Tougher Fuel Efficiency Standards and an Electric Vehicle Push Will Accelerate Sales and Profits for US Carmakers More than Global Competitors

Source: Ceres is a national coalition of major investors, businesses and public interest organizations working with companies to address sustainability challenges such as climate change and water scarcity. Ceres directs the Investor Network on Climate Risk, a North American network of institutional investors focused on addressing the financial risks and investment opportunities posed by climate change. INCR currently has more than 95 members with collective assets totaling about $9.5 trillion. As the U.S ramps up vehicle fuel efficiency standards, two new reports from Citi Investment Research, Ceres and longtime independent industry experts conclude that U.S. automakers will be more profitable at a fleetwide 42 mile per gallon (MPG) average in 2020 – the strictest standard now proposed for that year and one seen as eminently achievable - and that by 2015 more than one in 20 cars sold in the U.S. will be hybrid, plug-in or full electric vehicles (EV).

One Million EVs by Bob Batson

An analysis released earlier this month by the Department of Energy (DOE) found that while manufacturers are planning to produce in the range of one million electric vehicles (EV) by 2015, additional policy steps will also be needed to further drive innovation, reduce costs and spur consumer demand. "One Million Electric Vehicles by 2015" details DOE investments in EV infrastructure, research and development and demonstration projects national wide. The Administration is proposing a three-part strategy:

Ford Hybrids Rated Highest For Customer Payback, Value

With gas prices on the rise, the interest around fuel efficiency and hybrid vehicle options are top of mind for potential car buyers. Recent industry studies show that certain hybrid models provide car buyers with much more bang for their buck, and the Ford Fusion Hybrid and Ford Escape Hybrid are at the top of those lists, demonstrating the best return on investment compared to competitors. Edmunds.com listed the Ford Escape Hybrid and the Ford Fusion Hybrid as class leaders for best monthly fuel cost in the publication’s annual best and worst monthly fuel cost estimates analysis. The hybrid versions of both vehicles led the pack for best monthly fuel costs, with consumers paying more than $100 less for fuel per month, compared to competing vehicles.

WSU Biofuel Research Leading Clean Energy Efforts

Washington State University stands ready to answer President Barack Obama’s call to develop renewable aviation biofuels. This morning, the president called on the Navy and the departments of Energy and Agriculture to work with partners to create advanced biofuels that can power everything from fighter jets, to commercial airliners. “We are uniquely poised to deliver the nation’s aviation biofuels in an aggressive and cost effective timeline,” said Howard Grimes, vice president for Research at WSU. “We stand as a national leader with the breadth and depth of our clean technologies.” WSU has critical experience in the development of oilseeds, woody biomass, and the catalytic conversion necessary to produce aviation biofuels. Along with being heavily leveraged with knowledge, expertise and technology, the university has an extensive history of collaboration with research institutions, private sector partners, and the national laboratories.

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