article thumbnail

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. Costs are also falling due to classic economics.

Financing 150
article thumbnail

Coming Soon – The Electric City

Revenge of the Electric Car

Much of the attention on electric cars has been on the vehicles’ design, cost and performance. They cost drivers on average only 2.5 cents a mile for fuel, less than a third of the cost for a highly efficient gasoline car, according to proponents. If electric cars do take off, consumers and society could benefit.