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program is paying nearly 10 times the projected price of carbon credits per ton in the best-case scenario, according to an analysis of the implied cost of carbon dioxide reductions under the program by UC Davis transportation economist Christopher Knittel. do not discuss the merits of the program in terms of stimulus. However, the.
Toyota, the automaker arguably best positioned and most experienced in the ways of electric drive, has scarcely hidden its intention to go slow on plug-ins while touting small incremental mileage gains on the gasoline-only Prius and the green glitz of an optional solar roof. But their dreams haven’t yet been sunk.
Around the same time, General Motors will introduce the Chevrolet Volt, a vehicle able to go 40 miles on electricity before its small gasoline engine kicks in. Battery-powered motors are more efficient than gasoline engines. This is the game-changer for our industry,” said Carlos Ghosn, Nissan’s president and chief executive.
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. Grant Davis is a Managing Director at New York Life Investments.
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