Latest news with #sustainabletransit
Yahoo
3 days ago
- Business
- Yahoo
We can take meaningful action on climate or give handouts to billionaires, but not both
(Photo:) While Nevada's elected leaders have expressed a commitment to addressing the climate crisis, a new proposal under consideration raises questions about our state's priorities. The proposed expansion of Nevada's film tax credit program, which would direct hundreds of millions of dollars in public subsidies to Hollywood studios, risks sidelining urgent environmental and climate needs. At a time when bold action is needed to protect our communities and natural resources, this approach feels out of step. It's abundantly clear that Nevada is in a climate emergency. Wildfires are burning hotter and longer, filling our summers with smokey skies. Land managers warn this summer could bring catastrophic wildfires. The Great Basin is drying, and Lake Mead is sitting at thirty percent full. Communities from Las Vegas to Reno are enduring extreme heat, toxic air, and prolonged drought, and hundreds to thousands of Nevadans are dying each year as a result. We have proposed projects to protect our public lands, prevent extinction, and invest in sustainable transit, but we're told there's 'no money.' The proposal would allocate $95 million in annual transferable film tax credits for 15 years beginning in 2028, expanding our already-existing tax giveaways. The proposal will kick into place in 2028, and yet we have no way to know what our fiscal situation will be at that point in time. Just think of the roller coaster ride the 2020's have been so far, and the looming federal budget that could have sweeping impacts to Nevada's fiscal viability. Meanwhile, extreme heat is only getting worse, the Colorado River and Lake Mead are only getting drier, and our special places are only becoming more threatened. Our organization has spent years fighting for clean air protections, better public transportation, rooftop solar access, and the preservation of special landscapes like Red Rock National Conservation Area and Lake Tahoe. We're constantly met with budgetary constraints, told to be patient, to compromise. And yet the same state that balks at funding protections for pollinators and soil health is ready to roll out a red carpet for corporate film giants. Supporters of the film credit expansion claim it will bring jobs and economic growth, but as the independent economists at Applied Economics reported, the state would have a negative return on investment. States across the country have learned the hard way that film subsidies rarely pay off. Meanwhile, climate investments create durable jobs, foster resilience, and protect our future. Where are the investments for fighting wildfires, restoring wetlands, or public transportation? If Nevada has hundreds of millions of dollars to spend, let's spend it on the people and places that make this state worth living in, and ensure it will be livable in the next several decades, not on fleeting glitz and glamour. Let's fund the transition to a clean energy economy, build transit-to-trails networks, restore our watersheds, and protect the wild lands that make Nevada extraordinary. We have shelled out enough for corporations working against our interests. Why do we give tax handouts to the Boring Tunnel instead of funding mass transit? Why do water intensive data centers get huge tax breaks when we can't get funding for water conservation? Why did we give millions of dollars to build the A's stadium in the Las Vegas core when we can't get funding for urban forestry and mitigating urban heat? This proposed tax credit isn't just a bad policy. It's a missed opportunity to lead. Nevada should act in the best interests of those who live here, instead of enacting Hollywood handouts.
Yahoo
26-05-2025
- Automotive
- Yahoo
Europe Electric Bus Charging Market Report 2025, Featuring ABB E-mobility, Ekoenergetyka, Furrer+Frey, Hitachi Energy, JEMA Energy, Kempower and Schunk Transit Systems
The electric bus charging sector is set for rapid growth with startups innovating ultrafast and wireless solutions, alongside legacy providers. Europe's focus on strict emissions targets is driving advancements in high-power systems. Collaborations among industry players are key to achieving sustainable transit solutions. Dublin, May 26, 2025 (GLOBE NEWSWIRE) -- The "Electric Bus Charging in Europe 2025: Frost Radar Report" report has been added to offering. The electric bus charging industry is expected to grow rapidly as demand for electrified vehicles increases. While legacy infrastructure players continue to dominate the sector, start-ups and technology companies are entering the charging space, eager to accelerate adoption with ultrafast and wireless charging from depot charging, opportunity charging technology and in-transit charging are gaining traction in urban transit as a solution to reduce emissions and address the operational challenges of fuel-powered buses. Europe, with its strict emission goals, is emerging as an important market in the development of charging infrastructure and technology, including high-power charging systems for electric between established bus manufacturers, charging system providers, start-ups, and policymakers focused on green energy will be crucial in the coming decade. The industry will continue to evolve to the point that electric buses contribute significantly to the decarbonization of the transportation Topics Covered: Strategic Imperative and Growth Environment Electric Bus Charging in Europe, 2025 Companies to Action ABB E-mobility Ekoenergetyka Furrer+Frey Hitachi Energy JEMA Energy Kempower Schunk Transit Systems Best Practices & Growth Opportunities Next Steps For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data