Sen. Mike Crapo is preparing legislation that would eliminate the federal government's Corporate Average Fuel Economy program entirely, a move backed by industry groups who say the Cold War-era mandate has outlived its purpose and costs consumers billions. Crapo, the Idaho Republican who chairs the Senate Finance Committee, plans to introduce the Restoring Affordability in […] The post Senate Republicans move to scrap federal fuel economy rules that have driven up car prices for decades appeared first on American Almanac .
Sen. Mike Crapo is preparing legislation that would eliminate the federal government's Corporate Average Fuel Economy program entirely, a move backed by industry groups who say the Cold War-era mandate has outlived its purpose and costs consumers billions. Crapo, the Idaho Republican who chairs the Senate Finance Committee, plans to introduce the Restoring Affordability in Automobile Manufacturing Act with five GOP cosponsors: Sens. Jim Risch of Idaho, Rick Scott of Florida, Cindy Hyde-Smith of Mississippi, Pete Ricketts of Nebraska, and Alan Armstrong of Oklahoma. The bill would free automakers from federal fuel economy standards beginning with model year 2029 vehicles, the Washington Free Beacon reported . The American Petroleum…Open
The new round of bombing in the Middle East has underscored the precarity of relying on fossil fuels. The war is speeding up the global transition to EVs, solar, and batteries, experts say.
Image: Analysis: China-backed litigators crippling Louisiana energy Related: The unnecessary transition to heat pumps and EVs Video: CDN Dr. John Robson comments on key items from the latest Climate Discussion Nexus weekly “Wednesday Wakeup” newsletter [...]
As an energy crisis grows, some countries are more prepared because of renewable energy and electric vehicles. Pakistan reduced its reliance on imported natural gas because of the growth of solar.
Oil prices would need to stay high for years — not weeks or months — to drive a lasting shift away from the fossil fuel. The big picture: Every time oil spikes, the same question surfaces: Will this push more people into electric cars or install solar panels onto rooftops? State of play: That's happening again following oil prices zoomed past the $100-a-barrel mark in the wake of the Iran war. Driving the news: Prices dropped at least temporarily in the wake of President Trump signaling Monday evening he wants a quick end to the conflict , as well as talking up ways to lower oil prices. Reality check: Energy transitions hinge on stable policies and market signals that last for decades. - Temporary price jolts from unstable…
Make Money Nearly Everyday w/ Trade Genius! http://tradegeniusacademy.com Today's Guest: Bob Kudla Phone: 800-949-1408 YouTube: Trade Genius https://www.youtube.com/@TradeGenius Bob is the created and owner of Trade Genius Academy. Bob also does a podcast on YouTube which is called Trade Genius. We’re seeing a major shift right now with the EU and Canada cozying up to China in ways we haven't seen before. With all this talk about tariffs and trade wars under Trump, countries like Canada under Carney are signing these big deals—lowering barriers on Chinese EVs, boosting energy and agri-food ties, and basically pivoting away from heavy US reliance. With China restricting silver exports and their economy imploding internally, losing…
