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The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. The alternative motor vehicle credit is not allowed against the alternative minimum tax.
Some of the green benefits you’ll read about in Joe’s blog: Smart Grid/Advanced Battery Technology/Energy Efficiency. The coal industry is about to get what’s coming to them and not a moment too soon. The coal industry is about to get what’s coming to them and not a moment too soon.
Among the findings of the survey: Approximately one-third (33.8%) of respondents felt the lack of investment to modernize the grid is a primary roadblock preventing the widespread support of EVs. 19% of those surveyed indicated the government should bear the primary burden of developing and funding an EV infrastructure or smart grid.
The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon.
And so it was that I found myself in the Hermosa Beach City Council Chambers addressing the Green Task Force audience you cannot see in this photo as I presented my Finding The Green To Green The Grid House By House PowerPoint. SBESC's Marilyn Lyon talks about Federal Stimulus Funding / photo (c) Debra Bushweit Galliani.
The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Five months ago.
IRENA’s macroeconomic analysis suggests that such investment creates a stimulus that, together with other pro-growth policies, will: boost global GDP by 0.8% Coal use would decline most rapidly. The report also describes how the energy sector transition needs to go beyond the power sector into all end-use sectors.
I’ve written recently about the pulverizing one-two punch that AB 811 – which gives property owners 20 year loans to pay for solar PV installation – and AB 920 – which pays solar PV owners for any excess solar power they produce and pump back into the grid - packs. AB 811 is already law and here in L.A.
Electric cars and a smart electric grid have a bright future, according to panelists at a roundtable discussion on the subject that I attended last Friday in Boston. “I Vehicle-to-grid is, I believe, the salvation of the automotive industry in the United States,” declared Marc Spitzer, an agency commissioner who was also on the panel.
billion in stimulus grants to the industry. On the Grid. The study also considered how much strain electrical vehicles might put on the city’s electrical grid. It concluded that if the number of electric vehicles reaches about 50,000 vehicles by 2015,&# it would not have an impact on the grid, according to Post.
Last year people were able to get unleveraged tax equity financing to monetize the production tax credits at yields to the tax investor of 6-7%; this year tax equity investors are seeking yields ranging from 10-15% for leveraged tax equity transactions utilizing the investment tax credit that is now available under the Stimulus Bill.
For example, when a historic downtown area is undergoing a revitalization, I make sure it’s widely known that EV charging stations bring more tourism to town and provide economic stimulus. I tell everyone about vehicle-to-grid technology, and remind them that diesel fuel gels when they forget to add the anti-gel.
And just like Woody, I’d like to sing you a song about a better way… My friends, with greenhouse gas emissions already in the danger zone, we needed to stop burning Killer Coal yesterday. Seems like a perfect use for some stimulus money, don’t it? We cannot afford to wait for them and we don’t have to.
Renewables That Even Coal-Based Utilities Can Love. The Three Prongs of the “Green&# Energy Stimulus Pa. Vehicle to Grid (V2G) technology is a bi-directional electric grid interface that allows a plug-in to take energy from the grid or put it back on the grid.
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