Remove 2010 Remove 2013 Remove Oil Remove Tax Credit
article thumbnail

ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oil prices. The study identified four specific changes to the US tax code that could help accelerate the commercialization of second-generation biofuels. —Miller et al.

Tax 262
article thumbnail

Geothermal energy in US grew 5% in 2012; California the leader

Green Car Congress

This represents the second highest increase in geothermal power capacity over a calendar year since the production tax credit (PTC) was extended to geothermal in 2005, and a 5% percent increase over 2011 year-end data. Some of these projects are expected to come online in 2013. Featherstone Plant (CA): Energy Source, 49.9

2012 303
article thumbnail

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

Conventional hybrid electric vehicles (HEVs) have been on sale in the US for more than ten years; new vehicle hybrid sales in 2010 were approximately 2.5%. and model 2011 2012 2013 2014 2015. EV consumer demand —“One Million Electric Vehicles by 2015” Basis. Estimated US supply of PEVs from 2011-2015. Ford Focus EV.

2015 210
article thumbnail

Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

The American Power Act, released as a discussion draft, targets reducing greenhouse gas (GHG) emissions by at least 4.75% compared to 2005 levels by 2013; by at least 17% compared to 2005 levels by 2020; by at least 42% compared to 2005 levels by 2030; and by at least 83% compared to 2005 levels by 2050. Decreasing Dependence on Foreign Oil.

article thumbnail

NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Or No Cars?

article thumbnail

First Drive: 2016 Hyundai Sonata PHEV and HEV

Green Car Congress

Hyundai unveiled the first generation hybrid Sonata in 2010, with a 2011 market introduction. Sonata Plug-in Hybrid buyers will be eligible for a $2,500 fixed federal tax credit and a variable federal tax credit based on battery capacity that will also be over $2,000. Earlier post.). Charge by ISG. Song et al.

PHEV 150
article thumbnail

Nissan’s Big Gamble

Revenge of the Electric Car

This is before the $7,500 federal tax credit. 2, Ghosn will unveil the first of three electric models in three vehicle segments that he plans to sell by 2013. will sell a plug-in Toyota Prius after 2010, taking on the Chevrolet Volt, which goes on sale in November 2010. Oil vs. electrons.

Nissan 124