Washington wants rebate on EVs
SMYRNA, TENNESSEE - U.S. Transportation Secretary Ray LaHood told a group of Nissan executives and workers that the Obama administration wants consumers to be able to get a tax rebate at dealerships when they buy electric cars.
The federal government currently offers a $7,500 tax credit on the purchase of electric vehicles, but that can't be taken until buyers file their income taxes.
LaHood said he expects the change to be a part of any tax bill that is passed in the next year and a half.
He made the remarks during a tour of Nissan North America Inc.'s lithium-ion battery plant in Smyrna. The plant should be complete in late 2012 and will be able to produce 200,000 batteries a year for the all-electric Nissan Leaf.
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Six key trends that shaped Europe's electricity markets in 2020
LONDON - According to the Market Observatory for Energy DG Energy report, the COVID-19 pandemic and favorable weather conditions are the two key drivers of the trends experienced within the European electricity market in 2020. However, the two drivers were exceptional or seasonal.
The key trends within Europe’s electricity market include:
1. Decrease in power sector’s carbon emissions
As a result of the increase in renewables generation and decrease in fossil-fueled power generation in 2020, the power sector was able to reduce its carbon footprint by 14% in 2020. The decrease in the sector’s carbon footprint in 2020 is similar to trends…
