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Tesla short seller Jim Chanos hit with lawsuit from partner over alleged fund misuse

Teslarati

Conlon alleged that the short-seller “never intended on paying the company back, but instead planned on using his power as general partner to run the company into the ground, enjoy the tax benefits of his financial shenanigans, and leave his partners with nothing.” million without informing his partners.

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Alcoa splitting into two companies; expecting 2.4x increase in automotive revenues to $1.8B in 2018

Green Car Congress

The separation is intended to qualify as a tax-free transaction to Alcoa shareholders for US federal income tax purposes. EBITDA margins for the value-add portfolio have increased from 8% in 2008 to 15% in 2015 on a pro-forma basis for the twelve months through 30 June 2015. in 2008 to 20.9% in 2008 to 20.9%

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Massachusetts sets state GHG emissions limit for 2020 at 25% below 1990 levels, releases plan with additional measures, including Pay As You Drive auto insurance

Green Car Congress

Massachusetts Energy and Environmental Affairs (EEA) Secretary Ian Bowles has set the statewide greenhouse gas (GHG) emissions limit for 2020 required by the Global Warming Solutions Act of 2008 at 25% below 1990 levels, the maximum authorized by the Act, saying that measures already in place will get Massachusetts much of the way toward that goal.

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Norway leads the world in moving to EVs

EV Info

Norway has offered strong incentives for motorists to switch to Electric Vehicles with strong tax incentives for electric vehicles. ICE vehicles are subject to a significant tax, and electric vehicles are exempt from that tax. 12 Peugeot e-2008 Electric car 2 257 2.04 2 Toyota RAV4 Charging hybrid (B) 6 515 5.88

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Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

by enacting a carbon tax or setting emission limits for each source type (“command-and-control)—the option to use offsets is generally discussed in the context of a cap-and-trade regime. A 2008 EPA study analyzed the economic impacts of the Lieberman-Warner Climate Security Act of 2008 (S.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

Automobile manufacturers were given tax breaks to produce cars that ran on hydrous ethanol, and, by 1980, every automobile company in Brazil was following this lead. Current Legal Requirement for Use of Anhydrous Ethanol in the United States. Until fairly recently, these US motor vehicles were non-FFVs. 40 CFR § 80.27 Brewster, S.C.,

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Time to review congestion charges. The Green Piece

Green Cars News

Indeed Volvo is not alone in having reason to complain – at the end of 2008, there were 13 non-hybrid cars from other manufacturers emitting less than 105g/km of CO2. Just as road tax is now linked to emissions, the congestion charge could follow a similar structure. Not the first time….

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