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Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. Cost per job created. Cost per ton of carbon reduced. Click to enlarge. Click to enlarge. miles per gallon (9.4 miles per gallon (9.4

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Dayton RTA Adding 10 Gillig Hybrid Buses

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Dayton RTA used two-thirds of the stimulus money it received in spring, 2009, to buy buses, offsetting the cost of fleet replacement and reducing the agency’s budget deficit. RTA purchased the hybrids along with a package of several 40-foot diesel and medium-duty buses at a total cost of $13.3

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Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

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program is paying nearly 10 times the projected price of carbon credits per ton in the best-case scenario, according to an analysis of the implied cost of carbon dioxide reductions under the program by UC Davis transportation economist Christopher Knittel. do not discuss the merits of the program in terms of stimulus. However, the.

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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

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The US Department of Energy has issued a $300-million Funding Opportunity Announcement ( DE-PS26-09NT01236-04 ) for applications for cost-shared projects that expand the use of alternative fueled vehicles and advanced technology vehicles. Incremental cost of dedicated alternative fuel vehicles. LMHDV Electric hybrid vehicles.

Stimulus 150
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Azure Dynamics Sells Five Balance Hybrid Electric Buses to Votran

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Votran expects delivery in the fourth quarter 2009 and will integrate the buses into its county-wide paratransit service. FTA stimulus funds covered 100% of the cost of the vehicles. Earlier post.). McDonald Transit manages numerous vehicle fleets across the nation; the Azure Dynamics buses will be its first hybrids in service.

Hybrid 150
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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Current hybrid buses can cost around $200,000 more than a comparable diesel bus, depending on the bus specifications.

2018 276
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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He identified three major themes in 2009 for renewable energy: “ Energy markets are undergoing their most fundamental changes since the 1930s; cap and trade is the most complex issue outside of health care; and schisms exist within the energy community that will grow stronger over time. Costs are also falling due to classic economics.

Financing 150