President Obama announces $2.4 Billion for electric vehicles
WASHINGTON, D.C. - President Barack Obama announced the launch of two major programs that will drive the development of the next generation of electric vehicles in the United States and support the growth of domestic jobs.
As part of the American Recovery and Reinvestment Act, the U.S. Department of Energy announced the release of two competitive solicitations for up to $2 billion in federal funding for competitively awarded cost-shared agreements for manufacturing of advanced batteries and related drive components as well as up to $400 million for transportation electrification demonstration and deployment projects.
By contributing to the reduction of petroleum use and greenhouse gas emissions, the President hopes these projects will advance the United States' economic recovery, national energy security, and environmental sustainability.
The announcement will also help meet the president's goal of putting one million plug-in hybrid vehicles on the road by 2015.
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CALGARY - The winds of change are blowing through Alberta's energy sector, and they're not necessarily carrying good news for renewable energy development. TransAlta, a major Canadian energy company, recently announced the cancellation of a significant wind farm project, citing a confluence of factors that create uncertainty for the future of wind power in the province. This decision throws a spotlight on the ongoing debate between responsible development and fostering a clean energy future in Alberta.
The scrapped project, the Riplinger wind farm near Cardston, Alberta, was envisioned as a 300-megawatt facility capable of providing clean electricity to the province.…
