Fighting climate change will result in millions of middle-class employment with fair pay for People holding union membership cards, according to President Joseph Biden. However, a Reuters analysis of corporate and state announcements shows that in the six months since the passage of Biden’s signature climate change law, the majority of the $50 billion of […]
Bigger utilities to benefit most from Biden’s clean-energy funds – EQ Mag
NEW YORK : Large U.S. electric utilities with renewable power projects in the works will benefit most in the sector from new federal clean energy funding, analysts and researchers said, with those already at the forefront of developing solar and wind cleaning up. The Biden administration’s $430 billion Inflation Reduction Act devotes billions of dollars […]
Biden’s next climate hurdle: enticing Americans to buy green – EQ Mag
WASHINGTON : President Joe Biden persuaded Democrats in Congress to provide hundreds of billions of dollars to fight climate change. Now comes another formidable task: enticing Americans to buy millions of electric cars, heat pumps, solar panels and more efficient appliances. It’s a public relations challenge that could determine whether the country meets Biden’s ambitious […]
Where the $7.5 billion for EV charging is needed most – EQ Mag Pro
The infrastructure bill can do a lot for some EV “deserts.” The freshly signed infrastructure bill, one part of the Biden Administration’s Build Back Better agenda, includes $7.5 billion for electric vehicle charging. While that sounds like a lot at first glance, it’s barely enough to get to Biden’s goal of 500,000 new charging stations […]
Biden’s EV Charging Push Could Boost Automakers Taking on Tesla
President Joe Biden’s plan to spend billions on U.S. charging networks could encourage more Americans to buy electric vehicles, giving General Motors (GM.N) and Ford Motor (F.N) much-needed fuel in the battle against Tesla Inc (TSLA.O). Biden’s administration on Thursday embraced a bipartisan Senate deal to spend $1.2 trillion on infrastructure projects, including $7.5 billion […]
Wind vs. Solar: What Wins The Job Race?
While President Biden’s clean energy goals promise to create a wind power ecosystem on the East Coast, his plans could fall flat without a massive retraining effort, a report warns. Heaping clean energy onto the electric grid would reshape the nation’s labor market, a new report says, creating a broad jobs rally, reinvigorating unions and […]
Biden’s Electric Vehicle Plan Includes Battery Recycling Push
These gaps include the minerals used in EV batteries and consumer electronics. The administration is also looking for ways to reduce metal usage in new battery chemistries. President Joe Biden’s strategy to make the United States a powerhouse in electric vehicles will include boosting domestic recycling of batteries to reuse lithium and other metals, according […]
Biden’s Solar Ambitions Collide with China Labor Complaints
The Biden administration’s solar power ambitions are colliding with complaints the global industry depends on Chinese raw materials that might be produced by forced labor. A big hurdle is polysilicon, used to make photovoltaic cells for solar panels. The global industry gets 45% of its supply from Xinjiang, the northwestern region where the ruling Communist […]
Aurora Solar Raises $250 Million to Digitize Solar Installations
SAN FRANCISCO : Aurora Solar, the industry’s leading software platform for solar sales and design, today announced it has closed a $250 million Series C funding round led by Coatue, with follow-on participation from existing investors ICONIQ Capital, Energize Ventures, and Fifth Wall. In just over two years, Aurora Solar has raised more than $320M. […]
America’s gas-fueled vehicles imperil Biden’s climate goals
What’s more, vehicles now remain on America’s roads for an average of nearly 12 years before they’re scrapped, which means that gas-fueled vehicles will predominate for many years to come. DETROIT : For President Joe Biden to reach his ambitious goal of slashing America’s greenhouse gas emissions in half by 2030, huge reductions would have […]
