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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

President Barack Obama’s 2016 Budget requests $29.9 The FY 2016 DOE Budget Request represents a 9% increase ($2.5 billion, the FY 2016 Budget requests $4.8 billion, the FY 2016 Budget Request provides $5.34 billion for the US Department of Energy (DOE). billion) above the FY 2015 enacted level. Within the $10.7

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Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

Green Car Congress

Volkswagen of America will invest $10 million by 2016 to support the build-out of electric vehicle charging infrastructure in the US, said Jörg Sommer, vice president, product marketing and strategy. Volkswagen would like to see federal financing support for establishing fast charging networks in urban areas and interstate corridors.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

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Charging infrastructure financing: Unlocking Up $4.5 billion in loan guarantees to support innovative renewable energy and energy efficiency projects in the United States. The DOE’s Alternative Fuels Data Center provides a comprehensive database of federal and state programs that support EVs and infrastructure.

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DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

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The President’s Climate Action Plan contains a goal of doubling renewable energy generation from wind, solar, and geothermal sources between 2012 and 2020. Leverage increased private sector financing for deployment of “all of the above” energy technologies. Support environmentally responsible development, delivery and use of.

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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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Industrial sources will not enter the program until 2016. Prior to 2016, allowance value is dedicated to offset electricity and natural gas rate increases for industrial rate-payers and to improve energy efficiency in manufacturing to keep power bills down in the future. Expanding manufacturing. Natural Gas.

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Europe moves forward on the Energy Union; transport key element

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The Commission will propose a resilience and diversification package for gas in 2015-2016 by revising the existing security of gas supply Regulation. The right infrastructure is a precondition for completing the energy market, integrating renewables and security of supply. It will meet for the first time in late 2015.