Remove 2014 Remove Economy Remove Fuel Tax Remove Market
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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

From 1 July 2015, the carbon price will be set by the market. Most Australians now agree our climate is changing, this is caused by carbon pollution, this has harmful effects on our environment and on the economy—and the Government should act. Transport fuels will be excluded from the carbon pricing mechanism.

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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

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. A proposal for existing plants is due in 2014, with targeted file rule in 2015.

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Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

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For any type of electricity generation, a business can choose whether it wants to receive the credit as a production tax credit (which is claimed each year), or an investment tax credit, which is claimed when the facility begins to operate. Clean fuels tax credit. The cleaner the facility, the larger the credit.

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MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

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The research for the report was done by a team of graduate students from 2009 to 2014, and includes some 20 projects. Evolving US new LDV market: percent sales by powertrain type out to 2050. Market-based incentives should be implemented to support the US Corporate Average Fuel Economy (CAFE) LDV requirements.

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