As expected, Ford has cancelled production of its F-150 Lightning electric pickup truck. Also no surprise to those of us who follow the industry: the company has issued a pair of press releases designed to frame the failure as a positive development. And it may be—if the company’s goals are to shore up its bottom … Continue reading “Ford dials back EV efforts, will focus on high-margin fossil fuel trucks”
Conrad estimated that the whole project will cost around $15 million, about 70% of which would come from federal funding under the 2021 bipartisan infrastructure law and other grants. It’s unclear, though, whether the Trump administration will renege on those commitments, even those which have already been formally obligated under contract. “ARCH2 receives funding for … Continue reading “Ohio transit agency to switch to green hydrogen for fuel cell buses”
Biofuel trade groups and major U.S. airlines applauded the tax-credit rules, which allow producers to subtract from their overall emissions if they do things like use renewable electricity, deploy carbon capture and storage, and source crops from farmers who use so-called “climate-smart” agricultural practices. Gevo, the potential loan-guarantee recipient, says it’s planning to adopt all … Continue reading “DOE makes $3B commitment to two sustainable aviation fuel projects”
Investors are betting big on Air Company’s efforts to cut carbon emissions from planes. The New York–based startup announced today that it raised $69 million in a Series B funding round led by Avfuel, an aviation fuel supplier, along with Lowercarbon Capital, IQT, Alaska Airlines, and other investors. That money will go toward building commercial production facilities … Continue reading “Air Company raises $69M to convert CO2 into jet fuel”
Taylor, a spokesman for the local group Our Water, Our Air, Our Rights, also questions the company’s business plan. He said he doubts other communities are going to want to give up the types of plastic waste that can more easily be recycled and have a higher commercial value. That would mean only the hardest-to-recycle, lowest-quality plastic … Continue reading “Advocates push back on DOE-funded plan to make steel with plastic-based fuel”
EVs cost less to fuel in every state of the U.S. By electricity cost vs. gas prices, there’s a vast range among states EVs have the strongest advantage in Idaho, Washington, and the Northwest Fluctuating gas prices can make internal-combustion vehicles cost up to six times more to drive than EVs, but the potential savings … Continue reading “Where in the US do EVs save the most money to fuel vs. gasoline?”
