Blink Charging
NOVEMBER 2, 2023
The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh.
Green Car Congress
DECEMBER 22, 2020
From 2002 to 2008, the price of gasoline rose substantially, but then fell sharply in 2009 during the economic recession. Note: Retail price includes Federal and State Taxes. The graph below shows the effect of the oil embargo in the early 1980s.
Green Car Congress
OCTOBER 25, 2016
On November 8, Washington will vote on the US’ first revenue-neutral carbon tax. If approved, Initiative 732 would establish a tax on carbon emissions at $15 per metric ton of emissions in July 2017; $25 in July 2018, and then 3.5% plus inflation each year until the tax reaches $100 per metric ton.
Green Car Reports
MAY 29, 2018
Adding to Elon Musk's headaches this month, Tesla is about to hit the limit on federal tax credits for electric cars. The tax credits, passed in 2008 as part of the Energy Improvement and Extension Act and signed by President George W. This could effectively raise prices for buyers of the company's critical Model 3.
Green Car Congress
DECEMBER 9, 2009
The original biodiesel tax credit was passed in 2004 and has been extended twice. per gallon excise tax credit. The biodiesel tax incentive is designed in a manner that makes biodiesel price competitive with diesel fuel in the marketplace. Economic Impact of Eliminating the Biodiesel Tax Credit. billion gallons.
Green Car Congress
MAY 30, 2018
The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. Refining costs and profits represented 12%, distribution and marketing costs 12%, and federal and state taxes 15%.
Green Car Congress
MAY 29, 2012
The researchers argue for a global economy-wide greenhouse gas tax that spreads the burden of responsibility. The researchers tested various levels of emission reduction plans—a global carbon tax of $10, $30 or $50. The various taxes would slow warming to 3.5,
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