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California Air Resources Board Pushes for Restoration of DOE Funding for Hydrogen Fuel Cell Vehicles; Tackles the Four Miracles

Green Car Congress

Current estimates of Li-ion storage cost are $1,000/kWh, with DOE targeting a cost of $300/kWh by 2014. The NRC estimated that it will cost less than $600 million per year for all public and private R&D costs plus total vehicle and hydrogen supply costs to sustain hydrogen and fuel cells as a viable option through 2014, ARB staff noted.

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House Chairmen Waxman, Markey Release Draft of Energy and Climate Legislation; Among the Many Provisions Are Cap-and-Trade, Harmonization of CAFE and California Vehicle Regulations, and Low Carbon Fuel Standard

Green Car Congress

The draft promotes development of carbon capture and sequestration (CCS) technologies to establish a continuing place for coal in the US energy mix. The draft includes a CCS early demonstration program, incentives for the wide-scale commercial deployment of CCS, and performance standards for new coal-fired power plants.

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