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SK Innovation Q2 profit tops forecast, battery unit eyes EV demand recovery – ET Auto

Baua Electric

. “While we saw drops in EV battery shipment in the first quarter caused by customers’ battery inventory adjustment, we expect to see improved market environment backed by launches of new EVs in North America,” SK On Chief Financial Officer Kim Kyunghoon said in a post-earnings conference call.

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GAO Report Concludes Industry and Government Face Significant Challenges in Meeting RFS Target While Minimizing Unintended Adverse Effects; Suggests Federal Research Give Priority to Non-Ethanol Biofuels

Green Car Congress

As part of the report, which was requested by Senators Barbara Boxer (as Chair of the Senate Committee on Environment and Public Works) and Susan Collins, the GAO makes several recommendations to Congress and for executive (i.e. Federal tax credits, the RFS, and the ethanol tariff have primarily supported conventional corn starch ethanol.

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National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Green Car Congress

As of 2010, biofuel production was contingent on subsidies, tax credits, the import tariff, loan guarantees, RFS2, and similar policies. If competition for bioenergy feedstocks intensifies because of low supply, the price will likely increase. Greenhouse gas emissions.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g., Policy Instruments. Recent public policies in the United States and other countries have improved the prospects for initial commercialization of PEVs.

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

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. customers $600 a month to lease.Honda hasn’t revealed its production price. Oil prices are going to go up. millionthis year from $211.9 The vehicle costs U.S.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

billion, helped by the recovery in sector share prices between mid-2012 and March 2014, and by the popularity with investors of US “yieldcos” and their European equivalents, quoted project funds. Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year.

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Bill aims to boost natural gas vehicles

Green Cars News

The bill, which was sponsored by Democratic Senator Robert Menendez, will extend tax credits for 10 years on buying vehicles that run on natural gas as well as installing natural gas refuelling stations. It is expected that the bill will also provide grants for the development of light- and heavy-duty natural gas engines.

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