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Sasol and ITOCHU to partner on green ammonia and hydrogen

Green Car Congress

The parties will also evaluate ITOCHU’s potential involvement and participation in Sasol’s green ammonia export-oriented project(s), including product offtake as well as financial support from Japan for studies and grants relating to green ammonia projects in South Africa.

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

Green Car Congress

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

Green Car Congress

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

Green Car Congress

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). How does the US deal with local and state economies with high carbon economies and little renewable resources? by Bill Cooke.

Financing 150
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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

Green Car Congress

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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Stanford launches major new natural gas research initiative

Green Car Congress

The new program will expand Stanford’s research on energy and the environment by focusing additional resources on the growing importance of natural gas. Compared with burning coal, natural gas emits about half the carbon dioxide and substantially less soot, mercury and sulfur. Earlier post.). Previously the Robert R.

Gas 150
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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

Green Car Congress

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.

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