Connect with us

Published

on

Courtesy of RMI.
By Heather House & Shelby Kuenzli

On October 13, 2021, North Carolina Governor Roy Cooper signed into law the first major piece of climate legislation in the Tar Heel state in recent years. North Carolina House Bill 951Energy Solutions for North Carolina — was passed by both chambers of the North Carolina state legislature with bipartisan support. Being that North Carolina is a battleground or “moderate” state, this legislation speaks volumes about how climate solutions can become ground for both sides to advance priorities.

With the federal clean energy performance plan hanging in the balance, it’s more important than ever for states and local governments to step up and implement climate action plans. Sixteen states thus far have passed laws requiring greenhouse gas emissions reduction, yet the only other Southeastern state to have done so before October 13 was Virginia. Many typically progressive states have yet to pass similar legislation.

This breakthrough law allows North Carolina to transition from having a Clean Energy Plan and carbon reduction targets to having a concrete law with enforceable steps. The law, while not perfect, is an important step forward and a win for the climate. With this legislation in place, the imminent rulemakings of the North Carolina Utilities Commission (NCUC) will be an important focus for stakeholders to shape the implementation of this new law.

Solar panels in North Carolina organic garden, by Cynthia Shahan/CleanTechnica.

What’s in the Law

The Energy Solutions for North Carolina Act is a breakthrough for advocates and stakeholders across the state who have been working for years to advance a clean energy agenda. The Act directs the NCUC to take all reasonable steps to reduce carbon emissions from the electric sector 70 percent by 2030 and 100 percent by 2050. To achieve this goal, the NCUC will have to implement a plan with the electric public utilities including input from stakeholders.

Here are some significant wins from the Act:

  • Of all new solar implemented, 45 percent will have to go through competitive solicitations and must be third-party owned and operated; the other 55 percent will remain utility-owned. This is a win for third-party solar developers and customer rates.
  • All coal retirement expenses shall be at least 50 percent securitized, a step that can reduce the costs to utility customers of accelerated plant retirements.
  • Performance-based regulations were authorized by H951. While this has the potential to be a win, the details of how the implementation shakes out will determine its success.
  • The NCUC will explore on-bill financing of energy efficiency.
  • The NCUC will develop a rider for a voluntary energy program that will allow customers to purchase renewable energy or renewable energy credits. This is posed to be a big win for commercial, industrial, and residential customers, but it remains unclear on whether this program will be inclusive of local governments.

These developments in isolation are wins for the state that stakeholders should be proud of; however, a lot of attention has been centered on the shortcomings of the Act. Consumers and consumer advocates, who are concerned about potential electricity rate increases, preferred 100 percent securitization of coal retirement costs and 100 percent competitive all-source procurement. While these targets were reduced, the passing of this legislation creates major strides forward in the right direction.

North Carolina’s Clean Energy Transition — Wins and Lessons Learned  

While a lot of the legislation was crafted behind closed doors with few stakeholders directly involved, there were a lot of voices that helped influence this legislation that haven’t been historically present in energy or regulation engagements. For example, the Department of Environmental Quality (DEQ) led an inclusive stakeholder process that included local governments, businesses, industries, power providers, technology developers, residents, and others to increase the use of clean energy technologies, energy efficiency measures, and clean transportation solutions. RMI was honored to support DEQ and the state to run this inclusive stakeholder process and summarize the input from these groups that led to the development of the Clean Energy Plan (CEP).

Following the release of the CEP, DEQ and the state demonstrated commendable leadership. They didn’t put the plan on a shelf. Instead, they worked with a broad set of North Carolina stakeholders to explore two of the top CEP recommendations. DEQ was tasked with setting up “key stakeholder groups to design policies that align regulatory incentives and processes with 21st-century public policy goals, customer expectations, utility needs, and technology innovation.”

RMI supported this effort by facilitating a group of North Carolina energy stakeholders, alongside the Regulatory Assistance Project, through the North Carolina Energy Regulatory Process to develop recommendations for policy and regulatory changes. The efforts of these North Carolina stakeholders yielded a variety of policy proposals and proposed legislation that were carried forward into the 2021 legislative session.

