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White House alarm rises over Europe as Putin threatens energy supply | WaPo | Biden aides have redoubled efforts to increase natural gas exports across the Atlantic but see few obvious solutions White House officials are growing increasingly alarmed about Europe's energy crisis and Russian President Vladimir Putin's threats to force a bleak winter on the continent. Seeking to punish Russia for the invasion of Ukraine and force a retreat, Western allies have moved to set a cap on what buyers pay for Russian oil. Putin last week said Russia would retaliate by cutting off gas and oil shipments, which could devastate Europe's economy and hurt the United States by sending global energy prices soaring.
Biden aides have redoubled efforts to increase natural gas exports across the Atlantic but see few obvious solutions
White House officials are growing increasingly alarmed about Europe's energy crisis and Russian President Vladimir Putin's threats to force a bleak winter on the continent.
Seeking to punish Russia for the invasion of Ukraine and force a retreat, Western allies have moved to set a cap on what buyers pay for Russian oil. Putin last week said Russia would retaliate by cutting off gas and oil shipments, which could devastate Europe's economy and hurt the United States by sending global energy prices soaring.
Soaring energy costs could threaten future of electric cars, experts warn | Electric, hybrid and low-emission cars | The Guardian [_link]— Kate Connolly (@connollyberlin) September 12, 2022
Soaring energy costs could threaten future of electric cars, experts warn | Electric, hybrid and low-emission cars | The Guardian [_link]
Could Germany scrap EV incentives? | Autovista24 - June 21, 2022 | The German government is grappling with new debt following the war in Ukraine and the COVID-19 pandemic, with the German finance minister Christian Lindner (FDP) eager to scrap electric-vehicle (EV) incentives - including for fully-electric cars. Lindner said the money for EV subsidies could be used more sensibly, allowing the state to save billions. Next month, the German cabinet wants to decide on its draft budget. 'To combat inflation, the state must end politics on credit,' he said. 'From now on, generating wealth must be more important than distributing it. We simply can no longer afford misguided subsidies.' He went on to say that 'if it is up to me, the purchase premiums for battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs) will be abolished.'
The German government is grappling with new debt following the war in Ukraine and the COVID-19 pandemic, with the German finance minister Christian Lindner (FDP) eager to scrap electric-vehicle (EV) incentives - including for fully-electric cars.
Lindner said the money for EV subsidies could be used more sensibly, allowing the state to save billions. Next month, the German cabinet wants to decide on its draft budget.
'To combat inflation, the state must end politics on credit,' he said. 'From now on, generating wealth must be more important than distributing it. We simply can no longer afford misguided subsidies.'
He went on to say that 'if it is up to me, the purchase premiums for battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs) will be abolished.'
German finance minister says `nein' to softening EU debt rules amid crisis | Politico | 'Sapere aude'
Electric vehicles to dominate sales five years sooner than expected | EY analysis - June 23, 2021 | Combined electric vehicle sales in the US, China and Europe to outstrip all other engine sales by 2033 By 2045, non-EV sales will shrink to less than 1% of overall sales Europe is expected to lead EV sales volumes until 2031, with China taking the lead from 2032 to 2050 Electric vehicle (EV) sales in the US, China and Europe will outstrip all other engines five years sooner than previously expected, according to new EY research and analysis. The figures come as EY launches the EY Mobility Lens Forecaster, an artificial intelligence (AI) powered forecast modeling tool that provides an outlook for the supply and demand of mobility products and services through 2050. The latest predictions show that by 2028 EV sales in Europe will surpass those of other powertrains, a trend that will be repeated in China by 2033 and in the US by 2036. The analysis also shows that by 2045, non-EV sales will shrink to less than 1% of overall sales. In terms of EV sales volumes, Europe is expected to lead the way until 2031, with China taking the lead from 2032 to 2050.
Electric vehicle (EV) sales in the US, China and Europe will outstrip all other engines five years sooner than previously expected, according to new EY research and analysis. The figures come as EY launches the EY Mobility Lens Forecaster, an artificial intelligence (AI) powered forecast modeling tool that provides an outlook for the supply and demand of mobility products and services through 2050.
The latest predictions show that by 2028 EV sales in Europe will surpass those of other powertrains, a trend that will be repeated in China by 2033 and in the US by 2036. The analysis also shows that by 2045, non-EV sales will shrink to less than 1% of overall sales. In terms of EV sales volumes, Europe is expected to lead the way until 2031, with China taking the lead from 2032 to 2050.
Germany's EV Share Cold Comfort Against 34% Shortfall In Overall Auto Market 'Sapere aude'
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