Up until five days ago, car buyers had to wait until they filed their federal income taxes to receive the benefits of the federal electric vehicle (EV) tax credit. However, changes to EV tax breaks.
Led by new solar power, the world added renewable energy at breakneck speed in 2023, a trend that if amplified will help Earth turn away from fossil fuels and prevent severe warming and its effects. China, Europe, and the U.S. each set records for a single year, according to the International Renewable Energy Agency. China’s additions dwarfed those of all other countries. By the end of 2023, the world will also have added enough wind energy to power nearly 80 million homes, making it a record year. And one in five cars sold across the globe this year is expected to be electric. That meant it also turned out to be another banner year for batteries.
Led by new solar power, the world added renewable energy at breakneck speed in 2023, a trend that if amplified will help Earth turn away from fossil fuels and prevent severe warming and its effects.
Led by new solar power, the world added renewable energy at breakneck speed in 2023, a trend that if amplified will help Earth turn away from fossil fuels and prevent severe warming and its effects. Clean energy is often now the least expensive, explaining some of the growth. Nations also…