Another component that may have contributed to this legislation was stakeholder input received on Duke’s 2020 Biennial Integrated Resource Plan (IRP). RMI, through the American Cities Climate Challenge Renewables Accelerator, in partnership with World Resources Institute, supported 15 North Carolina cities and counties in learning about pathways for elevating their goals and priorities. The local governments from across the state then requested that the NCUC take their clean energy goals into consideration when reviewing the IRP. All of these cities’ concerns became key topics during legislative discussions. This is prime example of the power that local governments have in swaying the clean energy conversation in their state.

The persistent work of cities, stakeholders, and advocates in North Carolina to make their voices, and the voices they represent, heard haven’t gone unanswered. While the resulting legislation in North Carolina may not be ideal from the perspective of all stakeholders, because of their efforts, the law now better supports a cleaner and more equitable energy transition plan.

After Legislation Comes Implementation

While the Energy Solutions for North Carolina Act is a big win for the state and an example of bipartisan climate collaboration, more work is ahead of North Carolina stakeholders. Over the next 180 days, the commission will host several proceedings and rulemakings that will determine the extent to which the Act’s vision is realized. North Carolina stakeholders need to provide input to ensure the ambition of the North Carolina Clean Energy Plan’s main carbon reduction target is met equitably. RMI was pleased to have the opportunity to support North Carolina stakeholders in getting to this point and looks forward to continuing to support them in realizing the law’s target CO2 reductions.

 

Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

 

 


Advertisement



 


Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Continue Reading

Environment

Tesla (TSLA) releases Q3 2025 financial results: earnings decline despite record revenue

Published

on

By

Tesla (TSLA) releases Q3 2025 financial results: earnings decline despite record revenue

Tesla (TSLA) released its financial results and shareholders’ letter for the third quarter (Q4) 2025 after market close today.

We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information.

Tesla Q3 2025 earnings expectations

As we reported in our Tesla Q3 2025 earnings preview yesterday, the Wall Street consensus for this quarter was $26.457 billion in revenue and earnings of $0.55 per share.

It would represent a record quarter in terms of revenue, thanks to record deliveries due to demand being pulled forward into Q3 in the US, amid the end of the federal tax credit for electric vehicles.

Advertisement – scroll for more content

However, the expectations suggest that Tesla’s earnings are continuing to erode despite the positive temporary circumstances of the third quarter.

How did Tesla do compared to expectations?

Tesla Q3 2025 financial results

After the market closed today, Tesla released its financial results for the first quarter and confirmed that it delivered below expectations with earnings of $0.50 per share (non-GAAP), and it exceeded revenue expectations with $28,095 billion during the last quarter.

This is quite disappointing, considering Tesla’s operating income decreased by 40% year-over-year, despite achieving record revenue.

The difference is accounted for by a decrease in gross margin from 19.8% to 18%. In part due to Tesla losing some regulatory credits and lowering prices across most products.

Bulls also can’t explain this by Tesla investing in the future, as capex is significantly down year-over-year.

Nonetheless, the automaker added to its war chest, which now sits at $41.6 billion.

We will be posting our follow-up posts here about the earnings and conference call to expand on the most important points (refresh the page to see the most recent posts):

Here’s Tesla’s Q3 2025 shareholder presentation in full:

Here’s Tesla’s conference call for the Q3 2025 results:

If you are in the US, the next few weeks are likely the last opportunity to secure a solar installation and take advantage of the federal tax credit, which is set to expire.

If you want to make sure you’re finding a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage. EnergySage is a free service that makes it easy for you to go solar – whether you’re a homeowner or renter. They have hundreds of pre-vetted solar installers competing for your business, including those who install Tesla Solar and Powerwalls, ensuring you get high-quality solutions and save 20 to 30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started hereThe company is currently working double time to help people secure solar installations before the end of the tax credit.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Jeep maker Stellantis delays another EV, plans to keep selling the gas version

Published

on

By

Jeep maker Stellantis delays another EV, plans to keep selling the gas version

Jeep and Ram’s parent company, Stellantis, is pushing back two more electric vehicles that were due out next year. The delay is the latest in a series of delays or plans to cancel what were considered key EVs.

Stellantis delays Alfa Romeo Giulia and Stelvio EVs

Add it to the growing list of electric vehicles that have recently been delayed or cancelled altogether. The current gas-powered Alfa Romeo Giulia and Stelvio will live on for at least another year in the US.

Initial plans called for both to arrive as next-gen variants in 2026, offered exclusively with electric powertrains. Stellantis is now delaying the EV versions for another year and will continue selling the current models until Alfa Romeo is ready to adopt the STLA Large platform.

