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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

Green Car Congress

Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. This work will focus on designing a carbon capture system capable of capturing 50 to 70 percent of CO 2 emissions from blast furnace gas.

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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

Green Car Congress

The average US residential customer pays 12 cents per kilowatt-hour (kWh) , which means the cost to drive one mile in an EV is somewhat less than 4 cents. By contrast, at 25 miles per $3 gallon of gasoline, those miles cost 12 cents each. Coal still supplies more power in the US than anything else, with natural gas next.

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

Green Car Congress

Dr. Don Paul is the Executive Director, University of Southern California Energy Institute and a former vice president and chief technology officer of Chevron. Dr. Neil Auerbach of Hudson Capital points out “ Every 100 bps increase in cost of debt = $2-$5 MWh cost of renewable energy. Energy Markets in a State of Change.

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Greentech Media | ECOtality CEO: Fast Charging and Why Battery Swapping Is Doomed

Tony Karrer Delicious EVdriven

The electric grid is the most advanced energy-distribution network ever created and is constantly only a few feet away from us (far more ubiquitous than gas/ethanol/hydrogen stations). The first step was the hybrid, which proved to the world that electric power can reduce gas consumption. Electricity costs are relatively inexpensive.

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Next post States’ Proposals for Gas Taxes Sputter 11 Comments 1. Even if you charge your EV with electricity made from coal fired generators you reduce your car’s pollution by half. But that cost in a built as an EV is much less than an ICE’s costs by about 1/2. If you charge with solar, is way less.

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