Strict new automobile pollution limits proposed in the U.S. are good news for the climate and Canada’s economy, say several energy think-tanks.
EPA administrator Michael Regan described the regulations as “the strongest-ever federal pollution standards for cars and trucks.” “While it’s encouraging to see a more unified North American approach to electric transportation, it is vital that Canada continues to implement — and strengthen — its own regulations,” Ekta Bibra, senior policy adviser at Clean Energy Canada, said in a news release. Bibra cautioned that if a U.S. government — as happened during former president Donald Trump’s term — were to roll back the regulations, “Canada would lose its EV policy seatbelt.
Budget 2023 announced details for several investment tax credits that will apply to the processing of critical minerals and the manufacturing of battery and electric vehicles, among other things. A few weeks before the budget was tabled, Volkswagen announced it will build its first overseas “gigafactory” manufacturing EV batteries in St. Thomas, Ont.
We now have all the basic technologies for passenger vehicles, Meadowcroft said. “It's just a question, really, of ... speeding up the way the technology is being rolled out, which will also drive down the cost of battery manufacture and lead to further improvements of the vehicles themselves.”
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