Tag

Jennifer Granholm

All articles tagged with #jennifer granholm

energy-and-environment1 year ago

"US Government Allocates Record $6 Billion to Reduce Industrial Emissions"

The U.S. Energy Department has allocated a record $6 billion in federal funding to support 33 industrial projects across 20 states aimed at reducing carbon emissions. The investment, the largest of its kind in U.S. history, will create well-paying union jobs and enhance U.S. competitiveness. The projects, spanning industries such as steel, cement, aluminum, and chemicals, are expected to eliminate 14 million metric tons of pollution annually. This initiative aligns with President Joe Biden's economic policies and job creation efforts, with nearly 80% of the projects located in disadvantaged communities.

electric-vehicles2 years ago

"Biden Administration's Push for Electric Vehicle Infrastructure Funding Amid Reports of Slowing Sales"

Despite reports of slowing electric vehicle (EV) sales and manufacturers dialing back production goals, US Energy Secretary Jennifer Granholm remains optimistic, citing record-setting EV sales in 2023 and a growing demand. The Biden administration is unfazed by the slowdown, emphasizing the increasing availability of public charging stations and the potential for lower EV prices due to oversupply. Granholm also highlighted the progress in achieving President Biden's goal of 500,000 publicly available charging stations by 2030, with an expected 1.2 million by 2030. Additionally, practical tips for those considering EVs include auditing driving habits, exploring charging options, using EV route planners, and renting an EV for a firsthand experience.

politics2 years ago

House GOP Launches Investigation into Granholm's EV Trip

The House Oversight and Accountability Committee is launching an investigation into Energy Secretary Jennifer Granholm's recent EV promotion trip, during which her staff allegedly blocked off an EV charging station. The committee has requested documents and communications related to the trip. The incident in question occurred in Georgia, where a family had to call the police after their access to the charger was blocked. Granholm acknowledged the "poor judgment" of her team and assured that it would not happen again. The committee's letter also criticizes the Biden administration's efforts to expand EV use, invoking the recent strike by the United Auto Workers.

politics2 years ago

House GOP Launches Investigation into Granholm's EV Trip

The House Oversight and Accountability Committee is launching an investigation into Energy Secretary Jennifer Granholm's recent interstate trip to promote electric vehicle (EV) adoption. The probe comes after allegations that departmental staff vehicles blocked off an EV charging station for Granholm's use. The committee has requested documents and communications related to the trip, including the itinerary and names of drivers and passengers. The incident in question occurred in Georgia, where a family seeking to use the charger called the police. Granholm acknowledged the "poor judgment" of her team and assured that it would not happen again. The investigation also raises broader concerns about EVs and the Biden administration's efforts to expand their use.

politics2 years ago

Republicans Investigate Biden's Energy Secretary's Taxpayer-Funded EV Road Trip

Republicans on the House Oversight and Accountability Committee are investigating Energy Secretary Jennifer Granholm's recent electric vehicle (EV) road trip, during which police were called on her and her team. The probe aims to understand the purposes, costs, and consequences of the trip, which Republicans claim was a taxpayer-funded publicity stunt to promote the effectiveness of green energy. The investigation comes after reports that Energy Department staffers used a gas-powered vehicle to block an EV charger, causing a family to call the police. Granholm's office organized the trip to draw attention to the White House's investments in green energy and clean cars.

technology2 years ago

Solving the Road Trip Dilemma: Fast and Dependable Charging for Electric Cars

Energy Secretary Jennifer Granholm embarked on a four-day electric vehicle road trip to draw attention to the need for improved charging infrastructure in the US. However, her journey encountered various charging problems, including a situation where a gas-powered vehicle blocked a charging spot, prompting a frustrated family to call the police. The incident highlights the challenges of transitioning to electric vehicles and the urgent need to address the road trip problem. Carmakers, charging networks, and the US government are investing billions to tackle this issue and ensure a smoother transition to electric vehicles.

technology2 years ago

"Secretary of Energy faces road trip challenge with electric cars"

