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Obama gives $2.4bn Jump Start To Battery Makers

Revenge of the Electric Car

Here’s a quote from the LA Times article By Maeve Reston: Obama unveils $2.4-billion As a receptive audience of engineers and workers cheered his plans, Obama pledged to put a million plug-in hybrid vehicles on the road by 2015, and highlighted his offer of up to $7,500 in tax credits for Americans who purchase electric vehicles.

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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars.

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Must Read 40+ Electric Vehicle Interview Questions & Answers

Get Electric Vehicle

These can include tax credits, rebates, grants, and preferential parking or access to certain areas. 10 Are EVs eco-friendly since we generate electricity from coal? First of all the efficiency of coal-based power plants is around 40% [ Ref ]. This comparison accounts only for electricity from coal-based power plants.

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The Complex Calculus of Clean Energy and Zero Emissions

Cars That Think

government was going to try a whole bunch of different government interventions—incentive programs, tax credits, grants, infrastructure investments—to bend the trajectory of our energy transition. Jenkins: We have to shut down coal plants as fast as is feasible because they’re by far the most environmentally damaging.

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

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Cap and Trade Disappointment.

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The EV Transition Explained: How to Meet Sales Targets?

Cars That Think

This can be accomplished by building upon the above EV and ICE vehicle policy recommendations, coupled with 100 percent methane capture, retiring all coal-fired electric generation as well as converting the US electric grid with 80 percent clean energy by 2030. Only about 20 EVs on the market today are currently eligible for the tax credits.

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

In an article “Falling thirst for Fuel Leaves Ethanol Enthusiasts with a Hangover” published on 4 May 2009, The Wall Street Journal summarized three of the challenges traditional corn ethanol faces today. The cattle will get part of their daily food ration from wet distillers grain (WDG) which is a by product of the ethanol fermentation.