Posted August 15, 2022
By Ray Blanco
The EV Charging Station Slog
The recent climate and tax bill that made it through the house provides increased incentives for buying electric-vehicle chargers.
Naturally, this will benefit companies that are already rushing to build and install them. However, permitting and supplying issues remain, and these companies will need to see more than just financial support to break more ground.
As it stands, the U.S. currently has around 124,000 public chargers, most of which take several hours to repower a car. Biden aims to have 500,000 chargers built by 2030. To hit those target numbers, serious improvements to supply-chain constraints will need to be made.
Read below for more on that and everything I have my eye on this week…
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The EV Charging Station Slog
Charging manufacturers have felt significant difficulties from the supply-chain issues going on still, especially for computer chips.
This greatly complicates plans to build more charging stations, something that isn’t immediately solvable with increased funding.
But, if the new bill gets passed and Biden signs it into law, there would be upgraded and expanded federal tax credits to help persuade more businesses to buy chargers.
If passed, the new bill will hopefully provide a nice boost for charging companies.
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Subsidies Denied for SpaceX
Speaking of funding, SpaceX was recently denied nearly $1 billion in broadband subsidies…
In a high-stakes decision, federal regulators announced Wednesday that SpaceX will not receive nearly $900 million in subsidies that the company was awarded in December.
The denial cites the fact that its satellite-based service is "still developing technology" and the company "failed to demonstrate its ability to deliver the promised service.
SpaceX has not responded to the recent news yet.
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Generating Currents From Currents
Currently, the ocean is already a destination for offshore wind turbines.
Still, engineers and researchers are looking into turbines that live under the sea, rather than above.
Underwater currents carry plenty of potential for electric energy generation, it would just take careful engineering.
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Sustainable Fuels Could Reduce Airliner Carbon Footprints
With climate change coming more and more into focus, many companies around the world are aiming to reduce carbon footprints.
One of the biggest offenders of carbon emissions is the airline industry… the global aviation industry is responsible for about 2% of all human-induced greenhouse-gas emissions annually.
But there may be a solution by scaling up the production of more sustainable fuels.
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Single Standard Solution in Development to Detect Cyberattacks
As society becomes more and more dependent on technology, cyberattacks become more frequent. To reduce the impact of said attacks, over a dozen companies are working on a method to detect cyberattacks faster.
The companies in the cybersecurity space are developing a single, open standard for sharing data about hacking threats, a project the companies say could help organizations detect cyberattacks more quickly.