In the news today…
Minerals:
- Associated Press reports a tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress.
- E&E Greenwire reports even as President Joe Biden calls for creating a U.S. supply chain to source metals necessary for the energy transition, his administration is approving few new mines on federal land.
- E&E Greenwire reports in a resounding loss to the Oglala Sioux Tribe, an appeals court found today that federal nuclear regulators had adequately analyzed the environmental risks of a contentious uranium mining project in southwest South Dakota.
Coal:
- Washington Examiner reports German coal importers are expecting a flurry of new shipments beginning next month as the country scrambles to secure alternatives to Russian gas.
World News:
- Politico Pro reports the European Union warned on Tuesday that a revised U.S. tax credit for electric vehicles headed for final congressional approval this week appears to violate World Trade Organization rules and could create a significant new irritant that undermines joint U.S. and EU efforts to address climate change.