Electrification News and Media
Flabbergasted by the Funding Freeze? Here’s What Could Happen Next.
“More than a dozen groups have filed lawsuits challenging the Trump administration’s suppression of congressionally appropriated funds that don’t align with his political agenda, and several district courts have responded by placing restraining orders on the pause. And yet Trump and his cabinet have mostly ignored these orders, keeping many awardees in limbo.”
Read the Feb. 24, 2025 full article from Heatmap.
Trump freezes Inflation Reduction Act and infrastructure-law funding
“The pause throws tens of billions of dollars of lawfully designated clean energy funding into uncertainty. It’s likely to face challenges in court.” Main idea of the article: most IRA tax credits may be okay, but loans, grants and existing contracts are targeted for review.
Full Article from Canary Media
By Jeff St. John
Jan 21, 2025
EV Updates
Republicans Can Slow but Not Stop Electric Vehicles, Experts Say from NYTimes
Stricter rules strip some EVs, PHEVs of $7,500 federal tax-credit eligibility in 2025 from AutoNews
1 in 4 vehicles sold in 2025 will be ‘electrified’ from Cox Automotive
Bill to end electric vehicle mandate among first to be filed ahead of 60-day session
By Daniel J. Chacón
Jan 6, 2025
Santa Fe New Mexican
Full article
A bill that would put the brakes on a rule requiring New Mexico car dealers to make electric vehicles a bigger part of their inventory is among the first pieces of proposed legislation filed ahead of the upcoming 60-day session.
The rule [under threat] calls for 43% of new cars and light-duty trucks delivered to New Mexico to be electric models by 2026 and 82% by 2032. At the same time, 15% to 20% of new, heavier-duty commercial trucks delivered to the state must be electric by 2026, and 40% to 70% must be zero-emission models by 2034, depending on their class.
What climate law tax credits will be in — and out — under Trump 2.0
By Jeff St. John
Dec 2, 2024
Canary Media
Link to full article.
The engine of the Inflation Reduction Act (IRA), the Biden administration’s landmark climate and industrial policy achievement, is tax credits.
Through federal tax incentives alone, the law could direct as much as $780 billion into the U.S. clean energy economy over the rest of this decade. That money will help the U.S. cut its carbon emissions, grow employment, and compete in the global race for clean-technology dominance.
But the Trump administration and congressional Republicans could throw a wrench into that engine next year.
Buy an EV ASAP! Tax credits face uncertain future
News sources warn that tax credits face an uncertain future under the incoming Trump administration. Currently drivers can access a $7500 credit to buy or lease an EV. Sales have already gone up on EVs.
Change wouldn’t happen overnight. As this NPR article points out: “Congress would have to act to fully remove them, and the auto industry is already lobbying to try to defend them… For now, there’s a finite supply of vehicles that qualify for the credit, thousands of dollars on the line for shoppers, and an uncertain timeline after Jan. 20.”
Advocates express mix of fear and hope for New Mexico’s energy transition under Trump
By Nicholas Gilmore
Nov 24, 2024
Santa Fe New Mexican
Link to Full Article
Link to 350NM’s breakdown of the article on Instagram
As President-elect Donald Trump continues to roll out a flurry of nominees for Cabinet-level positions, one name on the Republican’s roster has environmental advocates fearing the possible effects on New Mexico’s ambitious renewable energy transition.
Stay up-to-date on incentives via New Mexico Energy Conservation and Management (ECAM)
ECAM. Looking to save money while making your home or business more energy efficient? Discover a range of tax incentives and rebates available for energy-efficient programs and products.
Check out energy-efficiency training programs at Santa Fe Community College!
The Energy Smart Academy at Santa Fe Community College is an IREC-accredited, nationally recognized training center that focuses on residential and commercial energy and water efficiency. They offer both online and in-person classes. Trainings include installing cold climate heat pumps, energy auditing, and much more.