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California Governor signs $52B fuel tax and vehicle fee bill for transportation infrastructure; $100 ZEV fee

Green Car Congress

billion over the next decade through an increase in fuel taxes and vehicle fees—including on zero emission vehicles (ZEVs)—to fix roads, freeways and bridges in communities across California and put more dollars toward transit and safety. billion by increasing diesel excise tax 20 cents (currently $0.13) on 1 November 2017.

Fuel Tax 170
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Sweden Reviewing Its Tax Exemptions for Biofuels

Green Car Congress

The Swedish National Audit Office (Riksrevisionen) has begun a review of the tax exemption for biofuels, with the results to be published in 2011. Sweden has striven to increase the share of biofuels in transport, and liquid biofuels such as ethanol and biodiesel are currently exempt from energy and carbon tax.

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Researchers say fuel market rebound effect can result in increased GHG emissions under RFS2; suggest taxes over mandates

Green Car Congress

Taking this fuel market rebound effect into account and assuming the biofuels in RFS2 achieve their targeted GHG emissions reductions in all years, RFS2 actually leads to a net increase in GHG emissions of 22 million metric tons in 2022, and of 431 million metric tons cumulatively from 2006 to 2022. —Hill et al. 2016.07.035.

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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., From 1980 to 2006, the total number of miles traveled (VMT) by automobiles increased 97%; truck VMT increased 106%. Click to enlarge. Paying our Way”.

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Natrium reactor demonstration project slated for Wyoming

Green Car Congress

The development of a nuclear energy facility will bring welcome tax revenue to Wyoming’s state budget, which has seen a significant decline in recent years. TerraPower was started by Bill Gates, Nathan Myhrvold, & others after an invention session in 2006.

Wyoming 199
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Semcon developing autonomous vehicle system in Brazil

Green Car Congress

By moving parts of the project the customer can also benefit from lower tax through the Brazilian support scheme for the automotive industry, Inovar Auto. Semcon has been in Brazil since 2006 and now has 180 employees there. In this way we are helping to reduce the customer´s costs while providing additional expertise.

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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.; The MEGA board approved a state tax credit valued at $44.6