December 21 NEC Energy News
¶ “Elon Musk Says He’ll Be Paying $11 Billion In Tax This Year” • Elon Musk, the world’s richest person, has tweeted he will pay $11 billion (£8.3 billion) in tax for this year, “more taxes than any American in history.” Musk has been caught up in a public debate on social media over how much he pays. Bloomberg Billionaires Index puts his wealth at $243 billion. [BBC]
¶ “Peter Sterling: Vermont’s Dirty Secret: State Government Is Anti-Eenewable Energy” • Talk to anyone who has tried to bring renewable energy to Vermonters and they will tell you the same thing: Despite our green reputation and our wish for climate action, our state government works every day to put the brakes on new solar and wind projects. [VTDigger]
¶ “Democrats Scramble To Salvage Climate Provisions After Manchin Sinks Build Back Better” • With Senator Joe Manchin confirming he’s a “no” on President Joe Biden’s social spending package, the fate of the bill’s $550 bill worth of climate and energy provisions – and the President’s climate agenda – are now on the line. [CNN]
¶ “Thirteen New Electric Vehicle Battery Factories Planned In USA Within Next Five Years” • In addition to EV battery plants now operating in the US, thirteen have been announced that are expected to be operational within five years. Of the thirteen planned plants, eight are joint ventures between automakers and battery manufacturers. [CleanTechnica]
¶ “Biden Raises Fuel-Economy Standards To Reduce Greenhouse Gas Emissions” • The EPA will issue a final rule to raise mileage standards starting in the 2023 model year, reaching a projected industry-wide target of 40 mpg by 2026. This is 25% higher than a rule finalized by the Trump administration last year and 5% higher than an EPA proposal in August. [WKYC]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.