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

Green Car Congress

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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SEI study outlines risks to global low-carbon technology push

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A new report from the Stockholm Environment Institute (SEI) finds that recent progress in developing and deploying low carbon technology is fragile, and advises that policy support must be stabilized globally to maintain momentum. Great strides have been taken in the industrial development of low-carbon technologies.

Carbon 230
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Exxon/Mobil To Fund Solar Financing Bond For Torrance Homeowners

Creative Greenius

In a deal brokered by the city’s newly commissioned Citizens Environmental Task Force, Exxon/Mobil, owners of the Exxon/Mobil Refinery in the City of Torrance agreed today to fund a bond that will make low cost financing of solar energy systems for home and apartment owners. It’s a pretty good idea isn’t it?

Financing 150
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New UNEP report says bridging emissions gap to meet 2-degree target doable, outlines pathways to 2020

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Cutting emissions by 2020 to a level that could keep a global 21 st century temperature rise below 2 °C is technologically and economically feasible, according to a new study released by the UN Environment Programme (UNEP). Gigatonnes (Gt) of carbon dioxide equivalent (GtCO 2 e) annually, by 2020. each year from 2005 to 2020.

2020 210
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236
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European Commission: Global Climate Strategy Needed To Avoid “Potentially Unmanageable Consequences”

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Reductions could be achieved by domestic actions, as well as emissions credits earned by financing emissions reduction projects in developing countries. All but the least developed countries would commit to national low carbon development strategies for all sectors by the end of 2011, according to the Commission's proposal.

Climate 150
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CEC report sets out North American plan for change and investment to achieve sustainable freight transportation

Green Car Congress

The report also considers the efficiency (and inefficiencies) in the current system, as well as considering the aggressive investments that other trade blocs are making in new infrastructure and lower-carbon transportation—investments that may be outpacing efforts in North America. Shifting to lower-carbon fuels. Training Eco-drivers.