Notice of Availability of the
Investment Plan for the Alternative and Renewable Fuels and Vehicle Technology Program
The Alternative and Renewable Fuels and Vehicle Technology Program (Núñez, Chapter 750, Statutes of 2007), authorizes the California Energy Commission (Energy Commission) to spend approximately $120 million per year over the next seven years to develop and deploy innovative transportation technologies that will transform California's fuel and vehicle types to help attain the state's climate change goals. The emphasis of this program is to deploy alternative and renewable fuels in the marketplace, without adopting any one preferred fuel or technology, and in doing so decrease, on a life-cycle basis, air and water pollutants, reduce or avoid multimedia environmental impacts, and maintain the sustainability of the state's natural resources.
As a part of this program, the legislation mandated that an Investment Plan be developed to determine appropriate funding allocation. The Investment Plan will discuss the diverse portfolio of alternative fuels and technologies that will be considered for funding under the Alternative and Renewable Fuels and Vehicle Technology Program. The Investment Plan determines funding allocation based on a fuel's ability to contribute to greenhouse gas emission reductions and help California meet its climate change goals.
This Investment Plan focuses on the first two years of funding based on current market trends, and will be updated to adapt to changing markets, and the potential development of future technologies to ensure the effectiveness of the program over time. The Energy Commission developed the allocation recommendations with consideration to gaps in investment for alternative fuel research, development, and deployment projects. Additionally, the Investment Plan discusses the importance of funding in areas that cannot be evaluated on a quantitative basis with consideration to greenhouse gas emission reductions. These qualitative funding categories address other relevant issues in California's climate change movement, including sustainability, workforce development, outreach, and education.
The Investment Plan will be reviewed at an Advisory Committee meeting scheduled on January 8, 2009. Advisory Committee members and the public will provide input on the Investment Plan and discuss the next steps that must be taken to ensure the effective implementation of the program.
The Investment Plan for the Alternative and Renewable Fuels and Vehicle Technology Program (publication # CEC-600-2008-007-D-REV1) is available free from the Energy Commission's website at:
A print copy is available for $5.00. Please send request and check or money order made out to the Energy Commission to:
California Energy Commission
Re: Investment Plan for the Alternative and Renewable Fuels and Vehicle Technology Program/ CEC-600-2008-007-D
1516 Ninth Street
Sacramento, CA 95814-5504
Please call the Publications Unit at (916) 654-5200 with any questions.
News media should direct inquiries to the Media Office at (916) 654-4989, or by e-mail at [email@example.com].