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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

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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. Pricing is subject to a floor price which ensures the company will meet its project financing debt covenants.

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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

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million, $740,000 will go to the California Pollution Control Financing Authority (CPCFA), which provides financial assistance to projects aimed at reducing pollution and waste and encouraging the use of renewable energy.

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

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Other key elements in the proposed budget for the DOE include: Increases funding for applied research, development, and demonstration in the Office of Energy Efficiency and Renewable Energy ($2.3 priorities in clean energy and advanced manufacturing, through grants, financing assistance, and tax incentives that accelerate fundamental.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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According to the group, an integrated climate change and clean energy policy framework should include: Clear short-, medium- and long-term greenhouse gas emission reduction objectives and targets, and comprehensive, enforceable legal mechanisms and timelines for delivering on these objectives and targets.

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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

First, the Environmental Protection Agency (EPA) finalized the Renewable Fuel Standard Program (RFS2) rule to implement the long-term renewable fuels standard of 36 billion gallons by 2022 established by Congress and also issued the targets for 2010. Renewable Fuels Standard (RFS2). President Obama.

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