Secretary of Energy Jennifer Granholm's recent electric vehicle road trip highlighted the challenges of charging infrastructure for non-Tesla electric vehicles. The trip aimed to promote the Biden administration's push for green energy and clean cars, but encountered issues such as broken chargers and limited availability. Concerns about public chargers are the top reason why potential EV buyers are hesitant to switch, and driver satisfaction with public chargers is declining. The government and automakers are working to address the road trip problem by investing in a nationwide network of electric chargers and improving charging technology.

energy2 years ago

Jennifer Granholm's Energy Agenda for Michigan and Beyond

US Energy Secretary Jennifer Granholm discussed Michigan's potential for clean energy technologies and their ties to manufacturing, jobs, and the environment at the Detroit Free Press "Breakfast Club" speaker series. Climate activists protested outside the event, calling for the US to move away from fossil fuels. Granholm acknowledged concerns about job losses in the transition to electric vehicles but pointed to the potential for job growth in the clean energy sector. She also discussed the goal of 100% clean electricity by 2035 and net zero by 2050.

politics2 years ago

GOP demands investigation into Energy Secretary's stock ownership and disclosure.

The top Republican on the Senate Energy panel, John Barrasso, has called for an investigation into Energy Secretary Jennifer Granholm after she admitted to mistakenly providing false information about her family's stock holdings in testimony earlier this year. Granholm revealed that she owned financial stocks as recently as May, contradicting testimony she gave to the panel in April. She also said her husband owned previously undisclosed stock in Ford Motor Co., a key player in the Biden administration's efforts to improve fuel efficiency for cars and trucks and boost sales of electric vehicles. Granholm said she takes ethical conduct seriously and regrets the accidental omission of her spouse's interest in Ford.

politics2 years ago

Granholm Admits to False Testimony on Stock Ownership.

Energy Secretary Jennifer Granholm admitted in a letter to Senate Energy and Natural Resources Committee leadership that she made a false statement when she recently told lawmakers she didn't own any individual stocks. Granholm divested from a variety of stocks in 2021, but she acknowledged in the letter that she maintained shares of six companies. Granholm didn't say in the letter which companies she had owned shares of, but vowed to share that information in her Annual Public Financial Disclosure Report in mid-June.

politics2 years ago

"Political Leaders Grilled Over Electric Vehicle Policies and EPA Control"

Senator Joe Manchin accused the Biden administration of "liberalizing" Congress' efforts to stimulate sales of electric vehicles and warned Energy Secretary Jennifer Granholm that the president's approach could send money and jobs to China. Manchin specifically accused the administration of loosening Congress' mandate that electric vehicles must be made with domestically produced parts and minerals to receive $7,500 tax incentives. Granholm denied that would happen, saying the administration is likely to include China in a list of "foreign entities of concern" whose vehicle parts and components would not be allowed to qualify for the tax credit.

politics2 years ago

"Electric Vehicle Push Sparks Debate Over Market and Regulations"

Democratic Senator Joe Manchin expressed frustration with the Inflation Reduction Act's tax credit for electric vehicles, taking issue with loopholes in its distinction between manufacturing and processing of materials. He claimed that by grouping the production of cathode powder, lithium and other materials for battery production into "processing," the Energy Department was loosening its commitment to manufacturing electric vehicles domestically. Energy Secretary Jennifer Granholm pushed back on Manchin's criticisms, saying that the supply chains are trending toward domestic production due to the Inflation Reduction Act's provisions. The act requires 40% of the value of critical minerals in the battery to be extracted or processed in the United States or a country with which the United States has a free trade agreement, or be recycled in North America.

energy2 years ago

Oil Prices Tumble Amid Banking Sector Concerns.

US West Texas Intermediate crude oil prices fell by 1% after US Energy Secretary Jennifer Granholm informed lawmakers that refilling the Strategic Petroleum Reserve might take several years, raising concerns about potential oversupply. However, crude oil is still being supported by a weaker US dollar, higher gasoline prices, and surging demand from China. The market is still higher for the week and in a position to post a potentially bullish closing price reversal bottom.