politics

politics

Eduardo Arcos

You probably don’t need a team of scientists to tell you that electric vehicles are expensive. A simple look at the sticker prices should do the trick: The average price of an EV in the United States in 2021 was “close to $60,000, before rebates and incentives, according to Kelley Blue Book. Compare that to just $42,380 for the average new car. And while there are several more affordable options on the road, the purchase price of electric options remains a barrier to decarbonizing the transportation sector in America… and scientists are here to study it.

In a new publication in "Frontiers in Environmental Science," researchers analyzed the current prices of EVs in the United States and tried to predict if the United States could meet its ambitious goal of 50% plug-in vehicle adoption by 2030.

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CHUTTERSNAP

Early today Gavin Newsom’s office announced that the governor had signed the EV Charging Reliability Transparency Act. On the surface, the bill—which was originally introduced by assembly members Phil Ting and Eloise Gómez Reyes—aims to improve electric vehicle charging infrastructure in the state by mandating that the California Energy Commission (CEC) work with public utility companies (PUC) to assess and document vehicle charger uptime across the state.

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In a 71-0 vote, the California Assembly recently passed a bill that could have a lasting impact on the cryptocurrency market. Digital asset exchanges and other crypto companies will be required by the Digital Financial Assets legislation (DFAL) to have licenses in order to operate in the state—if Gov. Gavin Newsom signs it into law.

The DFAL, also known as AB-2269, empowers California's Department of Financial Protection and Innovation (DFPI) to grant crypto exchange operating licenses. It's similar to New York's BitLicense law, passed in 2015, which governs the actions of cryptocurrency exchanges like Coinbase or Robinhood.

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