The US Department of Energy's $25 billion low-interest loan program may be about to start awarding new loans for the first time since 2011. The program, which handed out loans to Tesla, Fisker, and Ford, assists companies in producing vehicles with higher energy efficiency than the models they replace.
Former football player Mark Batchelor speaks on his mobile phone, bearing a photo of the late Reeva Steenkamp, as he sits in court after Oscar Pistorius' sentencing in Pretoria, South Africa. Pistorius was given a five-year prison sentence for culpable homicide for the killing of his girlfriend, Ms. Steenkamp, last year.
California has enacted numerous policies to cut transportation-related emissions, improve energy efficiency, and reduce the use of fossil fuels. One such policy--the state's Low-Carbon Fuel Standard, or LCFS--is not sitting well with oil companies, which claim the regulation will raise the price of gasoline.