March 29 Green Energy News « Green Energy Times – GWC Mag

Headline News:

• “China Files WTO Complaint Over US EV Incentives” • From the time President Biden signed the Inflation Reduction Act, it was inevitable. The Chinese empire struck back by initiating dispute settlement proceedings against the US at the World Trade Organization to safeguard its interests in the EV industry, the Chinese mission said. [CleanTechnica]

• “Yellen Plans To Confront China For ‘Unfair’ Clean Energy Subsidies” • US Treasury Secretary Janet Yellen revealed that she intends to warn Beijing that its national underwriting for energy and other companies is creating oversupply and distorting global markets, when she pays the country an official visit. China filed a complaint at the WTO against the US. [OilPrice.com]
• “The EV Revolution Has Passed A Tipping Point” • By the end of last year, sales of electric cars reached 5% or more of the new car market in 31 countries. The trajectory laid out by countries that had reached that point in the past shows that EVs sales can grow from 5% to 25% of new cars in under four years, according to Bloomberg. [CleanTechnica]
• “UK Records ‘Highest Ever Share Of Electricity Generation By Renewables’” • The UK saw its highest ever share of electricity generation by renewables last year, at 51.5%, Government figures show. In energy trend data just released, the Energy Department said this came as fossil fuel electricity generation saw its lowest share on record. [Evening Standard]
• “Governor Proposes Alternative Plan For Reducing Carbon Emissions” • Pennsylvania Gov Josh Shapiro has proposed a plan aimed at reducing power plant carbon emissions while requiring more electricity to come from renewable sources. Pennsylvania would become the first state to adopt its own carbon-pricing program, if the plan passes. [Bay Journal]

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