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California Governor Schwarzenegger Announces 244 Proposed Renewable Energy Projects Throughout State; Up to 69,925 MW of Capacity

Green Car Congress

California was the first state to sign an MOU with the Department of the Interior to cooperatively develop long-term renewable energy plans and to usher eligible projects through state and federal permitting processes that can receive 30% federal tax credits under the American Reinvestment and Recovery Act (Recovery Act).

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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. Cap and Trade Disappointment. Five months ago.

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Plug-in cars: Moving Forward

Plugs and Cars

The federal consumer tax credit awaits major automaker cars that can claim them. It hasn’t led to an immediate abandonment by the automakers of this long over-subsidized initiative, but it will help put a stopper in the drain on resources accelerated under President Bush. Will we get our money’s worth? It’s far from a slam dunk.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. So far, President Barack Obama has announced no new federaleffort to promote the fuel, and federal funding for hydrogen fortransportation use in the 2009 budget dropped to $177.7

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

Last year people were able to get unleveraged tax equity financing to monetize the production tax credits at yields to the tax investor of 6-7%; this year tax equity investors are seeking yields ranging from 10-15% for leveraged tax equity transactions utilizing the investment tax credit that is now available under the Stimulus Bill.

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Study finds solo hybrid drivers in California HOV lanes amplify congestion, create up to $4,500 per car in adverse social costs annually

Green Car Congress

However, two-thirds of the sticker registrants had hybrid cars already on the road, the authors noted; in other words, the stimulus effect was lower than expected. Between August 2005 and June 2011, California law allowed owners of hybrid vehicles achieving at least 45 mpg (5.2 6, Issue 3 doi: 10.1257/pol.6.3.1.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Bob Lutz’s Latest Volt Test Drive Sprinting for Green Stimulus Dollars New Subsidies for Electric Cars in Britain Electric Car Makers: Oregon Wants You G.M. How will the pressures of climate change, limited fossil fuel resources and the mainstreaming of "green" consciousness reshape society? Follow the money.

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