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Clean electricity standard lands spot in $3.5 trillion Democratic-backed infrastructure deal


Clean electricity standard lands spot in $3.5 trillion Democratic-backed infrastructure deal
Source: By Scott Voorhis, Utility Dive • Posted: Thursday, July 15, 2021
A clean electricity standard, which would require utilities across the country to slash emissions, will be part of a broad $3.5 trillion infrastructure deal Democrats hope to pass by budget reconciliation, according Sen. Tina Smith, D-Minn.
The Biden administration wants Congress to pass a clean electricity standard, but is also prepared to pursue efforts to push utilities to ratchet down their emissions through the federal regulatory process should a national standard fail to make the final bill, according to Gina McCarthy, the White House’s national climate adviser. ....

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Nissan CEO says $1.4 billion U.K. electric vehicle hub 'just a start'


Jul 14, 2021
Nissan Motor Co.’s announcement earlier this month that it will create a ¥153.5 billion ($1.4 billion) hub to manufacture electric vehicles in the United Kingdom is just the beginning as the automaker pushes ahead with plans to electrify its fleet, Chief Executive Officer Makoto Uchida has said.
The U.K. project “is a start in our electrification strategy,” Uchida said in an interview Tuesday during the Bloomberg Sustainable Business Summit. The Japanese company will look to build its EV prowess in other core markets as well, he said, declining to provide specifics on the location and timing of those investments. ....

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