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Investors hesitate on EV support; California enforces emissions rules; Texas plans road expansion with climate funds.

Investors are holding back on supporting electric vehicle manufacturing as they await Treasury Department guidance on how much Chinese materials batteries can contain while still qualifying for tax breaks. California has adopted regulations requiring railroads to reduce and eliminate harmful locomotive emissions after the U.S. EPA cleared the way for the new rule. Texas plans to use federal climate funds for road expansion without mentioning climate change. The world’s first battery powered heavy freight locomotive debuted last week, but there is no federal policy requiring the shift as there is currently no policy requiring it. New Jersey has no plans to give back $300 million to Ørsted, a developer who had canceled two offshore wind farms with funds in escrowed, following a cancellation of two projects. Other notable developments include the release of documents revealing why a natural gas industry group paid for kitchen equipment used by Julia Child in the 1970s, and a proposal for Texas to use climate change funds to fund road expansion. Solar installers blame higher interest rates and reduced incentives in California for a slump in sales and global production glut could delay the opening of new manufacturing facilities.

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