In an executive order, President Obama is increasing the federal fleet to 50 percent plug-ins and EVs by 2025. All of the changes should reduce government greenhouse emissions by 40 percent from 2008 levels.
A former Obama aide, Harry J. Wilson, is leading a group of investment funds urging General Motors to buy back $8 billion worth of its stock, which could raise share prices. Wilson also wants a seat on the GM board.
President Obama's budget proposal includes a new way of funding infrastructure improvements over the next six years. His plan would be a one-time, 14 percent tax on corporate earnings held overseas to raise an estimated $238 billion.
Obama's Burning Fire Failure Coming Soon As Second-Gen Model
It's been a long, strange trip for the Chevy Volt from the time when the now-odd-looking concept version (above) was introduced at the 2007 Detroit Auto Show to today. And now, General Motors announced that the second-generation Chevy Volt will make an appearance at the 2015 Detroit show in January. This debut represents a victory for GM with what has easily become the most politicized car of the 21st Century.
Transportation was on President Obama's mind as he toured the Turner-Fairbank Highway Research Center in McLean, VA Tuesday. In a brief, 14-minute speech, the president touched on both car-to-car communications and safety technology, as well as the need to maintain funding for the rapidly depleting Highway Trust Fund. Aside from his speech, the president also sampled one of HRC's driving simulators (shown above), which he likened to "something like Knight Rider."
As promised in the State of the Union address, President Obama has delivered more details on the higher fuel economy standards his administration is working on for big trucks. The proposed plan, which Obama called "ambitious" in his speech today, will be applied to medium and heavy-duty vehicles and comes with three main parts:
In his State Of The Union speech last week, President Obama made mention of higher fuel economy standards for big trucks. We all know (or should, at least), that picking up the low-mpg stragglers in our vehicle fleet is where we can make big efficiency gains, but what would greener trucks mean for the average American - besides some cleaner air, hopefully?
The green car rhetoric of President Obama's State Of The Union speech last night was much, much softer than it was three years ago. That was when he spoke about a million electric vehicles on the road by 2015. It was even less vociferous than last year, when Obama said we could take money given to oil and gas companies and put it into an "Energy Security Trust." So, what is the state of the green car union for 2014? In a word: renewable. In two more words: natural gas.
California Governor Jerry Brown is drafting behind President Barack Obama's drive for one million electric vehicles in the US. In his "State of the State" speech on January 22 in Sacramento, Brown made mention that, "We're on our way to a million electric vehicles."
With the second day of the US federal government shutdown now behind us, we're getting a lot of information on how the closure is affecting people across the country. For the green car world, the biggest impact we know of right now is that the US Environmental Protection Agency is operating with a skeleton staff. According to Reuters, the EPA "will take one of the biggest hits of any federal agency" and only has seven percent of its work force at the office today.
The US Department of Energy (DOE) has released a list of 38 new projects that will receive a share of $45 million to accelerate research and development of clean vehicle technologies. While John DeCicco, a prominent skeptic of federal funding for green cars, would likely give thumbs down to the DOE grants, a long list of private enterprises, universities and national labs were likely thrilled to hear about it.
President Obama has used the same armored limo since his inauguration in 2008. Known by many as The Beast, the Presidential Limo was provided by Cadillac and earned its nickname in large part because of its massive size, which isn't surprising considering that its Caddy-shaped bodywork is said to sit atop a heavy-duty truck chassis.