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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Other than the good news on oil consumption, very little was said in regards to transportation fuels. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. The US is in a race for global dominance in the new energy economy with China.

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

Tony Karrer Delicious EVdriven

So far, President Barack Obama has announced no new federaleffort to promote the fuel, and federal funding for hydrogen fortransportation use in the 2009 budget dropped to $177.7 Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars.

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