Solar Subsidies, a Summer Songfest and Scorching Rides
Solar Subsidies, a Summer Songfest and Scorching Rides
By:James Melton
A weekly look inside Luckbox magazine
Where tariffs, subsidies and AI collide
New tariffs levied against China could benefit American manufacturers of solar cells, but there are drawbacks as well.
Some companies, like First Solar (FSLR), are poised to benefit from the new tariffs, according to a The Wall Street Journal report. First Solar could reap nearly $710 million in benefits from federal incentives and subsidies during 2024, and that figure could balloon to as much as $10 billion over the next decade, the newspaper said.
But the same tariffs could be disruptive for companies that don’t produce solar cells and, instead, import them from abroad. One example of a manufacturer in that position is Sunrun (RUN). Read the whole story.
Chicago's Midsommarfest wraps for 2024
Midsommarfest just wrapped up its 58th year in Chicago’s Andersonville neighborhood. It’s one of the oldest street festivals in Chicago, with five stages for music, DJs, dancers and other performers.
This year’s Midsommarfest lineup featured local sets from Justice Hill & Nightime Love, NNAMDÏ, Finom, Cecy Santana, Oux, Ovef Ow and many more—as well as out-of-state bands like Honey Trap.
“Chicago in the summertime is The. Place. To. Be. And a huge part of that is because there are so many festivals around the city that are completely free and open to everyone,” says Macie Stewart of Chicago experimental rock duo Finom. Read the whole story.
Some great cars
The current edition of Luckbox looks at 12 cars we love. From the practical to the aspirational, these new gas, hybrid and electric vehicles scorched their way to our shortlist.
The Revuelto, pictured here, is Lamborghini’s first high-performance electrified vehicle (HPEV) hybrid.
The $600,000-plus supercar combines a 12-cylinder internal combustion engine with three electric motors to produce a maximum of more than 1,000 horsepower and a top speed of about 217 miles per hour.
Those seeking an extreme carbon footprint reduction might want to check out the Aptera, an enclosed autocycle capable of running entirely on solar power, depending on the options chosen and the user's driving patterns. Read the whole story.
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James Melton is managing editor of Luckbox magazine. @JDMeltonWriter
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