article thumbnail

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

Green Car Congress

do not discuss the merits of the program in terms of stimulus. While the program is an expensive way to reduce greenhouse gases, it is certainly possible that the stimulus benefits outweigh the added environmental costs. pollutants.I It was funded by the Energy Institute and the Institute of Transportation Studies. Economic Impact?

article thumbnail

Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

Green Car Congress

The formation of this joint venture is expected to close in the fourth quarter of 2010 once Novolyte completes the separation of its Performance Materials business and Foosung completes the requisite governmental approvals in Korea. Foosung Co., Novolyte received in 2009 a $20.6-million

Li-ion 186
article thumbnail

Smith Electric Vehicles US Partners with Clean Fuels Ohio Program To Target $10M in Federal Funding

Green Car Congress

Smith Electric Vehicles US Corporation (SEV-US) and the Ohio State University Center for Automotive Research are participating in the Ohio Electric Drive Initiative as major program partners. SEV-US plans to participate in similar funding programs in California, Missouri, New York and Texas. Earlier post.)

Ohio 150
article thumbnail

CMU study explores optimizing PHEV design and allocation to minimize life cycle cost, petroleum consumption, and GHG emissions

Green Car Congress

Researchers at Carnegie Mellon University (CMU) constructed an optimization model to determine the optimal vehicle design and allocation of conventional, hybrid, and plug-in hybrid vehicles to drivers in order to minimize life cycle cost, petroleum consumption, and GHG emissions. Source: Shiau et al. Click to enlarge. —Shiau et al.

PHEV 186
article thumbnail

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

Green Car Congress

Dr. Don Paul is the Executive Director, University of Southern California Energy Institute and a former vice president and chief technology officer of Chevron. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. Energy Markets in a State of Change.

Financing 150
article thumbnail

Plug-in cars: Moving Forward

Plugs and Cars

GM may be in bankruptcy but remains unwavering in its commitment to have the Volt in some showrooms by November 2010. In addition to the California funds there is federal stimulus money, $41 million by mid-April, being doled out to their projects, many of zero environmental benefit. But their dreams haven’t yet been sunk.

Plug-in 100
article thumbnail

NYC Goes EV

Revenge of the Electric Car

Many things in your life haven’t changed since 2010 but one thing certainly has: You won’t need to buy gas in order to drive. billion in stimulus grants to the industry. Robert Paaswell, director of the University Transportation Research Center, would probably agree. Will Electric Cars Give New York a Charge? Or No Cars?