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US Departments of Treasury, Energy Announce More Than $3B in Recovery Act Funds for Direct Payments for Renewable Energy Projects

Green Car Congress

Funded through the American Recovery and Reinvestment Act (Recovery Act), the program will provide direct payments in lieu of tax credits in support of an estimated 5,000 biomass, solar, wind, and other types of renewable energy production facilities. This direct payment program allows for an immediate stimulus in local economies.

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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

Green Car Congress

These figures raise the pressing question of whether scarce government funds might be better allocated to move the United States towards a low-carbon economy. Most of the largest subsidies to fossil fuels were written into the US Tax Code as permanent provisions. billion) and the Credit for Production of Nonconventional Fuels ($14.1

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DOE Turns Down V-Vehicle Loan Applications

Green Car Congress

VVC has said that its V Car’s fuel economy would be among the best of all four-passenger gasoline-powered vehicles sold in the US today. Varasano, a former Oracle Corporation and Booz Allen Hamilton executive, founded VVC in 2006. million from the Advanced Technology Vehicle Manufacturing Loan Program (ATVMLP).

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Georgia Tech study finds MD electric urban delivery trucks have cost advantages over diesel in some conditions; relative benefits depend on numerous factors

Green Car Congress

These medium-duty postal and parcel delivery trucks operate in an urban environment in which a significant portion of their trip time is spent idling, resulting in low fuel economy. The comparison involved a 2011 Smith Newton electric truck powered by a 120 kW electric motor, and a 2006 Freightliner truck powered by a Cummins diesel engine.

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How the EV Charging Industry Is Emerging and Evolving

EV Connect

After 150 years without much happening around electric vehicles, Tesla set off a spark in 2006 that triggered a chain reaction of rapid growth and change. Government agencies, nonprofits and businesses large and small are all increasing their commitment to developing a sustainable economy and curbing the effects of climate change.

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Berkeley Lab report finds installed cost of solar PV systems in the US dropped sharply in 2010

Green Car Congress

Additionally, installed costs show significant economies of scale—small PV systems completed in 2009 that were less than 2 kilowatts (kW) in size averaged $9.90/W, Other sources of incentives, however, such as federal investment tax credits (ITCs) and the Treasury Grant Program, have become more significant.

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Governor Pataki On Board

Plug In Partners

The $10 million PHEV program will encourage the development and deployment of these vehicles, which can achieve a fuel economy of up to 100 miles per gallon. Taken from the press release , New York Governor's Office, August 2, 2006 Become a Partner today. The 600 hybrid vehicles in the State fleet will be retrofitted to be PHEVs.

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