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Colorado buyers of Chevy Volt eligible for $13,500 in tax credits

Green Car Congress

Colorado residents who purchase or lease a new Chevrolet Volt are eligible for a state tax credit of up to $6,000 in addition to a federal tax credit of up to $7,500 for a total price reduction of as much as $13,500. A tool to determine specific state or local electric vehicle tax credits is available here.

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Obama FY 2012 budget proposes big boost for EVs and EV technology, cuts for hydrogen

Green Car Congress

Organizational-level DOE budget requests for FY 2012. In support of President Obama’s goal of having 1 million advanced technology vehicles on US roads by 2015, the President’s Budget submitted today proposes a new effort to support electric vehicle manufacturing and adoption in the United States through new consumer.

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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. We need both a policy like a carbon tax and to put more R&D money into renewables.

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Battelle-R&D Magazine forecast predicts 5.2% growth in 2012 global R&D spending to $1.4+T, largely driven by Asian economies; US companies and tech providers to boost energy R&D spending by 23.1% to $6.7B

Green Car Congress

Source: 2012 Global R&D Funding Forecast. in 2012 to more than $1.4 billion in R&D in 2012, up 3.75% over 2011. billion in 2012, a decrease of 1.16%. Academia in the US will spend $12 billion on research in 2012, up 2.85% over last year. Non-profits will increase spending in 2012 by 2.7% billion in 2012.

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Exploring the adoption of EVs in the US, Europe and China; charging scenarios and infrastructure

Green Car Congress

Source: “Electric Vehicle Grid Integration”. The report identifies insights about the choice of charging infrastructure in each region that will both maximize benefits to consumers (thus helping to drive EV adoption) and maximize benefits to the grid from greater EV use. —“Electric Vehicle Grid Integration”.

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A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

—A123 Systems Form 8K 30 May 2012. A123 Systems has been the recipient of a number of state and federal grants and tax incentives. Under the agreement, the DOE will provide cost reimbursement for 50% of qualified expenditures incurred from 1 December 2009 to 30 November 2012. The tax credit is not to exceed $25.0

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

Green Car Congress

The hydrogen is combined with CO 2 to produce methane, which is pumped into and stored in the existing natural gas grid and used like natural gas for use in power generation, transportation, or other thermal and industrial uses. The allocation of emissions allowances and the carbon tax, once it is in place.

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