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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

There could be a question mark over Saudi Arabia’s plan, announced in 2012, to invest $109bn in 41GW of solar power by 2032. Saudi Arabia burns up to 900,000 barrels of oil per day to generate over 50% of its electricity. The US economy has grown by 8.9%

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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

First, the Environmental Protection Agency (EPA) finalized the Renewable Fuel Standard Program (RFS2) rule to implement the long-term renewable fuels standard of 36 billion gallons by 2022 established by Congress and also issued the targets for 2010. The EPA also set the 2010 RFS volume standard at 12.95 President Obama. per gallon.

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