Remove Cleaner Remove Energy Remove Financing Remove Legal
article thumbnail

Bank of America joins Stanford’s Global Climate & Energy Project

Green Car Congress

Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone. Bank of America can help move GCEP technologies to commercialization.

Climate 218
article thumbnail

California ARB approves ACC II rule; 100% of LDVs to be PHEVS, ZEV by 2035; LEV IV emissions requirements

Green Car Congress

It does not impact existing vehicles on the road today, which will still be legal to own and drive. By model year 2031, individual vehicle battery packs are warranted to maintain 75% of their energy for eight years or 100,000 miles. Sales of new ZEVs and PHEVs will start with 35% that year, build to 68% in 2030, and reach 100% in 2035.

PHEV 195
article thumbnail

California ARB fines Ford $2.96 million for sales of non-compliant On-Board Diagnostic systems in California

Green Car Congress

million, $740,000 will go to the California Pollution Control Financing Authority (CPCFA), which provides financial assistance to projects aimed at reducing pollution and waste and encouraging the use of renewable energy. In addition to the $740,000 for the CPCFA, $2.22

article thumbnail

Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

article thumbnail

Tata AutoComp’s ‘Make in India’ push for EVs | Autocar Professional

Baua Electric

Moreover, TACO supplies battery energy storage systems to Tata Power, capitalising on their knowledge of making battery packs and BMS. They have already started supplying to Tata Power’s 120MW Battery Energy Storage System (BESS) facility in Chhattisgarh.

India 52
article thumbnail

Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

Green Car Congress

Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. It’s been said that the United States is the Saudi Arabia of coal—and that’s because, as I said, it’s one of our most abundant energy resources.

Obama 218
article thumbnail

Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

The other goal, of course, is the system’s ultimate purpose: to reduce greenhouse-gas emissions by channeling funds into cleaner technologies. Additionality is proof that the renewable-energy project would not happen without the capital generated by selling carbon credits. what would have happened anyway). CONCLUSION.

Carbon 255