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Europe’s EV Boom Faces Grid Challenges | ZeroHedge

Authored by Tsvetana Paraskova via OilPrice.com,

  • Last week, the European Commission proposed an action plan to make sure “electricity grids will operate more efficiently and will be rolled out further and faster.” 

  • Range anxiety has been one of the hurdles to a faster adoption of electric vehicles.

  • Toyota Europe’s chief operating officer Matt Harrison has recently said that Europe still needs work to do in charging infrastructure to reach the tipping point (more…)

Continue ReadingEurope’s EV Boom Faces Grid Challenges | ZeroHedge

The Crippling Economic Costs Of Green Energy Subsidies | ZeroHedge

Authored by Jonathan Lesser via RealClear Wire,

The green energy subsidies in the Inflation Reduction Act (IRA) have been justified by the Biden Administration as a booster of U.S. economic growth and jobs.  But when the subsidies are tallied and the overall impacts evaluated, the IRA is a job and economic growth killer. 

Under the IRA, the lion’s share of subsidies will be paid to wind and solar developers.  The subsidies will not expire until electric industry carbon (more…)

Continue ReadingThe Crippling Economic Costs Of Green Energy Subsidies | ZeroHedge