The European Commission gave a guarded welcome on Thursday to guidance by the United States meaning that EU companies could partially benefit from the U.S. Inflation Reduction Act, but said further improvements were required.
Daily Archive: December 29, 2022
EU gives guarded welcome to U.S. guidance on EV tax credits
The European Commission gave a guarded welcome on Thursday to guidance by the United States meaning that EU companies could partially benefit from the U.S. Inflation Reduction Act, but said further improvements were required. The $430 billion green subsidy law, which grants tax credits for buying U.S.-produced electric vehicles (EVs) and other green products, has triggered fears it could make the United States a world leader in the EV market at the expense of European countries. The Commission, which coordinates trade policy for the 27-nation European Union, said the U.S. guidance, published on Thursday, showed EU producers could benefit from tax credits for sales to commercial operators, but their vehicles would not be eligible for such credits when sold to private consumers.
The Seychelles Public Transport Corporation is Getting 22 Electric Buses!
The Seychelles Public Transport Corporation operates a fleet of about 250 buses of different types. They have 28-, 38-, and 52-seater buses. Most of them are made by TATA Motors from India. The Seychelles Nation newspaper reports that the Seychelles Public Transport Corporation’s (SPTC) fleet replacement policy stipulates that buses can only be kept in […]
Rally Attempt Begins; Tesla Jumps On EV Credit Rules
Don't get excited by one good day, but here are 7 stocks near buy points.
Waste Heat From Data Centers Can Bolster District Heat Systems
Globally, data centers are estimated to account for 1 to 2% of electricity usage. The percentage is higher in Europe, where data centers there consumed 104 TWh of electricity in 2020 — about 3% of all the electricity consumed within the EU. Those data centers create a lot of waste heat. Some of it could […]
Economic forecast for electric vehicles in 2023
The University of Michigan’s 2023 State Economic Forecast specifically looks at vehicle sales because it is such a key part of Michigan’s economy.
Seychelles Switches On 5 MW Solar PV Plus 5 MW / 3.3 MWh Battery Plant Developed By Masdar
The Republic of Seychelles is one of the few countries on the African continent where the access to electricity is 100%. Seychelles has an installed electricity generation capacity of just under 100 MW. About 80 MW of this is diesel generators. With about 85% of the country’s installed capacity being diesel generators in order to […]
Where are the EV fast-charging stations in northern B.C.?
From Prince George to Prince Rupert, Fort St. John, Edmonton, Cache Creek, Kamloops and beyond, here's where the EV fast-charging stations are located along northern and interior B.C.'s major highways.
Cars assembled outside NA may qualify for EV tax credit, per new IRS note
The US Treasury has released new guidelines on the electric vehicle tax credit in the Inflation Reduction Act which seem...
Gas, Gas, Baby — Gas Crises In Australia
It is hard to choose the right metaphor. Has the Australian gas industry shot itself in the foot, painted itself into a corner, or is it just throwing a hissy fit? Maybe it has just lost the plot? Perhaps breathing too much of its own product? Gas, gas baby! Recent Australian government legislation has capped […]