Teslarati
MAY 14, 2021
Elon Musk recently reiterated his support for a carbon tax in the United States, reiterating a point he has emphasized in the past. A 2020 poll shows that 2/3 of American voters agree with Musk’s call for a carbon tax. In a tweet, Musk remarked that it is “high time” for a carbon tax.
Green Car Congress
DECEMBER 6, 2020
The 2020 Global Status on CCS report also finds that there are a total of 65 commercial CCS facilities in various stages of development globally. Source: 2020 Global Status on CCS. 2020 saw increased ambition and support for CCS in Europe as well. 2020 saw increased ambition and support for CCS in Europe as well.
Green Car Congress
AUGUST 21, 2022
In the US, demand for new energy vehicles is set to increase as the newly passed “Inflation Reduction Act” extends tax breaks for new electric vehicle purchases—although eligibility for the tax break will be determined by the sourcing of critical materials, including lithium. Earlier post.). Source: Statista.
Green Car Congress
MAY 2, 2020
Greenhouse gas emissions reductions from road transportation were down across the United States from early March to early April 2020. (UC The reduction in VMT per state was correlated with the number of COVID-19 cases and number of deaths (per 100,000 population)—i.e.,the Fuel saved, tax revenue lost.
Baua Electric
JANUARY 23, 2024
January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.
Teslarati
DECEMBER 16, 2021
Elon Musk may be paying an estimated $15 billion in taxes this year due to his massive sale of part of his TSLA holdings, but his contributions to the US government may end up supporting the fossil fuel industry. These include both direct subsidies to corporations, as well as other tax benefits to the fossil fuel industry.
Green Car Congress
AUGUST 6, 2022
The 2022 report accounts for a broader range of vehicle technologies and considers both current (2020) and expected future (2030-2035) conditions. The GHG emissions evaluation was carried out by expanding and modifying Argonne’s GREET model suite (2020 version) with inputs from industrial experts. fuel sales tax) and/or credits (e.g.,
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