Federal Grants Fund Green Tech Despite Uncertain Future
Photo: TransPower
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Photo: TransPower
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While U.S. Department of Energy grants are still funding electric vehicle and alternative fuel technologies, it is uncertain how the Trump administration could affect this funding in the future, according to ACT Research’s North American On-Highway Commercial Vehicle Engine Outlook.
According to DOE, five firms will split $18 million in grants to advance plug-in electric technology for cars and heavy-duty vehicles. The EPA has also approved a pathway for isobutanol to be used as an advanced biofuel under the Renewable fuel Standard Program.
Isobutanol uses starch from feed corn to produce alcohol and when used along with fossil fuels, the biofuel could achieve a 50% or greater reduction in greenhouse gas emissions. This would qualify it for the advanced D5 Renewable Identification Number.
These projects are aimed at advancing the development of green technologies while also reducing engine emissions.
“The money is meant to improve energy security, reduce emissions, and enhance local and regional economies, according to information released on December 22,” said Tom Rhein, president of Rhein Associates. “Funding from the department’s Office of Energy Efficiency and Renewable Energy is directed to projects that advance development and deployment of efficient and renewable technologies, as well as market-based innovations to enhance energy security.”
However, given the Trump administration’s stance on reducing regulations, particularly in the energy sector, some of the latest advancements pushed forward by the Obama administration’s GHG Phase 2 Rule may be in limbo. Those rules took effect on Dec. 17, 2016 and will determine emissions and fuel efficiency standards through 2027. Fleets and manufacturers will have to adjust in the long term if they are rolled back, according to ACT Research.
“We know the concerns and regulations from our last engine outlook article, but we don’t know the White House factor. It is obvious that the new administration opposes regulations that …Read the rest of this story