Stellantis CEO Santo Ficili announced the news during a presentation for the updated Tonale SUV, according to a report from Motor1.

Advertisement – scroll for more content

The Giulia and Stelvio have been on sale in the US for a decade now and are still based on the same Giorgio platform they arrived with.

Stellantis-EV-delays
2025 Alfa Romeo Giulia (Source: Stellantis)

Stellantis is delaying the EV variants to give Alfa Romeo more time to fit the next-gen Giulia and Stelvio on the STLA Large platform with gas engines. Although it’s not confirmed, the replacements will likely use the same twin-turbo inline-six “Hurricane” as the Dodge Charger Sixpack.

The announcement follows Stellantis’ decision to cancel Ram’s first electric pickup, the Ram 1500 REV. Instead, Ram will focus on the range-extended version.

Stellantis-EV-delays
2025 Alfa Romeo Stelvio (Source: Stellantis)

Stellantis also cut the base R/T trim from the Dodge Charger EV lineup and reportedly shelved plans for a range-topping SRT Banshee model.

Ram and Jeep plan to bring back the HEMI engine for the Ram 1500 and Wrangler Rubicon 392, while the 2026 Dodge Durango will be exclusively available with a HEMI.

While Stellantis is shifting plans, at least one EV is still on track. Jeep’s CEO Bob Broderdorf confirmed the Recon EV, its “Wrangler-inspired” electric off-roader, will debut soon with sales starting next Spring.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Tesla’s Autopilot safety data is getting worse

Published

on

By

Tesla's Autopilot safety data is getting worse

Tesla has released its latest Autopilot safety report, and the limitations are still presented misleadingly; however, one clear thing is that the data is worsening.

Tesla notoriously doesn’t release any relevant data to prove the safety of its ADAS systems: Autopilot and Full Self-Driving (Supervised).

The only thing the automaker releases is its quarterly “Autopilot safety reports”, which consist of Tesla releasing the miles driven between crashes for Tesla vehicles with Autopilot features turned on, and comparing that with the miles driven by vehicles with Autopilot technology with the features not turned on, as well as the US average mileage between crashes.

There are three major problems with these reports:

Advertisement – scroll for more content

  • Methodology is self‑reported. Tesla counts only crashes that trigger an airbag or restraint; minor bumps are excluded, and raw crash counts or VMT are not disclosed.
  • Road type bias. Autopilot is mainly used on limited‑access highways—already the safest roads—while the federal baseline blends all road classes. Meaning there are more crashes per mile on city streets than highways.
  • Driver mix & fleet age. Tesla drivers skew newer‑vehicle, higher‑income, and tech‑enthusiast; these demographics typically crash less.

With all these flaws in Tesla’s quarterly Autopilot safety reports, the primary value lies in comparing the miles between crashes with Autopilot features turned on over time.

As we previously reported, even this remains problematic, as Tesla stopped reporting the data for over a year. When it resumed reporting last year, it edited the previously released data.

However, there are reasons to believe Tesla’s data now, as it doesn’t look good for the company.

Here’s Tesla’s latest report for Q3 2025:

In the 3rd quarter, we recorded one crash for every 6.36 million miles driven in which drivers were using Autopilot technology. For drivers who were not using Autopilot technology, we recorded one crash for every 993,000 miles driven. By comparison, the most recent data available from NHTSA and FHWA (from 2023) shows that in the United States there was an automobile crash approximately every 702,000 miles.

It’s now the third quarter in a row where Tesla had a year-over-year decline in mileage between crashes:

The data deteriorated enough that Tesla had to give up its misleading claim that “Autopilot is safer than human by 10x” and now says “9x” instead:

The comment is still misleading for the previously mentioned reasons and should be labeled as “Autopilot + human driver” as it requires driver attention at all times.

There’s no way to know how many accidents human drivers prevented during Autopilot mileage.

Electrek’s Take

Again, I have to emphasize that this report only has value when you compare the Autopilot mileage against itself over time.

It’s also important to compare the same periods year-over-year as accidents are more common during the winter due to people driving more often after dark and in more difficult conditions.

Therefore, the only important thing that this report highlights is that Autopilot is getting worse.

Shouldn’t that be worrying? Shouldn’t Tesla address that instead of falsely claiming it means Autopilot is 10x, 9x safer than humans?

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending