Connect with us

Published

on

Last week, the US Environmental Protection Agency proposed a plan to delete its scientific finding recognizing that greenhouse gases are harmful to human health. That plan is now up for public comment.

At issue is the EPA’s “Endangerment Finding,” which is the scientific basis of EPA’s regulation of harmful greenhouse gases. The endangerment finding found that greenhouse gases are harmful to human health, recognizing a scientific fact that every serious person has known for a long time – but now it was at least codified into federal procedure.

It focused specifically on carbon dioxide (CO2), methane (CH4), sulfur hexaflouride (SF6), hydroflourocarbons (HFCs), nitrous oxide (N2O), and perfluourocarbons (PFCs, now more commonly known as PFAS or “forever chemicals”), all of which cause climate change and harm humans, and we know this to be the case.

Last week, Lee Zeldin, palced into the position of chief saboteur of the EPA by a convicted felon who sought a billion-dollar bribe from the oil industry while running for an office he is Constitutionally barred from holding, announced that he would repeal this finding, flying in the face of science and public health.

Advertisement – scroll for more content

Zeldin’s stated purpose for attempting to delete this finding is because if the finding is gone, it will allow him to roll back other life- and money-saving vehicle efficiency regulations. He wants to revert those regulations because they constrain the fossil fuel industry – which has given him hundreds of thousands of dollars in bribes over his political career.

The specific regulations that Zeldin has his eyes on are automotive regulations put in place by the EPA under President Biden. According to the government’s own numbers, these regulations stand to save 2,000 lives per year and save Americans over $100 billion dollars per year in fuel and health costs.

In announcing the plan to kill Americans and cost all of us more money, Zeldin was joined by Chris Wright, a former oil CEO who is currently the titular head of the Department of Energy. In April, Wright signed off on a DoE report which said the rollbacks sought by Zeldin would raise gas prices by 76 cents per gallon, showing that the people behind this plan know it will increase your costs and yet are going through with it anyway.

The reason gas prices would rise is because of higher demand. If vehicles are less efficient, not only will they burn more gasoline thus costing you more money and also causing more pollution and higher health costs for everyone, but that gasoline will be more expensive because that’s what happens to prices of products when demand rises.

Wright’s office also offered a new report last week that claims climate change isn’t all that bad, but in doing so it misinterprets data, which the author of one of the cited studies already pointed out that the DoE misinterpreted. So, even the stretched justifications offered for the plan are steeped in the ignorance we have come accustomed to since late January.

So far, this clearly harmful plan has only been proposed, and now it’s open for public comment on regulations.gov, where interested members of the public can leave substantive comments on whether they support the planned regulatory change or not.

The proposal will also receive a virtual public hearing on August 19 and 20, with a potential additional session on August 21 if enough people sign up to testify. More information on that hearing and how to register can be found here, with pre-registration required by August 12 for anyone who wants a 3-minute window to speak on this.

The online public comment period, though, runs from now through September 15. Those public comments can be submitted here. In case you get lost, the docket code is EPA-HQ-OAR-2025-0194. And hopefully the website doesn’t break again like it did this weekend, conveniently right after putting up a plan to kill people and cost them money.

If Zeldin pushes forward with his idea despite the inevitable public opposition to a plan to raise Americans’ costs and make their lives more deadly, the move will likely be caught up in courts for years, wasting Americans’ time and money and jeopardizing American competitiveness as the world rapidly moves towards improving vehicle efficiency without us.

Even if this clearly unwise and probably illegal move loses in court eventually, we still will have lost time in the transition – giving Zeldin’s oil masters some extra runway to sell their poison to us, and ensuring America’s competitors get a leg up in the transition to cleaner technologies while Americans remain forever poorer and sicker as a result of the republican party’s actions.

Public comments on this ridiculous plan are open through September 15. Public comments can be submitted here. In case you get lost, the docket code is EPA-HQ-OAR-2025-0194. EPA has to respond to legitimate concerns during public comment period or else the rule could be voided, so the more substantive your comment, the better.


