EDITOR'S CHOICE

Joe Biden's Hydrogen Hubs Still Rely on Fossil Fuels - The Primary Culprit Behind Climate Change, Expert Says

14 Oct 2023 | Synopsis

"...the concept of 'blue hydrogen' originated from the oil and gas industry, aiming to capture the released carbon dioxide during the breakdown of methane...this capturing process necessitates additional energy, often sourced from burning more natural gas.

"...'green hydrogen' plays a pivotal role in a decarbonized energy future. It is generated solely from renewable electricity using electrolysis, which is a process that separates water

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7 Best Electric Vehicle ETFs to Buy

14 Oct 2023 | Synopsis

"...ETFs aim to capture the market dynamics of specific trends or theme...One such theme that has surged in popularity over the last decade is electric vehicles, or EVs...runway for growth is clear as the world embarks on a mission to replace 1.3 billion internal combustion engine vehicles with electric vehicles over the next 20 to 30 years... owning the entire basket rather than owning one or two companies alone tends to better diversify risks."

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How Chinese Carmakers Plan To Bombard America With Affordable Electric Cars

13 Oct 2023 | Synopsis

"Chinese manufacturers are still confident in the land of the Stars and Stripes, and have a long, drawn out strategy that involves an unlikely player [Mexico].

"Chevrolet Trax and GMC Sierra, as well as the all-electric Ford Mustang Mach-E are all produced south of the border..the U.S. Inflation Reduction Act of 2022 allows certain EV’s made in North America to qualify for the full $7,500 federal tax credit."

"...the problem that Chinese manufacturers currently face when selling electric cars in the U.S. is the fact they are Chinese."

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China Gives eVTOL Developer Ehang The First Industry Approval For Fully Autonomous, Passenger-Carrying Air Taxis

13 Oct 2023 | Synopsis

"Guangzhou-based Ehang on Friday said it received an airworthiness 'type certificate' from the Civil Aviation Administration of China...allows it to fly passenger-carrying autonomous electric vertical take-off and landing (eVTOL) aircraft in China.

"The certificate will also significantly simplify the company’s ability to get similar certificates for commercial operation in the U.S., Europe and Southeast Asia..."

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E-Bikes Are Bicycles Not Motorbikes, Rules EU Court Of Justice

13 Oct 2023 | Synopsis

"The EU Court of Justice...ruled that as e-bikes are not propelled exclusively by mechanical power they are not covered by the obligation to be insured in the same way as motor vehicles. E-bikes are therefore bicycles and not motorbikes.

"The court concluded that e-bikes "do not appear to be capable of causing bodily or material damage to third parties comparable to the damage that may be caused by motorcycles, cars, trucks or other vehicles...

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Majority Of Americans Say They Are Unlikely To Purchase Electric Vehicles

13 Oct 2023 | Synopsis

"One in three Americans say it is likely that the next time they purchase a vehicle, it will be an electric one (31%). Those with a college degree (47%) are significantly more likely to buy an electric vehicle than those with a high school diploma or less (18%). Millennials (40%) and Gen Xers (33%) are significantly more likely to buy an EV compared to Baby Boomers (22%).

"A slim majority of Americans support government programs to reduce U.S. dependence on fossil fuels (54%) and government incentive programs to encourage EV purchases (52%)..."

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Biden Administration Announces $7 Billion For 7 Regional Hydrogen Energy 'Hubs"

13 Oct 2023 | Synopsis

"...hubs are clusters of facilities located in the same geographic area aiming to produce and consume hydrogen...They are located in Appalachia, California, the Gulf Coast, the mid-Atlantic, the Midwest, the Pacific Northwest, and an area referred to as the 'Heartland' that encompasses the Dakotas and Minnesota...The seven regional hubs will encompass 16 total states...expected together to reduce 25 million metric tons of carbon dioxide emissions from 'end-uses.'"

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The Lifestyle Change That Simulates "Falling in Love"

12 Oct 2023 | Synopsis

"...study conducted by economists at the University of Zurich...found [a] person with a one-hour commute to work has to earn 40% more money to be as satisfied as someone who walks...shifting from a long commute to a short walk would make a single person as happy as if he or she had found a new love.

"...prioritize public transportation over car dependency wherever possible, and invest in a surefire last-mile solution (like an electric scooter or a folding bike) to make sure some stage of the journey is outside and within your control."

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Electric Car Manufacturers Are Making A Huge Mistake That Is Slowing EV Adoption

12 Oct 2023 | Synopsis

"...automakers are working to find out what kind of cars would work the best with electric powertrains and would attract the most amount of buyers...recent survey by automotive market analytics firm AutoPacific reveals that out of all segments, buyers looking for pickup trucks are the least likely to buy electric.

"...they surveyed over 11,000 drivers across the U.S. who intend to buy a new car within the next three years..."

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Editorial: Don't Believe The Naysayers. We Can Electrify The Economy Without Leaving Workers Behind

12 Oct 2023 | Synopsis

"The U.S. economy is in the early stages of an once-in-a-lifetime shift from an economy powered by fossil fuels...bad-faith actors are trying to exploit workers' anxieties about their role in a zero-emission future

"Some workers may fear that vehicle electrification will leave them behind. But there is no evidence that it will cause a broad swath of blue-collar jobs to disappear...Contrast that with Trump's opportunistic defeatism, which only plays into the hands of oil and gas companies that stand to profit from any delay in phasing out their polluting products."

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US Treasury Lays Out Rules For Instant EV Rebate

12 Oct 2023 | Synopsis

"The new guidance lays out how dealers can effectively reduce the price for an EV for consumers by as much as $7,500 at the time of the purchase, rather than requiring the buyers to wait until they file their annual federal taxes to claim the credit."

"...EV buyers...Overwhelmingly preferred a point-of-sale rebate to a tax credit...With the EV tax credit, Treasury said it expects to refund dealers within 72 hours if sale."

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Why Tesla Isn't Unionized

12 Oct 2023 | Synopsis

United Auto Workers hopes a successful strike against Ford, General Motors and Stellantis could help it organize at Tesla...Tesla is the biggest threat in the long term to UAW wages and benefits. UAW doesn’t have any choice but to take on [Tesla]...Tesla's aggressive tactics; and Tesla's strategy of granting factory workers stock options...The company has taken a forceful anti-union position."

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