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ARTBA says new 54.5 mpg fuel efficiency standard would result in $65+ billion in lost revenue for highway and transit projects

Green Car Congress

Per gallon federal gasoline and diesel taxes collected at the pump are deposited into the federal Highway Trust Fund (HTF). By law, these excises are the primary revenue source for financing road, bridge and transit projects. The less motor fuel used by drivers, the less revenue generated for improvements financed through the HTF.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

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It also reviews policies and implications that could affect future market growth. between 2016 and 2017, bringing the state’s ZEV market share to 4.5%, compared to 3.6% From 2010 through 2016, average battery cost per kilowatt-hour has dropped 74%, from over $1,000 to $273/Kwh while energy density has improved 5% per year.

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Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

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In his remarks at the Annual Media Conference, where the Group presented 2015 results, Matthias Müller, Chairman of the Board of Management of Volkswagen AG, said that 2016 will be a year of transition for Volkswagen, and will also see the accelerated transformation of the company. The return on sales before tax decreased to –0.6%

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Opinion: Expect A Wave Of Consolidation In The Oil Industry

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The point is, with volumes languishing (and probably poised to decline) tied to a flat oil futures price curve and with economics marginal at $60 per barrel, many E&P operators find themselves running through hedges in 2015 and still in need to finance their already reduced capital spending.

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Major power and gas company E.ON splitting in two; focusing on renewables, spinning off conventional power generation

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These two missions are so fundamentally different that two separate, distinctly focused companies offer the best prospects for the future. This will enhance E.ON’s financial flexibility for future growth investments. New setup to be implemented by 2016. —E.ON SE CEO Johannes Teyssen. Conventional energy. billion (US$3.1

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. Both Saudi Arabia and Russia paint positive portraits on current and future economic performance. IMF WEO Data: Recessions as far as the Eyes can See. and $65.65

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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

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Charging infrastructure financing: Unlocking Up $4.5 Loan guarantees can be an important tool to commercialize innovative technologies because these projects may be unable to obtain full commercial financing due to the perceived risks associated with technology that has never been deployed at commercial scale in the United States.

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