Weekly Clean Energy Roundup: October 8, 2008

Economic Stabilization Bill Includes Clean Energy Tax Incentives Continuing Resolution Includes $25 Billion in Automakers Loans DOE Invests $43.1 Million in 21 Enhanced Geothermal Projects DOE Awards $83.3 Million to Develop a Sustainable Biofuels Industry Michigan Requires 10% Renewable Electricity by 2015 GM and Porsche Win the American Le Mans Green Challenge Economic Stabilization Bill Includes Clean Energy Tax Incentives President Bush signed the $700 billion Emergency Economic Stabilization Act of 2008 (H.R. 1424) into law last week, which also extended and enhanced critical tax credits and financing relating to renewable energy and energy efficiency. The Energy Improvement and Extension Act of 2008, which was attached to H.R. 1424, provides a one-year extension of the production tax credit (PTC) for wind energy, keeping the credit in effect through 2009. The bill also provides a two-year PTC extension, through 2010, for electricity produced from geothermal, biomass, and solar energy facilities, as well as trash-to-energy facilities, small hydropower facilities using irrigation water, capacity additions to existing hydropower plants, and hydropower facilities added to existing dams. In addition, the bill creates a new PTC for electricity produced by marine and hydrokinetic renewable energy systems (also called advanced water power systems) with a rated […]

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Weekly Clean Energy Roundup: October 22, 2008

Defense Act Encourages Military Fuel Economy, Renewable Energy Use Operation Change Out Saves $11 Million at U.S. Military Bases Investment Outlook Mixed for Clean Energy Technologies DOE and EPA Release the 2009 Fuel Economy Guide Hybrid Technologies Gain Ground in Heavy Trucks Pennsylvania Requires Utilities to Pursue Energy Efficiency CO2 Emissions Growing Rapidly, Particularly in Asia Defense Act Encourages Military Fuel Economy, Renewable Energy Use A bill to authorize defense spending for fiscal year 2009 includes two provisions that will help create a more fuel-efficient military while encouraging the use of wind and solar energy. President Bush signed S. 3001, the "Duncan Hunter National Defense Authorization Act for Fiscal Year 2009," on October 15. Section 332 of the bill requires the U.S. Department of Defense (DOD) to include fuel efficiency as a key performance parameter when modifying or developing new machinery that consumes fuel, such as tanks or jets. It also requires that the life-cycle cost analyses for new military capabilities include the fully burdened cost of fuel, which includes the total cost of all personnel and assets required to deliver and protect the fuel. Section 333 of the bill also requires the DOD to consider the use of wind […]

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