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Governors' Biofuels Coalition
NEWS UPDATE May 23, 2022

Top Stpry

Biden under pressure to declare climate emergency

By Scott Waldman, E&E News  •    •  Posted May 23, 2022

A growing number of Democrats are concerned they have little to offer voters on climate in November’s midterm elections. So they want President Joe Biden to meet the world’s rising temperatures with a little fire of his own — by declaring a national climate emergency. “This is a clear shot to get something done, I don’t see a better way to harness the energy and the focus on climate than this,” said Rep. Earl Blumenauer (D-Ore.), who has been leading the effort in Congress to get the White House to act. [ read more … ]

Biden Administration

EPA air nominee faces high-stakes confirmation hearing

By Sean Reilly, E&E News  •    •  Posted May 23, 2022

As Joe Goffman prepares for a pivotal Senate hearing this week on his bid to head EPA’s air office, some traditional alliances have scrambled in his favor, courtesy of both the politics of climate change and relationships forged over decades in the trenches of federal environmental policymaking. Whether they’re scrambled enough for him to win Senate confirmation remains an unsettled question. [ read more … ]

Markets

Even as gas prices rattle economy, Americans can’t stay off the road

By Evan Halper, The Washington Post  •    •  Posted May 23, 2022

The shocks of high gasoline costs are ricocheting through the economy, and industry analysts see little relief on the horizon. Retailers and trucking companies are in a state of high anxiety over worsening diesel shortages that may lead to intermittent rationing in some places. Similar worries are gripping the airline industry as jet fuel becomes more scarce. Manufacturers are wrestling with the cost of plastic packaging, which is made from the same crude oil in high demand for gasoline. Even boaters are weighing whether they should delay putting their vessels in the water, now that filling their tanks can run hundreds of dollars more. [ read more … ]

The Consumer Fuel Price Gouging Prevention Act, explained

By Natasha Ishak, Vox  •    •  Posted May 23, 2022

The Consumer Fuel Price Gouging Prevention Act is comprised of a few main components: Firstly, the legislation would allow the president to declare an energy emergency effective for up to 30 days, though that declaration could be renewed. During that energy emergency period, it would become unlawful for any person to sell consumer fuel at a price that is “unconscionably excessive” or that suggests exploitative practices. [ read more … ]

EVs

The $15,000 EV Is Here and It’s Cute. But Only in Japan for Now

By Tsuyoshi Inajima, Bloomberg  •    •  Posted May 23, 2022

Nissan Motor Co. and Mitsubishi Motors Corp. unveiled two new electric mini vehicles, betting consumers will embrace a battery-powered take on the well-loved class of tiny, affordable Japanese cars. Marking a key push into an less-served part of the EV market that could help spur wider adoption, the chiefs of the two carmakers took the wraps off Nissan’s Sakura and Mitsubishi’s eK X EV on Friday. The two small, boxy EVs are set to go on sale in Japan this summer at a starting price of less than $15,000. [ read more … ]

Electric Cars Are Cheaper to Own in New Jersey Than California

By Dimitra Kessenides, Bloomberg  •    •  Posted May 23, 2022

According to Energy Innovation’s analysis, the electric versions of the Kona SEL and the F-150 are cheaper to own in every state across the country  — on average 8.5% and 12.3% less, respectively. “I am surprised at how economic some of the vehicles are,” Orvis says. “The fact that two of the models, including the F-150, were cheaper in every single state, I didn’t expect to see that.” Orvis cautions that “the big picture numbers aren’t reflective of how people pay for their vehicles. When you finance a car purchase, it’s a lot more manageable.” [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.