article thumbnail

California ARB adds another $6M to Clean Vehicle Rebate Program

Green Car Congress

The California Air Resources Board (ARB) has put an additional $6 million into the state’s Clean Vehicle Rebate Project. million from the California Energy Commission (CEC) two weeks ago ( earlier post ), the combined $10.5 This can be combined with an up to $7,500 clean vehicle federal tax credit and various other regional incentives.

Clean 199
article thumbnail

California Senate President pro tem proposes carbon tax on transportation fuels

Green Car Congress

California Senate President pro tempore Darrell Steinberg proposed a carbon tax on fossil transportation fuels to replace the coming cap and trade mandate on that sector in 2015. In 2020, the tax is estimated at 24¢/gallon—lower than the upward price risk under cap and trade at 40¢/gallon. A carbon tax is stable.

Tax 230
article thumbnail

Biden rumored to announce quadrupling of tariffs on Chinese EVs, up to 100%

Baua Electric

China was originally somewhat slow to adopt EVs – in 2015, EV market share was just.84%, 66% and well below California at 3.1% The Inflation Reduction Act which updated the US EV tax credit included protectionist measures to disallow Chinese-sourced EVs from taking advantage of the credit. at the time.

Chinese 52
article thumbnail

Chevrolet cuts price on Spark EV; with incentives and “bonus cash”, as low as $14,995

Green Car Congress

Depending on an individual’s tax situation, the Spark EV ( earlier post ) is eligible for federal tax credit up to $7,500. California and Maryland Spark EV owners may also qualify for a $2,500 California state rebate or $2,300 Maryland excise tax exemption. seconds.

Chevrolet 150
article thumbnail

Mercedes-Benz B-Class Electric Drive priced at $41,450 for US; 85-mile range

Green Car Congress

Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits. The MY14 B-Class Electric Vehicle will be available beginning in mid-July to dealers in California; Connecticut; Maine; Maryland; Massachusetts; New Jersey; New York; Oregon; Rhode Island; and Vermont.

Mercedes 291
article thumbnail

Delek sells AltAir renewable diesel/jet business to World Energy for $72M

Green Car Congress

Delek US Holdings has sold AltAir Paramount, LLC and Delek’s Paramount, California refining and pipeline assets to an affiliate of Boston-based World Energy, LLC, a major biodiesel producer. million, taking into consideration estimated working capital, Delek US’ portion of the biodiesel tax credit for 2017, and deal costs.

Renewable 150
article thumbnail

Lung Association report highlights health and climate costs of petroleum-based transportation and the benefits of shifting to ZEVs

Green Car Congress

Of that $37 billion, health costs added up to $24 billion in 2015; the $24 billion represents the monetized sum of harmful emissions responsible for an estimated 220,000 work-loss days, more than 109,000 asthma exacerbations, hundreds of thousands of other respiratory impacts, and 2,580 premature deaths. billion by 2050. New York: $7.9

Climate 150