article thumbnail

Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

Green Car Congress

The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. trillion in revenue over 10 years and reduce GHG emissions by approximately 20% from 2005 levels by 2025. per year over a 10-year period.

article thumbnail

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). Is tax equity dead? by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008).

Financing 150
article thumbnail

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. It’s a pretty good idea isn’t it?

Financing 150
article thumbnail

Energy 2030 outlines steps to double US energy productivity by 2030; spend $166B a year to net savings of $327B

Green Car Congress

billion tons by 2020, 22% below 2005 levels, and to 4 billion tons, or 33% below 2005 levels, by 2030. Establish state and local programs for financing of efficiency measures, which may use repayment on utility bills or on property tax bills (the capital could be provided by institutional investors).

Energy 236
article thumbnail

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

Green Car Congress

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.

article thumbnail

Darling International and Valero Considering Forming a Joint Venture for Renewable Diesel

Green Car Congress

Darling and Valero will jointly seek a loan guarantee for the proposed joint venture from the US Department of Energy under the Energy Policy Act of 2005, which makes $8.5 ConocoPhillips suspended the project in fall 2008 due to the deteriorating economy and a loss of federal tax credits. In 2007, ConocoPhillips and Tyson Foods Inc.

Renewable 199
article thumbnail

Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles.