Another automaker is adjusting its near-term electric vehicle target. Volvo is scaling back on its 100% EV pledge by 2030. The company said stronger government support is needed to advance the transition. Volvo was one of the first automakers to set a 100% EV sales goal by 2030. The announcement was made over three years … Continue reading “Volvo backtracks on its 100% EV pledge: Here’s what the new plan looks like”
Written by EVadmin
Community members gathered more than 4,500 signatures to get the proposed gas tax on the ballot, which officially qualified at the end of May. The tax would charge large building owners $2.96 for every 100 cubic feet or 100,000 BTUs of natural gas used, a value based on the social cost of carbon, which estimates the … Continue reading “Berkeley’s gas ban was blocked in court. Now a new plan has emerged.”
Written by EVadmin
This chart from the CPUC’s July report breaks out the proportion of the state’s three big utilities’ “revenue requirement,” or how much money they must bring in from ratepayers to cover their costs. The biggest increases are coming from distribution-grid investments, primarily driven by PG&E’s program aimed at burying power lines, clearing vegetation, and installing … Continue reading “California electric bill relief plan would gut low-income energy programs”
Written by EVadmin
“Industrial heat accounts for one-quarter of the global energy consumption and is a massive, $450 billion market,” Juha Lindfors, a partner at Lifeline Ventures, said on Monday in a statement. “Decarbonizing industrial heat presents a huge opportunity.” Meskanen, a Finnish entrepreneur, said she first met her co-founder, Nate Weger, in 2023 through a DOE-funded program called Cradle to Commerce, which aims … Continue reading “This startup has a plan to clean up industry: electrified bricks”
Written by EVadmin
Saudi Arabia has its sights set on shuttling people around its desert megacity on flying electric boats. While it may sound like science fiction, the wings are already in motion. To achieve its goal, Saudi Arabia even already purchased eight of the Swedish electric boatmaker Candela’s new P-12 electric ferries. Candela’s electric boats are famous … Continue reading “Saudi Arabia’s bold plan to ferry people around in flying electric boats”
Written by EVadmin
A question of ‘regulatory surplus’ For large customers with 100% clean energy commitments, a green tariff is a necessity in North Carolina, where Duke has a monopoly and cities, data centers, and the like can’t buy clean energy directly from solar farms. In theory, a green tariff allows a company such as Google or Amazon to spur a new supply of … Continue reading “North Carolina approves Duke Energy’s controversial green tariff plan”