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The Senate bill includes a 30 percent manufacturing tax credit for renewable energy equipment, but it lacks the direct-payment provision sought by solar energy advocates. The Senate's bill also has money for batteries, plug-in hybrids and energy-efficiency homes.

DOE Offers $2.4 Billion to Support Next-Generation Electric Vehicles President Barack Obama announced on March 19 that DOE is offering up to $2.4 billion in American Recovery and Reinvestment Act funds to support next-generation plug-in hybrid electric vehicles and their advanced battery components. Of the $2.4 billion, $1.5 billion in grants will go to U.S. manufacturers to produce high-efficiency batteries and their components; $500 million in grants will go to U.S. manufacturers to produce other components needed for electric vehicles, such as electric motors; and $400 million will go towards projects that demonstrate and evaluate plug-in hybrids and other electric infrastructure concepts. When these plug-in hybrid vehicles are offered for sale, U.S. residents who purchase them will be able to claim a tax credit of up to $7,500. Building a plug-in hybrid vehicle industry in the United States will create tens of thousands of jobs and will reduce our nation's dependence on foreign oil.

The U.S. Department of Transportation today proposed a new, consumer-friendly replacement tire label which would include, for the first time, information about the tire's impact on fuel economy and CO2 emission reductions. Tires with lower rolling resistance - and proper inflation pressure - can contribute to improved fuel economy.