Remove 2010 Remove Financing Remove Legal Remove Reviews
article thumbnail

Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

Green Car Congress

First, the Environmental Protection Agency (EPA) finalized the Renewable Fuel Standard Program (RFS2) rule to implement the long-term renewable fuels standard of 36 billion gallons by 2022 established by Congress and also issued the targets for 2010. The EPA also set the 2010 RFS volume standard at 12.95

Obama 218
article thumbnail

AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

billion in 2010 profit on a net margin of 4.6% According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values. and North American suppliers pulled in $8.2 billion on a net margin of 4.3%—things

article thumbnail

Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

To right-size capacity levels and promote a viable industry, we believe 30 to 40 percent of all suppliers are at risk due to the necessary alignment of capacity with demand, which should stabilize in the 12 to 14 million-unit range by 2010-2011. This would help automakers identify and support the most viable companies. The Role of Banks.

Grant 150
article thumbnail

Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

Moreover, developers must show that the project would make no economic sense without CDM funds and that documentation exists to demonstrate that these factors were considered by the company’s board of directors in their decision to pursue CDM financing. Donovan (February 19, 2010). Donovan (3 March 2010).

Carbon 255
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

Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

To ensure the program is founded on sound emissions data, mandatory emissions monitoring will commence in January 2010. Each and every allowance auction under RGGI undergoes a rigorous third party verification process that reviews the administration of the auctions and monitors the conduct of market players. Overview of WCI.

Gas 244