Dividend
How big is Tesla’s first-mover advantage on electric vehicles (EVs)? At least $2.4 billion, it turns out. As VW launched its ID3 “to rival Tesla” this past week, the bigger news has been almost completely missed. In order to meet the EU’s strict 2021 vehicle emissions requirements, Fiat Chrysler Automobiles (FCA) will pay Tesla up to $2 billion for the necessary emission credits that ensure that it avoids hefty fines for non-compliance. And from 2016-2018, Tesla already received $400 million from sales of emissions credits to other automakers. Now that’s what I call a sustainability driven EV dividend!
— Wayne Visser
More on Climate & Energy
Drawdown
We can meet the Paris Climate Agreement by the mid-2040s. This is the hopeful conclusion from Project Drawdown’s 2020 Review. The original 2017 publication Drawdown…
Planet · Climate & Energy
Driving
We are entering a perfect storm that is driving rapid change and rapidly changing how we drive. The confluence of climate change, renewable energy and…
Planet · Climate & Energy
Electric
2020 will be the year that electric vehicles become visible on our roads – at least in Europe, North America and China. 175 EV models…
Planet · Climate & Energy
From Purpose Inspired: Reflections on Conscious Living, Volume 1. Buy on Lulu ↗