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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., Some of the ICCT recommendations are mirrored in the recently released Baucus draft proposal for tax reform ( earlier post ), notes Dr. Chris Malins of the ICCT, one of the study’s co-authors.

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French Environment Minister Outlines Revised Carbon Tax Plan

Green Car Congress

French Environment Minister Jean-Louis Borloo on Wednesday outlined a revised proposal for a carbon tax on large stationary emitters, following the Constitutional Court’s rejection of the original plan last December. The new plan keeps the tax at €17 per tonne.

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UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

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In the Pre-Budget Report (PBR) released on 9 December, UK Chancellor Alistair Darling announced that all electric cars will be exempt from Company Car Tax (CCT) for 5 years and electric vans will be exempt from Van Benefit Charge (VBC) for the same period. per gallon US) in real terms on 1 April each year from 2010 to 2013.

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New Zealand simplifies Road User Charges system, extends exemption for light electric motor vehicles from 2013 to 2020

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Since some 36% of diesel is used off-road, such as on farms, by manufacturing, industrial and commercial ventures, and boats, a fuel tax for road use would impose an unfair burden onto these sectors, the government says.). The charge for some individual vehicles will be greater and some lesser than at present. tonnes or less.

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Mitsubishi to debut eight xEVs in next five years: hybrids, plug-in hybrids, EVs

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The plans are part of Mitsubishi’s “ Jump 2013 ” strategy: the Tokyo-based automaker has set a global sales targets of 1.37 million vehicles by fiscal 2013, as compared to 1 million vehicle sold in the current fiscal year. The vehicle is expected to carry a MSRP of $29,995 before taxes and incentives.

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Study shows bamboo ethanol in China technically and economically feasible, cost-competitive with gasoline

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per gallon US) subsidy and fuel excise and value-added tax exemptions, and ( b ) a prospective future scenario with no form of government support measures. In 2011, China contributed 29% of world carbon dioxide emissions and therefore the country has a significant potential to influence the present and future global energy situation.

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Scania adds 13-liter biodiesel engines to its Euro 6 range

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In October 2013, Scania had introduced its robust five-cylinder, 9-liter biodiesel engine in two different output versions, 320 hp and 360 hp. In Austria, biodiesel attracts tax concessions due to the lower carbon dioxide emissions it produces. Biodiesel use is uncomplicated; drivers simply need to fill up and drive away.

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