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New report showcases innovative finance tools to electrify truck, bus fleets; TCE Toolkit

Green Car Congress

Broader collaboration among key stakeholders and a new generation of finance solutions will be needed to electrify trucks and buses at scale by 2050, according to a report released today by Environmental Defense Fund (EDF), MJ Bradley and Vivid Economics. —“Financing the Transition”. —“Financing the Transition”.

Financing 221
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California adds $72.5M for cleaner diesel trucks, deployment of advanced vehicle technologies

Green Car Congress

Additionally, the board was briefed on additional funding the Legislature recently made available for clean car, truck and bus programs. This program provides vouchers of up to $55,000 to help California fleets purchase cleaner, advanced technology trucks and buses. Funding was approved for three specific programs.

Cleaner 246
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California to transition clean vehicle rebate program to helping low-income residents

Green Car Congress

The existing CVRP program will continue to accept applications while funding remains available. Once funding has been exhausted, the program will close to new applications, and updated information will be available on the CVRP website. Since its launch in 2010, the CVRP program has issued half a million rebates, totaling $1.2

Clean 271
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

Coal 243
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SolarCity and Honda establish investment find to finance $65M in solar projects for Honda and Acura customers

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are partnering to make solar power more affordable and available to Honda and Acura customers in the US, providing a cleaner source of electricity at a lower cost than utility-supplied power. SolarCity and American Honda Motor Co., < The offer is time-limited.

Acura 218
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Liquid Wind raises €4M in equity to produce eFuel

Green Car Congress

A Power-to-Fuel company, Liquid Wind will develop and finance facilities to produce carbon-neutral liquid fuel, eMethanol. To meet growing demand for cleaner fuel, Liquid Wind are designing the business to scale rapidly. When used as marine fuel, eMethanol reduces carbon emissions by 94% compared to current fossil fuels.

Wind 186
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. In addition, the President has directed his Administration to purchase cleaner alternatives to HFCs whenever feasible and transition over time to equipment that uses safer and more sustainable alternatives.

Obama 249