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EPA Awards $20M in Recovery Act Funding for Clean Diesel Finance Program

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The US Environmental Protection Agency (EPA) announced three recovery act grants totaling $20 million in funding for the SmartWay Clean Diesel Finance Program. Overall, the recovery act allotted $300 million for the National Clean Diesel Campaign, $30 million of which will fund SmartWay Clean Diesel Finance Program grants.

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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

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While notable exceptions exist, the report says, the financing framework is often skewed towards supporting the motorization model: Domestic public finance is mainly used to build and maintain infrastructure to cater to increasing levels of motorized traffic.

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Solazyme Raises $52M in Series D Financing Round

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a renewable oil production and algal biotechnology company, announced that it has raised $52 million in its Series D financing round. Solazyme uses microbial fermentation to produce renewable oil that can be used for clean and scalable fuels, chemicals, nutritional food ingredients and health and wellness products. Solazyme, Inc.,

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EPA Awards $5.6M to Spur New Clean Diesel Technologies

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million for emerging technologies projects as part of a summer-long roll-out of $120 million in clean diesel grants. Most clean diesel grants involve widely used strategies such as retrofits or replacements. Puget Sound Clean Air Agency for nearly $1.2 Direct grants to all states for clean diesel programs.

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EIB to Contribute Up to €300M in Financing to Valeo for €645M Fuel Consumption and Emissions Reduction Projects

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The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. billion) under ECTF (European Clean Transport Facility). billion (US$4.8 billion (US$4.8

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Clean Energy to Acquire BAF Technologies, Natural Gas Vehicle Technology and Conversion Company

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Clean Energy Fuels Corp. million of BAF’s outstanding debt is held by Clean Energy Finance, a wholly owned Clean Energy subsidiary, Clean Energy anticipates paying a net amount of approximately $4.5 Littlefair, Clean Energy’s President and CEO. Tags: Brief. Due to the fact that approximately $3.8

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EPA Awards $16.8M in Recovery Act Funds to Clean Up Underground Petroleum Leaks

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million in Recovery Act Funds for four states and the District of Columbia to assess and clean up underground storage tank petroleum leaks. Tags: Brief. The US Environmental Protection Agency announced another $16.8 The latest awards are: $6,163,000 to Pennsylvania. 4,674,000 to Virginia. 3,712,000 to Maryland.