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Sunday, December 22, 2024

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Government shutdown looms after Trump-backed bill fails; Environmental groups sue CA Air Resources Board over biogas credits; NY elected officials work to electrify municipal buildings; Need a mental health boost? Talking hot dog is here.

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President-elect Trump repeats his threats to jail Jan. 6th committee members, while also putting a stop-gap spending plan in jeopardy. A court removes Fani Willis from Trump's Georgia election interference case. The FAA restricts drones in New Jersey, and a Federal Reserve rate cut shakes markets.

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Rural folks could soon be shut out of loans for natural disasters if Project 2025 has its way, Taos, New Mexico weighs options for its housing shortage, and the top states providing America's Christmas trees revealed.

$50 million Biden IRA funding goes to Thornton-based EV battery maker

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Wednesday, October 30, 2024   

The Biden Administration is investing $50 million from the Inflation Reduction Act in Colorado to produce more batteries to power electric vehicles.

Will Toor, executive director of the Colorado Energy Office, said the state is bullish on EVs, in part because gas-powered vehicle tailpipes are a major contributor to harmful ground-level ozone and climate pollution.

"When you look at both our climate goals and just the pollution problems that we have in Denver and the Front Range, switching to electric vehicles just has huge benefits for our air quality and for our climate," Toor asserted.

The new funding will allow Thornton-based manufacturer Solid Power to add at least 40 new jobs, paying production operators, chemists and engineers nearly $78,000 a year on average. Solid Power is also partnering with area high schools and community colleges for job training programs.

After he purchased his own EV, Toor noted he started tracking his electric bills and found significant fuel-cost savings compared with gas-powered vehicles.

"It's the equivalent of me paying about 90 cents per gallon for gasoline," Toor explained. "They are incredibly convenient, I basically don't have to go to the gas station, I just plug in the vehicle when I get home and let it charge overnight."

Colorado supported Solid Power's early growth with an Advanced Industries Accelerator grant in 2014, which supports the development of early-stage technologies. Their new sulfide-based batteries are expected to provide more power and range for drivers and are safer and less costly than conventional lithium-ion technology. Toor emphasized battery-powered vehicles can also help lower electric bills for everyone.

"People primarily charge their electric vehicles overnight, when there is a lot of excess capacity on the grid," Toor pointed out. "It helps to keep everybody's electric rates affordable over time as we get more and more EVs on the grid."


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