With prices surging worldwide for heating oil, natural gas and other fuels, the U.S. government said Wednesday it expects households to see their heating bills jump as much as 54% compared to last winter.
The Indiana Economic Development Corp. said it would offer Stellantis up to $19.5 million in conditional tax credits based on the company’s investment and its plan to retrain and retain 660 employees.
Investors are increasingly worried about inflation as oil prices rise and companies continue facing supply problems that increase their costs and force them to raise prices.
Gov. Eric Holcomb joined the governors of Illinois, Michigan, Minnesota and Wisconsin to sign a compact that focuses on making it easier for drivers to find charging stations for their electric vehicles along key corridors in the five-state region.
The nine planned projects stretch across the city. Each connects to existing and planned trails, bike-friendly streets, bus rapid transit lines and city landmarks.
When Ford revealed plans to spend more than $11 billion on the fledgling electric vehicle sector, the automaker chose two states where Republican leaders have criticized the push for green energy and defended fossil fuels.
The HFC provision in the new law was supported by an unusual coalition that included major environmental and business groups, including the National Association of Manufacturers, American Chemistry Council and the Air-Conditioning, Heating and Refrigeration Institute.
Loop, a two-year-old company that collects and sanitizes reusable containers, is partnering with Kroger, Walgreens, McDonald’s, Burger King and Tim Hortons.
The arrangement values Energy Vault at $1.6 billion, a huge sum for a private company that is a relative newcomer in the burgeoning field of renewable energy.
Doing so would require massive changes in U.S. policy and billions of dollars in federal investment to modernize the nation’s electric grid, a new federal report says.
Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast, but the extent will depend on whether refinery shutdowns are prolonged, economists suggested Sunday.
The U.S. government is suing WindStream, which shut down in 2016. It says the company owes $3.12 million in loans that the U.S. Export-Import Bank guaranteed as WindStream was expanding globally.
The Indianapolis-area electric utility claims more than a dozen insurers have refused to indemnify and defend it for coal-ash environmental cleanup that could exceed $177 million at three generating plants.
GM last week recalled Bolt EVs for the third time in nine months because of risk their batteries could catch fire. At stake is what has looked like one of the most promising partnerships in the burgeoning world of electric vehicles.
When IndyGo’s goal of an all-electric bus fleet by 2035 hit a major obstacle, the agency detoured, ordering 27 hybrid buses that are powered with both electricity and diesel.
Manufacturers of large trucks and commercial vehicles are beginning to embrace hydrogen fuel cell technologies as a way forward. So are makers of planes, trains and passenger vehicles. But without advancements, hydrogen cannot yet be considered clean energy.
The Senate dust-up Tuesday reflects long-standing disagreements on Capitol Hill over the benefits of financial incentives to spur the transition to electric vehicles, which make up about 2% of U.S. sales.
Indiana isn’t seeing the intense heat waves and flash-flooding that other parts of the world are experiencing this summer, but models show our winters will dwindle, our summers will have many more days above 95ºF and rainfall will continue to increase.
Declaring the United States must “move fast” to win the world’s automaking future, President Joe Biden on Thursday announced a commitment from the auto industry to produce electric vehicles for as much as half of nationwide sales by the end of the decade.
The project focuses on whether wireless charging could be adapted for highway use, allowing electric vehicles to refresh their batteries while they drive along specially equipped stretches of road.
