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A ConocoPhillips refinery in Wilmington, California.
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The world needs to reduce carbon levels, and one way is through a carbon tax, a strategy the U.S. has been debating for decades.   

With urgent calls to lower greenhouse gas emissions globally, putting a price on carbon was one of the major points of discussion among world leaders at the COP26 conference in Glasgow earlier this month. Consensus on a global carbon price is growing, according to Lord Greg Barker, executive chairman at EN+ and co-chair of the Carbon Pricing Leadership Coalition. 

“We need countries to come together to agree on international standards in order to make that big shift to the low carbon economy,” Barker told CNBC in an interview from COP26 last week. ”It would be much better for the world if there was a common carbon price.” 

As of now, Barker says there are 69 countries with a carbon price ranging from $1 to $139 per metric ton. The U.S. is not one of them.  

Barker told CNBC most economists agree that carbon pricing is the most effective tool there is to transition to a low carbon economy. Carbon pricing shifts the liability for the consequences of climate change to the polluters who are responsible, according to the World Bank.

The Biden administration has outlined $555 billion in spending to confront climate change, though the plan does not address carbon pricing. The bill does include a proposed methane fee incentivizing oil and gas companies to reduce their methane emissions. 

A policy to apply a carbon tax was considered as a “plan B” during negotiations over the current climate package, according to the New York Times, after Biden’s clean electricity program was cut from the spending bill last month.

If the U.S. administration can’t get behind the rest of the world on carbon pricing, there are other ways to follow through with the initiative, says Barker, such as regulations, taxes, and emissions trading. 

The U.S. has considered carbon import fees and emissions trading that would apply to carbon-intensive products imported to the country. “But carbon import fees only make sense if you have some kind of domestic U.S. carbon policy,” says Richard Newell, president of Resources for the Future, a nonpartisan energy and environment research organization.   

He thinks a price on carbon ultimately is achievable as part of U.S. policy as the world grapples with the seriousness of climate change and turns more to financial incentives to reach a low-carbon ecosystem that supports the entire economy.

The Biden administration has a government-wide plan addressing how climate change could affect all sectors of the U.S. economy. The plan was part of a larger agenda to eliminate greenhouse gas emissions in half by 2030 and transition to a net-zero emissions economy.  

“There is also going to be a desire to raise revenue to deal with climate change, and for other public purposes, and carbon pricing does all those things,” Newell said. He added that while an economy-wide carbon fee would be the best solution, the administration could start by applying carbon fees to individual sectors. 

As the U.S. decarbonizes areas like the power sector and automotive sector, Newell says pressure on government regulation will intensify. “There will be an increasing recognition that to really decarbonize the economy, across all sectors, there is going to be a need for some comprehensive policies,” he said.

“There has been a significant shift across the country in terms of the seriousness with which people and legislators are confronting climate change,” Newell said. ”And that will continue to build beyond the focus on particular sectors.”  

The debate over a carbon pricing mechanism right now takes place at a time of rising concerns about inflation and prices at the gas pump that have led to discussions about whether the government should tap the Strategic Petroleum Reserve. The methane fee sparked a debate with some worrying that raising the price of methane would increase electric and heating costs for individual consumers.  

Fears of rising prices for low-income households and increasing costs for businesses will need to be considered. 

“If politicians are smart and anticipate that they need to compensate, say families that might see their bills go up as a result of a carbon price, you can drive [carbon pricing] through,” Barker said.  

In a plan put together by the Climate Leadership Council, a climate advocacy group co-founded by former Secretary of State James Baker, who served in the Bush and Reagan administrations, the idea isn’t to fund government efforts to fight climate. The Climate Leadership Council’s plan outlines that revenue collected from a carbon fee is “to be returned to American households,” said Carlton Carroll, Climate Leadership Council spokesperson.  

“Nothing would do more to accelerate innovation and invest all citizens in a clean energy future than an economy-wide carbon fee, with corresponding dividends for the American people,” Carroll said. 

The group’s carbon dividends plan cites four major benefits to consumers, including an increase in household disposable income nationwide.  

Increasing carbon pricing could be done by taxing greenhouse-gas intensive goods and services, like gasoline, or by taxing carbon emitters individually. The Climate Leadership Council is among groups advocating for pricing carbon-intensive goods as part of a U.S. climate plan, “because it will go further, faster than any other single climate policy intervention,” says Carroll, “while also driving innovation throughout the economy and making families better off financially.” 

