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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. Earlier post.). Expanding the Better Buildings Challenge.

Obama 249
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Obama blueprint for a US economy “built to last” includes “all-of-the-above” energy strategy; call for 80% of US electricity from clean sources by 2035

Green Car Congress

President Obama used his last State-of-the-Union (SOTU) address of his term to outline four main elements of a blueprint for an “ economy that’s built to last: an economy built on American manufacturing, American energy, skills for American workers, and a renewal of American values. ”. —President Obama.

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Concepts for an “Energy Security Trust” reach back to President Carter

Green Car Congress

In his State of the Union speech Tuesday night, President Obama proposed “ we use some of our oil and gas revenues to fund an Energy Security Trust that will drive new research and technology to shift our cars and trucks off oil for good. American innovation has given us the greatest industrial capacity on Earth.

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Federal Task Force Concludes CCS is Viable, But Carbon Price Is Critical; Sends Recommendations to President Obama on Fostering the Technology

Green Car Congress

President Obama’s Interagency Task Force on Carbon Capture and Storage (CCS), co-chaired by the US Environmental Protection Agency (EPA) and the Department of Energy (DOE), delivered a series of recommendations to the president on overcoming the barriers to the widespread, cost-effective deployment of CCS within 10 years.

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US and China Presidents Announce US-China Electric Vehicles Initiative, Six Other Measures to Strengthen Cooperation Between the Countries on Energy Issues

Green Car Congress

The roadmap will be made widely available to assist not just US and Chinese developers, but also the global automotive industry. In the United States, the American Recovery and Reinvestment Act expanded a $7,500 consumer tax credit for electric vehicles and included $2.4 21 st Century Coal. Public awareness and engagement.

China 281
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$3.8 Trillion FY 2011 US Budget Proposal Boosts Department of Energy Spending

Green Car Congress

President Obama today transmitted the proposed $3.8-trillion billion in tax subsidies for oil, coal and gas industries. 100 million for industrial technologies. $55 Industrial technologies. Provides $668 million to Fossil Energy R&D for the ”Clean Coal Power Initiative.“ Wind energy.

2011 231
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Part of Elon Musk’s $15B tax bill will likely end up helping the fossil fuel industry

Teslarati

Elon Musk may be paying an estimated $15 billion in taxes this year due to his massive sale of part of his TSLA holdings, but his contributions to the US government may end up supporting the fossil fuel industry. The remaining 20% is allocated for coal. Conservative estimates put U.S. Conservative estimates put U.S.

Tax 145