article thumbnail

DOE updates eGallon prices; Sec’y Moniz highlights growth of PEV sales

Green Car Congress

Ernest Moniz highlighted the continued growth of plug-in electric vehicle (PEV)sales—more than doubling in the first 6 months of 2013 to 40,000 units compared to the same period in 2012—as the US Department of Energy (DOE) released its most recent pricing data showing the low cost of fueling on electricity. from $1.14

Price 218
article thumbnail

EPIC: state-level renewable electricity mandates increase electricity prices up to 17% over 12 years; cost more expensive than benefit

Green Car Congress

As states take the lead in confronting climate change, a flagship policy is often Renewable Portfolio Standards (RPS). A new study analyzing data from the 29 states and District of Columbia with mandatory RPS policies finds that the policies come at a high cost to consumers and are inefficient in reducing carbon emissions.

Renewable 207
article thumbnail

ICCT study finds state EV incentives playing a significant role in driving sales

Green Car Congress

A study by a team from the International Council on Clean Transportation (ICCT) shows that state electric vehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electric vehicle sales. Source: ICCT. Click to enlarge. Source: ICCT. Click to enlarge. —Jin et al. —Jin et al.

Sale 374
article thumbnail

President Obama, DOT Secretary Foxx announce $600M for 6th round of TIGER funding for transportation projects

Green Car Congress

TIGER Discretionary Grants may be used for up to 80% of the costs of a project. DOT may increase the Federal share above 80% only for projects located in rural areas, in which case DOT may fund up to 100% of the costs of a project. intermodal projects. The $474-million 2013 TIGER round alone supported $1.8

Obama 246