Historically, there has been some bipartisan support for a carbon tax. The first carbon pricing proposal was introduced in 1990, and there have been several other propositions since. Though none have passed, Newell said the most recent carbon pricing proposal in Biden’s social safety and climate plan piqued the interest of Congress far more than anticipated. 

The carbon tax proposed as part of the Build Back Better plan would impose a $20 fee per metric ton of carbon.

“I would say there was a surprisingly strong interest in a carbon fee as part of the ongoing budget reconciliation process,” Newell said. 

But Mindy Lubber, CEO of sustainability investment organization Ceres, told CNBC earlier this year that while a carbon tax is one way to prevent the U.S. from being locked into a fossil fuels economy and spur the development of new energy and transportation systems, it has proven controversial in the past, and is a complicated policy tool, making it harder for all sides to reach agreement on, especially in a Senate where the votes are so tight.

A carbon tax could be closer than some people think, says Flannery Winchester, spokeswoman for the progressive Citizens Climate Lobby. ”It has gone from a hopeful idea to one that is on the verge of becoming a reality,” she said.  

The White House and 49 senators were on board with a carbon tax, but not the key vote from West Virginia Democratic Senator Joe Manchin. 

“But there is clearly a lot more consensus than there’s ever been that this policy is effective for meeting America’s climate goals,” Winchester said. 

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Hyundai is testing an interesting-looking new EV [Video]

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2 hours ago

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December 1, 2025

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Hyundai is testing an interesting-looking new EV [Video]

Hyundai-testing-new-Crater-EV

Is this our first look at the Hyundai Crater in action? A new Hyundai EV was spotted testing with a unique design.

Is Hyundai testing a new off-road EV?

Hyundai is at it again. At the LA Auto Show last month, Hyundai unveiled the Crater Concept, a compact off-road electric SUV.

According to Hyundai, the Crater Concept “explores the next evolution” of its extreme-rugged-terrain (XRT) design, sharing design elements with other XRT models, like the IONIQ 5 XRT and Palisade XRT Pro.

Hyundai designed the compact SUV with one clear goal in mind: to create a rugged, capable vehicle that can go anywhere. Hyundai’s design team in Irvine, California, crafted it as the company pushes further into off-road, extreme vehicles.

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Hyundai’s design team added wide skid plates, 33″ off-road tires, tow hooks, limb risers, rocker panels, and a roof platform to give it a truly rugged, go-anywhere attitude.

Although Hyundai has yet to confirm it, the Crater is expected to come to life as a production model. A test car based on the Hyundai Kona was spotted driving in Korea, believed to be an early Crater test mule.

Hyundai-testing-new-Crater-EV
The Hyundai Crater Concept, a compact off-road electric SUV (Source: Hyundai)

The video from our friends at Healer TV shows the vehicle with a unique device mounted on the back, a raised suspension, new wheels, added tow hooks, and a light on the side.

With features similar to those of the Kia EV9 and Genesis GV70 test mules, the reporter believes “there’s a very good chance” the vehicle is an early Hyundai Crater test car.

From the back, you can clearly see the vehicle’s higher ground clearance, and it also has a towing device installed. The test mule does have mufflers, but many automakers, including Hyundai, test new vehicles with fake mufflers and other disguises to hide the design from the public.

Is this our first look at the Hyundai Crater in real life? Let us know your thoughts in the comments. We’ll likely find out more info soon. Check back for updates.


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Up to $13,289 exclusive savings on DELTA Pro Ultra X power station + 18 other offers, MOD e-bike Cyber Monday sale, Lectric, more

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December 1, 2025

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Up to ,289 exclusive savings on DELTA Pro Ultra X power station + 18 other offers, MOD e-bike Cyber Monday sale, Lectric, more


