Electric Vehicles

[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On September 17, 2014, the U.S. Senate Committee on Finance held a hearing entitled “Reforming America’s Outdated Energy Tax Code.”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On September 17, 2014, the Senate Committee on Finance held a hearing titled “Reforming America’s Outdated Energy Tax Code” to discuss possible reforms to the U.S. energy tax policy.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…...

California and Mexico Sign Climate and Energy Agreements

During a Trade and Investment Mission to Mexico, California Governor Brown signed agreements with Mexico to enhance cooperation on environmental issues and encourage cross-border clean energy investments. On July 28, 2014, California Governor Edmund G. Brown, Mexico’s Ministry of Environment and Natural Resources Undersecretary Rodolfo Lacy, and Mexican National Forestry Commission Director General Jorge Rescala…...

NYEW 2014 Transportation Breakfast: The Need for Standards and the Right Market for Innovation

The transportation sector plays a large role in economic competitiveness and in environmental sustainability, which according to the EPA, accounted for 27 percent of greenhouse gas emissions in 2010, trailing just the power sector. Going forward, the U.S. Energy Information Administration (EIA) projects an average energy consumption increase of 1.1 percent by the world transportation sector…....

New York Is First To Tackle Grid Modernization With REV

The New York State Reforming the Energy Vision (REV) initiative aims to answer the question of how to proceed with New York’s energy future in the face of aging electric generating plants and the need for a more resilient energy infrastructure. Overview The initiative – announced by Governor Cuomo in April 2014 – tasks the…...

Eight-State Coalition Releases ZEV Action Plan

An eight-state coalition formed in October 2013 to advance ZEV initiatives has released a Multi-State ZEV Action Plan identifying priority actions for interstate coordination and state-specific measures. On May 29, 2014, New York Governor Andrew M. Cuomo announced the release of a Multi-State Zero-Emission Vehicle (ZEV) Action Plan. The the multi-state plan is the first milestone of…...

Federal Regulations and Tax Credits Support Diesel and Natural Gas Vehicle Adoption

Despite the recent surge in domestic crude oil and natural gas production, diesel-fueled passenger vehicles and natural gas-fueled fleet vehicles still face challenges in achieving large-scale adoption. Overview Diesel-fueled vehicles provide an option for manufacturers to meet Environmental Protection Agency (EPA) emissions standards and National Highway Traffic Safety Administration average fuel-efficiency standards of 54.5 miles…...