Energy
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After bad bet on electric vehicles, Hertz reportedly selling low-mileage 2023 Teslas for under $18K
Hertz initiated a plan to transition a large chunk of its fleet to electric vehicles, but the vehicles turned out to be expensive to maintain, and they depreciated quickly.
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DOE natural gas analysis draws disbelief from Republicans, industry
House Energy and Commerce Committee Chair Cathy McMorris Rodgers, R-Wash., condemned the rushed Biden administration study as a “politically motivated” move meant to “hamstring” the energy goals of the incoming administration.
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House Judiciary Committee seeks information from ESG-aligned firms in antitrust investigation
“I think we're on the cusp of a full-spectrum push across the entire federal government against this [ESG] nonsense,” Will Held, executive director of Consumers’ Research, told Just the News.
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Offshore wind: Opportunities in $200B investment or in peril from Trump
Among the recommendations in the report is a state appropriation of up to $50 million for improvements to Radio Island at the Port of Morehead City to “facilitate offshore wind economic development opportunities at the site.”
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Biden Energy Dept. deals another blow to natural gas supporters
Climate activists and environmental justice advocates celebrated the release of the DOE report halting LNG exports.
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Montana, Wyoming sue federal government over coal production ban
In November, the Biden administration announced its final decision regarding a supplemental environmental impact statement (SEIS) and proposed amendment to end coal mining in this region.
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Senate Budget Committee holds onto climate-driven insurance crisis, but experts dispute narrative
“Let me get straight to the point — the insurance industry is not in the midst of a climate-driven crisis, nor is it about to fall. Strength and stability are the hallmarks of this industry,” Dr. Robert Hartwig, clinical associate professor of finance at the University of South Carolina, said.
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Taxpayers to buy $19.9 million in electric school buses for Illinois
Each bus comes to about $284,000.
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Year in Review: Electric vehicles, components an emerging industry
A March report from national nonpartisan nonprofit group E2 presented in conjunction with the Cleantech Summit in Chapel Hill said North Carolina leads the nation in clean energy private-sector investments since passage of the $740 billion Inflation Reduction Act.
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National gas prices drop below $3 a gallon just before Christmas travel
"This holiday season is shaping up to be a gift for American drivers," GasBuddy executive says.
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International regulatory authority says California grid at risk of energy shortfalls
The NERC report noted that even though the grid covering most of California, and parts of Nevada and Baja Mexico, has new energy coming online from solar and batteries, the retirement of natural gas power that can run any time of day, regardless of weather, could cause shortfalls.
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California emission regulations on the chopping block, EPA allows gas car ban
In the case the court will take up, Diamond Alternative Energy, LLC v. EPA, et. al, it will decide if the fuel producers have standing to challenge the state’s strict vehicle emission rules. A lower court previously ruled that they do not, leading them to appeal to the Supreme Court.
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Harris promised not to mandate EVs, but the Biden admin just approved California’s EV mandate
Despite promises made by the Biden-Harris administration, on Wednesday it authorized California’s plan to ban the sale of gas-powered cars by 2035. About a dozen states have indicated they may follow California's lead.