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Suppose you’d never heard of the gas-powered car. One day, someone comes along to evangelize a new Honda CR-V as the hottest thing in technology. You might rightfully ask: Are you serious? You want me to put my family inside a box propelled by petroleum explosions? I’m supposed to maintain a machine made of thousands of moving parts ready to fail at any time, and that needs a fossil fuel imported largely from hostile nations?
Hank Green of YouTube fame recently posted such a thought experiment on Threads to point out the power of the status quo. After a century of our burning gasoline to get around, the frankly bizarre nature of internal combustion has become invisible. Instead, it is the ascendant electric car that is met by the doubt and derision that scoffs at anything new and different.
I’m not going to tell you EVs don’t have growing pains. But the big arguments against them aren’t as impressive as they sound.
Some anti-EV complaints are little more than bad-faith attacks drummed up by petroleum partisans and others with an ax to grind against electrification. For example, there is the notion that EVs aren’t actually better for the climate because they produce more emissions than gas cars. Opponents adore this one, since it would negate the rationale for electrifying the car fleet.
Except, it’s wrong. It may be true that building an EV requires slightly more upfront carbon emissions, which are caused by mining the essential materials and making the battery. However, combustion cars more than make up the difference by burning fossil fuels, and spewing a constant stream of climate pollution, for as many years as they run. Meanwhile, an EV gets cleaner and cleaner as the grid that supplies its electricity adds more and more renewables to its makeup. You’d basically have to burn nothing but coal for EVs to be worse over their lifespans.
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What about the annoyance of EV ownership? Some antagonists suggest driving electric is like using cloth diapers: an onerous, soul-sucking inconvenience taken on for the sake of saving the planet. Don’t believe it. EV life has its quirks, sure. On the other hand, I’ve covered the numerous ways that EVs are just plain better than gas cars, which includes the impressive zoom off the starting line, the ability to use your garage as a refueling station, and much more.
Range anxiety, held up as a dealbreaker for some buyers considering an EV, isn’t the problem you think it is. The fear is essentially nil for people who can charge an EV at home: You’ll wake up each morning with 80 or 90 percent of battery capacity, which is more than enough for all your daily driving needs. Finding a public charger is mainly a problem for longer trips, and the growing number of fast-charging stations means there’ll be one. Furthermore, battery ranges are getting longer and charging times are getting shorter. As this trend continues, range anxiety is quickly diminishing, as is the convenience difference between gas and electric.
Some naysayers say it’s impossible for an electric vehicle to meet their needs. I get it. It’d be easy to look at maps of U.S. charging infrastructure and conclude that if you don’t live in one of the big metropolitan areas where plugs are abundant, then EV ownership is impossible or impractical. Well, not necessarily.
Yes, those who reside in truly rural parts of America, and drive many miles far from the interstate highway system, ought to wait on going electric. But you don’t need to live in Los Angeles to live with an EV. Remember, if you can charge at home, then your house supplies the energy for the vast majority of your driving. Fast chargers now line the major highways even in states with low EV ownership to date, so you could drive a long distance as long as it’s not into the hinterlands. Having an EV especially makes sense in a two-car family where the other car is, say, a traditional hybrid. Simply accomplish most of your local driving on cleaner, electric power, and take out the Prius if you’re driving to a far-flung national park.
EVs are too expensive, they say. That one is true. However, while the federal tax credits for electric vehicles were already perplexing and are getting worse, they exist. If you can manage to navigate them, it is still possible to save $7,500 up front on buying an EV, an amount that brings them much closer to their gasoline counterparts. And that’s before the credits and rebates available in many states for buying zero-emissions cars or installing home charging stations. It also doesn’t include the savings from reduced routine maintenance and low fuel costs, both of which make electrics cheaper to operate as the years go by.
In addition, those high sticker prices won’t stay high forever. A lot of the EVs that have hit the market so far are high-end, and their eye-popping MSRP helps carmakers cover the costs of designing new all-electric platforms and building big batteries. As the electric market matures, more entry-level models will emerge, made possible in part by the cost of batteries falling as the industry reaches a bigger scale.
There is a long list of alleged reasons why electrification supposedly cannot work across an entire country or the world. Among them: Battery materials are scarce, and must be mined in problematic areas. The grid supposedly can’t handle the extra demand (it can), and we can’t put enough renewable energy on the grid for EVs to make a maximum climate impact. Charging infrastructure is woefully inadequate.
These all are issues to be sorted, surely. The fundamental problem with this kind of anti-electric rhetoric around them, though, is that it suggests such problems are unsolvable. They’re not. New sources for raw materials are being found, such as the giant lithium deposit discovered this year near the Oregon-Nevada border. The ascendant EV battery recycling industry has the potential to recover most of the precious metals from spent cells. In the longer term, scientists are at work on novel chemistries that could use more abundant and easily obtained materials to make the batteries of tomorrow from something other than lithium, cobalt, and nickel.
The electricity grid does need to be improved, with more high-capacity transmission lines and energy storage solutions to allow for saving solar and wind energy for later. Frankly, though, our decaying infrastructure needs hardening anyway, and the EV revolution may help provide the push to get such projects past political gridlock. In the meantime, there are available smart solutions such as trying to line up energy demand with renewable supply — for example, by charging all our new EVs in midday when the sun is shining.
