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CARB approves $423M plan to mitigate harm from Volkswagen defeat devices; significant investments in heavy-duty vehicles and equipment sectors

Green Car Congress

These proposed amounts are expected to fund up to 95% of the cost of a battery-electric school bus; to fund the incremental costs of a zero-emission transit bus above the typical Federal Transit Administration funding; and to fund a large portion of the incremental costs for a battery-electric shuttle bus. 63 million in reserve.

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CMU study concludes diesel and hybrid vehicles can retain more value than PFI gasoline vehicles despite higher new car price

Green Car Congress

Regardless of the mechanism, they concluded, the higher resale prices justify the higher capital cost for the diesel and hybrid passenger cars and for larger diesel trucks on a total cost of ownership basis. It’s been generally known that diesel vehicles typically post lower operating costs because of their increased fuel economy.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Norway leads electric vehicle (EV) adoption, boasting the highest share of new EV purchases worldwide. This approach of virtually redesigning the tax structure within the auto industry also stands out amongst other countries, which mainly rely on direct subsidies to incentivize EV purchases over internal combustion engine cars.

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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh kWh average cost of electricity in the United States and globally. The global solar market is expected to install 22 MW of electricity in 2011.

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California Energy Commission awards more than $1.8M additional funding to further UCSD microgrid project; energy storage, EV charging and V2G services are components

Green Car Congress

Decrease the ancillary services cost per additional MW of solar power on the grid by 50%, if the proposed forecasting model was used operationally. This will reduce the indirect cost of solar power to California ratepayers. MW of Solar PV installed, additional 2 MW planned. MW of fuel cells in operation.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

During past eight years the number of plug-in electric vehicle models has increased from one to more than 20, battery costs have decreased 70%, and the number of electric vehicle charging stations has increased from less than 500 in 2008 to more than 16,000 today—a 40-fold increase. Electric vehicle coalition.

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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

Average annual capital needs and gap estimates, all levels of government, 2008-35 (in 2008 dollars). An ever-expanding backlog of investment needs is the price of our failure to maintain funding levels—and the cost of these investments grows as we delay. Click to enlarge. of GDP today.