EU follows US by boosting its domestic green industry support, outcome for Global South uncertain
Emerging economies will be nervous about the competitiveness of their manufacturing sectors if this reshoring of clean technologies expands
‘Whole Generation Is Damned’: Biden Warns People ‘Can’t Deny’ Climate Change
President Biden gave a dire warning about the future while talking about climate change in a new interview. While a guest on “The Daily Show,” Biden told former Obama aide Kal Penn that young people between 18 and 35 years…
How Porsche And Ferrari Are Saving Combustion Engines Using ‘e-Fuels’
With many automakers transitioning from petrol-powered vehicles to electrified ones, Porsche and Ferrari are pursuing a new strategy by concentrating on the advancement of e-Fuels to preserve gas-powered engines. This decision follows the European Commission’s delay last week of the…
EV Startups Running Out Of Juice As Demand Lags, Production Stalls
Electric vehicle startups are increasingly strapped for cash and have little margin for error to ramp up production this year before their reserves are depleted, The Wall Street Journal reported Monday. Startups across the sector are facing significant shortfalls as…
EV Sales Collapse Globally As Taxpayer Subsidies Dry Up
The global electric vehicle (EV) market is reeling from one of the most dramatic collapses in monthly sales to date, with Rystad Energy research showing that only 672,000 units were sold in January, almost half of December 2022 sales and…
Joe Manchin Duped Again With New Treasury Guidance On EV Subsidies
Did President Biden take Joe Manchin for another ride? The West Virginia Senator insisted on numerous conditions for the $7,500 electric vehicle tax credit in the Inflation Reduction Act (IRA). Now the Treasury Department is doing an end-run to let…
USPS Plans To Go Green By 2026 And It’s Gonna Cost Taxpayers Billions
Monkey see, monkey do—that’s what the United States Postal Service is going regarding its delivery fleet. They’re going to blow some $11 billion on electric vehicles after a push from the Biden administration. It won’t be immediate, but the goal…
Biden Caused These Green Job Losses With His Climate Tax Act
President Biden sold the Inflation Reduction Act (IRA) as a giant climate jobs program, but then how does he explain what happened Friday at the Stellantis Jeep Cherokee plant in Belvidere, Illinois? Some 1,350 workers are losing their jobs so the…
Biden Starts A Climate Trade War Using Taxpayer Subsidies
Wasn’t President Biden going to end Donald Trump’s destructive trade wars against allies? Apparently not. His “super aggressive” climate protectionism—to quote French President Emmanuel Macron—is infuriating U.S. friends and may set off a subsidy and tariff war. U.S. allies are…
Biden Kowtows To Big Green By Blocking Much-Needed U.S. Mining
It is past due time to ramp up domestic mining. The move to electrify all sectors of the economy is increasing the demand for minerals, metals, and rare earth elements used in the production of batteries, motors, and other electrical…
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