The Invading Sea
  • News
  • Commentary
  • Multimedia
  • Public opinion
  • About
No Result
View All Result
The Invading Sea
  • News
  • Commentary
  • Multimedia
  • Public opinion
  • About
No Result
View All Result
The Invading Sea
No Result
View All Result

EVs causing decline in Florida’s gas tax revenue; energy use surging due to extreme heat

Gasoline taxes play a key role in funding transportation projects in Florida

by Nathan Crabbe
August 15, 2023
in News
0

A roundup of news items related to climate change and other environmental issues in Florida: 

Florida to see less gas tax money as more electric vehicles hit the road | News Service of Florida

An electric vehicle charging (iStock image)
An electric vehicle charging (iStock image)

As more motorists drive electric vehicles, the change could put a dent in gasoline taxes, which play a key role in funding transportation projects in Florida, according to an analysis by state economists.

The analysis, compiled by the state Revenue Estimating Conference, said the “market share of electric vehicles in Florida is expected to increase significantly over the course of the next 10 years” and pointed to factors such as more affordable purchase prices, increased access to charging stations and extended battery life.

“As owners increasingly turn to electric vehicles, gas tax collections will face continuing downward pressure and, in so doing, reduce the state’s primary funding stream for transportation,” an accompanying summary said.

Read more 

Peak demand: South Florida energy use is surging under this summer’s extreme heat | Sun Sentinel

South Florida’s extreme heat has air conditioners working overtime for longer this summer, driving up electricity bills and putting an additional strain on the grid, though utility companies say they’re able to handle it.

The intense heat began far earlier this summer than past years, and hasn’t let up as the region approaches mid-August. South Floridians are probably in for a record-breaking summer in terms of energy use as well.

Florida Power and Light, which primarily services South Florida as well as parts of the state’s northeast and southwest, has already reached peak demand multiple times this summer, in June, July, and August, according to Bianca Soriano, a spokesperson for the utility company, “because it was so hot, because people were turning down ACs, and because they were working so much harder.”

Read more 

Getting canceled: Key Biscayne is in the eye of the insurance crisis | Key Biscayne Independent

Ilaria Cacopardo and Dr. Guillermo Valenzuela raised their three children in their Harbor Drive three-story house. But now they wonder if they can stay on the island after their property insurance premium went up $34,000 in the last year.

“This is really impacting our life,” she said. “We have to take measures to probably contain the economic hit. I don’t know – maybe selling the house.”

Cacopardo, an immigration attorney, and Valenzuela, a rheumatologist, had their carrier drop them in 2022. Their new policy was more than double the cost. The last week their insurance agent informed them that their new carrier – Lloyds – are dropping them.

Read more 

If you have any news items of note that you think we should include in our next roundup, please email The Invading Sea Editor Nathan Crabbe at ncrabbe@fau.edu. Sign up for The Invading Sea newsletter by visiting here. 

Tags: electric vehiclesenergy useextreme heatgas taxGlobal warmingKey Biscayneproperty insurance
Previous Post

The ocean is shattering heat records. Here’s what that means for fisheries.

Next Post

‘Our state has taken the bull by the horns’ – Resiliency Florida’s director speaks on efforts to mitigate the impacts of climate change 

Next Post
Florida Power & Light Company's DeSoto Next Generation Solar Energy Center. (ASCOM Prefeitura de Votuporanga, CC BY 2.0, via Wikimedia Commons)

‘Our state has taken the bull by the horns’ – Resiliency Florida’s director speaks on efforts to mitigate the impacts of climate change 

Twitter Facebook Instagram Youtube

About this website

The Invading Sea is a nonpartisan source for news, commentary and educational content about climate change and other environmental issues affecting Florida. The site is managed by Florida Atlantic University’s Center for Environmental Studies in the Charles E. Schmidt College of Science.

 

 

Sign up for The Invading Sea newsletter

Sign up to receive the latest climate change news and commentary in your email inbox by visiting here.

Donate to The Invading Sea

We are seeking continuing support for the website and its staff. Click here to learn more and donate.

Calendar of past posts

August 2023
S M T W T F S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Jul   Sep »

© 2022 The Invading Sea

No Result
View All Result
  • News
  • Commentary
  • Multimedia
  • Public opinion
  • About

© 2022 The Invading Sea

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In