Browsing Tag

Electric vehicles

US EV Leadership at Risk due to GOP Bill Amid China Fears

TL/DR - Republicans have proposed a bill, named the "ELITE" Vehicles Act, which seeks to eliminate the electric vehicle (EV) tax credit, potentially hindering US EV manufacturing and shifting leadership to China. The bill was introduced as part of the Inflation Reduction Act, and critics argue it could undermine the US auto industry, worsen local…

Clean Energy Surge, Yet Coal Hinders Climate Goals – IEA

Investments in Clean Energy on the Rise The International Energy Agency (IEA) has released a report indicating that investments in clean energy are likely to outpace spending on fossil fuels, driven by energy security concerns and policy support from wealthy countries. The ongoing war in Ukraine has contributed to these concerns. However,…