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Kentucky electric cars now pay two taxes where gas cars only pay one

Baua Electric

Photo by Mobilus in Mobili on Flickr As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. At the Kentucky Public Service Commission’s approved rate of 25c/kWh , this represents a 12% or 24% tax.

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Part of Elon Musk’s $15B tax bill will likely end up helping the fossil fuel industry

Teslarati

Elon Musk may be paying an estimated $15 billion in taxes this year due to his massive sale of part of his TSLA holdings, but his contributions to the US government may end up supporting the fossil fuel industry. The remaining 20% is allocated for coal. Conservative estimates put U.S.

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In a first, the US will restrict existing coal-fired plants’ emissions

Baua Electric

Trucks Haul Coal Navajo Mine by U.S. The Environmental Protection Agency (EPA) will require existing coal-fired and new natural gas-fired power plants to control 90% of their carbon emissions or shut down. Coal plants that intend to stay online beyond 2039 will have to cut or capture 90% of their CO2 emissions by 2032.

Coal 52
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EIA: CO2 emissions from US power sector have declined 28% since 2005

Green Car Congress

US electric power sector CO 2 emissions have declined 28% since 2005 because of slower electricity demand growth and changes in the mix of fuels used to generate electricity, according to the US Energy Information Administration (EIA). If electricity demand had continued to increase at the average rate from 1996 to 2005 (1.9%

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What Are Zero Emission Day and National Drive Electric Week?

Blink Charging

It’s also the kickoff to National Drive Electric Week which runs from September 22 – October 1, 2023. Let’s look at these two annual events and what they mean for current and future electric vehicle (EV) drivers. There are four guidelines to follow: Refrain from using or burning oil, gas or coal. of total U.S.

Emissions 123
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces. Retrofit or close any remaining coal-fired capacity by 2050.

Hydrogen 221
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Opinion: Ukraine’s Next Crisis? Economic [and energy] Disaster

Green Car Congress

Ukraine’s next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy sector by crippling coal-based electricity production. Key industry sources say they will potentially run out of coal in less than three weeks.

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