Congress Cost Of Reviews Tax Credit 
Green Car Congress
FEBRUARY 11, 2023
Together, these components amount to nearly 80% of the materials cost of a lithium-ion battery. The project allows battery and automotive manufacturers to meet the new stringent critical mineral and battery component requirements for consumers to qualify for electric vehicle tax credits as established by the “Inflation Reduction Act”.
Green Car Congress
NOVEMBER 29, 2016
GAO was asked by Congress to review issues related to advanced biofuels R&D. This disparity in costs is a disincentive for consumers to adopt greater use of biofuels and also a deterrent for private investors entering the advanced biofuels market.
Green Car Congress
JANUARY 20, 2010
The staff of the California Air Resources Board has posted the expert review reports of the Zero Emission Vehicle (ZEV) technical analysis. ARB should initiate a drive to increase gasoline taxes nationally, in collaboration with interested political and environmental lobbying groups. 2009 Zero Emission Vehicle (ZEV) Review.
Green Car Congress
NOVEMBER 16, 2009
In addition to examining the scope of the challenges, the report makes a number of recommendations to address them, including: Establish tax credits for installing automotive-grade batteries in stationary applications to help drive scale and contribute to reducing battery cost. Review existing regulations on vehicle warranties.
Green Car Congress
OCTOBER 4, 2011
In 2005, Congress enacted the Renewable Fuel Standard as part of the Energy Policy Act (EPAct) and amended it in the 2007 Energy Independence and Security Act (EISA). As of 2010, biofuel production was contingent on subsidies, tax credits, the import tariff, loan guarantees, RFS2, and similar policies.
Green Car Congress
MAY 22, 2013
The committee will continue to gather and review information and conduct analyses through late spring 2014 and will issue its final comprehensive report in late summer 2014. Some research has shown that purchase rebates can be more effective than income-tax credits, the committee noted.
Green Car Congress
AUGUST 7, 2009
However, the team notes in the study, “PHEV marketplace penetration: An agent based simulation”, to achieve that level of penetration given the additional cost of the vehicles, subsidies in addition to the Federal tax credit already in place are critical. Fleet penetration would be less than 1% in ten years, the study finds.
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