The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and 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 here.

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

Continue Reading

Environment

Lucid’s (LCID) Gravity SUV has ‘so many orders’ it’s extending the $7,500 EV tax credit

Published

on

By

Lucid's (LCID) Gravity SUV has 'so many orders' it's extending the ,500 EV tax credit

Lucid Motors (LCID) will continue offering the $7,500 federal EV tax credit for Gravity buyers until the end of the year. Lucid’s interim CEO, Marc Winterhoff, said the electric SUV has “so many orders” and it doesn’t want buyers to lose out on the savings.

Are orders for Lucid’s Gravity SUV picking up?

Apparently, demand for Lucid’s new Gravity SUV is picking up. A recent Automotive News report claimed that Lucid registered just nine Gravity models in its first six months on the market, but the company was quick to shut down the rumors.

Lucid’s communication boss, Nick Twork, told Electrek in an email that the report was “completely inaccurate,” adding “a quick review of social media postings from our customers shows that those numbers are simply not credible.”

According to Twork, Gravity deliveries are “well into the 3-digit range.” In the second half of the year, Lucid expects the SUV to account for the majority of deliveries and production.

Advertisement – scroll for more content

Winterhoff confirmed on Lucid’s second-quarter earnings call that production of the Gravity SUV was “beginning to ramp up” after resolving most of the supply chain issues that had limited output in the first half of the year.

Lucid's-Gravity-SUV-orders
Lucid Gravity Grand Touring in Aurora Green (Source: Lucid)

Since it started offering test drives while adding Gravity models to its studios, Lucid’s interim CEO said the daily order rate for the electric SUV has nearly doubled.

During a new interview with Brew Markets on Tuesday, Winterhoff suggested that the Gravity is quickly attracting buyers. Lucid’s chief confirmed it will honor the $7,500 federal EV tax credit for Gravity buyers until the end of the year “because we have so many orders and we don’t want to tell order holders, you know what, you’re out of luck, we didn’t deliver in time.”

Lucid-Gravity-SUV-orders
The Lucid Gravity (Source: Lucid)

Winterhoff also said that Lucid expects a limited impact on sales from the loss of the credit due to its market position and pricing.

Lucid views the German luxury brands, including Mercedes, BMW, and Audi, as its primary competitors. Although it does view Tesla as a competitor, “we see ourselves a little bit of a notch higher than Tesla,” Winterhoff said, when comparing the interior, materials, and luxury.

Lucid's-Gravity-SUV-orders
The interior of the Lucid Gravity (Source: Lucid Group)

Despite several luxury brands recently pulling back on their electrification plans, like Porsche, Lucid will remain a pure EV company and still believes electrification is the future.

Lucid’s vehicles currently start in the $70,000 to $80,000 range, but the company is working on launching its midsize platform in late 2026, which will bring the price down to around $50,000. The midsize platform will wear at least three “top hats,” including a crossover SUV, a more rugged variant, and a third, rumoured to be a midsize sedan aimed at the Tesla Model 3.

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

Continue Reading

Environment

Trump wants a stake in Nevada’s upcoming lithium mine

Published

on

By

Trump wants a stake in Nevada's upcoming lithium mine

The Trump administration is seeking to acquire a 10% stake in Nevada’s upcoming lithium mine, operated by Lithium Americas (LAC).

Lithium Americas (LAC) has a flagship lithium mining project, Thacker Pass, located in Nevada.

With the Biden administration, the company had secured a $2.26 billion government loan to advance the project to production. However, since taking office, Trump has been attempting to claw back many loans related to the energy transition.

Last night, reports began to circulate about the Trump administration attempting to renegotiate the terms of the loans to include a 10% stake in the project.

Advertisement – scroll for more content

It sent LAC’s stock surging by as much as 80% in after-hours trading.

