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Supported projects range from incentives for cleaner trucks and buses, and mobility options such as bike- and car-sharing, to consumer rebates for clean cars. billion Fiscal Year 2022-23 Funding Plan for Clean Transportation Incentives will benefit priority populations. billion for clean trucks and buses, and off-road equipment.
million in funding for state programs that will improve public health by helping to clean up California’s fleet of cars, trucks and buses. The Air Resources Board will move $8 million from other clean vehicle projects into ARB’s Truck Loan Assistance Program. The Clean Vehicle Rebate Project received an influx of $44.5
billion investment plan that will increase access to clean vehicles and clean mobility options through a wide variety of projects that support the transformation of California’s vehicle and equipment fleet to zero-emission. Funded projects include: $525 million for clean car rebates through the statewide Clean Vehicle Rebate Project.
The US Environmental Protection Agency (EPA) has awarded $5 million to the Southern Alliance for Clean Energy (SACE) to help Southern truckers and small businesses to buy cleaner big rigs. The Clean Trucks Make Cents program will finance up to 100% of the purchase or lease of a pre-2007 tractor-trailer.
New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. The decline was not confined to China, however.
The California Air Resources Board will transition its existing Clean Vehicle Rebate Project (CVRP) program to a new program targeting low- and middle-income Californians. The program was originally designed to encourage the early adoption of emerging technology, and its goal was to accomplish a 16% market share for clean vehicles.
GE Capital’s Transportation Finance business and Clean Energy Fuels Corp., the largest provider of natural gas fuel for transportation in North America, have entered into a strategic alliance to accelerate the conversion of heavy-duty trucking fleets from diesel to cleaner-burning, less-expensive natural gas.
The US Environmental Protection Agency (EPA) announced three recovery act grants totaling $20 million in funding for the SmartWay Clean Diesel Finance Program. These recovery act grants will fund the purchase of new, cleaner or retrofitted vehicles and equipment.
Senate Finance Committee Chairman Max Baucus (D-Mont.) This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US. Specific proposals include: Clean electricity tax credit.
We believe that clean distributed power generation from fuel cells will be one of the key technologies that drive our country toward a cleaner energy future. FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes.
GE and Clean Energy Fuels are collaborating to expand the infrastructure for natural gas transportation in the United States. As part of the collaboration, Clean Energy Fuels will initially purchase two MicroLNG plants from GE Oil & Gas. GE’s MicroLNG plant can liquefy natural gas at any point along a gas distribution network.
An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., Renewable energy is another solution.
In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. In addition, the President has directed his Administration to purchase cleaner alternatives to HFCs whenever feasible and transition over time to equipment that uses safer and more sustainable alternatives.
Clean Energy Ventures , a $110-million venture capital firm investing in early-stage climate tech startups, is leading the investments in two battery startups: one in the upstream ( N th Cycle ) and one in the downstream ( Volexion ). million in funding from investors led by climate tech venture capital firm Clean Energy Ventures.
The Pennsylvania Department of Environmental Protection (PA DEP) awarded $516,637 in clean diesel grants to four organizations. The clean diesel program’s goal is to improve air quality by decreasing emissions from diesel-powered transit bus and school bus fleets. Jennings Transportation Corp.:
The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). CEFC finance remains central to filling market gaps, whether driven by technology, development or commercial challenges. The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance.
The California Air Resources Board approved a $483 million plan to fund clean car rebates, zero-emission transit and school buses, clean trucks, and other innovative, clean transportation and mobility pilot projects. Over the past five years, the Legislature has appropriated nearly $1.2
This funding comes from DOT’s Buses and Bus Facilities Program and Low or No Emission Vehicle (Low-No) Program, helping transit agencies purchase and lease new, cleaner vehicles and renovate and construct the infrastructure needed for zero-emission transit vehicles. Cleaner Transportation in the Coachella Valley. City of Fresno.
The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. billion) in loans for cleaner vehicles, thereof €3.4 billion) in loans for cleaner vehicles, thereof €3.4
Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.
Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. Integrated pilot and ten percent of full-scale conversion facilities will be financed to determine suitable technologies for full-scale commercial deployment.
The Clean Energy Finance Corporation has announced $20 million in funding for 500 subscription EVs destined to be used in rideshare transport services like Uber. The post Australian rideshare is about to get cleaner as government funds 500 subscription EVs appeared first on The Driven.
million, $740,000 will go to the California Pollution Control Financing Authority (CPCFA), which provides financial assistance to projects aimed at reducing pollution and waste and encouraging the use of renewable energy. Officials estimate the money will support loans for about 90 clean-diesel vehicles.
The unparalleled decline is staggering in both its scale and swiftness, with serious potential implications for energy security and clean energy transitions. The slowdown in spending on key clean energy technologies also risks undermining the much-needed transition to more resilient and sustainable energy systems. —Dr Birol.
Following the site selection and facility design process, the Alliance will request a formal grant from the Commonwealth to construct a demonstration plant and produce its cleaner fuel on a larger scale. The Alliance expects to complete the study in three to four months.
