Remove Coal Remove Gasoline Remove Industry Remove Stimulus
article thumbnail

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

Green Car Congress

Why then do we not have the same clarity of goal for the electricity generating industry here in the USA? 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. Power plant capital costs.

Renewable 220
article thumbnail

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. Annual investment in the global renewables industry had grown from $16.5

Financing 150
article thumbnail

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

article thumbnail

Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

Wendel Dreve and Marion Gilliland have dedicated the past five years to pursing their dream of transforming the corn ethanol industry. First, the industry is approaching the ethanol-to-gasoline blend wall of 10% ethanol, 90% gasoline in standard gas engines. gasoline would need to be greater than $2.80/gallon

article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

While the Volt holds promise, it is currently projected to be much more expensive than its gasoline-fueled peers and will likely need substantial reductions in manufacturing cost in order to become commercially viable,” the task force noted in its recent assessment of GM’s restructuring plans. .&# and Chrysler. Whatever B.C.G.’s

Volt 42
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.

BYD 62
article thumbnail

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Renewables That Even Coal-Based Utilities Can Love. The Three Prongs of the “Green&# Energy Stimulus Pa. V2G helps solve the major problem that demand for electricity is high during the day when everything from industrial plants to air conditioning is running full blast and then excess electricity is wasted at night.

Grid 28