article thumbnail

Delek sells AltAir renewable diesel/jet business to World Energy for $72M

Green Car Congress

The sale includes all of Delek’s membership interests in AltAir Paramount, LLC which operates a 3,000 barrel per day renewable diesel and renewable jet fuel facility, Delek’s idled Paramount refinery, and associated pipelines and storage tanks. Delek US Holdings, Inc. The logistics operations consist of Delek Logistics Partners, LP.

Renewable 150
article thumbnail

DOE Turns Down V-Vehicle Loan Applications

Green Car Congress

million to re-equip and tool an existing manufacturing facility as VVC’s first regional assembly plant in Monroe, Louisiana. The DOE conducted an extensive technical, market, financial, regulatory, credit and legal analysis following its determination that the applications were substantially complete in May 2009.

San Diego 186
article thumbnail

EPA Administrator broadly outlines Trump Administration thinking on fuel economy standards and California

Green Car Congress

Which is one reason why electric vehicles are still—despite billions of dollars in subsidies—less than 2 percent of new vehicle sales. Of the roughly 57,000 households that received the EV tax credit in 2016, nearly 80 percent had at least a six-figure income. Those costs are passed on to consumers.