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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

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This shift will require understanding and developing innovative financing approaches and non-financial support tools that overcome key hard and soft costs, risks and uncertainties, and market frictions. The TCE framework builds upon and complements traditional Total Cost of Ownership (TCO) analyses. —“Financing the Transition”.

Financing 221
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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

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The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

Stimulus 150
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Dayton RTA Adding 10 Gillig Hybrid Buses

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Dayton RTA used two-thirds of the stimulus money it received in spring, 2009, to buy buses, offsetting the cost of fleet replacement and reducing the agency’s budget deficit. RTA purchased the hybrids along with a package of several 40-foot diesel and medium-duty buses at a total cost of $13.3

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

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program is paying nearly 10 times the projected price of carbon credits per ton in the best-case scenario, according to an analysis of the implied cost of carbon dioxide reductions under the program by UC Davis transportation economist Christopher Knittel. do not discuss the merits of the program in terms of stimulus. However, the.

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Brookings analysts recommend against repeating cash for clunkers program in future recession

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However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. The small increase in employment came at a far higher implied cost per job created ($1.4 million, or 0.7 million tons.

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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. gal last summer.

2019 186
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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. would purchase 500 battery electric buses.

2018 276