Climate Policy Outlook: Tesla's Shoes Are About to Be Filled
The Biden administration opens the coffers to stimulate the development of EV charging infrastructure; Vermont is making
Greenbiz 11:28 am on June 3, 2024
Leah Garden reports that the Biden administration's $1.3 billion CFI program will foster EV charging infrastructure, allowing competitors to enter Tesla's market. Vermont imposes fines on oil companies for decades of environmental damage. The 2023 Farm Bill passed with bipartisan support but faces challenges; California advances plastic bag and PFAS restrictions.
- Biden administration's CFI program: $1.3 billion EV charging infrastructure grant.
- Vermont oil damage fines: Oil companies pay for two decades of environmental harm.
- 2023 Farm Bill: Bipartisan passage with hurdles ahead and PFAS bill advancement in California.
- EV market competition: Tesla's rivals gain opportunity amidst a reduced presence of the EV giant.
- Climate initiatives: Legislative steps towards sustainability and circularity in various sectors.
https://www.greenbiz.com/article/climate-policy-outlook-teslas-shoes-are-about-be-filled