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DOE not proceeding with ATVM loan for Carbon Motors; company exploring strategic and financing alternatives

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Carbon Motors Corporation, developer of a diesel-engined law enforcement vehicle ( earlier post ), announced that the US Department of Energy (DOE) has indicated that it will not proceed with Carbon’s $310 million application for a direct loan under the Advanced Technology Vehicle Manufacturing (ATVM) program. —William Li.

Financing 231
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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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in 2008, against 3.3% billion tonnes in 2008. In particular in the US, where gasoline prices almost doubled in the summer of 2008 compared to 2007 levels, oil consumption dropped 7% decrease. In China, oil consumption increased by 3% in 2008, according to BP data, which was down from 5% in 2007 and 8%, on average, since 2001.

2008 170
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Harmonizing Low Carbon Fuel Standards

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—Low Carbon Fuel Standard 2011 Program Review Report. The California LCFS regulation, which went in to effect on 15 April 2010, targets a reduction of the carbon intensity (CI), on a full-fuel lifecycle basis, of transportation fuels (measured in gCO 2 e/MJ) used in California by an average of 10% by the year 2020.

Carbon 244
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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as compared to 1990 emissions, to be achieved between 2008 and 2012. However, the slow pace of negotiations spurred UNFCCC delegates to publish a “roadmap to Copenhagen” in December 2007 at the 13 th Congress in Bali, in an effort to accelerate the progress of those negotiations. by Jack Rosebro.

Climate 236
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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

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The dashed blue line is 2005 emissions; the scale on the right shows the percent of 2005 level. Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. million barrels per day, relative to 2008 levels.

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Devil In The Details: Is Copenhagens 2 ÂşC Guardrail Obsolete?

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A maximum concentration of 450 ppm carbon dioxide (~550 ppm CO 2 equivalent) in the Earth’s atmosphere is commonly cited as the limit at which average temperatures can be held at 2 ºC, and many emissions reduction proposals are based upon these two “upper bounds” targets. ºF) above pre-industrial temperatures. The >2 Degree Target.

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52% of GM facilities worldwide are landfill-free

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GM now has 76 landfill-free facilities, achieving a global operations commitment established in 2008 to convert 50% of its 145 plants to landfill-free status by the end of 2010. million metric tons of carbon dioxide equivalent (CO 2 e) emissions from entering the atmosphere. GM has generated more than $2.5

GM 186