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ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

Green Car Congress

The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 As originally outlined by founding project partners Sasol, Petronas and Uzbekneftegaz, the project was estimated to cost some $4.1 The majority of production will be GTL diesel and GTL kerosene.

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San Pedro Bay Ports release draft of 2017 Clean Air Action Plan Update; $7-$14 billion price tag

Green Car Congress

The ports of Los Angeles and Long Beach released the draft of their proposed 2017 C lean Air Action Plan (CAAP) Update. A preliminary analysis estimates the cost of implementing the 2017 CAAP at $7 billion to $14 billion. The 2017 CAAP identifies the tougher measures needed to ratchet down emissions to zero or near-zero levels.

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BNEF: net-zero road transport by 2050 still possible, but big push needed

Green Car Congress

Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. Concessional finance has been a key enabler for the development of renewable power generation in emerging economies and could play a similar role in the EV sector.

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German OEMs to upgrade emissions control on 5.3M Euro 5 and 6 diesels, contribute to €500M Sustainable Mobility fund

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million currently approved Euro 5 and 6 diesels in the country, according to the outcome of the “National Diesel Forum” held in Berlin today between the automotive industry and the German Federal and state governments. At Wednesday’s National Diesel Forum. This also includes the further optimization of the diesel drive.

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Velocys receives FONSI from USDA for planned Mississippi biorefinery; wood waste to drop-in fuels

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Velocys is pursuing a USDA loan guarantee that could apply up to $200 million of debut as part of the total installed cost of the project. Velocys has engaged the global leading project finance bank, Sumitomo Mitsui Banking Corporation (SMBC), as the lender of record and as its financial advisor.

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India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

Earlier in 2019, the study showed that in 2019, electric vehicles powered by batteries were not yet cost competitive when compared to gasoline, diesel, or compressed natural gas (CNG) vehicles. For Bangalore, it was approved in 2017 and will operate and valid till 2023. Step two-Comparison of costs per km 2020 versus 2019.

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ICCT report highlights importance of California ZEV mandate for EV policies worldwide, recommends steps forward

Green Car Congress

It highlights the declining cost of EV technologies but also persistent market uncertainties. The California ZEV program supports three broad statewide policy goals: reduce criteria pollutant and greenhouse gas emissions; reduce gasoline and diesel fuel demand; and maintain leadership in environmental technology policy and foster job growth.