The reports forced the company to issue a comment. Lithium Americas confirmed being “in discussions” with both the Department of Energy, which issued the loan, and General Motors, which holds a 38% stake in the company and a right to buy the lithium from the mine, about drawing from the loan:

The Company is in discussions with the DOE and General Motors Holdings LLC (“GM”), its joint venture partner in the Thacker Pass lithium project (“Thacker Pass” or the “Project”), regarding first draw on the DOE Loan. The topics of these discussions include certain conditions precedent to draw on the DOE Loan and associated loan specifics, as well as incremental requests from the DOE for potential further conditions to first draw and/or potential amendments to the DOE Loan and associated transaction documents, including corresponding consideration. The Company continues to work with the DOE and GM regarding proposals for a mutually agreeable resolution.

This would be the latest example of the Trump administration taking direct stakes in companies and using “national security” as the reason.

Electrek’s Take

The Biden administration was attempting to establish a North American battery supply chain, but Trump has significantly hindered that effort over the last few months.

However, this is a good move.

The loan would have likely worked as well, but direct ownership is essentially how China operates, and it has worked out quite well for them. There’s a word for this, but Trump’s base hates it.

My main issue with how Trump is doing these market-moving announcements and leaks looks a hell of a lot like insider trading.

Even with this move on LAC, there was suspicious short-term option trading on the stock leading up to this.

The US is in its era of grifters.

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

Continue Reading

Environment

Lithium Americas soars 100% as Trump administration seeks equity stake in Canadian miner

Published

on

By

Lithium Americas soars 100% as Trump administration seeks equity stake in Canadian miner

A Lithium Americas worker processes lithium at the company’s Reno, Nevada R&D lab.

Lithium Americas stock doubled Wednesday as the Trump administration is seeking an equity stake in the mining company, which is based in Vancouver, British Columbia.

The White House proposed the equity stake as Lithium Americas renegotiates the terms of a $2.2 billion loan from the Department of Energy for its Thacker Pass mine in Nevada, a Trump administration official told CNBC. Reuters first reported the equity stake proposal.

Lithium Americas’ shares hit a session high of $6.23, up more than 100% over Tuesday’s close of $3.07. The miner has a market cap of about $1.5 billion.

It is the latest move by the White House to take direct ownership in the mineral supply chain critical to U.S. interests, but the first such stake proposed for a Canadian company. Lithium Americas trades on both the Toronto Stock Exchange and the NYSE but is incorporated and domiciled in Canada.

The Department of Defense took a 15% equity stake in rare earth miner MP Materials in July. Shares of Las Vegas-based MP Materials have more than doubled since the deal.

Thacker Pass in northern Nevada is expected to become one of the largest sources of lithium in North America with the first phase of the project scheduled to start operations in late 2027. The project is a joint venture between Lithium Americas and General Motors.

Lithium Americas has a 62% stake and operates the mine. GM has a 38% stake and has agreed to buy offtake from the mine when it is operational. Lithium is a critical material for electric vehicle batteries.

Lithium Americas and GM had to renegotiate the terms of the loan for Thacker Pass because they did not meet the conditions for the first disbursement, the Trump administration official said. During negotiations with the Department of Energy, they requested to push out part of the loan repayment into later years, the official said.

“If we’re going to push out part of the repayment into later years, then the administration would like a very small stake of equity to create essentially a cash buffer and eliminate some risk on behalf of taxpayers,” the official said.

A deal has not been finalized but the Trump administration supports the project and the discussions are positive, the official said. The investment could need Canadian approval as well given the company’s jurisdiction.

Lithium Americas confirmed Wednesday that it is in talks with the Energy Department and GM on the loan for Thacker Pass. GM declined CNBC’s request for comment.

Interior Secretary Doug Burgum revealed in April that the Trump administration was considering taking equity stakes in miners to back them against state-sponsored competition in China.

Continue Reading

Trending