Green Car Congress
FEBRUARY 3, 2023
EIA said that two factors behind growing US renewable diesel capacity are rising targets for state and federal renewable fuel programs and biomass-based diesel tax credits. The “Inflation Reduction Act” extended the biomass-based diesel tax credits through 2024.
Green Car Congress
APRIL 21, 2011
The Minnesota Department of Transportation (Mn/DOT) will recruit 500 people from Wright and Hennepin counties to take part in research to test technology that could someday be used to collect a mileage-based user fee (MBUF) in lieu of a gasoline tax. These funding sources support construction and maintenance of the highway system.
Green Car Congress
FEBRUARY 15, 2013
This represents the second highest increase in geothermal power capacity over a calendar year since the production tax credit (PTC) was extended to geothermal in 2005, and a 5% percent increase over 2011 year-end data. In 2012, seven new geothermal projects and additions came online in three different states.
Teslarati
JUNE 24, 2022
” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. “The purchase of the BEV Lease is to aid in our goal of delivering carbon neutrality by 2050 by controlling the vehicle battery through its life, keeping it in the Ford network.”
Baua Electric
FEBRUARY 25, 2024
Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. For whatever reason, all EVs get the full $7500 applied to leases, however.
Green Car Congress
SEPTEMBER 30, 2009
We hope the tax, loan guarantee, and DOE spending provisions of the stimulus bill will help turn this around, but there have been delays implementing these initiatives by the federal agencies. California. Mississippi. New Mexico. Washington. unspecified. The report found a total of 144 projects under development that could add between 4,699.9
Green Car Congress
OCTOBER 2, 2011
On 23 September, the US Department of Energy (DOE) finalized a loan guarantee of up to $350 million for a 113MW geothermal power generation project sponsored by Ormat Nevada, Inc. Recent DOE geothermal funding. Earlier post.). NETL will partner with Penn State, West Virginia University, and the University of Pittsburgh in the 2-year effort.
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