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Don’t blame EVs yet for declining gas tax revenue, critics say

Aug 14, 2024
Written by
Kathryn Krawczyk
In collaboration with
energynews.us
Don’t blame EVs yet for declining gas tax revenue, critics say

ELECTRIC VEHICLES: Most states now charge electric vehicle owners an annual fee to fund road upkeep, though critics say improved fuel economy in conventional vehicles has had a far bigger impact on gas tax revenue than electric vehicles. (E&E News)

EMISSIONS:

CLEAN ENERGY:

WIND: Federal officials allow Vineyard Wind to resume construction as they undertake a “controlled cutting” of the remaining bits of the broken wind turbine blade that haven’t fallen off yet. (Nantucket Current, Utility Dive)

CLIMATE: Wharton is among top business schools launching environmental, social and governance-focused programs, where they’ll learn how climate change can impact investments and other business decisions. (Inside Climate News)

STORAGE:

UTILITIES: In an agreement with Ohio’s attorney general, FirstEnergy will avoid state criminal charges in the corruption scandal surrounding a 2019 bailout law by paying a $20 million settlement — a tiny fraction of the windfall the company continues to receive from ratepayers. (Ohio Capital Journal)

OIL & GAS:

  • As she looks to secure Pennsylvania voters for the upcoming presidential election, Vice President Kamala Harris has downplayed her formerly anti-fracking policy positions. (Washington Post)
  • An oil company reports it plans to begin operating a $1.3 billion direct air capture project in Texas next summer while it also increases fossil fuel production in the Permian Basin. (E&E News, subscription)

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