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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.

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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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EPA’s FY 2013 budget proposal includes $576M for research, $10M boost to support fuel economy and GHG programs

Green Car Congress

The Obama Administration’s proposed FY 2013 budget of $8.344 billion for the US Environmental Protection Agency (EPA) is $105 million below the EPA’s enacted level for FY 2012. This will allow the SRFs to finance over $6 billion in wastewater and drinking water infrastructure projects annually.

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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

At a meeting with a bipartisan group of governors from around the country, President Barack Obama yesterday laid out three measures intended to work in concert to boost biofuels production and reduce US dependence on petroleum. President Obama. Renewable Fuels Standard (RFS2). Earlier post.)

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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?

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ARTBA says new 54.5 mpg fuel efficiency standard would result in $65+ billion in lost revenue for highway and transit projects

Green Car Congress

The new Obama Administration proposal to increase fuel efficiency standards for cars and light trucks to an average 54.5 By law, these excises are the primary revenue source for financing road, bridge and transit projects. The less motor fuel used by drivers, the less revenue generated for improvements financed through the HTF.

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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. The Department first offered loans to Tesla and other auto manufacturers in June 2009, when car companies couldn’t get other financing and many people questioned whether the industry would survive.

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