Electric Vehicles

[Report] Utilities Nationwide Adjust Rate Designs to Meet Changing Customer Demand

Utilities are increasingly pursuing rate design reform to earn revenue as kilowatt-hour demand growth flattens. As net energy-metered residential solar PV installation growth continues, utilities will be challenged with building and maintaining infrastructure with diminishing revenue streams. The fixed charge and net energy metering NEM compensation debate will continue as utilities fight for sustained revenue…...

NY PSC Approves Con Edison BQDM Program

Approval of Con Edison’s BQDM Program is a significant step for the utility to pursue non-traditional infrastructure investments to meet local demand. On December 12, 2014, the New York State Public Service Commission (PSC) issued an order in Case 14-E-0302 approving Consolidated Edison Company of New York Inc.’s (Con Edison) Brooklyn/Queens Demand Management (BQDM) Program to address overload…...

2015 Fuel Economy Guide Released

The 2015 Fuel Economy Guide indicates that 2015 vehicle models comprise a larger number of fuel-efficient and low-emission vehicles in a broader range of classes and sizes compared to previous years. On November 6, 2014, the Environmental Protection Agency (EPA) and the Department of Energy (DOE) released the 2015 Fuel Economy Guide providing information on…...

Federal Agencies Unveil Sustainability and Climate Adaptation Plans

The White House has released federal agencies’ sustainability and climate plans outlining methods to incorporate energy and climate considerations into their decision-making. On October 31, 2014 – the fifth anniversary of the 2009 Executive Order on Environmental, Energy and Economic Performance – the White House released federal agencies’ sustainability and climate change adaptation plans, detailing…...

[Report] State-Backed Green Bonds Emerge Following International Model

Massachusetts offered its first green bond sale in June 2013, and several additional states have offered green bonds over the last two years. Green bonds offer issuers access to capital to finance projects for water quality and infrastructure, energy efficiency, renewable energy, pollution cleanup, and other capital-intensive projects.. With the Green Bond Principles gaining marketplace…...

EPA Report: MY 2013 Vehicles Achieve All-Time High Fuel Economy

The EIA’s annual fuel economy report shows that MY 2013 vehicles achieved an all-time high fuel economy and record low emissions levels. On October 8, 2014, the Environmental Protection Agency (EPA) released its annual “Light-Duty Automotive Technology, Carbon Dioxide (CO2) Emissions, and Fuel Economy Trends: 1975 through 2014” report which tracks average fuel economy, emissions,…...

[Report] Lawmakers Consider Energy Tax Reform as December Deadline Nears for Extending Expired Provisions

On September 17, 2014, the U.S. Senate Committee on Finance held a hearing entitled “Reforming America’s Outdated Energy Tax Code.” Retroactively extending tax provisions has significant impact on financial accounting for multiple energy industries, including wind and solar, and also small and mid-sized businesses such as commercial building owners, architects, engineers, contractors, and design-construction companies…....

Massachusetts’ Second Green Bond Sale Shows Strong Demand

Massachusetts’ second Green Bond sale resulted in orders exceeding $1B for $350M worth of bonds and $429M in refinancing transaction that will save taxpayers $45M. On September 22, 2014, Massachusetts Treasurer Steven Grossman announced that the Commonwealth’s second Green Bond sale generated more than $1B in buy orders for a $350M bond offering.  Retail investors placed…...

NY Climate Week Highlights Clean Energy and Climate Preparedness Efforts

Governor Cuomo has designated September 22-28 as Climate Week, highlighting the state’s transformational clean energy accomplishments and proactive climate preparedness efforts. On September 22, 2014, New York Governor Andrew M. Cuomo designated the week of September 22-28 as Climate Week to increase climate awareness and highlight New York’s ongoing efforts to meet climate challenges.  Governor…...

Senate Finance Committee Hearing on Energy Tax Policy Reforms

On September 17, 2014, the Senate Committee on Finance held a hearing titled “Reforming America’s Outdated Energy Tax Code” to discuss possible reforms to the U.S. energy tax policy. Senate Finance Committee Chairman Sen. Ron Wyden (D-OR) underscored the need for predictable, level playing-field tax policy that puts renewables on the same footing as other…...