Green

On the GreenBeat: BMW readies electric car, Obama pitches $8 billion for clean energy

Here’s the latest action we’re following today on the GreenBeat:

Obama proposes $29.5 billion for DOE budget — The president pitched more clean energy projects for the 2012 budget, to be funded by cutting $3.6 billion in fossil fuel subsidies, an idea he proposed in his State of the Union address last month. The Department of Energy’s proposed budget would give it $29.5 billion for the fiscal year 2012, with $8 billion for clean energy research, Reuters reports.

BMW readies electric car pilot — The company will be releasing 1,000 ActiveE electrified BMW coupes (pictured) to drivers in the U.S., Europe and China. The cars are essentially in a field test phase, Autopia writes.

GE launches line of halogen lights — GE’s halogen lights are in the shape of the incandescent bulb, but are up to 22 percent more efficient, CNET writes. Two-backs of halogen bulbs will retail for between $4 and $7. LEDs, compact fluorescent light bulbs and haolgen lights are another alternative to incandescent bulbs, which are being phased out due to energy efficiency legislation. In fact, Ikea announced last month it would stop selling incandescent bulbs altogether.

Enernoc potentially snared in business troubles — The demand response company recently saw its Chief Operating Office step down for unnamed reasons, soon after grid operator and major Enernoc customer PJM made general complaints of market manipulation in the realm of demand response, Earth2Tech writes. Demand response is a increasingly popular program in which utilities pay financial incentives to customers who agree to cut energy use during peak times. Companies like Enernoc help implement such programs. Shares of Enernoc fell on the news, and the company released a statement this morning saying it was in compliance with PJM’s rules.

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