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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. million barrels per day, relative to 2008 levels. Purchase tax credits are an expensive way to reduce oil consumption and GHG emissions from transportation.

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

Green Car Congress

US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. Nuclear was not included in the analysis.

Renewable 338
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Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

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Tesla Takes 520 Reservations for Model S in a Week

Green Car Congress

The anticipated base price of the Model S is $49,900 after a federal tax credit of $7,500. Three battery pack choices will offer a range of 160, 230 or 300 miles per charge. Tesla delivered more than 170 cars in the first quarter—more than the total delivered in 2008. The Model S does 0-60 mph in 5.6

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

Green Car Congress

W from 2008 to 2009, even though wholesale module prices dropped substantially over this period. Among those PV systems completed in 2009 and less than 10 kW in size, average costs ranged from a low of $7.10/W W in 2009, down by roughly 24 percent from 2008 levels. W, while large systems greater than 1,000 kW averaged $7.00/W.

2010 207
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GAO Report Concludes Industry and Government Face Significant Challenges in Meeting RFS Target While Minimizing Unintended Adverse Effects; Suggests Federal Research Give Priority to Non-Ethanol Biofuels

Green Car Congress

Twelve studies reviewed by GAO provided estimates on the lifecycle greenhouse gas emissions of biofuels relative to fossil fuels ranging from a 59% reduction to a 93% increase for conventional corn ethanol; a 113% reduction to 50% increase for cellulosic ethanol; and a 41% to 95% reduction for biodiesel. tax credit is.

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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.