Tag: NRLPA:OENR
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Manchin threatens to sue US Treasury over EV tax credit rules
WASHINGTON, March 29 (Reuters) – Senate Energy Committee Chairman Joe Manchin said on Wednesday he could go to court after the US Treasury Department released guidelines on battery procurement for electric vehicle tax credits later this week. “If it goes off the rails” and goes against the intent of climate legislation passed in August, “I […]
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U.S. battery sourcing guidelines to cut some EV tax credits — official
WASHINGTON, March 29 (Reuters) – The long-awaited guidance from the US Treasury Department regarding battery procurement requirements for electric vehicle tax credits expected by Friday will result in fewer vehicles receiving full or partial credits, a US official told Reuters. In December, the Treasury Department decided not to release its proposed battery procurement guidelines until […]
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‘No excuse’: IEA tells energy companies if methane emissions rise
LONDON, Feb. 21 (Reuters) – The fossil fuel industry is failing to address methane emissions despite its commitments to expose and repair leaking infrastructure, according to a report from the International Energy Agency (IEA) published Tuesday. In 2022, the global energy industry released about 135 million tons of methane into the atmosphere – a potent […]