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President’s 2016 Budget requests $29.9B for DOE; 9% boost over FY 2015 enacted; $793M (2.7%) for sustainable transportation

Green Car Congress

billion) above the FY 2015 enacted level. billion above the FY 2015 Enacted level, sustains DOE’s role as the largest federal sponsor of basic research in the physical sciences and develops and operates advanced scientific user facilities at the National Laboratories to maintain the nation’s primacy in science and innovation.

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US Senators Introduce Bill to Expand Incentives for Natural Gas Vehicles

Green Car Congress

Other provisions of the bill include: A 10-year extension for alternative fuel credits for natural gas used as a vehicle fuel, the purchase of natural gas-fueled vehicle, and the installation of natural gas vehicle refueling property credit.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

The plan as outlined also calls for further work on advanced biofuels, advanced batteries and fuel cell technologies in every transportation mode. In coming months, the plan notes, the Department of Transportation will work with other agencies to further explore strategies for integrating alternative fuel vessels into the US flag fleet.

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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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Section 4122 allows state and local governmental entities to issue tax credit bonds in order to finance natural gas vehicle projects. Investing in clean vehicles. Title IV, Subtitle B, Part II, Subpart B, Section 4111.) Natural Gas. Title IV, Subtitle B, Part II, Subpart B, Section 4121.) Provides a national limitation amount of $3 billion.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Under the central New Policies Scenario, automotive sales in non-OECD markets exceed those in the OECD by 2020, with the center of gravity of car manufacturing shifting to non-OECD countries before 2015. The share of fossil fuels in global primary energy consumption falls from around 81% today to 75% in 2035.

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US VP Biden outlines 3-part plan to have 1M advanced technology vehicles on US roads by 2015

Green Car Congress

In his State of the Union address last night, President Obama highlighted his goal of making the United States the first country in the world to put one million advanced technology vehicles on the road by 2015. Supported by Recovery Act investments, battery costs are projected to drop by 50% by 2013 or 2015. Infrastructure.

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