article thumbnail

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

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Is tax equity dead?

Financing 150
article thumbnail

Smart Meters and Electric Cars

Revenge of the Electric Car

Early support from those who can afford them, as well as the federal government, will be necessary, he said. The economic stimulus package currently before Congress could include incentives for both buyers of electric vehicles and electric vehicle battery manufacturers. He even knows what a plug-in hybrid is.&#.

article thumbnail

Coming Soon – The Electric City

Revenge of the Electric Car

Mr. Kim said the popularity of electric vehicles “will be a function of a lot of different things: the state of the economy, how many people can actually afford to buy the cars and the price of gasoline — how high does it have to be?”. They cost drivers on average only 2.5

article thumbnail

California Goes To Hell In A Handbasket But Greenius Says AB 811 is Our Route To Green Heaven

Creative Greenius

The treasure chest was cleverly disguised in the form of Federal stimulus money from the ARRA, the American Recovery and Reinvestment Act. But snatching victory from the jaws of defeat – like a last second Derek Fisher three pointer at the buzzer – as I discovered from Brian Gitt, is the infusion of ARRA stimulus money.