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California ARB adds another $6M to Clean Vehicle Rebate Program

Green Car Congress

The California Air Resources Board (ARB) has put an additional $6 million into the state’s Clean Vehicle Rebate Project. million from the California Energy Commission (CEC) two weeks ago ( earlier post ), the combined $10.5 This can be combined with an up to $7,500 clean vehicle federal tax credit and various other regional incentives.

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Lucid: The history and future of the luxury EV Tesla competitor

Electric Driver

Lucid Motors Founded: 2007 Founders: Bernard Tse and Sam Weng Employees 2,000+ Headquarters: Newark, California Manufacturing: Casa Grande, Arizona IPO: July 26th, 2021 Models: Air Federal Tax Credit Eligibility: Yes Lucid Facts Lucid Mission Statement To inspire the adoption of sustainable energy by creating the most captivating electric vehicles, (..)

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Opinion: Alternatives to the RFS

Green Car Congress

The expansion of the RFS in 2007 goes far beyond just replacing MTBE with ethanol as the required fuel oxygenate (and avoiding lawsuits ). California implemented its Low Carbon Fuel Standard (LCFS) starting in 2010 as part of its effort to regulate CO 2 emissions on top of the fuel blending requirements. No mandates, but blend credits.

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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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Partner Update and Announcement

Plug In Partners

Although consumer tax credits for PHEVs enjoyed bipartisan support in both houses of Congress, concerns over other tax portions of the energy bill resulted in the entire tax package being removed from the original bill. The bill, HR 5351 includes a credit for plug-in hybrid electric vehicles. The bill (H.R.

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Berkeley Lab report finds installed cost of solar PV systems in the US dropped sharply in 2010

Green Car Congress

In the California Solar Initiative Program, average installed costs dropped by $1.00/W W over the period from 1998 to 2007. Focusing on two of the largest solar markets, California and New Jersey, costs in the first six to ten months of 2010 already dropped an additional 14% and 16%, respectively, relative to 2009.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Dr. Don Paul is the Executive Director, University of Southern California Energy Institute and a former vice president and chief technology officer of Chevron. billion in 2004 to $117 billion 2007 with the first three quarters of 2008 averaging 29% higher than 2007. Energy Markets in a State of Change. chance of default.

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