Thanksgiving may be over, but that just means we’re moving into Cyber Monday savings! Today’s Green Deals are jam-packed with power station and e-bike savings, in particular, led by EcoFlow’s latest DELTA Pro Ultra X Portable Whole-Home Backup Power Station (as well as 18 additional series offers) with up to $13,289 exclusive savings to new low prices starting from $174 – plus, EcoFlow’s DELTA Pro Ultra solar bundle and the brand’s latest flash sale. From there, we have a rare sale from MOD Bikes, with the Easy 3 Cruiser e-bike back at a $2,199 low, among others, as well as Lectric’s Cyber Monday Sale, and new low prices on units from Anker SOLIX, Jackery, an EGO Multi-Head combo, and much more waiting for you below. And don’t forget about the hangover deals from last week alongside the latest deals from this week that are collected together in our Black Friday/Cyber Monday Green Deals hub, which we will continue to update through the rest of the week.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Score up to $13,289 exclusive Cyber Monday savings on EcoFlow’s DELTA Pro Ultra X power station + bundles, more from $174

For Cyber Monday, we’ve secured a very special exclusive code from Wellbots that saves our readers an additional 10% on a large selection of offers on EcoFlow’s latest (and largest) backup power solution, with the DELTA Pro Ultra X Portable Power Station (1x inverter + 2x batteries) for $7,199.10 shipped, after using the exclusive code 9TO5CMDPUX at checkout. This is the latest release from the brand, having opened for pre-sale discounts mid-October and officially hitting the market at the top of November carrying a $10,597 MSRP, which starts off lower at $8,299 here at Wellbots. Aside from the initial $1,000 pre-sale promotional discount, we’ve only seen this model taken down to $7,999 in early and full Black Friday sales from the brand, with this exclusive deal giving you a larger-than-ever, combined $1,100 off Wellbots’ starting rate ($3,398 off its MSRP) for the lowest price we have tracked. Head below to learn more about it and check out the 18 other offers for this system.

The EcoFlow DELTA Pro Ultra X power station is an even more capable home backup solution than its predecessor, starting with a 12,288Wh LiFePO4 battery capacity that can expand to 180kWh, which is twice as large a maximum as its predecessor’s final expanded capacity. Its power output also expands along with the system, going from 12,000W to 36,000W, complete with all the port options you could need to power devices, appliances, RVs, EVs, and much more. Among those options, you’ll also gain the greatest of the brand’s home backup capabilities here when paired alongside the Smart Home Panel 3 (which is included amongst the offers below).

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You’ll have plenty of options to recharge the station, including the usual AC outlet option, as well as with up to its 10,000W solar input max, gas generators, with a level 2 EV charging station, and through a Smart Home Panel from the grid or solar – or both simultaneously. Speaking of the Smart Home Panel 3, it’s a 200A hub for your home systems that covers up to 32 different circuits once installed, giving you emergency options to cut non-essential loads across your home should the grid ever go down unexpectedly.

***Note: Be sure to use the exclusive code 9TO5CMDPUX at checkout to score the additional 10% discount that gives you the prices seen below.

Exclusive Wellbots EcoFlow DELTA Pro Ultra X deals:

man and woman riding MOD Easy 3 e-bikes down road

MOD Bikes offers rare Black Friday/Cyber Monday e-bike discounts to lows starting from $1,799 (Up to $400 off)

It’s the final day of MOD Bikes’ Black Friday/Cyber Monday Sale event with up to $400 rare discounts across its e-bike lineup, including one of my favorite rides of all time: the Easy 3 Cruiser e-bike at $2,199 shipped. There are also its sidecar counterparts, the Easy 3 SideCar e-bike at $3,499 shipped and the newer Easy SideCar Sahara also at $3,499 shipped – both down from $3,899. The standard Easy 3 e-bike dropped from its $3,499 MSRP to $2,399 during last year’s Black Friday season, which we stopped seeing the brand offer discounts for (alongside its entire lineup) back in spring, likely due to tariffs, but we’re getting a rare discount to its lowest tracked price here today, saving you $200 (and $400 off the SideCar variants to their lowest prices).

You learn more below and browse the entire sale lineup, as well as get my in-depth experience in my hands-on review here.

If you want to learn more about this particular model, you can get an in-depth experience in our hands-on review here, or check out our coverage of the full sale lineup here.

EcoFlow DELTA Pro Ultra power station outside next to solar panels

Get EcoFlow’s DELTA Pro Ultra power station + a FREE 400W solar panel at a new $3,449 Cyber Monday low ($2,350 off)

With Cyber Monday in full swing, over at Wellbots you can score the DELTA Pro Ultra Portable Whole-Home Backup Power Station with FREE 400W solar panel for $3,449.08 shipped, after using the code ECOBF8 at checkout, beating out the brand’s direct sale pricing that would cost you $4,178 with the event’s extra savings code. This monstrous bundle is dropping down from its $5,799 full price to $3,749, which already starts $50 under the previous low, but the deal gets all the sweeter thanks to the additional $300 that the extra savings code gets you. That’s $2,350 in total Cyber Monday savings, landing it at a new all-time low price.

