California lawmakers have removed a $3 billion, 12-year electric vehicle (EV) funding plan from a bill aimed to provide EV rebates and incentives. Instead, the amended bill would require the California Air Resources Board (CARB) to study vehicle incentive programs. California, a leader in EV adoption, is being closely watched for regulatory actions that could shape policies in other states.
DetailsCalifornia lawmakers have removed a $3 billion, 12-year electric vehicle (EV) funding plan from a bill aimed to provide EV rebates and incentives. Instead, the amended bill would require the California Air Resources Board (CARB) to study vehicle incentive programs. California, a leader in EV adoption, is being closely watched for regulatory actions that could shape policies in other states.
Duke Energy Florida has reached an agreement with industry and consumer groups to cancel a nuclear project and invest more in solar and grid modernization. Recent similar proposals from major utilities such as Xcel and AEP reflect growing interest in renewable energy. While the trend towards renewables has been largely attributed to state mandates and improving economics, recent developments show that utilities are increasingly perceiving them as opportunities for growth and profit.
DetailsDuke Energy Florida has reached an agreement with industry and consumer groups to cancel a nuclear project and invest more in solar and grid modernization. Recent similar proposals from major utilities such as Xcel and AEP reflect growing interest in renewable energy. While the trend towards renewables has been largely attributed to state mandates and improving economics, recent developments show that utilities are increasingly perceiving them as opportunities for growth and profit.
