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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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quadrillion Btu in 2035, as a result of fuel economy improvements achieved through stock turnover as older, less efficient vehicles are replaced by newer, more fuel-efficient vehicles. Beyond 2035, LDV energy demand begins to level off as increases in travel demand begin to exceed fuel economy improvements in the vehicle stock.

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15 Air Carriers Sign Non-Binding MOUs on Synthetic Jet Fuel Purchases with Two Providers: AltAir and RenTech

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A core group of 15 commercial airlines has signed non-binding memoranda of understanding (MOUs) for negotiating purchases from two different producers of synthetic jet fuel: AltAir Fuels LLC and RenTech Inc. These alternative fuels will be more environmentally friendly, on a life cycle basis, than today’s petroleum-based jet fuels.

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NRC report concludes US LDVs could cut oil consumption and GHGs by 80% by 2050; reliance on plug-ins, biofuels and hydrogen; strong policies mandatory

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Achieving those goals will will be difficult—but not impossible to meet—and will necessitate a combination of more efficient vehicles; the use of alternative fuels such as biofuels, electricity, and hydrogen; and strong government policies to overcome high costs and influence consumer choices. Major Findings.

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Refiners and Truckers Associations Challenge California LCFS in Federal Court

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It discriminates both on its face, and as applied, against transportation fuels and fuel feedstocks imported from outside of California with the intended effect of (i) promoting in-state production of transportation fuels, and (ii) “keep[ing] consumer dollars local by reducing the need to make fuel purchases from beyond [California’s] borders.”.

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

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The American Power Act, released as a discussion draft, targets reducing greenhouse gas (GHG) emissions by at least 4.75% compared to 2005 levels by 2013; by at least 17% compared to 2005 levels by 2020; by at least 42% compared to 2005 levels by 2030; and by at least 83% compared to 2005 levels by 2050. Natural Gas.

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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

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Fuel economy standards and changing driver behavior keep motor gasoline consumption below recent levels through 2040 in the Reference case. Improved efficiency in the end-use sectors and a shift away from more carbon-intensive fuels help to stabilize US energy-related carbon dioxide emissions, which remain below the 2005 level through 2040.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Neil Auerbach is a Managing Partner at Hudson Clean Energy Partners which is a global private equity firm investing in renewable power, alternative fuels, energy efficiency and storage. Modification of EPACT 2005 Title XVII to create Section 1705. chance of default and a BBB project having 10.5% chance of default.

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