ARPA-E Invests $30 Million in Natural Gas Vehicles
Last
week, the Advanced Research Projects Agency-Energy (ARPA-E) announced
$30 million in funding for 13 research projects across the country
relating to advanced natural gas vehicle technologies. The distribution
of the grants will be overseen by ARPA-E’s newest program, Methane
Opportunities for Vehicular Energy, or “MOVE.” There has been
considerable debate over just how cleaner natural gas is relative to
other fossil fuels as an energy source – a recent study by Nathan
Myhrvold and Ken Caldeira, for example, contends…Read more...
China Targets 5 Million Electric Vehicle's by 2020
China’s
State Council has released plans to introduce subsidies to customers
and manufacturers of electric vehicles (EV’s) in an attempt to encourage
the numbers produced and sold. Even though only 8,159 EV’s have been
sold in China, the government is adamant that it will encourage
production and sales to increase, in order to achieve its massive target
of 5 million EV’s by 2020. The aim is to reduce the country’s
dependence on oil imports, and reduce its carbon emissions.The
government announced a $4.19 billion subsidy…Read more...
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