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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

Green Car Congress

Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. In prior work with DOE, MTR has advanced membrane CO 2 capture technology for coal power plants through small engineering scale testing and studies. Chevron USA.

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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

Green Car Congress

The average US residential customer pays 12 cents per kilowatt-hour (kWh) , which means the cost to drive one mile in an EV is somewhat less than 4 cents. By contrast, at 25 miles per $3 gallon of gasoline, those miles cost 12 cents each. Coal still supplies more power in the US than anything else, with natural gas next.

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

Green Car Congress

Dr. Don Paul is the Executive Director, University of Southern California Energy Institute and a former vice president and chief technology officer of Chevron. Dr. Neil Auerbach of Hudson Capital points out “ Every 100 bps increase in cost of debt = $2-$5 MWh cost of renewable energy. Energy Markets in a State of Change.

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Greentech Media | ECOtality CEO: Fast Charging and Why Battery Swapping Is Doomed

Tony Karrer Delicious EVdriven

Currently, battery costs are one of the main barriers, but these barriers are declining as usage and production increase while new technologies and materials continue to push down costs. Electricity costs are relatively inexpensive. New investments in battery technology and production are announced daily.

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

And, if you consider lifetime costs of owning an EV versus owning a traditional internal combustion car, even if the initial purchase price of the EV is much more than your combustion car and you have to replace a battery for $4,000 after 7-10 years, the EV still costs less to operate. If you charge with solar, is way less.

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