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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 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.). Reducing barriers to investment in energy efficiency.

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Obamas budget proposes terminating Diesel Emissions Reduction Act grant program

Green Car Congress

The Diesel Emissions Reduction Act (DERA) grant program was authorized as part of the Energy Policy Act of 2005 to fund retrofits and replacements of the oldest, most polluting diesel engines, complementing the stringent emissions standards on new diesel engines that EPA promulgated in 2007. In addition, $7.1

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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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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The recommendation is part of the final report issued by the National Surface Transportation Infrastructure Financing Commission, “ Paying Our Way: A New Framework for Transportation Finance ”. The nation faces a crisis. Paying our Way”.

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Exxon/Mobil To Fund Solar Financing Bond For Torrance Homeowners

Creative Greenius

In a deal brokered by the city’s newly commissioned Citizens Environmental Task Force, Exxon/Mobil, owners of the Exxon/Mobil Refinery in the City of Torrance agreed today to fund a bond that will make low cost financing of solar energy systems for home and apartment owners. That’s too much democracy for Torrance.

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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.