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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas. —Christopher Knittel.

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

Under the scheme, around 500 of the largest emitters in Australia—facilities that have direct greenhouse gas emissions of 25,000 tonnes of CO 2 -equivalent per year or more (excluding emissions from transport fuels and some synthetic greenhouse gases)—will need to buy and surrender to the Government a permit for every tonne they produce.

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Nine EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, more

Baua Electric

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.

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Who will be in the driver’s seat?

Electric Auto Association

Amy Sinclair speaks to friend about driving electric. Amy Sinclair is the only woman presently serving on the board of the Golden Gate Electric Vehicle Association (GGEVA) , and for many years she has been one of the few female members of this Electric Auto Association (EAA) Bay Area chapter.

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Audi banking on Gen 2 3.0L TDI diesel for US sales; calls for a “fair shot” for diesel

Green Car Congress

Do they get state or federal tax breaks? In fact in 6 of the states, diesel fuel is penalized with additional state taxes. So diesel fuel gets taxed twice or penalized twice at the federal and state level. Fuel cells are seen as hitting 1% by 2025; extended range electric vehicles, 3%; and battery-electric vehicles, 4%.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.

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Researchers propose evaluating alt fuel efficiency based on energy rather than volume; impact of ethanol on vehicle efficiency and GHGs

Green Car Congress

As a result, they conclude, uncertainties in the net greenhouse gas (GHG) effect of ethanol, particularly when used in a low-level blend with gasoline, are considerably larger than previously estimated. Boies (2013) Effects of Ethanol on Vehicle Energy Efficiency and Implications on Ethanol Life-Cycle Greenhouse Gas Analysis.

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