Investors in the eMethanol facility developer include Alfa Laval, Carbon Clean, Falkor, Haldor Topsoe, Siemens Energy and Uniper. A Power-to-Fuel company, Liquid Wind will develop and finance facilities to produce carbon-neutral liquid fuel, eMethanol.
The European Investment Bank and PSA Peugeot Citroën signed a €200-million (US$259-million) loan agreement to finance the carmaker’s program to develop plug-in hybrid vehicles. The loan was granted under the European Clean Transport Facility (ECTF) financing program, one of the EIB’s measures for stimulating the European economy.
With this new financing, Motiv aims to scale further its manufacturing operations, as well as fund technology and geographic expansion. As an example, the California Advanced Clean Truck rule, implemented by California’s Air Resources Board, mandates 50% of trucks sold in California must be zero-emissions by 2035, and 100% by 2045.
The amendments are designed to provide new flexibility to truckers working to clean up their aging diesel fleets while still protecting the emission benefits the regulation provides. The California Air Resources Board has unveiled. proposed amendments to its Truck and Bus Regulation. Board members will consider the changes at the 24 April.
The new targeted clean-up measures, which could reduce local pollution levels of PM 10 by 10-20% where applied, are financed from a Clean Air Fund secured by the Mayor and TfL from the Department for Transport (DfT). In addition, action is being taken to deliver a permanent legacy of cleaner air right across the Capital.
Efforts should shift from building highway networks to building other forms of transportation that are cleaner, more efficient, and in high demand. commuting provide a service in addition to information about smarter, cleaner travel choices. Prioritize cleaner transportation modes throughout all programs and policies.
The California Air Resources Board approved the Advanced Clean Cars II (ACC II) rule. billion over three years, for investment in ZEV adoption, as well as clean mobility options for California’s most environmentally and economically burdened communities. Governor Newsom proposed, and the Legislature has approved, $2.7
In California, we have proven this before with electricity use and, as our study results indicate, we are ready to prove it again with clean cars. California continues growth at levels forecast y the Department of Finance. By reducing fuel use, cleaner, more efficient vehicles save families and businesses money.
It also solves our plastics and waste problems by turning them into green hydrogen, and does it cleaner and at costs far lower than any other green hydrogen producer. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry. Rex Parris.
While the 12 th Five Year Plan document has not been publicly disclosed, it appears to DBCCA that the Plan will continue to place significant emphasis on green development, and that China is accelerating its path toward decarbonizing and cleaning up its power and industrial infrastructure. —DBCCA.
This is essential both for preventing irreversible degradation of resources and ecosystems, and for realizing the multiple benefits of greener cities, from savings through energy-efficient buildings, or the health and climate benefits of cleaner fuels and vehicles. —Achim Steiner, UN Under-Secretary-General and UNEP Executive Director.
The Alternative Fuels Infrastructure Regulation requires that aircraft and ships have access to clean electricity supply in major ports and airports. The Social Climate Fund would be financed by the EU budget, using an amount equivalent to 25% of the expected revenues of emissions trading for building and road transport fuels.
The NO 2 plan is one element in the Government’s efforts to deliver clean air. In 2018, the Government will publish a comprehensive Clean Air Strategy which will address other sources of air pollution. 27M – Clean Bus Technology Fund and Clean Vehicle Technology Fund. 11M – Air Quality Grant.
To facilitate local, state and regional infrastructure deployment, Sommer suggested that the regulators will also need to support programs that reinforce these efforts to support mass electric vehicle adoption including the Department of Energy’s Clean Cities program and the Department of Transportation’s MAP-21 program. This should be a U.S.
Its energy division—CIMC ENRIC—is a world-leading manufacturer of key equipment and services provider of engineering and system solutions for the clean energy, chemical and liquid food industries. CIMC is a large, industrial conglomerate that has been a partner of Maersk for more than two decades.
The country has adopted a series of aggressive environmental goals, part of which is a credit system designed to encourage automakers to develop cleaner cars. Under the system, carmakers are awarded green credits for making clean cars, which could then be offset against negative credits, which are given for producing polluting cars.
China, the world’s largest pollution emitter, is going green with clean energy alternatives and doing so quickly. Recent energy reports detail the nation’s commitment to implementing solar and wind power, so much so that it is expected to achieve its 2030 clean energy targets by the end of the month. In June, it activated a 3.5-gigawatt,
Key Steps to Cleaning Southern California’s Air Diesel Class 8 trucks run seemingly tail-to-nose from the Ports of Long Beach and Los Angeles to the Inland Empire in Southern California. How much cleaner could the air be if, instead of 50 trucks, it is 500, 1,000 or 10,000.
A number of market failures also potentially impinge on the diffusion of clean vehicle technologies. Information externalities occur in clean vehicle markets, as consumers do not always act rationally in terms of incorporating fuel savings into their purchasing decisions. knowledge, finance) among a variety of actors.
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