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UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

Green Car Congress

In the Pre-Budget Report (PBR) released on 9 December, UK Chancellor Alistair Darling announced that all electric cars will be exempt from Company Car Tax (CCT) for 5 years and electric vans will be exempt from Van Benefit Charge (VBC) for the same period. per gallon US) in real terms on 1 April each year from 2010 to 2013.

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CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

Such standards are effective in overcoming barriers to the introduction of more efficient vehicles and fuels, while creating regulatory certainty for product developers and manufacturers. This should include carbon and energy taxing, for example, as proposed in the amendment of the Energy Tax Directive. June 2013).

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

The plan also calls for accelerating the permitting for renewable power generation on public lands and upgrading the grid. DOE will take comment on the draft solicitation, with a plan to issue a final solicitation by the fall of 2013. Climate Change Emissions Fuel Efficiency Fuels Heavy-duty Policy'

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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. Senate Finance Committee Chairman Max Baucus (D-Mont.)

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