Renewable energy
Opinion. Bits and bytes are not the same as electrons and BTUs. “The “epic transition” to renewable energy will continue and be as significant for the economy as the internet, Doerr says.” — CNBC
Category Energy
Dallas Fed comments
“Government overspending and transfer programs have inflated the money supply while resulting in unchecked corruption and waste. We will be paying that bill for generations, and what a colossal waste of resources and missed opportunity.”
Coal plants back online
“Because the risk of gas shortages has increased, the cabinet has decided today to withdraw the production limitation for coal-fired power stations for 2022 to 2024 with immediate effect.” — Rob Jetten, Netherlands
EV tax credit update
From efile.com. As of Jun 2022 and subject to change. MakeModel(s)Credit Amount AMP Electric Vehicles, Inc. GCE and MLE (2012) $7,500 Audi of America, LLC e-tron SUV (2019, 2021-2022); Sportback (2020-2022); $7,500 Azure Dynamics, Inc. Transit Connect Electric Vehicle (2011,…
EV bankruptcy
“June 12 (Reuters) – U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) (ELMS.O) said on Sunday it is planning to file for Chapter 7 bankruptcy, after a review of its products and commercialization plans.”