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EPA delays issuing 2014 RVO standards for RFS until sometime in 2015

Green Car Congress

In a notice to be published in the Federal Register , the agency said that it intends to take action on the 2014 standards rule in 2015 prior to or in conjunction with action on the 2015 standards rule. The industry needs a final rule that is legally appropriate and continues to support our efforts.

2014 225
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FCA US reaches settlements on diesel emissions at estimated cost of $800M

Green Car Congress

Customer compensation, the estimated future cost of the extended warranty and the cost of environmental mitigation efforts also account for approximately $400 million, bringingbthecestimated total to $800 million. FCA US has also settled a putative class action on behalf of private consumers. 6 million to Customs and Border Protection.

Cost Of 312
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Summary of decisions from Durban climate conference

Green Car Congress

Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. as possible, but not later than 2015. future agreements. will be led by the climate science in the IPCC’s Fifth Assessment Report and the global Review from 2013-2015. existing climate change.

Climate 294
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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

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In 2015, E.ON billion) compared to the previously planned 2015 capex of €4.3 These two missions are so fundamentally different that two separate, distinctly focused companies offer the best prospects for the future. This will enhance E.ON’s financial flexibility for future growth investments. SE shareholders. —E.ON

Power 244
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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

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In his remarks at the Annual Media Conference, where the Group presented 2015 results, Matthias Müller, Chairman of the Board of Management of Volkswagen AG, said that 2016 will be a year of transition for Volkswagen, and will also see the accelerated transformation of the company. Key figures for 2015. billion (previous year: €202.5

2015 150
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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

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According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values. House appreciation historically has been used to finance the purchase of a new vehicle about 20% of the time. —John Hoffecker.

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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

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” Already the world’s largest emitter of greenhouse gases by most accounts, China may have been looking to future negotiations, when it is likely to be categorized as a developed rather than developing country. All agreements would be legally binding, and would be subject to independent verification. degrees Celsius.

Climate 236