article thumbnail

Pike Research forecasts global biofuels market to double by 2012 to $185.3B

Green Car Congress

despite huge demand for biofuels from transportation end-markets, access to inexpensive feedstocks and financing hurdles remain challenging obstacles for biofuels production trying to keep pace with emerging mandates. Number of off-take agreements with oil and chemical will increase, confirming the trend. versus chemicals, etc.),

Global 253
article thumbnail

IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal. The local industry is already recovering, with commercial vehicle plants re-opened. —Andrej Divis, director of commercial vehicle data & forecasts at IHS Markit.

2020 191
article thumbnail

Pike Research forecasts global biofuels market value to double to $185B by 2021

Green Car Congress

between 2017 and 2021, as a combination of higher oil prices, emerging mandate. The report identifies a number of key trends, including: Oil prices are expected to climb over the next decade, driving increased interest in. The number of off-take agreements with oil and chemical will increase, confirming the trend.

Global 225
article thumbnail

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. Oil prices are going to go up. millionthis year from $211.9 million, according to the EnergyDepartment Web site.

Obama 53
article thumbnail

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

People-Oriented Development Current Status of REDD Financing the Fifth Fuel Peak Phosphorus - Commence Urine Recyling on Space. The Three Prongs of the “Green&# Energy Stimulus Pa. Renewables That Even Coal-Based Utilities Can Love. ► January (13) What Goes Down, Must Go Up? 2) Chevy Volt (2) China (2) ECOD3.SA SZ (1) 6753.T

Grid 28
article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. Additionally, consumers are likely to opt for more economical choices when possible, avoiding premium consumer goods.

Economy 52