Fascinating Idea to Keep Coal Market Burning

In the past couple of years, we have seen the energy market completely turn around. We’ve seen the demand for natural gas increase while reliance on coal has continued to decrease. Add that to increased use of renewable energy in the form of wind, solar etc. and it spells big time trouble for the coal industry. President Obama has continued to push away the use of coal and tried to focus on slowing down Global Warming in the form of renewable energy and agreements across the world. Coal companies are being forced  to shut down because of how much Carbon they contribute to the atmosphere and Continue reading Fascinating Idea to Keep Coal Market Burning

Nevada Enacts Large Tax Break Package for Tesla Motors

On September 4th, Nevada Governor Brian Sandoval and Tesla Motors CEO Elon Musk announced that Sparks, Nevada has been selected as the official site for the Tesla Gigafactory—a $5 billion dollar and 10 million square-foot lithium battery factory. The state’s package of incentives is worth up to $1.3 billion—the 13th largest governmental giveaway in U.S. history. Upon completion in 2017, the Gigafactory will not only be the largest lithium-ion plant in the world, but it will also be powered by solely renewable energy. This is a substantial step in the direction of a mass-market affordable electric car for two reasons. Continue reading Nevada Enacts Large Tax Break Package for Tesla Motors