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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 credit generally is available for vehicles purchased after 2005. Department of Transportation.
The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.
(CIL) announced that CIL has received purchase orders for 460 natural gas engines to customers outside of Delhi, India. The Government of India unveiled a transport stimulus package on 3 February 2009 to provide central funding to purchase buses for urban transport systems. India imports 70% of its diesel and gasoline.
The utility is participating in a national consortium that recently was awarded a federal stimulus grant to purchase plug-in hybrid electric vehicles (PHEVs), and the company is buying more trucks to run on compressed natural gas (CNG) as well. The matching stimulus grant will provide up to $2.5
In addition, a Notice of Intent (NOI) was issued by the DOE on 18 February 2009 to provide grants based on $2 billion in stimulus funding under the Advanced Battery Manufacturing Initiative (ABMI), a cost share grant program for the manufacture of advanced battery systems in the United States. Ener1 purchased $21.3
On 18 March, Marketwatch reported that Valero purchased selected assets of corn ethanol suppliers for $477 million. It is believed Valero purchased the plants at 30% of their original construction cost. (In The beef cattle will be purchased from local suppliers and arrive at 600 lbs.—they’ll Animal operations. Help the people.
Biofuel projects are going to have trouble getting financing from Wall Street this year because all of them have questions about the long term pricing of petroleum; most of them have concerns about the pricing stability of their feedstocks; and many of the cellulosic projects have concerns about the conversion technologies. Billion vs. $28.3
GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.
The Oregon Legislature is contemplating bills that provide credits for both manufacturers and purchasers of electric cars. The idea is to electric vehicles more competitive with conventional, gas-powered vehicles, so that a purchaser can consider paying roughly the same amount for either. PT • Same-Sex Marriage Debate 12:42 p.m.
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