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Governors' Wind Energy Coalition

November 30, 2022

Top Story

Biden Administration Pressed by Allied Nations to Revise EV Subsidy Program

By Yuka Hayashi, Wall Street Journal  •    •  Posted 2022-11-30 15:33:17

The Biden administration finds itself caught between its domestic-policy goals and some of its closest allies as it races against the clock to set the ground rules for new electric-vehicle subsidies. The Treasury Department’s Internal Revenue Service faces a year-end deadline to propose a guideline for how to qualify for EV tax incentives of up to $7,500 per vehicle under the tax and climate spending legislation known as the Inflation Reduction Act that President Biden signed in August.
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States

Colorado: Capital of ‘responsibly sourced’ oil and gas

By Mike Soraghan, E&E News  •    •  Posted 2022-11-30 15:33:57

The Dream Weaver oil well pad is notable for what’s not here. No emissions. No flares. No tanker trucks rumbling in and out. Oil, gas and wastewater get whisked miles away by pipeline, not stored on site. Air monitors mounted on poles sniff for signs of methane leaks. The site has been declared by a rating firm to be more responsible than 75 percent of other operators. “That’s the future of oil and gas,” said Brian Cain, chief sustainability officer for Civitas Resources Inc., pointing to the equipment at the company’s 22-well site, masked by yellow-beige fencing. [ read more … ]

Climate

Biden begins new phase on climate action

By Scott Waldman, Benjamin Storrow, E&E News  •    •  Posted 2022-11-30 15:32:35

The Treasury Department underscored Biden’s message Tuesday with a preview of the tax guidance that companies need to start taking advantage of the Inflation Reduction Act’s subsidies. The law will hand out billions in subsidies for everything from wind and solar projects to carbon capture facilities and electric vehicles. But to receive the full benefit of those subsidies, companies will need to comply with a series of labor and domestic content provisions. Many clean energy firms have been waiting on the rules before greenlighting new investments [ read more … ]

EVs

Why America Doesn’t Have Enough EV Charging Stations

By Jennifer Hiller, Wall Street Journal  •    •  Posted 2022-11-30 15:32:52

One of the biggest roadblocks to the mass adoption of electric vehicles is the troubled business model for the commercial chargers that power them. The government is pouring billions of dollars into developing a national highway charging network. But businesses aren’t sure how they will make money, and the nascent industry looks messy. Utility companies and gas stations are at war with each other over who will own and operate EV chargers. Rural states say some charging stations could operate at a loss for a decade or more. New companies that provide charging gear and services are contending with the equipment’s spotty reliability. [ read more … ]

Tesla Has California to Thank for Its First Semi Truck Delivery

By Dana Hull, Bloomberg  •    •  Posted 2022-11-30 15:33:35

When Tesla moved its headquarters to Texas a year ago, the former head of the powerful California Air Resources Board said Elon Musk lacked gratitude for the role the state played in the carmaker’s rise. California’s zero-emission vehicle mandate required automakers that didn’t sell enough electric vehicles to buy credits from Musk’s company before it was making any money. Tesla has grown to where it can now stand on its own two feet, but it still has reasons to be thankful for its former home state. This week’s Semi delivery event is a perfect example: Five years after Musk rode on stage in a prototype during an unveiling event, some of his first production trucks will go to a project CARB supported with $15.4 million in funding. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.