South Dakota opts out of Inflation Reduction Act energy rebates

South Dakota opts out of Inflation Reduction Act energy rebates

Owngarden | Moment | Getty Images A handful of states have rolled out rebates to consumers who make their homes more energy-efficient, just months after New York became the first state to do so, in May. Meanwhile, South Dakota officials in August declined the federal funding, which is tied to two new programs created by … Read more

Tesla Stock Down 40 Percent Over Last Year, Wiping Away $312 Billion In Market Cap

Tesla Stock Down 40 Percent Over Last Year, Wiping Away 2 Billion In Market Cap

Good morning! It’s Friday, April 19, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Tesla’s Stock Is In Freefall It has been an absolutely dismal year for Tesla’s stock price … Read more

Biden Softens Climate Regulation After Backlash

Biden Softens Climate Regulation After Backlash

In the years before the United States’ aging network of electrical grids began heaving under the pressure of record-breaking storms and heat waves, demand for transformers — the connective tissue of the power system — kept pace with the construction of new housing. Those days are over. Now extreme weather regularly destroys hundreds of transformers … Read more

Why California faces high gas prices

Why California faces high gas prices

California is home to some of the highest gas prices in the United States, according to AAA. The national average for a gallon of regular unleaded was $3.40 as of Thursday, according to the organization’s data. In California, the average was $4.87, more than any other state. Several factors go into what drivers pay for … Read more

Here are 8 easy ways to save money by going green

    d3sign | Moment | Getty Images The Earth is heating up and the effects — droughts, hurricanes, wildfires, to name a few — are getting more common and severe. Yet consumers can do something about climate change — in simple ways that also save money. “It’s a bunch of little things that add … Read more