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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).

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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

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The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. —PCAST letter to the President. The six key components are: 1.

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West Virginia Senator Robert Byrd: Coal Must Embrace The Future

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” “ Some have even suggested that coal state representatives in Washington should block any advancement of national health care reform legislation until the coal industry’s demands are met by the EPA, ”, wrote Byrd. West Virginia is home to about 22,000 coal miners, down from 62,500 in 1979.

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Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases

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Obama was delivering a speech on energy policy at Georgetown University. Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency. —President Obama.

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Obama Administration Announces $8.33B in Loan Guarantees for New Nuclear Power Reactors in Georgia; First New US Nuclear Power Plant Project in Nearly 3 Decades

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President Obama announced that the Department of Energy has offered conditional commitments for a total of $8.33 To meet our growing energy needs and prevent the worst consequences of climate change, we need to increase our supply of nuclear power and today’s announcement helps to move us down that path. —President Obama.

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US and China jointly announce GHG reduction targets; US to cut net GHG 26-28% by 2025, China to peak CO2 by ~2030

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US President Barack Obama said the US will cut net greenhouse gas emissions in the US by 26-28% below 2005 levels by 2025. The Administration said the United States will submit its 2025 target to the Framework Convention on Climate Change as an “Intended Nationally Determined Contribution” no later than the first quarter of 2015.

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

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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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