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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

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Euro Manganese enters offtake term sheet with battery-maker Verkor

Green Car Congress

Located approximately 90 km east of Prague , the Chvaletice Manganese Project entails re-processing a significant manganese deposit contained in waste (tailings) from a decommissioned mine that operated between 1951 and 1975. The offtake tonnages are equivalent to a percentage of the company’s annual HPMSM production on a take or pay basis.

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Li-Cycle receives conditional commitment for $375M loan from DOE ATVM program

Green Car Congress

The conditional commitment follows DOE technical, market, financial and legal due diligence and marks another significant milestone endorsing Li-Cycle’s development of the first commercial hydrometallurgical resource recovery facility in North America, located near Rochester, New York. Li-Cycle Holdings Corp.

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Velocys establishes strategic alliance with TRI for gasification systems for BTL plants

Green Car Congress

TRI—a leading provider of steam reforming gasification systems suitable for woody biomass and other waste feedstocks—will be Velocys’ preferred supplier of gasification systems for its biomass-to-liquids (BTL) plants. lowest-cost, most readily-available waste biomass). TRI), establishing a strategic alliance. Earlier post.)

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

Green Car Congress

The California Air Resources Board announced that Ford Motor Company has agreed to fines totaling $2,960,000 for violations of air quality laws related to the sale of vehicles with non-compliant On-Board Diagnostic (OBD) systems in California. Officials estimate the money will support loans for about 90 clean-diesel vehicles.

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The Case for Nuclear Cargo Ships

Cars That Think

And the reactors themselves are getting better, too: Fourth-generation small modular reactors (SMRs) being developed by companies including U.S.-based In South Korea, nine organizations, including shipping companies and the Korea Atomic Energy Research Institute , plan to develop and demonstrate large ships powered by SMRs.

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President’s Budget for FY 2013 boosts discretionary funds for DOE, cuts fossil fuel subsidies

Green Car Congress

priorities in clean energy and advanced manufacturing, through grants, financing assistance, and tax incentives that accelerate fundamental. nuclear waste that supports the implementation. Positions the Environmental Management program to meet its legally enforceable cleanup. These funds are. reactors R&D.

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