article thumbnail

Government of Québec unveils $2.7B climate change action plan; 63% of spending targeting transport

Green Car Congress

The Premier of Québec, Jean Charest; the Minister of Sustainable Development, Environment and Parks, Pierre Arcand; and the Minister of Transport Pierre Moreau unveiled the Canadian province’s 2013-2020 Action Plan on Climate Change (PACC 2020). This action plan follows the one launched in 2006 which will expire this year.

article thumbnail

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
article thumbnail

Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

United Nations Environment Programme Finance Initiative ( UNEP FI ) is a global partnership between the United Nations Environment Program (UNEP) and the global financial sector. UNEP FI works closely with more than 200 financial institutions who are signatories to the UNEP FI Statements. Resources.

article thumbnail

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

Green Car Congress

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
article thumbnail

Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

Green Car Congress

million units, will remain well below the industry annual sales level of approximately 17 million units seen from 1999 through 2006. Although US light vehicle sales are likely to grow in 2012, the forecasted size of the market, at 13.2

2012 186
article thumbnail

Solar Smackdown in Torrance – Installer Sues City on Behalf of the Sun

Creative Greenius

He wasn’t a finance guy, thinking “I’m going to make money.” It’s expensive and my clients don’t finance. Because for one, financing isn’t available anymore and two, early adopters are a different crowd. Well more so now than it was prior to 2006 and that’s just because electric cars are becoming more readily available.

Solar 210
article thumbnail

Germany Targeting 1M Electric Cars by 2020

Green Car Congress

Specifics on the finances are to be discussed by the German cabinet in the next legislature period in the fall. Speaking on the ARD news program Tagesschau, German environment minister Sigmar Gabriel said that the technology for efficient and safe electric cars would not be in place until 2011 at the earliest.

Germany 239