Remove 2008 Remove Carbon Remove Coal Remove Tax Credit
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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

Green Car Congress

US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. Nuclear was not included in the analysis.

Renewable 338
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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

According to the recently finalized Inventory of US Greenhouse Gas Emissions and Sinks: 1990-2008 , net US GHG emissions in 2008 were down 2.7% A hard price collar binds carbon prices and creates a predictable system for carbon prices to rise at a fixed rate over inflation. compared to 2005 levels.).

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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

Assuming no changes in policy related to greenhouse gases, carbon dioxide emissions grow slowly, but do not again reach 2005 levels until 2027. After falling 3% in 2008 and nearly 7% in 2009, largely driven by the economic downturn, energy-related CO 2 emissions do not return to 2005 levels (5,980 million metric tons) until 2027.

Gas 199
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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Better Cars ….

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

Green Car Congress

Ed Feo is a partner with the law firm of Milbank, Tweed, Hadley & McCloy and was voted one of the “Five Most Influential People in Renewable Energy” in 2008 by Euromoney / Institutional Investor. We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” Billion in 2008). Billion vs. $28.3

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

Green Car Congress

Their systems approach leads to synergies that have the potential to dramatically reduce corn ethanol’s carbon footprint. In 2008, Valero Energy CEO Bill Kless had said that using corn to produce ethanol will make food so expensive in poor countries that it will cause more misery than global warming. Earlier post.).

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

Tony Karrer Delicious EVdriven

The high cost of manufacturing the Volt is exactly why the tax credits of $2500 for a vehicle with 4 kWh of battery capacity and $417 for every kWh over 4 (so that there is a $7500 credit for the Volt) were legislated. Galbraith joined The New York Times in June 2008 to write about renewable energy. Staff Tom Zeller Jr.

Volt 42