Thursday, July 19, 2012

ARPA-E Invests $30 Million in Natural Gas Vehicles

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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