Subscribe  Log in | Register | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
Search
Related Articles
Europe urged to fight US for low-carbon investment
Continent should match US policies such as the Inflation Reduction Act to attract capital for net-zero push, says former vice-president Al Gore
CCS to gain momentum in 2023 – ING
US takes lead in emerging sector as enhanced policy support drives growth
US backs DAC with $3.5bn hub fund
Department of Energy launches programme to support development of four regional demonstration hubs for direct air capture at commercial scale
US to issue further methane regulation
EPA says new rules will reduce an estimated 36mn t of methane emissions between 2023-35
Global headwinds for Cop27 climate talks
High inflation and interest rates will hamper project development, but progress is still being made in key areas, says Energy Transitions Commission
CO₂ pipelines face US woes
Developers are struggling with public perception and local engagement
Trafigura joins US cobalt processing project
Commodities trader agrees with Evelution Energy to develop plant in Arizona to supply battery-grade cobalt to electric vehicle manufacturers
US opens first California offshore wind auction
First lease sale on the west coast to be held in December
CF targets blue ammonia market after signing CCS deal
US fertiliser firm aims to be first high-volume supplier of blue ammonia as it secures major CCS deal with ExxonMobil and Enlink
RWE expands in US with $6.8bn Con Edison deal
German utility nearly doubles its US renewables portfolio with purchase of US’ second-largest solar operator
EV sales in the US are growing
US EVs
Shi Weijun
11 February 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Surging US EV sales defy tax credit uncertainty

Investment in grid infrastructure must keep pace with growing EV fleet, conference delegates say

The potential end of a national tax-credit scheme for electric vehicles (EVs) in the US is unlikely to stall surging sales, but this rapid uptake will need to be matched by grid infrastructure investment to accommodate the growing EV fleet, according to industry insiders. The continuation of the EV tax credits—which grant up to $7,500 in tax breaks for plug-in EVs, and an additional $4,500 for vehicles made in America by unionised labour—is one of the provisions in the Build Back Better Act, a sweeping decade-long climate and social spending plan that is the centerpiece of President Joe Biden’s economic agenda. The legislation narrowly passed the US House of Representatives last November but

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in
Subscribe now
to get full access
Register now
for a free trial
Any questions?
Contact us

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Offset oversupply threatens carbon removal tech
3 February 2023
Surplus offsets in voluntary carbon market could depress prices to 2050 and deter investment in more expensive removal methods, says BloombergNEF
Equinor quits Barents Blue and Polaris
2 February 2023
Norwegian state-owned company walks away from ammonia and associated CCS projects after cooperation agreement expires
Roehm eyes carbon capture for German chemical plants
2 February 2023
Chemicals company contracts Norway’s Aker Carbon Capture for feasibility study of project to deploy two capture facilities
Spirit unveils major UK offshore carbon storage project
2 February 2023
Centrica joint venture outlines plan to convert two Irish Sea gas fields into storage hub with potential to develop blue hydrogen cluster

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
  • Twitter
Tweets by Carbon Economist
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search