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February 3, 2010

DOE Closes $1.4 Billion Loan to Nissan

DOE has closed a $1.4 billion loan with Nissan North America, Inc. The automaker will use the funds to build a battery pack manufacturing plant and to retool a Tennessee factory so that it can build the LEAF, an all-electric vehicle.  More

February 3, 2010

DOE Requests $2.4 Billion for Renewable Energy, Efficiency in FY 2011

The President's proposed budget for fiscal year (FY) 2010 includes $2.36 billion for the DOE Office of Energy Efficiency and Renewable Energy, a 5% increase over last year's funding. The budget also includes $3-5 billion in loan guarantees for renewable energy and energy efficiency projects.  More

February 3, 2010

Under the Copenhagen Accord, 55 Countries Agree to Cut GHG Emissions

Countries representing 78% of all global greenhouse gas (GHG) emissions from energy use have submitted their national pledges to the United Nations. The pledges mark the first follow-up to the Copenhagen Accord, an agreement reached in Copenhagen, Denmark, in December 2009. More

February 3, 2010

President Obama: Federal Government to Cut GHG Emissions 28% by 2020

A 2009 Executive Order that requires federal agencies to cut their greenhouse gas (GHG) emissions will result in a 28% overall reduction by 2020. The figure is the aggregate of targets set by 35 federal agencies, which will comply by increasing their use of energy efficiency and renewable energy.  More

February 2, 2010

DOE and EPA Join States to Speed Progress on U.S. Energy Efficiency

DOE and the U.S. Environmental Protection Agency (EPA) are leading an effort to create a new State Energy Efficiency Action Network, which will help states achieve their maximum cost-effective energy efficiency through targeted technical assistance.  More

February 3, 2010

President Obama Announces Three Steps to Boost Biofuels

President Obama has announced three actions to boost U.S. biofuel production, including the final rule implementing the Renewable Fuel Standard, which calls for 36 billion gallons of biofuel by 2022; a proposed rule for biomass crop assistance; and a report that establishes a roadmap for biofuel growth. More

January 21, 2010

DOE Closes $465 Million Loan to Tesla Motors

DOE has closed its $465 million loan with Tesla Motors, which the electric automaker will use to build two factories. A facility in southern California will build the Model S electric sedan, and another in Palo Alto, California, will build electric powertrains and components. More

January 20, 2010

DOE to Award Nearly $80 Million for Biofuels Research and Infrastructure

DOE will award nearly $78 million in Recovery Act funds to two groups that will develop biofuels that can be "dropped in" to the existing fuel infrastructure, with one group focusing on algal biofuels. DOE will also award $1.6 million to expand the infrastructure for ethanol-rich fuel in nine states. More

January 20, 2010

Automotive X Prize to Hold its Competitive Events in Michigan

The Progressive Insurance Automotive X Prize will host a series of competitions in Michigan this year to determine the winners of a $10 million purse for super fuel-efficient vehicles. A combination of on-track stages and lab tests will lead to a September awards ceremony in Washington, D.C. More

January 20, 2010

Eleven Governors Commit to a Regional Low-Carbon Fuel Standard

Governors of 11 Northeast and Mid-Atlantic states have signed an agreement to develop a regional low-carbon fuel standard. The standard would follow the example of a similar standard adopted by California, which went into effect on January 12. More

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