Maybe the people who say those solutions are too expensive or too difficult simply have no vision. After all, many of them would be out there stumping about the power of American ingenuity — if that ingenuity were in pursuit of a technology that profited them or appealed to their voters. While the EV transition will be hard, what would be even harder is giving up and living with the effects of unmitigated climate change, or trying to realize 11th-hour miracle solutions to save the planet like direct air capture.
The only truly compelling argument against EVs is that they don’t go far enough. They are still cars, after all, and a society that drives electric cars still wastes its land on parking lots and kills thousands of its citizens each year through crashes and collisions with other vehicles, bikes, and pedestrians. Sticking with cars just because they fit into the civilization we’ve built is a missed opportunity to build a walkable, bikeable, better future. There’s no arguing with that one.
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On record-breaking temperatures, oil prices, and Tesla Robotaxis
Current conditions: Wildfires are raging on the Greek island of Chios • Forecasters are monitoring a low-pressure system in the Atlantic that could become a tropical storm sometime today • Residents in eastern North Dakota are cleaning up after tornadoes ripped through the area over the weekend, killing at least three people.
A dangerous heat wave moves from the Midwest toward the East Coast this week, and is expected to challenge long-standing heat records. In many places, temperatures could hit 100 degrees Fahrenheit and feel even warmer when humidity is factored in. “High overnight temperatures will create a lack of overnight cooling, significantly increasing the danger,” according to the National Weather Service. Extreme heat warnings and advisories are in effect from Maine through the Carolinas, across the Ohio Valley and down into southern states like Mississippi and Louisiana. “It’s basically everywhere east of the Rockies,” National Weather Service meteorologist Mark Gehring told The Associated Press. “That is unusual, to have this massive area of high dew points and heat.”
AccuWeather
Regional grid operator PJM Interconnection, which covers 13 states, issued an energy emergency alert for today. The alert urges power transmission and generation owners to delay any planned maintenance so that no grid sources are out of commission as temperatures soar. A heat wave of this nature is rare this early in the summer. The last time temperatures hit 100 degrees in June in New York City, for example, was in 1995, according to AccuWeather. Heat waves are becoming more frequent and more intense as the climate warms. Here’s a look at how these events have changed over the past 60 years or so:
Oil markets are jittery this morning after Iran’s parliament endorsed a measure to block the Strait of Hormuz in response to U.S. strikes on Iranian nuclear facilities. About 20% of the world’s oil and liquified natural gas shipments travel through the shipping route, and as The Wall Street Journalexplains, the supplies “dictate prices paid by U.S. drivers and air travelers.” Oil prices rose to five-month highs this morning on the news. Tehran has long threatened to close the strait, but such a move is seen as unlikely because it would disrupt Iran’s own energy exports, which are its “sole global energy revenue stream,” one analyst told the Journal.
A handful of climate-related provisions in the GOP’s reconciliation bill are in limbo after the Senate parliamentarian advised that the policies violated the “Byrd Rule,” i.e. were deemed extraneous to budgetary matters, and thus were subject to a 60-vote threshold instead of the simple majority allowed for reconciliation. The provisions include:
The Senate Finance Committee is set to meet with the parliamentarian today.
In case you missed it: The Supreme Court on Friday gave the green light for fuel producers to challenge a Clean Air Act waiver issued by the EPA that lets California set tougher vehicle emissions standards than those at the federal level. A lower court rejected the lawsuit from Diamond Alternative Energy and other challengers last year, but as Justice Brett Kavanaugh wrote for the majority, California’s ambitious Zero-Emission Vehicle Program is hurting fuel producers, so they have standing to sue. The vote was 7 to 2, with Justices Sonia Sotomayor and Ketanji Brown Jackson dissenting.
As Heatmap’s Katie Brigham has explained, if the EPA waiver is eliminated, Tesla could take a big financial hit. That’s because the zero-emissions vehicle program lets automakers earn credits based on the number and type of ZEVs they produce, and since Tesla is a pure-play EV company, it has always generated more credits than it needs. “The sale of all regulatory credits combined earned the company a total of $595 million in the first quarter [of 2025] on a net income of just $409 million,” Brigham reported. “That is, they represented its entire margin of profitability. On the whole, credits represented 38% of Tesla’s net income last year.”
Tesla launched its Robotaxi service in Austin, Texas, over the weekend. A small number of rides were doled out to hand-picked influencers and retail investors, and a Tesla employee sat in the front passenger seat of each autonomous Model Y to monitor safety. The rollout was “uncharacteristically low-key,” Bloombergreported, but CEO Elon Musk said the company is being “super paranoid about safety.” San Francisco, Los Angeles, and San Antonio are rumored to be the next cities slated for Robotaxi service. “Tesla is still behind Waymo, by several years,” wrote Jameson Dow at Electrek. “But Waymo has also not been scaling particularly quickly, and certainly both are slower than a lot of techno-optimists would have liked. So we’ll have to see which tortoise wins this race.” The stakes are pretty high: Investment management firm ARK Invest projected that Robotaxis could bring in $951 billion for Tesla by 2029 and make up 90% of the company’s earnings.
