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President Obama announces nearly $4B public-private investment in energy upgrades to buildings; $2B government commitment

Green Car Congress

President Obama today announced nearly $4 billion in combined federal and private sector energy upgrades to buildings over the next 2 years. The new commitments were announced by President Obama and former President Clinton along with representatives from more than 60 organizations as part of the Better Buildings Challenge.

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Obama Announces Transportation Infrastructure Spending Plan

Green Car Congress

US President Barack Obama announced a transportation infrastructure spending plan to expand and renew US roads, railways and runways. Obama is also proposing a long-term framework to reform and expand our nation’s investment in transportation infrastructure. The plan envisions a front-loaded $50-billion investment in the first year.

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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

Green Car Congress

Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The plant will be located at the site of the retired Sunbury coal-fired power plant near Shamokin Dam in Snyder County, Pennsylvania.

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Obama Outlines Next Steps for GM and Chrysler

Green Car Congress

In a statement livecast on the Internet by the White House, President Barack Obama said that neither of the restructuring plans submitted by GM and Chrysler “ goes far enough to warrant substantial new investment. ”. President Obama. President Obama. Earlier post.). The US government has no interest in running GM.

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Tesla replays DOE loan nine years early

Green Car Congress

This program was signed into law by President Bush in 2008 and then awarded under the Obama administration in the years that followed. I would like to thank the Department of Energy and the members of Congress and their staffs that worked hard to create the ATVM program, and particularly the American taxpayer from whom these funds originate.

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Obamas budget proposes terminating Diesel Emissions Reduction Act grant program

Green Car Congress

The budget justification declares that the grant program has largely succeeded: with the $469 million appropriated by the Congress from 2008-2010, the program has produced tangible reductions in NO x and PM emissions. Separately, California’s Proposition 1B finances projects to reduce diesel emissions from freight transportation.

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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

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Earlier post.). Providing a toolkit for climate resilience. Energy Efficiency.

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