July 29, 2010
Obama: Taxpayers to Get Paid Back By Bailed Out Auto Industry
In an interview aired on ABC's "The View" today, President Barack Obama told
hosts that taxpayers would get bail out money back from a recently recovering
auto industry. “We are going to get all the money back that we
invested in those car companies.” With nearly $85 billion in funds, the auto
industry has been restructured, and “you now have all those auto
companies showing a profit," Obama said. “They've re-hired 55,000
workers,” he said. [MORE]
July 28, 2010
Energy Bill Unveiled Without Cap-and-Trade
According to the Christian Science Monitor, Senate majority leader Harry Reid on Tuesday unveiled a vastly narrower energy bill, minus controversial climate provisions that would have capped carbon dioxide and other greenhouse gas emissions. [MORE]
July 27, 2010
World-First Purpose-Built Electric Hybrid Street Sweeper
Allianz, one of the world's leading producers of specialized cleaning equipment, announced in a press release today its introduction of the world’s first purpose-built electric hybrid street sweeper - the Allianz 4000 Electric Hybrid. The company says the sweeper--combined with up to 40% in fuel savings--significantly reduces emissions and noise levels; can travel speeds up to 60 mph; and results in reduced maintenance costs for users. Allianz is affiliated with US Hybrid, a CALSTART member company, a partnership which was instrumental in the development of this first-of-its-kind vehicle. [MORE]
July 27, 2010
Volt Pricing Set
General Motors this week announced a starting price at $41,000 for its Chevrolet Volt plug-in hybrid electric vehicle (PHEV). The federal tax credit totals $7,500, bringing the cost down to $33,500. However, the Volt does not qualify for the California Air Resources Board's Clean Vehicle Rebate of $5,000 because it does not currently meet program requirements for vehicle certification. According to GreenCarCongress, "...to qualify for the CVRP, plug-in hybrid electric vehicles must meet the Enhanced AT-PZEV definition as defined in the California ZEV Regulation section 1962.1(i), Title 13, CCR, including the SULEV, evaporative emissions, onboard diagnostics, extended warranty, and zero-emission Vehicle Miles Traveled (VMT) and advanced componentry PZEV allowance standards as defined in section 1962.1(c). With an 8-year, 100,000-mile warranty on its battery pack, the Volt doesn’t meet at least one of the Enhanced AT-PZEV requirements to qualify." [MORE]
July 22, 2010
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