article thumbnail

Latest status report finds California fuel providers continue pacing ahead of requirements of Low Carbon Fuel Standard; sufficient credits to meet full 2013 obligation

Green Car Congress

Electricity generated 1% of the net credits. The share of electricity grew from negligible levels in 2011 to reach about 2% by the final quarter of 2012. (By billion gallons of gasoline and 45 million gasoline gallon equivalents of diesel. billion gallons of gasoline and 45 million gasoline gallon equivalents of diesel.

2013 225
article thumbnail

60% of $18B in US clean energy tax credits 2006-2012 went to top 20% by income; 90% in the plug-in program

Green Car Congress

for weatherizing homes, installing solar panels, and buying hybrid and electric vehicles—went to the top income quintile in the US (above $200,000 per year). As a result of the work, Borenstein and Davis conclude that tax credits are likely to be much less attractive on distributional grounds than market mechanisms to reduce GHGs.

article thumbnail

Harmonizing Low Carbon Fuel Standards

Green Car Congress

Eleven northeast and mid-Atlantic states are currently participating in the evaluation of a regional Clean Fuels Standard (CFS), which would lower the average carbon intensity of transportation fuels in the region and support the development and use of alternative fuels such as advanced biofuels, electricity, and natural gas. Earlier post.)

Carbon 244
article thumbnail

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

Green Car Congress

billion in 2004 to $117 billion 2007 with the first three quarters of 2008 averaging 29% higher than 2007. Within the US electric power sector the biggest question was whether the Production Tax Credits (PTC) were going to be extended beyond 2008. Grant Davis is a Managing Director at New York Life Investments.

Financing 150
article thumbnail

Plug-In Hybrids (or Plugin Hybrids)

Tony Karrer Delicious EVdriven

But when you do, your car essentially becomes an electric vehicle with a gas-tank backup. Lifetime service costs are lower for a vehicle that is mainly electric. Scientist have confirmed that unlike gasoline cars, plug-ins will get cleaner as they get older -- because our power grid is getting cleaner.

Plug-in 61
article thumbnail

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

Daniel Sperling, director of the Institute of Transportation Studies at the University of California, Davis, member of the California Air Resources Board, and one of the co-creators of the California LCFS. Set a target of reducing the carbon intensity of gasoline and diesel by 10 to 15 percent by 2030.

Carbon 247
article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

GM has announced plans for public sales in 2010, and almost every carmaker now says it will sell PHEVs or highway-speed battery electric vehicles (BEVs) sometime after 2010. First Escape PHEV delivered to SCE Nov 2007; 20 in 2008-2009. Shifted earlier focus to all-electric Focus in 2011 with Magna. See Chevy Volt for latest.

Plug-in 45