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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

The increase in fuel consumption we are forecasting for the summer driving season is a reflection of optimism about the US economy as COVID-19 vaccinations and fiscal stimulus support continued recovery. million b/d for all of 2021—up by 5.5 For diesel fuel, EIA expects retail prices to average $2.91/gal gal last summer.

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California Startup Aurica Motors Trying to Keep NUMMI Plant Open for Manufacturing Electric Cars, Battery Swap System

Green Car Congress

Startup electric car company Aurica Motors announced a plan to keep the NUMMI plant, which employs 4,700 people, from shutting down when Toyota leaves on 31 March. Aurica is trying to obtain Federal economic stimulus funding to convert NUMMI to electric car manufacturing, but is also open to private financing.

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

Green Car Congress

Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. IRENA’s macroeconomic analysis suggests that such investment creates a stimulus that, together with other pro-growth policies, will: boost global GDP by 0.8%

Renewable 199
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Mayor DiVirgilio: “Why Hermosa Beach is Going Carbon Neutral”

Creative Greenius

Now is the time to use the stimulus, grant and foundation money available to those who lead before the map is even drawn. Now is the time to step up and seize the opportunities available to those who act on new realities before they become mainstream trends.

Carbon 170
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Greenius Goes All AB 811 Over Green Task Force

Creative Greenius

But I also bring something more on top of all that. And what it takes is a week of reviewing the six hours of taped presentations and all the PowerPoints and related links from the April 29 California Energy Commission’s AB 811 Staff Workshop. And I loved every minute of all that digging, discovering.

Green 170
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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In Germany, renewable electricity generation will be 35 percent by 2020, and 50 percent by 2050. Why then do we not have the same clarity of goal for the electricity generating industry here in the USA? The same can be said for the electricity companies that generate power in the USA. EIA projections of renewables penetration.

Renewable 220
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Biofuel projects are going to have trouble getting financing from Wall Street this year because all of them have questions about the long term pricing of petroleum; most of them have concerns about the pricing stability of their feedstocks; and many of the cellulosic projects have concerns about the conversion technologies. Billion vs. $28.3

Financing 150