clean 94
article thumbnail

NTSB Chair questions safety impact of heavy EVs

Green Car Congress

During a keynote speech to the Transportation Research Board annual meeting Wednesday, National Transportation Safety Board (NTSB) Chair Jennifer Homendy questioned the safety impact of electric vehicles. The Ford F-150 Lightning is between 2,000 and 3,000 pounds heavier than the non-electric version. Pedestrians will also be at risk.

F-150 459
article thumbnail

Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

Green Car Congress

California’s current strategy of recovering a myriad of fixed costs in electricity usage rates must change as the state uses more renewable electricity to power buildings and vehicles, according to the findings from a new report from the Energy Institute at the UC Berkeley Haas School of Business and non-profit think tank Next 10.

article thumbnail

New York State adjusts EV rebate program, adds $30M

Green Car Congress

An additional $30 million is now available through New York State’s Drive Clean Rebate program to encourage more consumers to lease or purchase an all-electric car or plug-in hybrid electric vehicle. Since 2010, more than 81,000 electric vehicles have been sold in New York State. 200 miles or more. 40 - 199 miles.

New York 321
article thumbnail

Independent study confirms cost savings & emissions advantages for heavy-duty trucks running ClearFlame’s engine technology

Green Car Congress

The study was conducted by Gladstein, Neandross & Associates (GNA) and commissioned by ClearFlame, whose investors include Bill Gates-founded Breakthrough Energy Ventures, John Deere, Mercuria, and Clean Energy Ventures. per mile, lower than natural gas by $0.09 per mile, lower than electric by $0.97

Emissions 370