Remove Commercial Remove Cost Remove Stimulus Package Remove Tax Credit
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. Costs are also falling due to classic economics.

Financing 150
article thumbnail

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

We are thinking about plug-in hybrids, but we aren’tthinking about commercializing one right away,” Fukui said. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. The vehicle costs U.S.

Obama 53
article thumbnail

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

Green Car Congress

Second, a Congressional Budget Office study issued in April said even with subsidies ethanol is only profitable when a gallon of gasoline costs 70% or more than a bushel of corn, i.e, It is believed Valero purchased the plants at 30% of their original construction cost. (In gasoline would need to be greater than $2.80/gallon