A new report from energy think tank Ember concludes that in the world’s sunniest cities, it’s now possible (and economically viable) to get at least 90% of the way to constant solar electricity output for every hour of the day, 365 days a year.
A conversation with Mary King, a vice president handling venture strategy at Aligned Capital
Today’s conversation is with Mary King, a vice president handling venture strategy at Aligned Capital, which has invested in developers like Summit Ridge and Brightnight. I reached out to Mary as a part of the broader range of conversations I’ve had with industry professionals since it has become clear Republicans in Congress will be taking a chainsaw to the Inflation Reduction Act. I wanted to ask her about investment philosophies in this trying time and how the landscape for putting capital into renewable energy has shifted. But Mary’s quite open with her view: these technologies aren’t going anywhere.
The following conversation has been lightly edited and abridged for clarity.
How do you approach working in this field given all the macro uncertainties?
It’s a really fair question. One, macro uncertainties aside, when you look at the levelized cost of energy report Lazard releases it is clear that there are forms of clean energy that are by far the cheapest to deploy. There are all kinds of reasons to do decarbonizing projects that aren’t clean energy generation: storage, resiliency, energy efficiency – this is massively cost saving. Like, a lot of the methane industry [exists] because there’s value in not leaking methane. There’s all sorts of stuff you can do that you don’t need policy incentives for.
That said, the policy questions are unavoidable. You can’t really ignore them and I don’t want to say they don’t matter to the industry – they do. It’s just, my belief in this being an investable asset class and incredibly important from a humanity perspective is unwavering. That’s the perspective I’ve been taking. This maybe isn’t going to be the most fun market, investing in decarbonizing things, but the sense of purpose and the belief in the underlying drivers of the industry outweigh that.
With respect to clean energy development, and the investment class working in development, how have things changed since January and the introduction of these bills that would pare back the IRA?
Both investors and companies are worried. There’s a lot more political and policy engagement. We’re seeing a lot of firms and organizations getting involved. I think companies are really trying to find ways to structure around the incentives. Companies and developers, I think everybody is trying to – for lack of a better term – future-proof themselves against the worst eventuality.
One of the things I’ve been personally thinking about is that the way developers generally make money is, you have a financier that’s going to buy a project from them, and the financier is going to have a certain investment rate of return, or IRR. So ITC [investment tax credit] or no ITC, that IRR is going to be the same. And the developer captures the difference.
My guess – and I’m not incredibly confident yet – but I think the industry just focuses on being less ITC dependent. Finding the projects that are juicier regardless of the ITC.
The other thing is that as drafts come out for what we’re expecting to see, it’s gone from bad to terrible to a little bit better. We’ll see what else happens as we see other iterations.
How are you evaluating companies and projects differently today, compared to how you were maybe before it was clear the IRA would be targeted?
Let’s say that we’re looking at a project developer and they have a series of projects. Right now we’re thinking about a few things. First, what assets are these? It’s not all ITC and PTC. A lot of it is other credits. Going through and asking, how at risk are these credits? And then, once we know how at risk those credits are we apply it at a project level.
This also raises a question of whether you’re going to be able to find as many projects. Is there going to be as much demand if you’re not able to get to an IRR? Is the industry going to pay that?
What gives you optimism in this moment?
I’ll just look at the levelized cost of energy and looking at the unsubsidized tables say these are the projects that make sense and will still get built. Utility-scale solar? Really attractive. Some of these next-gen geothermal projects, I think those are going to be cost effective.
The other thing is that the cost of battery storage is just declining so rapidly and it’s continuing to decline. We are as a country expected to compare the current price of these technologies in perpetuity to the current price of oil and gas, which is challenging and where the technologies have not changed materially. So we’re not going to see the cost decline we’re going to see in renewables.
And more news around renewable energy conflicts.
1. Nantucket County, Massachusetts – The SouthCoast offshore wind project will be forced to abandon its existing power purchase agreements with Massachusetts and Rhode Island if the Trump administration’s wind permitting freeze continues, according to court filings submitted last week.
2. Tippacanoe County, Indiana – This county has now passed a full solar moratorium but is looking at grandfathering one large utility-scale project: RWE and Geenex’s Rainbow Trout solar farm.
3. Columbia County, Wisconsin – An Alliant wind farm named after this county is facing its own pushback as the developer begins the state permitting process and is seeking community buy-in through public info hearings.
4. Washington County, Arkansas – It turns out even mere exploration for a wind project out in this stretch of northwest Arkansas can get you in trouble with locals.
5. Wagoner County, Oklahoma – A large NextEra solar project has been blocked by county officials despite support from some Republican politicians in the Sooner state.
6. Skagit County, Washington – If you’re looking for a ray of developer sunshine on a cloudy day, look no further than this Washington State county that’s bucking opposition to a BESS facility.
7. Orange County, California – A progressive Democratic congressman is now opposing a large battery storage project in his district and talking about battery fire risks, the latest sign of a populist revolt in California against BESS facilities.