electric vehicles
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How Political Retaliation Led to the Waste of $50 Billion in Taxpayer Funds
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In 2021, President Biden signed the Infrastructure Investment and Jobs Act (IIJA), a $1.2 trillion initiative aimed at overhauling the nation’s infrastructure. The bill was historic not just in scale but for its inclusion of a climate change mandate. This mandate demonstrates Biden’s commitment to environmental sustainability. The bipartisan legislation…
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How to Accelerate the Electric Vehicle Transition
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The United Nations Environment Programme has assessed that global emissions must drop 7.6% annually from 2020 through 2030 to achieve the Paris Climate Agreement’s goal of limiting temperature increases to 1.5 degrees Celsius above pre-industrial levels. A previous Chicago Policy Review article discussed the critical importance of transportation decarbonization to…
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With the Right Government Incentives, Electric Vehicle Adoption Could Rise
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Over the past decade, the trend of switching to electricity as a power source for everything from cars to space heaters has garnered much attention. With electricity now increasingly being generated from renewable energy sources, the electrification of transportation offers an attractive approach to reducing greenhouse gas emissions and potentially…
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Medium Rare: What’s Cooking in the Rare Earth Element Market?
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Markets for Rare Earth Metals have become increasingly volatile. Six economists project future supply and demand trends.