Tesla delivered the first of its new and much less expensive battery-powered cars last week, betting that it can move beyond producing a relative few luxury vehicles and become a mass producer.
From giant companies like Exxon Mobil Corp. to OPEC members such as Saudi Arabia, oil producers say their industry will enjoy decades of growth as they feed the energy needs of the world’s expanding middle classes. But what if they’re wrong?
Auto makers selling electric cars and putting vehicles in ride-sharing fleets could receive significant credits toward meeting stringent U.S. emissions standards, proposals that would revise current regulations that were locked in under the Obama administration, an EPA official said.
Peak summer demand and declining levels of supplies, both domestic and foreign, mean spikes in the price of gas for U.S. consumers, market analyses find.
When Tesla officially launched the Model 3 last week to much fanfare, there was one detail about the ostensibly affordable electric car that transcended all others: the dashboard.
The Trump administration said late Wednesday that it would not delay an Obama-era regulation on smog-forming pollutants from smokestacks and tailpipes, a move that environmental groups hailed as a victory.
About a third of all oil produced in Venezuela is processed at American refineries on the Gulf Coast. Shipments to the U.S. were worth about $12 billion last year.
A bill co-sponsored by AEE would establish an ambitious program to stimulate EV purchases.
“Biofuels can play a significant role for reducing carbon intensity in transportation, provided the politics and/or economics don’t derail their viability. Those hurdles are significant.”
Paired with sanctions on individual human rights abusers, an oil embargo has the best chance of reversing the Maduro regime’s behavior.
