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

Green Car Congress

Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., The study identified four specific changes to the US tax code that could help accelerate the commercialization of second-generation biofuels.

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US House Passes Algae-based Renewable Fuel Promotion Act

Green Car Congress

4168 , the Algae-based Renewable Fuel Promotion Act of 2010. Harry Teague {NM-2] and 13 others, the bill amends the Internal Revenue Code to: expand the definition of cellulosic biofuel to include algae-based biofuel for purposes of the cellulosic biofuel producer tax credit; and. Sponsored by Rep.

Renewable 210
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Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

Green Car Congress

users pay for the construction and maintenance of roads via a federal fuel tax. Revenues from the tax go into the federal Highway Trust Fund, which is independent of the General Fund; every five years or so Congress passes an authorization bill to allocate these revenues. —Huang et al.

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Rio Tinto, Mongolia resolve issues over $6.925B Oyu Tolgoi copper project; underground operations to start

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Rio Tinto continues to work with the Government of Mongolia and TRQ to finalize the remaining outstanding measures of Resolution 92, namely the formal termination of the Oyu Tolgoi Mine Development and Financing Plan (UDP) and resolution of the outstanding OT LLC tax arbitration. Since 2010, OT has spent a total of $13.4

Mongolia 150
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Fisker Lands Additional $85M for Karma Plug-in

Green Car Congress

has entered into definitive agreements to receive an additional $85 million in venture capital funding for the development and manufacturing of its Karma plug-in hybrid automobiles. Early production vehicles of the 2010 Fisker Karma are slated to come off the assembly line late this year. Fisker Automotive, Inc.

Karma 150
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Mirant and RRI Energy to Merge to Create GenOn Energy; Second-Largest Independent Power Producer in US

Green Car Congress

have entered into a definitive agreement to create GenOn Energy, which will be the second-largest independent power producer in the United States (behind Exelon), with approximately 24,700 megawatts (MW) of electric generating capacity and a pro forma market capitalization of $3.1 Mirant Corporation and RRI Energy, Inc.

Energy 186
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J.D. Power sees hybrid and EV share below 10% of US market through 2016 despite rising fuel prices

Green Car Congress

Percentages for overall consideration of alternative powertrains (definitely would / probably would). Percentages for overall consideration (definitely would / probably would) were: Hybrid electric vehicles: 51%. At the end of 2010, tax credits from the Energy Policy Act of 2005 were phased out. Click to enlarge.

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