FG needs N3.2trn subsidy to reverse electricity tariff hike – NERC

punchng.com— The Federal Government of Nigeria will need to come up with the sum of N3.2trn in 2024 to reverse the recent hike in electricity tariff, the Chairman of the Nigeria Electricity Regulatory Commission, Sanusi Garba said in Abuja on Thursday. Speaking at a stakeholders meeting convened by the House of Representatives Committee on Power, Garba Read More

The Center Square—Inslee rolls out $45 million in subsidies for electric vehicles. (The Center Square) – One strategy for state officials looking to transition Washington’s transportation sector to electric vehicles is by subsidizing them with taxpayer dollars. This week, Gov. Jay Inslee announced $45 million in subsidies through a Department of Commerce grant program for families deemed “low-income” to purchase an EV. “Washingtonians really get it when it comes to electric vehicles,” Inslee said at a Wednesday news conference in Tukwila. ...

Pocket-lint—10 things you need to know about the 2024 Chevrolet Electric Silverado. GM is marketing it as a premium light-duty pickup truck with all sorts of bells and whistles. But is it worth the money?

Washington Examiner—Canada launches offensive in electric vehicle manufacturing subsidy war. Canada is investing more money to help automakers build out EV supply chains, as it looks to compete with incentives offered under the U.S. Inflation Reduction Act.