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ADB approves $499M loan to establish facility for improved air quality in greater Beijing area; includes hydrogen transport

Green Car Congress

The Asian Development Bank’s (ADB) Board of Directors approved a €428-million ($499-million) loan to set up a regional emission-reduction and pollution-control facility as part of a multiyear and multisector support program to improve air quality in the greater Beijing-Tianjin-Hebei (BTH) region, which suffers from heavy air pollution.

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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09 on 30 June to $61.60

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DOE releases draft of $8B loan guarantee solicitation for advanced fossil energy projects

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The US Department of Energy (DOE) released a draft for comment of an $8-billion loan guarantee solicitation for innovative and advanced fossil energy projects and facilities that substantially reduce greenhouse gas and other air pollution. The program is part of President Obama’s climate action plan. Earlier post.).

Energy 199
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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

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First, the Environmental Protection Agency (EPA) finalized the Renewable Fuel Standard Program (RFS2) rule to implement the long-term renewable fuels standard of 36 billion gallons by 2022 established by Congress and also issued the targets for 2010. And we want to get up 10 commercial demonstration projects, get those up and running by 2016.

Obama 218
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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The SPEG process extracts all carbon from the waste feedstock, removes all particulates and acid gases, and produces no toxins or pollution. It not only solves our air quality and climate challenges by producing pollution-free hydrogen. That’s why our partnership with SGH2 is so important. This is game-changing technology.

Waste 448
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Worldwatch: Fossil fuel subsidies continue to outweigh those for renewable energy; international pledges on reform unfulfilled

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GSI, in collaboration with the National Institute for Public Finance and Policy (NIPFP) and The Energy Resource Institute. The US National Academy of Sciences estimates that fossil fuel subsidies cost the United States $120 billion in pollution and related health care costs every year. Oil demand would be reduced by 3.7

Renewable 312
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Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

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Based on an ADB study, gasoline-fueled tricycles are responsible for more than two-thirds of all air pollution generated by the country’s entire transport sector. Once the project is completed in December 2017, ADB will have financed upgrades to nearly 2,200 km (1,367 miles) of the network.