You can learn more about this whole-home backup power solution in our original coverage of this deal here.

promotional Cyber Monday banner for Lectric e-bike sale
man and woman make coffee with power from Anker SOLIX C1000 Gen 2 power station
EcoFlow DELTA 2 power station surrounded by plants in window
man riding bike with Jackery Explorer 240D power station
EGO Power+ Multi-Head Cyber Monday deal

Best Fall EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.


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Lucid (LCID) calls out rivals as the 2026 Air remains the most efficient EV in the US

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5 hours ago

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December 1, 2025

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Lucid (LCID) calls out rivals as the 2026 Air remains the most efficient EV in the US

Lucid-Air-most-efficient-EV

Lucid Motors (LCID) is calling out the competition after the 2026 Air remains the most efficient EV in the US according to new EPA rankings.

2026 Lucid Air remains most efficient EV in EPA rankings

It has been 9 years since Lucid introduced the +400-mile-range Air, its first luxury electric sedan. Since then, the California-based EV maker has come a long way, introducing its first electric SUV, the Gravity, and plans to launch a series of more affordable midsize vehicles, starting later next year.

Lucid’s former CEO, Peter Rawlinson, who was a top engineer at Tesla before joining the luxury EV startup in 2013, promised the company’s innovations would be “the key to unlocking greater efficiency,” and ultimately, more affordable vehicles.

Rawlinson was not kidding. The 2024 Lucid Air Pure was deemed the “world’s most efficient car” with a record 5 miles of range per kWh and a 146 MPGe rating, the highest rating ever given to an EV by the EPA.

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Even with a slate of new EVs hitting the market, many claiming next-level efficiency, the Lucid Air is still ahead of the pack.

Lucid-Air-most-efficient-EV-2026
The 2026 Lucid Air (Source: Lucid)

According to new EPA rankings, the 2026 Lucid Air Pure RWD (with 19″ wheels) remains the most efficient EV in the US with a 146 MPGe rating.

The Air beat out the 2026 Tesla Model Y Standard RWD (138 MPGe), 2026 Tesla Model 3 Premium RWD (137 MPGe), 2026 Toyota bZ (131 MPGe), and the 2026 Mercedes-Benz CLA250 Plus EV (126 MPGe).

Lucid’s communications boss, Nick Twork, shared the news on social media, saying the Air “delivers “S-Class size with unmatched efficiency.”

While many automakers tout EV range using more lenient WLTP or CLTC test cycles, Twork said Lucid’s advantage “comes from a holistic engineering approach” that was designed years ago and “still ahead of any passenger car sold today.”

Electrek’s Take

By developing electric vehicle components from the ground up, including the powertrain, battery systems, and software, Lucid has an advantage over many legacy automakers that rely on third parties to outsource.

For one, Lucid’s innovations are already driving down costs. The first Lucid Air Dream Edition, launched in 2021, started at $169,000. Today, you can snag the Lucid Air for as low as $70,900.

Lucid is now ramping production of its first electric SUV, the Gravity. Last month, it launched the lower-priced Gravity Touring trim, starting at $79,900.

Starting later next year, Lucid will begin production of its midsize platform, which will spawn at least three “top hats” priced around $50,000. The first will be a midsize crossover SUV, followed by a more rugged SUV that will share design clues from the Gravity X concept. Although it’s yet to be confirmed, the third is expected to be a midsize sedan that could go head-to-head with the Tesla Model 3.

Rawlinson previously said Lucid’s midsize vehicles are aimed “right in the heart of Tesla Model 3, Model Y territory.”

After reporting Q3 earnings last month, Lucid said it had enough liquidity to fund it through the first half of 2027 and confirmed it’s on track to begin production of the midsize platform in late 2026.

Ready to test Lucid’s luxury EVs for yourself? Lucid is running a Cyber Monday Special, offering $2,000 toward an Air or $3,000 toward a Gravity. Check out the links below to find Lucid Air and Gravity models in your area.


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