EDITOR'S CHOICE

There's Now A Tax Credit For Installing An EV Charger In Your Home - Here's What To Know

06 Feb 2024 | Synopsis

"The same law that created the tax credit structure for car purchases - 2022's Inflation Reduction Act - created a separate tax incentive to help drivers install an EV charger at home.

"The charger installation tax credit covers 30% of the cost of installing a charger up to a cap of $1,000...law instructed the IRS to make the credit available in low-income areas and outside cities...available to approximately two-thirds of Americans..."

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Vonmercier Arosa Is The Electric Sportscar Hovercraft That Will Have You Saying, "Ok, But Why?"

06 Feb 2024 | Synopsis

"The Arosa EV hovercraft may look like a mid-engine hypercar crashed straight through the wall of a marine supply shop and out the other side...company claims a 20 mph (32 km/h) cruising speed and an 'aerodynamic speed limit' of 50 mph..large 240 hp (178 kW) power rating across three motors that propel...options for either 18 or 36 kWh of battery, the company claims a maximum range per charge of up to 40 or 80 miles (65 or 130 km)...MSRP of the Arosa starts at US $200,000..."

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Some Tesla Board Members Reportedly Felt Pressured To Use Drugs With Elon Musk

06 Feb 2024 | Synopsis

"According to the [Wall Street] Journal, the volume of Musk's and some board members' drug use - which reportedly has included cocaine, ecstasy, LSD, mushrooms and prescription ketamine - has become particularly concerning.

" Oracle Corp...co-founder Larry Ellison - a friend of Musk's and a former Tesla board member - offered use of his Hawaiian island to Musk in 2022 for relaxation and detox purposes..."

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A Study Shows When You Ditch Cars for Cargo Bikes, Something Awesome Happens

06 Feb 2024 | Synopsis

"...a survey found in German publication Transportation Research Part F: Traffic Psychology and Behavior...asked 2,386 active cargo bike share users in Germany about their riding and driving habits, 45.8 percent had one car in their home, while 54.2 percent lived without a car...A whopping 18 percent said that using the cargo bike had prompted them to sell their cars!...this survey shows that cargo bikes can clearly be used to lessen our need for cars..."

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Lessons From San Francisco: 150 years Of Electric Public Transport

06 Feb 2024 | Synopsis

"San Francisco's fleets of buses, streetcars, trolley-buses, cable cars and trains are either already fully electric or in the process of becoming so.

"The electrification of public transport systems has become central to climate policy around the world...The city has some of the oldest electric public transportation in the world, namely its cable cars and streetcars, both of which began operating in the 19th century, with some original lines

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Honda Admits It Needs Affordable EVs With Plans For An Electric Civic Successor

04 Feb 2024 | Synopsis

"Although Honda teamed up with GM to build affordable EVs, the $5 billion plan was abandoned as GM moved to make its "vehicles less expensive to produce" in the future.

"Its first passenger EV from the new brand will be a sedan based on the flagship concept. The new electric sedan is expected to roll out in 2026, followed by an SUV shortly after."

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How Owning a House Can Make Your EV Cheaper

04 Feb 2024 | Synopsis

"One reason some people choose EVs is to save money on gas. On average, charging an EV at home costs close to $60 per month...Charging at home is not only more convenient for many drivers, but electricity rates tend to be lower than what you could find at public charging stations

"...if you're a single-family homeowner with a driveway, you can install chargers at lower costs than multi-unit homeowners can..."

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Tesla Investors Should Think Twice About Musk's Plan To Reincorporate In Texas

04 Feb 2024 | Synopsis

"Texas could end up being friendlier to businesses and CEOs than to shareholders"

"Musk has soured on Delaware, where the majority of U.S. corporations are incorporated, after the chancellor of the Delaware Chancery Court issued a ruling in a shareholder lawsuit Tuesday that voided his $56 billion pay package."

"There is no home-court advantage in Delaware."

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Trump Allies Plan to Gut Climate Research if He Is Reelected

04 Feb 2024 | Synopsis

Dozens of conservative organizations have banded together to provide Trump a road map...to boost fossil fuels and limit government climate science.

A proposed executive order in Project 2025...[lays out path]...total restructuring of the U.S. Global Change Research Program to diminish its role across more than a dozen federal agencies.

"Heritage [Foundation] is now recruiting Trump loyalists ready to implement the agenda on Day One"

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Canada's Oil Sands Spew Massive Amounts of Unmonitored Polluting Gases

04 Feb 2024 | Synopsis

"...researchers factored out greenhouse gases such as carbon dioxide and instead tracked only molecules important to air quality...The sands release...pollution-causing gases...about the same as the rest of Canada's human-generated sources combined

"...these pollution-causing gases from the oil sands are 20 to 64 times what has been detailed in industry reports based on standard monitoring techniques."

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