2018 Emissions Tax Tax Credit 
EV Adoption
FEBRUARY 23, 2021
For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.
Green Car Congress
OCTOBER 25, 2016
On November 8, Washington will vote on the US’ first revenue-neutral carbon tax. If approved, Initiative 732 would establish a tax on carbon emissions at $15 per metric ton of emissions in July 2017; $25 in July 2018, and then 3.5% plus inflation each year until the tax reaches $100 per metric ton.
Green Car Congress
SEPTEMBER 19, 2018
Charge Ready NY rebates can be combined with New York State’s 50% tax credit for installing charging stations. The tax credit is applied after the rebate amount received from NYSERDA. The transportation sector is one of the largest producers of energy related greenhouse gas emissions in New York State.
Clean Fleet Report
JUNE 15, 2021
This figure represents a 46 peercent increase compared to sales made in 2018. Zero Carbon Emissions. You can now purchase an electric vehicle at a fair price due to the existing tax credits. The federal tax credit exempts allows you to deduct up to $7,500 from the vehicle’s initial cost.
Green Car Congress
FEBRUARY 25, 2021
A report from the State Auditor of California finds that California may not successfully meet its upcoming greenhouse gas (GHG) reduction goal of 40% by 2030, which will require the State to reduce GHG emissions by nearly 40% over the next decade. Source: State Auditor Report Number: 2020-114.
Green Car Congress
AUGUST 21, 2020
In 2018, the Intergovernmental Panel on Climate Change (IPCC) issued a report indicating that in addition to significant emissions reductions, removing atmospheric CO 2 is necessary to attain the 1.5 This technology provides a pathway to bolster Paris Agreement-aligned efforts aimed at limiting increases in global temperature to 1.5
Green Car Congress
APRIL 24, 2018
Contour plot of modeled abatement costs and scales for CO 2 capture and compression for biorefineries (n = 216); 60% of fermentation CO 2 emissions are available for pipeline transport for under $25/tCO 2. Mach (2018) “Near-term deployment of carbon capture and sequestration from biorefineries in the United States” PNAS doi: 10.1073/pnas.1719695115.
Expert insights. Personalized for you.
98 
Let's personalize your content