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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain.

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Fuel provisions in the Tax Relief bill

Green Car Congress

4853 , the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (“Middle Class Tax Relief Act of 2010”). The bill extends the Volumetric Ethanol Excise Tax Credit (VEETC) through 2011 at the current rate of $0.45/gallon The bill also extends through 2011 the existing $0.54/gallon,

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Nissan Sets US MSRP for 2011 LEAF EV at $32,780; As Low as $25,280 with Federal Tax Credit

Green Car Congress

(NNA) set the US MSRP for the 2011 Nissan LEAF electric vehicle, which becomes available for purchase or lease at Nissan dealers in select markets in December and nationwide in 2011, at $32,780. Charging dock and installation are eligible for a 50 percent federal tax credit up to $2,000.

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Study finds that linking increased transportation tax to environmental or other specific benefits increases Americans support for higher transportation taxes

Green Car Congress

A national phone survey by the Mineta Transportation Institute (MTI) found that a majority of Americans would support higher taxes for. The survey results show that very low support levels for a one-time gas-tax increase or a new mileage tax can be raised by modifying how the tax is structured and the way it is described.

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Senate version of “Fiscal Cliff” legislation includes 12 energy tax extenders; boost for algae

Green Car Congress

8) passed by the US Senate on New Year’s Day by a vote of 89 - 8 to avoid the across-the-board increase in taxes currently called for by the “fiscal cliff” are a number for energy tax benefits. Credit for alternative fuel vehicle refueling property is extended to 31 December 2013. Qualifying 2- or 3-wheel vehicles need a 2.5

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EIA: US consumption of alt fuels up 13% in 2011; E85 second behind natural gas; medium-duty vans had greater impact than LDVs

Green Car Congress

Consumption of alternative fuels by vehicle type, 2011. In alternative-fueled vehicles, consumption of ethanol (E85) increased 52% from the prior year’s consumption, an increase from 90,323 thousand gasoline-equivalent gallons in 2010 to 137,165 thousand gasoline-equivalent gallons in 2011. Replacement fuels—i.e.,

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2011 Hyundai Sonata Hybrid Tax Credit: $1,300, One Month Only!

Green Car Reports

Like us, you may eagerly have been awaiting the arrival of the 2011 Hyundai Sonata Hybrid. One of the reasons may be the tax credit for purchase of a hybrid vehicle that you can claim when you file your taxes. The 2011 Sonata Hybrid will qualify you for a credit of $1,300. You may even be planning to buy one.