- “Climate Measures In Budget Bill Could Cut Nearly 1 Billion Tons Of Emissions Per Year By 2030, Analysis Finds” • Six major climate provisions in congressional Democrats’ massive budget bill could reduce US greenhouse gas emissions by nearly 1 billion tons per year by 2030, according to a study from the nonpartisan Rhodium Group. [CNN]
- “Governor JB Pritzker Signs Legislation On Climate Change And Renewable Energy” • Illinois is the first state in the Midwest to enact legislation combating the climate crisis and to build an economy for the future. Gov JB Pritzker signed legislation that requires will close fossil fuel power plants over time and rescue money-losing nuclear plants. [HOI ABC]
- “XPeng Launches $25,000 To $35,000 P5 Electric Sedan – How Many Will XPeng Sell?” • XPeng has just dropped a massive hammer on the Chinese EV market. Despite being a smart electric car, XPeng’s new P5 model has a starting price of just ¥160,000 to ¥230,000 (after subsidies), which translates to $24,875 to $35,760. [CleanTechnica]
- “Details Of The House’s US EV Incentives Proposal” • The House Ways and Means Committee, which writes the tax code, worked through the energy portions of the Build Back Better Act. They reimagined the EV tax credit that consumers can get when they buy a new EV and added a credit for the second owner of the EV as well. [CleanTechnica]
- “EU Chief Challenges US On Climate And Asserts Brussels’ Role In ‘New International Order’” • In her State of the Union address to the European Parliament, EU Chief Ursula von der Leyen called on the US and China to increase efforts on the climate crisis, while also announcing plans to challenge their dominance in digital technology. [KRDO]
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