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March 12, 2018 at 11:00 AM

Subsidies for Electric Vehicles Favor the Wealthy

by: Wayne Winegarden, Ph.D
Senior Fellow, Business and Economics
Pacific Research Institute

Electric vehicles are heavily subsidized by the federal, state, and local governments. Based on a study I just completed, the federal subsidies are worth over $42.7 billion to their recipients over the lifetime of the programs. They include the federal grant and loan programs for manufacturers, and the consumer tax credits worth $7,500 per consumer.

State and local governments also provide tax credits to purchase electric vehicles (up to $7,500 per consumer), subsidize investments in charging stations, and even offer perks such as access to HOV lanes, access to free vehicle charging, and free meter parking (in Hawaii).

Then there …

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March 6, 2018 at 10:30 AM

Low Income Energy Efficiency: Investments with High Returns

by: John Scicchitano

Energy efficiency is a critical clean energy resource supporting domestic and global efforts to achieve sustainability targets. Investments in energy efficiency also produce high economic returns, and these financial benefits are most likely to drive investment decisions. The social benefits of energy efficiency —especially when applied to low income housing—may be even greater. Social benefits include increased quality and quantity of affordable housing due to lower utility bills, job creation, and improved indoor air quality from reduced emissions.

Since low income housing is older and less efficient, the economic returns from investments in efficiency are particularly high. For example, 85 …

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February 26, 2018 at 10:30 AM

Automakers Shouldn’t Stop at Electrification

by: Nathan Taft
Research Analyst
Fuel Freedom Foundation

It seems like every week another major automaker announces it will “electrify” its vehicle lineup. In just the past few months, Mercedez-Benz, Ford, Audi, Maserati, GM, BMW, and more have committed to electrification by adding more electric vehicle (EV) options to their fleet.

What makes these announcements particularly intriguing is that many of the automakers are following the electrification model of Volvo. They’re not just offering a few brand-new vehicles that run solely on electricity. They’re building plug-in hybrid models that can use both gasoline and electricity, and hyper-efficient models that run solely …

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February 20, 2018 at 11:00 AM

Can Small Modular Reactors Save Nuclear Power?

by: Dr. Andrew C. Kadak
Kadak Associates, Inc.

Given the slow and somewhat painful shutdowns of perfectly good operating nuclear plants due to competitive pressures from low priced natural gas and subsidized solar and wind generation, is there a future for new nuclear power plants? The recent experience of cost overruns and schedule delays associated with the 4 large (1200 Mwe) nuclear plants being built now in Georgia and South Carolina is not reassuring. Actually, the two in South Carolina have been essentially cancelled by the owners due to these cost overruns and lack of electricity demand.

While natural gas is cleaner than coal from an emissions standpoint, …

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February 8, 2018 at 10:28 AM

IMPACT for Energy: Driving Investment in New Technologies

by: Senator Chris Coons (D-DE)
U.S. Senator, State of Delaware
Member, Senate Appropriations
Congressman Ben Ray Luján (D-NM-3)
U.S. Representative, State of New Mexico
Member, Energy and Commerce Committee

Recently, a bipartisan, bicameral bill, the IMPACT for Energy Act, was introduced to establish a nonprofit foundation that will channel private-sector investments that support the creation, development, and commercialization of innovative technologies that address ongoing energy challenges. Today’s energy challenges are complex. Viable energy solutions involve multiple partners in government, industry, and academia. The pace and scale of these projects require partnerships between public and private entities to negotiate all stages of the innovation pipeline. While Research, Development, Deployment, & Diffusion (RDD&D) has long relied on public-private partnerships, the U.S. has experienced investment changes.

RDD&D is essential for driving …

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