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What effect will lower tax credits on Tesla and GM plug-ins have? Twitter poll results

Green Car Reports

For a bunch of electric-car owning acolytes, our readers are surprisingly sanguine about the reduction and eventual expiration of plug-in tax credits on electric-car sales. We've reported extensively on the expiring tax credits, which will affect models from Tesla and GM in 2019.

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

The first Australian Government to announce a plan for a carbon price was John Howard’s back in 2007. However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. Economists and experts agree that the best way is to make polluters pay by putting a price on carbon.

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US indicts 7 individuals and 3 companies in alleged $100M biodiesel RINs fraud in Indiana

Green Car Congress

The 88 counts included in the three charging documents include allegations of conspiracy, wire fraud, false tax claims, false statements under the Clean Air Act, obstruction of justice, money laundering, and securities fraud. Fraud by parties claiming such incentives threatens these important public policies.

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Plug-in Hybrid Bills in Congress Scare Auto Makers

Plugs and Cars

Legislation proposed in the Senate by Senators Obama, Hatch and Cantwell to offer tax credits to convert hybrids to plug-ins now has its counterpart in Congressman Ed Markey's House bill. Whatever it's called, it's got Toyota in a tizzy.

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

Green Car Congress

This can be combined with an up to $7,500 clean vehicle federal tax credit and various other regional incentives. The Clean Vehicle Rebate Project is made possible by the 2007 law known as Assembly Bill 118. Under the rebate program, individuals, nonprofits, government entities and businesses can get up to a $2,500 state rebate.

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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 ). No mandates, but blend credits. tax credit) for blending biofuels. Presumably, the blender’s credit would need to be significant in order to maximize compliance.

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EU Imposes Temporary Import Duties on US Biodiesel

Green Car Congress

The US Volumetric Biodiesel Credit, signed into law in 2004 as part of the American JOBS Creation Act (H.R.4520), 4520), provides US biodiesel producers with excise tax and income tax credits to encourage the blending of biodiesel with petroleum diesel. In the same period the EU market for biodiesel was worth approx. €5