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Michigan Awards $543.5M in Tax Credits to Four Battery Makers, Who Announce Plans for $1.7B Investment in Li-ion Battery Plants in Michigan

Green Car Congress

million in tax credits to four battery companies announcing plans to invest more than $1.7 The four companies receiving the tax credits and announcing plant plans are Johnson Controls-Saft Advanced Power Solutions LLC; KD Advanced Battery Group LLC; A123Systems Inc.; and LG Chem-Compact Power Inc. A123Systems Inc.

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US Departments of Treasury, Energy Announce More Than $3B in Recovery Act Funds for Direct Payments for Renewable Energy Projects

Green Car Congress

Funded through the American Recovery and Reinvestment Act (Recovery Act), the program will provide direct payments in lieu of tax credits in support of an estimated 5,000 biomass, solar, wind, and other types of renewable energy production facilities. This direct payment program allows for an immediate stimulus in local economies.

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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

Green Car Congress

Other finds from the study include: Subsidies to fossil fuels generally increased over the study period (though they decreased in 2008), while funding for renewables increased but saw a precipitous drop in 2006-07 (though they increased in 2008). billion) and the Credit for Production of Nonconventional Fuels ($14.1

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60% of $18B in US clean energy tax credits 2006-2012 went to top 20% by income; 90% in the plug-in program

Green Car Congress

A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Electric Vehicle Credit. Average credit per tax return, by income level.

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DOE Turns Down V-Vehicle Loan Applications

Green Car Congress

In June 2009, the State of Louisiana announced a performance-based incentive package of more than $133 million of infrastructure, tax credits, tax abatements and customized training as part of a Cooperative Endeavor Agreement (CEA) with VVC in which the company agreed to renovate and expand a former General Motors plant in Monroe.

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Google Ogles Plug Ins

Plug In Partners

Philanthropy Google’s Way: Not the Usual By KATIE HAFNER New York Times Published: September 14, 2006 SAN FRANCISCO, Sept. Philanthropy Google’s Way: Not the Usual By KATIE HAFNER New York Times Published: September 14, 2006 SAN FRANCISCO, Sept. It will also pay taxes. H ere is a big development for PHEVs.

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Georgia Tech study finds MD electric urban delivery trucks have cost advantages over diesel in some conditions; relative benefits depend on numerous factors

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The comparison involved a 2011 Smith Newton electric truck powered by a 120 kW electric motor, and a 2006 Freightliner truck powered by a Cummins diesel engine. The comparison controlled for improvements in diesel efficiency between 2006 and 2011. The two trucks had approximately the same gross vehicle weight, curb weight and payload.

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