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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Earlier post.). Providing a toolkit for climate resilience.

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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

Green Car Congress

Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The Panda Hummel generating station will be fueled with Marcellus Shale gas, which is expected to provide the project with a significant operating cost advantage.

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ARTBA says new 54.5 mpg fuel efficiency standard would result in $65+ billion in lost revenue for highway and transit projects

Green Car Congress

The new Obama Administration proposal to increase fuel efficiency standards for cars and light trucks to an average 54.5 By law, these excises are the primary revenue source for financing road, bridge and transit projects. The less motor fuel used by drivers, the less revenue generated for improvements financed through the HTF.

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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The nation faces a crisis. Summary of revenue options. Click to enlarge.

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

Green Car Congress

At a meeting with a bipartisan group of governors from around the country, President Barack Obama yesterday laid out three measures intended to work in concert to boost biofuels production and reduce US dependence on petroleum. Third, the President’s Biofuels Interagency Working Group (BIWG) released its first report: Growing America’s Fuel.

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President Obama Establishes Biofuels Interagency Working Group; Push on Biofuel Development/Commercialization and Flex-Fuel Vehicle Use

Green Car Congress

US President Barack Obama has established a Biofuels Interagency Working Group, to be co-chaired by the Secretaries of Agriculture and Energy and the Administrator of the Environmental Protection Agency, to further the research, development and commercialization of biofuels. This is a very aggressive directive from the President.”

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Charging infrastructure financing: Unlocking Up $4.5 Loan guarantees can be an important tool to commercialize innovative technologies because these projects may be unable to obtain full commercial financing due to the perceived risks associated with technology that has never been deployed at commercial scale in the United States.

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