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The Government of India unveiled a transport stimuluspackage on 3 February 2009 to provide central funding to purchase buses for urban transport systems. India imports 70% of its diesel and gasoline. Outside of New Delhi, ten other major Indian cities also have aggressive natural gas vehicle conversion programs.
Finally, the various fuels will be tested to ensure that they can be used in place of conventional diesel, gasoline and jet fuels. The goal is to create fuels that can be used in place of diesel, gasoline and jet fuel—though jet fuel will be the most technically challenging. It has to be cost-competitive, or none of this makes sense.
Around the same time, General Motors will introduce the Chevrolet Volt, a vehicle able to go 40 miles on electricity before its small gasoline engine kicks in. Battery-powered motors are more efficient than gasoline engines. This is the game-changer for our industry,” said Carlos Ghosn, Nissan’s president and chief executive.
First, the industry is approaching the ethanol-to-gasoline blend wall of 10% ethanol, 90% gasoline in standard gas engines. Second, a Congressional Budget Office study issued in April said even with subsidies ethanol is only profitable when a gallon of gasoline costs 70% or more than a bushel of corn, i.e,
Honda, which began leasing hydrogen fuel cell FCX Claritysedans in Los Angeles last year, still sees hydrogen as the bestlong-term alternative to gasoline as a fuel that can cut carbonexhaust tied to global warming, President Takeo Fukui said in aninterview. in Japan’s Kyoto prefecture to make packsfor gasoline-electric hybrid cars.
Cause if you're without wheels, which is due to $4, $5, $6/gallon for gasoline, then "Happiness" is not likely yours! After all, if the US StimulusPackage program could do "Cash for Clunkers," then why not "Cash for Conversions!". Wheels, Guys! Just too carito! ?Es
The stimuluspackage 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. Billion vs. $28.3 Billion in 2008). Five months ago.
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