Author: Jude Hislop

Volvo’s Mack Trucks Inc. plans to have a fully electric garbage truck in 2019

Electric garbage truck’s ability to operate quietly at night is particularly attractive to customers in urban areas Mack Trucks, a part of Volvo Group, plans to have a fully electric Mack LR refuse model equipped with an integrated Mack electric drivetrain operating in North America in 2019, according to a press release. The New York City Department of Sanitation (DSNY), one of Mack´s largest customers, will test the demonstration vehicle in its highly demanding operations. Mack believes that at this stage of electromobility technology and infrastructure development, a fully electric vehicle will deliver the most value within a closed loop application, in...

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Survey finds majority of US voters oppose tariffs on solar panels

Among Republicans, support for tariffs is highly related to attitudes about Trump A new Program for Public Consultation(PPC) survey finds that nearly six in ten United States voters oppose the new tariffs on solar panels imposed by the Trump administration, including a majority in very red districts.  However, nearly six in ten Republicans favor the tariffs, according to the press release. On Jan. 22, the Trump administration imposed a tariff on solar panels in response to requests from two solar panel producers with operations in the United States that said that solar panels were being imported from other countries, especially from, in...

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Alberta giving oil/gas producers $2.3 billion over 5 years to cut methane emissions

New regulations take effect in 2020 The Alberta government announced a draft directive to deliver on commitment to cut industrial methane emissions 45 per cent by 2025, according to a press release. A key component of Alberta’s Climate Leadership Plan is reducing methane emissions, which have a climate change impact that is 25 times greater than carbon dioxide over a 100-year period. Methane is an invisible, odourless and combustible gas, a major component of natural gas. It is most often released through equipment and well venting, and fugitive emissions or leaks at oil and gas and energy facilities. Reducing...

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Federal financial interventions, subsidies in US energy markets declined after 2013

In 2016, certain tax provisions yielded positive revenue flow for government, resulting in negative net subsidy of $773 million EIA has updated its report on federal financial interventions and subsidies in energy markets, covering the 2016 U.S. government fiscal year (FY), according to the U.S. Energy Information Administration. Subsidies for many energy categories have declined since FY 2013, when spending related to the American Recovery and Reinvestment Act of 2009 was at or near its highest levels. Between fiscal years 2013 and 2016, direct federal financial interventions and subsidies in energy markets decreased by nearly half, from $29.3 billion in...

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Morgan Stanley commits to finance $250 billion in low-carbon solutions by 2030

Commitment includes clean-tech and renewable energy financing, sustainable bonds, other low-carbon solutions Morgan Stanley announced a new commitment to provide $250 billion dollars in low-carbon financing by 2030, according to a press release. Contributing to this commitment is the firm’s activity in clean-tech and renewable energy financing, sustainable bonds and other transactions that enable low-carbon solutions. As companies, governments and institutions transition to a low-carbon economy, Morgan Stanley says it views low-carbon financing as a win-win for business and the environment. “This announcement reflects Morgan Stanley’s continued commitment to enabling private sector capital to find attractive opportunities in the...

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