Within the remaining moments of 2020, a very powerful U.S. vitality laws in a decade flew in beneath the radar, connected to the coronavirus aid and authorities funding invoice.
It’s an astonishing assortment of measures. It units apart $35 Billion in new funding for clear vitality R&D, phases out a few of the most egregious greenhouse gases, and extends tax credit for wind, photo voltaic, nuclear, and carbon seize. What’s the influence?
It will have been a invoice sufficiently big to debate this complete episode. Nevertheless it’s been eclipsed by the potential of extra formidable laws beneath a Democrat-controlled Congress — because of some huge Senate wins in Georgia on Wednesday.
With a window of motion open, how a lot can get finished within the subsequent two years? We’ll dig in.
Lastly, one of many largest enterprise tales from the final 12 months: Tesla. A stratospheric inventory value, sturdy gross sales progress, and the second richest man on the planet. What do Elon Musk’s fortunes foreshadow for EVs?
Really useful studying:
Greentech Media: What Renewable Power and Power Storage Did, and Didn’t, Get from Congress This Week
E&E Information: 13 Methods the Large Omnibus Hits Power
Dave Roberts Volts Podcast: The Power Act
E&ENews: Issues to Watch in a 50-50 Senate
Bloomberg: Tesla Poised for Enlargement After Simply Lacking 2020 Goal
Barron’s: Tesla Passes a Market-Cap Milestone. It’s Price Extra Than Fb.
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