Six months after unveiling its revamped battery-powered Leaf, Nissan Motor Co. is pressing ahead with plans for an array of electrified vehicles in a bid to boost sales of the cars sixfold in five years.
Last month, during a retreat in West Virginia, congressional Republicans set out their 2018 party goals.
The U.S. National Highway Traffic Safety Administration (NHTSA) said late on Tuesday it was proposing to cancel a planned hike in higher “gas-guzzler” penalties for automakers whose vehicles fail to meet minimum fuel-economy standards.
Royal Dutch Shell outlined a scenario in which, by 2070, we would be using far less of the company’s own product — oil — as cars become electric, a massive carbon storage industry develops, and transportation begins a shift toward a reliance on hydrogen as an energy carrier.
The plan covers 15 million acres in the Powder River Basin of Montana and Wyoming. The ruling on it is the latest to cite risks of fossil fuels and global warming.
The omens have been accumulating for months, as bits of information dribble out of the regulatory rumor mill in Washington, D.C.
One school of thought is that future oil demand is set to decline because consumers will have better options. Many in this “peak demand” camp believe that the growth of electric vehicles will soon make oil obsolete.
Under the Trump administration, the Bureau of Land Management has some new branding, one that prominently features oil rigs.
What matters is the oil demand curve, which will be highly dependent not only on the level of transition to low carbon energy, but also on social factors such as concern for the polluting effects of petroleum-based plastics.
Several legacy automakers, like GM, are claiming to be all-in on electric vehicles, but they are still lobbying to relax fuel consumption standards that would accelerate the adoption of electric vehicles.
