Remove Grant Remove Grid Remove Purchase Remove Stimulus
article thumbnail

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. Grant Davis is a Managing Director at New York Life Investments.

Financing 150
article thumbnail

Will Obama’s billions jumpstart the electric car? The Green Piece

Green Cars News

If you listen to US President Barack Obama it has been a long time coming – his decision to pour $2.4billion of stimulus money to make America a global leader in electric and hybrid car development comes as the country plays catch up to the likes of Japan and even China in the green car race (see article ). “I Who will benefit? Our verdict.

Green 51
article thumbnail

NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. On the Grid.

article thumbnail

Chipping away at the ICE

Electric Auto Association

Now there are more than 40 locations that have applied for Texas Commission on Environmental Quality VEMP Level 2 grants , and I know of a few more that are still discussing plans in committee. I tell everyone about vehicle-to-grid technology, and remind them that diesel fuel gels when they forget to add the anti-gel.

Texas 71
article thumbnail

Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

Green Car Congress

The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. The credit generally is available for vehicles purchased after 2005. Funds under this heading include: $2.5

Stimulus 150