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Virginia Sees Sense, Scraps 2013's Hybrid Vehicle Tax

Green Car Reports

Taxes are rarely popular, but if they''re to be accepted by the populace the bare minimum they have to do is make sense. Virginia''s annual tax on hybrid vehicles did not make sense. This week.'

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Senate version of “Fiscal Cliff” legislation includes 12 energy tax extenders; boost for algae

Green Car Congress

8) passed by the US Senate on New Year’s Day by a vote of 89 - 8 to avoid the across-the-board increase in taxes currently called for by the “fiscal cliff” are a number for energy tax benefits. The Sections are: Credit for energy-efficient existing homes is extended to 31 December 2013.

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UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

Green Car Congress

Though there are some exceptions to these positive results for some of the diesel versions of vehicles from a total-cost-of-ownership perspective, the overall direction of the results supports the idea that diesel vehicles are competitive within the U.S. Data: Polk, 2015.

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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050).

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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. Specific proposals include: Clean electricity tax credit.

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A Reminder: WA Electric Car Owners Pay $100 Tax From 2013

Green Car Reports

If you live in Washington State, the cost of driving an electric car is set to go up in February next year. Not by a lot, it has to be said--but in an effort to get electric car owners to pay their share for the upkeep of roads and bridges, Washington electric car drivers will start paying an additional $100 yearly tax.

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EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

in 2013 and 0.4% Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. These incentives are in addition to a federal (nationwide) tax credit, which ranges from $2,500 to $7,500 depending on battery capacity and gross vehicle weight. sales and use tax.

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