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Instant EV rebates exceed $1 billion in first 6 months

Jun 12, 2024
Written by
Kathryn Krawczyk
In collaboration with
energynews.us
Instant EV rebates exceed $1 billion in first 6 months

ELECTRIC VEHICLES: U.S. electric vehicle buyers have received more than $1 billion in point-of-sale rebates since the Treasury Department launched the instant incentives in January, discounting an estimated quarter of the 600,000 EVs sold so far this year. (E&E News)

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OIL & GAS:

COAL:

GRID:

CLIMATE: Researchers expect average U.S. electric bills to be 8% higher this year than last due in part to warming temperatures, and urge governments to bar electricity shutoffs during extreme heat. (Utility Dive)

ELECTRIFICATION: California lawmakers introduce legislation that would allow utilities to voluntarily pay to electrify entire neighborhoods one by one instead of maintaining and replacing aging natural gas distribution networks. (Canary Media)

EMISSIONS: North Carolina regulators receive hundreds of comments complaining Duke Energy’s plan to meet state emission goals arbitrarily limits solar and battery storage and relies on unproven hydrogen technology to justify building new gas plants. (Energy News Network)

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