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🇪🇸 getting woke and hot
get this:
the spanish government passed a decree that makes it illegal to set ac below 27c (that's 80.6 in farenheit!) in public buildings
airports, bars, cinemas, etc.
and in the winter(!)…
public buildings won't be allowed to set heating above 19c (that's 66.2 farenheit!)
this comes into effect... well, today, as you're reading this!
this may hurt tourism in spain, but the royal decree just pushed through
🇺🇸 also in america
just about ten days after i wrote about it, the inflation reduction act was passed by the senate on sunday!
the bill includes anything from healthcare to tax changes. let's focus on climate for today.
in addition to the extension of the $7.5k income tax credit for buying electric vehicles, now there's a new $4k credit for buying a used ev
don't think TSLA right away though!
the bill applies to eligible new cars that sell for $55k or less and trucks/vans less than $80k
same goes with LCID and RIVN – most of their vehicles don't make the cut
and, the bill is really sending a message home by requiring that 40% of battery components be sourced from us factories or fta partners
there’s more to come out of this bill, and i hope to unpack more as we go on
have a great tuesday!
💡 something im thinking about
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as always, i am no financial advisor! (i am no substitute for professional financial services)
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