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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

Green Car Congress

One casualty of the oil price downturn could be the megaproject. Often these megaprojects projects were only the purview of the largest oil companies, as smaller players did not have the resources—financial or technological—to make them work. The collapse of oil prices, however, could kill off the megaproject.

Oil 150
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8-state alliance releases action plan to put 3.3M ZEVs on their roads by 2025

Green Car Congress

The partner states are California, Connecticut, Maryland, Massachusetts, New York, Oregon, Rhode Island and Vermont. It also includes working with automakers and dealers to identify, evaluate, and implement creative financing approaches and other effective strategies to reduce vehicle purchase price and increase ZEV sales.

Plug-in 244
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The State of Medium- and Heavy-Duty Vehicle Electrification

Driivz

Massachusetts, New Jersey, New York, Oregon, Washington, and Vermont are adopting the same rules. On the plus side, the federal Inflation Reduction Act includes a tax credit of 30% of a commercial electric vehicle’s purchase price up to $40,000, and a few states offer incentives as well.

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Opinion: Political Climate Shifting Against The Oil And Gas Industry

Green Car Congress

Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. For companies that have seen their revenues vanish because of collapsing oil prices, access to credit is obviously critically important. Low oil prices are undermining the ability of some companies to pay back their debt.

Oil 150
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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

Cantwell said that cap-and-trade had been discredited by the Wall Street crisis, the Enron scandal and the rocky start to a carbon credits trading system in Europe that has been subject to dizzying price fluctuations and widespread fraud. RGGI was the first regional cap-and-trade program for greenhouse gases in the United States.

Gas 244