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US Departments of Treasury, Energy Announce More Than $3B in Recovery Act Funds for Direct Payments for Renewable Energy Projects

Green Car Congress

Funded through the American Recovery and Reinvestment Act (Recovery Act), the program will provide direct payments in lieu of tax credits in support of an estimated 5,000 biomass, solar, wind, and other types of renewable energy production facilities. This direct payment program allows for an immediate stimulus in local economies.

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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. Cap and Trade Disappointment. Five months ago.

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Tesla stock: Morgan Stanley pumps the brakes and lowers PT ahead of earnings

Teslarati

It launched the Cybertruck, a new Model 3 design, and has plenty of other catalysts moving into 2024. especially, Tesla is adjusting the narratives that surround some of its vehicles and their eligibility for EV tax credits. The company reached its 1.8 million unit delivery goal in 2023.

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

Green Car Congress

The ethanol industry would like to raise the amount to 15% or 20%, but they are facing strong resistance from automakers and small equipment manufacturers who believe 15% blends may damage the 97% plus engines on the market that weren't designed to run on anything more than 10% ethanol. gasoline would need to be greater than $2.80/gallon

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

Tony Karrer Delicious EVdriven

Bob Lutz’s Latest Volt Test Drive Sprinting for Green Stimulus Dollars New Subsidies for Electric Cars in Britain Electric Car Makers: Oregon Wants You G.M. Take for instance the grossly-oversized wheels: a more aerodynamic design would use smaller ones, to minimize turbulence around the opening. It’s called aerodynamics.

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