The United States and the European Union will negotiate a revised trade agreement that could allow European manufacturers to receive U.S. tax credits for producing critical minerals such as lithium and nickel for electric car batteries. Following a March 10 meeting at the White House between President Joe Biden and European Commission President Ursula von…
Biden May Give European Automakers US Tax Credit for Battery, Critical Mineral Production
March 11, 2023
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Michigan State Legislators Reject Tax Benefits to Ford’s New Battery Plant
March 11, 2023
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MARSHALL, Mich.—Michigan House Freedom Caucus held a press conference on Saturday to object to using taxpayer dollars to fund the new Ford electric vehicle battery plant. Two days ago, the state appropriated $630 million for the project that sees Ford partnered with a Chinese EV battery maker with ties to the Chinese Communist Party (CCP)….
Gas Prices Surge in New Jersey, Around Nation
Trenton, N.J. — Gas prices surged in New Jersey and around the nation at large, but analysts say the increase could be short-lived amid a recent drop in demand and the cost of crude oil. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.30, up…
Manchin Calls Out Podesta’s Remarks About China Being ‘Big Players’ in US EV Battery Production
March 11, 2023
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Sen. Joe Manchin (D-W.V.), the centrist Democrat who has been highly critical of Biden administration energy policy, released a statement on March 10 in which he called “beyond irresponsible” clean energy czar John Podesta’s remarks that day that Chinese companies will be “big players” in U.S. domestic production of EV batteries. Podesta made the comments at…
Gas Ranges Targeted in Class Action Suit Against LG
March 10, 2023
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A class action suit filed in California alleges LG Electronics USA, Inc. sold gas range stoves in the United States without properly notifying customers of toxic emissions prior to their purchases. The suit comes as the industry faces attacks and efficiency proposals by the Biden administration that would remove up to half the current gas range…
The Weakening Electric Grid: Less Reliable, More Fragile
As more and more irritated customers become certain that power shortages and blackouts have become more common, the electric grid’s problems receive more attention. They should. Shortages and blackouts have in fact become much more common than they once were. The electric power grid has become increasingly fragile and considerably less reliable. This is especially…
People Will Not Abandon Lifestyle for the Sake of Climate Change: Bill Gates
March 10, 2023
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Billionaire Bill Gates dismissed the possibility of people making significant changes to their lifestyle, like giving up meat and becoming vegetarians for the sake of countering the alleged effects of climate change. “I don’t think we can count on people living a impoverished lifestyle as a solution to climate change,” Gates said at an event…
Bill Gates Admits Cold Truth About Climate Change
March 10, 2023
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Billionaire Bill Gates dismissed the possibility of people making significant changes to their lifestyle, like giving up meat and becoming vegetarians for the sake of countering the alleged effects of climate change. “I don’t think we can count on people living a impoverished lifestyle as a solution to climate change,” Gates said at an event…
Republican Bill Seeks to Boost Domestic Energy Production, Lower Costs for American Families
House Majority Leader Steve Scalise (R-La.) has announced a new reform package aimed at restoring America’s energy independence and protecting American families’ hard-earned dollars amid soaring energy costs. H.R. 1, known as the Lower Energy Costs Act, includes a string of energy policy proposals aimed at streamlining and expediting energy infrastructure and exports, cutting red-tape regulations to open up pipelines,…
Oil Prices Set for 5 Percent Weekly Drop on US Rate Hike Jitters
March 10, 2023
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LONDON—Oil fell for a fourth session on Friday, heading for its biggest weekly loss in five weeks on worries about the prospect of steep interest rate hikes in the United States hitting fuel demand. Brent dipped 41 cents, or 0.5 percent, to $81.18 a barrel by 0852 GMT. U.S. West Texas Intermediate crude (WTI) was…
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