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Koch Industries Lobbies Against Electric Vehicle Tax Credit

By Dana Drugmand

Koch Industries is calling for the elimination of tax credits for electric vehicles (EVs), all while claiming that it does not oppose plug-in cars and inviting the elimination of oil and gas subsidies that the petroleum conglomerate and its industry peers receive.

Outgoing Nevada Republican Senator Dean Heller introduced a bill in September that would lift the sales cap on electric vehicles eligible for a federal tax credit, and replace the cap with a deadline that would dictate when the credit would start being phased out.

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Renewable Energy

Solar energy panels and wind turbines in Shanghai, China. Chinaface / Getty Images

Facebook Joins 100% Renewable Energy Revolution

Facebook announced Tuesday it will slash greenhouse gas emissions by 75 percent and transition global operations to 100 percent renewable energy by the end of 2020 in efforts to "help fight climate change."

Similarly, Tesla CEO Elon Musk tweeted over the weekend that his company's enormous Gigafactory in Sparks, Nevada will run entirely on Tesla Solar by the end of 2019.

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Renewable Energy
Powerwall residential battery with solar panels. Tesla

Tesla's Massive Virtual Power Plant in South Australia Roars Back to Life

Tesla's plans to build the world's largest virtual power plant in South Australia will proceed after all.

The $800 million (US $634 million) project—struck in February by Tesla CEO Elon Musk and former South Australian Premier Jay Weatherill—involves installing solar panels and batteries on 50,000 homes to function as an interconnected power plant.

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Renewable Energy
Nissan Energy Solar

Driving on Sunshine: Nissan Rolls Out Solar + Storage System

Nissan, the maker of the world's top-selling electric vehicle, officially rolled out on Thursday a seamless solar energy and battery storage system for homes in the UK.

The venture, called Nissan Energy Solar, allows homeowners to generate, store and charge EVs with their own renewable energy, which can reduce household energy bills by an estimated 66 percent, the company touts.

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Renewable Energy
Tesla's Powerpack battery system in South Australia is charged by a nearby wind farm. Tesla

Tesla's Giant Australian Battery Saved Consumers $35 Million in Four Months

Since switching on in December, Tesla's massive battery in South Australia has already drastically lowered prices in the region's frequency and ancillary services market (FCAS) and has taken a major share of that market, Renew Economy reported.

During Australian Energy Week, McKinsey and Co. partner Godart van Gendt boasted about the stunning efficiency of the 100-megawatt Powerpack system, which is connected to Neoen's Hornsdale wind farm.

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Tesla's Powerpack system in South Australia. Tesla

Tesla Vies to Build World's Largest Battery Again

Tesla has already built the world's largest battery in South Australia, a lightning-fast system that switched on in December and recently saved the energy market millions during an outage.

Now, the Elon Musk-headed venture is vying to build another massive Powerpack system in Colorado for Xcel Energy Inc., an electric utility operating in eight Western and Midwestern states.

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Elon Musk: We Must Colonize Mars for Humanity to Survive the 'Dark Ages'

In the event of World War III, the only way for humanity to survive is to colonize Mars or the moon, according to Elon Musk.

"I'm not predicting that we're about to enter the dark ages, but there's some probability that we will, particularly if there's a third world war," the SpaceX and Tesla founder said during a question and answer session at the South by Southwest (SXSW) Conference in Austin on Sunday ahead of President Donald Trump's possible nuclear talks with North Korean leader Kim Jong-un.

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Tesla's Gigafactory 1 photographed in January 2017

Tesla Installing World's Largest Solar Rooftop on Nevada Gigafactory

Tesla has started building a massive rooftop solar array on top of its Gigafactory 1 (GF1) outside Sparks, Nevada.

Once finished, the 70-megawatt system will be the largest in the world by far; the current record-holder is the comparatively shrimpy 11.5-megawatt array in India that can power 8,000 homes.

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Renewable Energy
A home with a Powerwall 2 and solar panels. Tesla

World's Largest Virtual Power Plant Coming to Australia in Deal With Tesla

South Australia—already home to the world's largest battery—will soon host the world's largest virtual solar plant under a landmark plan from Tesla CEO Elon Musk and the state government.

The plan involves installing a 5-kilowatt solar system and a Tesla Powerwall 2 battery on roughly 50,000 homes across the state over the next four years. The setup will be installed at no charge to the households and financed through the sale of electricity.

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