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VW: $50 Million In Tax Credits, Wanted Electric-Car Credits For Diesels Too

Green Car Reports

Buyers of various Volkswagen TDI diesel vehicles took about $50 million in Federal income-tax credits in 2009 for the purchase of their supposedly green car. emissions EPA TDI incentives CAFE tax credit regulation Corporate Average Fuel Economy

Natural-Gas Vehicles To Get Electric-Car Tax Credit In Transportation Bill?

Green Car Reports

Congress passed an interim funding bill last week, to keep transportation funding. Green NGV congress incentives natural gas natural gas vehicle transportation policyAs another Congressional session winds down, the two houses are working to pass a long-overdue transportation funding bill.

Obama Budget Boosts Funding For More Efficient Cars, Hikes Electric-Car Tax Credit

Green Car Reports

President Barack Obama has said he wants to boost the Department of Energy''s vehicle research budget 75 percent to help develop more efficient cars.

Reminder: Tax Credit For Electric-Car Charging Station Is Back

Green Car Reports

As part of the recent fiscal cliff deal passed by Congress, many green energy programs saw renewed focus and deadline extensions, allowing people to benefit from them for a little longer. Included in these programs is the Alternative Fuel Vehicle Refueling Property credit.

Help Plug In America renew the EV infrastructure tax credit

Plugs and Cars

From Plug In America: Last year, Plug In America, along with electric vehicle and EV infrastructure manufacturers from coast to coast, worked with members of the House and Senate to get a critical plug-in vehicle infrastructure tax credit into the stimulus bill. And then you helped us get it passed!

Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

Green Car Congress

Volkswagen of America will invest $10 million by 2016 to support the build-out of electric vehicle charging infrastructure in the US, said Jörg Sommer, vice president, product marketing and strategy. Examples in this category include protecting and expanding existing tax credits in the Energy Independence and Security Act.

Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US. The cleaner the facility, the larger the credit.

Obama blueprint for a US economy “built to last” includes “all-of-the-above” energy strategy; call for 80% of US electricity from clean sources by 2035

Green Car Congress

Create clean energy jobs in the United States. : The President called on Congress to build on the positioning of America to be the world’s leading manufacturer in high-tech batteries and reiterated his call for action on clean energy tax credits and a national goal of moving toward. That’s right—eight years.

Partner Update and Announcement

Plug In Partners

Unfortunately, consumer tax incentives for the purchase of plug in hybrids were not included. Check out the press release at v2green.

Cash for Volts?

Revenge of the Electric Car

A coalition of car makers, battery suppliers and electricity providers has come together to ask for federal help for EVs. More details at: Group Seeks US Tax Credits To Spur Electric Car Use. All stressed that plug-in technology already exists and just needs a push on the financial front from Congress.&#. Some U.S.

Hatch Hopes to Drive Plug-In

Plug In Partners

The group recognized Hatch for his CLEAR ACT (Clean Efficient Automobiles Resulting from Advanced Car Technologies), which Congress passed last summer.

Google Ogles Plug Ins

Plug In Partners

It will also pay taxes. H ere is a big development for PHEVs. One of its maiden projects reflects the philanthropy’s nontraditional approach.

Everybody Happy: Bush to Sign Do-little Energy Bill

Plugs and Cars

The reality, however, is no removal of tax breaks for Big Oil; no 15% renewables standard for utilities; no plug-in hybrid incentives. Resch, president of the Solar Energy Industries Association, which sought an extension of the investment tax credit that expires at the end of next year. Big whoop. Boxer.

Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

The bill prohibits covered entities from emitting or having attributable greenhouse gases in excess of their allowable emissions level, which is determined by the number of emission allowances and offset credits they hold on the specified date. Specific clean vehicle programs include: Electric Vehicle Infrastructure. Farming.

National Academies issues interim report on overcoming barriers to PEV deployment

Green Car Congress

The National Academies has issued a pre-publication version of an interim report on Overcoming Barriers to Electric-Vehicle Deployment. As a result, the National Research Council (NRC)—a part of the National Academies—appointed the Committee on Overcoming Barriers to Electric-Vehicle Deployment. The electric grid.

President’s Jobs Council recommends an “All-in” energy strategy; from fossil fuels and pipelines, to efficiency, renewables and vehicle electrification

Green Car Congress

Very broadly, the report lays out an agenda to “Invest in Our Future” through education and innovation, “Build on Our Strengths” in the critical sectors of energy and manufacturing, and “Play to Win” by making overdue tax and regulatory reforms to stay competitive. Support efficiency measures in electricity and transportation.

Governor Pataki On Board

Plug In Partners

Plug-in hybrid vehicles can be plugged into the electric grid – such as a normal 120 volt household outlet - to boost mileage.

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Is tax equity dead? Generally, tax equity investors expect a return in the 8-12% range. by Bill Cooke. Billion vs. $28.3