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Australian Government establishes A$300M fund to support hydrogen projects

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The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). The ARENA round is a $70-million grant program aiming to demonstrate the technical and commercial viability of hydrogen production at a large-scale using electrolysis.

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Accelergy Receives Grant from Pennsylvania for Feasibility Study on Coal-Biomass-to-Liquids

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A $175,000 grant will be used for the site selection and analysis process for this facility. Following the site selection and facility design process, the Alliance will request a formal grant from the Commonwealth to construct a demonstration plant and produce its cleaner fuel on a larger scale. Earlier post.).

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

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Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. It’s been said that the United States is the Saudi Arabia of coal—and that’s because, as I said, it’s one of our most abundant energy resources.

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6%

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

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008). Earlier post.).

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Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

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In addition to its $300 million loan, ADB is also administering another $105 million loan and grant from the Clean Technology Fund for other Philippine environmental-focused projects. Once the project is completed in December 2017, ADB will have financed upgrades to nearly 2,200 km (1,367 miles) of the network. million.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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The Department of Agriculture’s Rural Utilities Service will finalize a proposed update to its Energy Efficiency and Conservation Loan Program to provide up to $250 million for rural utilities to finance efficiency investments by businesses and homeowners across rural America. Other efforts will include: Natural Gas. Energy Efficiency.

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