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Sparks

Stockholm to Ban Gas-Powered Cars from Its Center

Sweden’s capital has a bold plan to boost EV adoption.

Stockholm.
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As cities from New York to Paris to London do battle over driving restrictions in their downtowns, The New York Times reports that Sweden’s capital is proposing one of the boldest measures yet: Beginning in 2025, it will ban most diesel and gas-powered cars from Stockholm’s city center. Drivers who break the rule, which will take effect on January 1, 2025, will be fined about $90 — far more than similar drivers in London’s Ultra Low Emission Zone, who must pay around $15 per day for the privilege of soiling the air.

Lars Strömgren, Stockholm’s vice mayor for transport, told the Times that “Petrol and diesel cars are prohibited, period ... one goal is to push technology and innovation within the transportation sector.” And it seems that the country will need all the help that it can get: Sweden’s conservative national government has for the past year worked to reverse the country’s environmental progress, lowering gas taxes and relaxing fuel requirements. Still, according to Mobility Sweden, a majority of Sweden’s new car registrations in the first half of the year have been to plug-in hybrid and fully electric vehicles.

Predictably, Sweden’s transport industry is also unhappy with the ban. “Since 2010, we have reduced emissions by 34%,” the Swedish Confederation of Transport Enterprises said, according to The Guardian. “But the Green Party and their colleagues in the city of Stockholm are now in far too much of a hurry.” The Confederation did not specify when, exactly, would be an opportune time to clean the country’s air.

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Sparks

Utilities Asked for a Lot More Money From Ratepayers Last Year

A new PowerLines report puts the total requested increases at $31 billion — more than double the number from 2024.

A very heavy electric bill.
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Utilities asked regulators for permission to extract a lot more money from ratepayers last year.

Electric and gas utilities requested almost $31 billion worth of rate increases in 2025, according to an analysis by the energy policy nonprofit PowerLines released Thursday morning, compared to $15 billion worth of rate increases in 2024. In case you haven’t already done the math: That’s more than double what utilities asked for just a year earlier.

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Sparks

Trump Loses Another Case Against Offshore Wind

A federal judge in Massachusetts ruled that construction on Vineyard Wind could proceed.

Offshore wind.
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The Vineyard Wind offshore wind project can continue construction while the company’s lawsuit challenging the Trump administration’s stop work order proceeds, judge Brian E. Murphy for the District of Massachusetts ruled on Tuesday.

That makes four offshore wind farms that have now won preliminary injunctions against Trump’s freeze on the industry. Dominion Energy’s Coastal Virginia offshore wind project, Orsted’s Revolution Wind off the coast of New England, and Equinor’s Empire Wind near Long Island, New York, have all been allowed to proceed with construction while their individual legal challenges to the stop work order play out.

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Blue
Sparks

Chris Wright Is Overhauling $83 Billion of Loans. He Won’t Say Which Ones.

The Secretary of Energy announced the cuts and revisions on Thursday, though it’s unclear how many are new.

The Energy Department logo holding money.
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The Department of Energy announced on Thursday that it has eliminated nearly $30 billion in loans and conditional commitments for clean energy projects issued by the Biden administration. The agency is also in the process of “restructuring” or “revising” an additional $53 billion worth of loans projects, it said in a press release.

The agency did not include a list of affected projects and did not respond to an emailed request for clarification. However the announcement came in the context of a 2025 year-in-review, meaning these numbers likely include previously-announced cancellations, such as the $4.9 billion loan guarantee for the Grain Belt Express transmission line and the $3 billion partial loan guarantee to solar and storage developer Sunnova, which were terminated last year.

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Green