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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

Green Car Congress

The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

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Canada Awards C$72.8M Subsidy to Husky Energy for Ethanol Plant

Green Car Congress

Proposed regulations will require 5% renewable fuel content based on the national gasoline pool by 2010 and 2% renewable content in diesel and heating oil by 2011 or earlier, subject to technical feasibility. The Government of Canada will award up to C$72.8 million (US$67.8 The Government of Canada plans to invest up to C$1.5

Canada 170
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PECO Expanding Fleet with NGVs & PHEVs

Green Car Congress

The utility is participating in a national consortium that recently was awarded a federal stimulus grant to purchase plug-in hybrid electric vehicles (PHEVs), and the company is buying more trucks to run on compressed natural gas (CNG) as well. The matching stimulus grant will provide up to $2.5 million for the vehicle conversions.

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

Green Car Congress

The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon.

Renewable 220
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Headwaters and University of Utah Form JV for Carbon Storage

Green Car Congress

Headwaters Incorporated has formed a joint venture with the University of Utah—Headwaters Clean Carbon Services LLC (HCCS)—which will provide a full range of services for CO 2 geologic storage and CO 2 used for enhanced oil recovery and enhanced coalbed methane recovery. Jim Lepinski, President of HCCS.

Utah 150
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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). Earlier post.). Five months ago.

Financing 150
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NYC Goes EV

Revenge of the Electric Car

Electric cars, though, could “provide a significant reduction in fuel usage, greenhouse gas emissions, noise, and local air pollution compared to conventional gasoline-powered vehicles,” according to the electric vehicle study. billion in stimulus grants to the industry. If by 2015, 2.5 roads by 2015 and has provided $2.4