article thumbnail

DOE to award up to $750M to support clean hydrogen electrolysis, manufacturing and recycling

Green Car Congress

The US Department of Energy (DOE) intends to issue $750 million in funding to reduce the cost of clean-hydrogen technologies. ( The US Department of Energy (DOE) intends to issue $750 million in funding to reduce the cost of clean-hydrogen technologies. ( DE-FOA-0002921 ) The activities to be funded under this FOA support Sec.

Clean 284
article thumbnail

Upcoming Changes to the Clean Vehicle Tax Credit Explained

Blink Charging

To encourage clean and energy-efficient vehicle adoption, the United States government has made significant changes to the Clean Vehicle tax credit, to take effect from January 1, 2024. These changes make it easier for drivers to access tax credits when purchasing clean vehicles. How Do Consumers Benefit?

article thumbnail

Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

Green Car Congress

This puts an unnecessary cost burden on low- and middle-income households as we transition to using clean electricity. A more equitable model would recover costs from sales or income taxes, or an income-based fixed charge. En Banc White Paper (Utility Costs and Affordability of the Grid of the Future, Feb.

article thumbnail

Government of Canada investing nearly $15M in new EV chargers across the GTA

Green Car Congress

Since 2016, the Government of Canada has invested $1 billion to make EVs more affordable and chargers more accessible for Canadians and has approved funding to support the installation of more than 34,500 EV chargers to date.

Canada 304
article thumbnail

Tesla Model 3 Price Slashed In Half Thanks To Incentives: Just $19,830

InsideEVs

California’s tax rebates, combined with the federal clean vehicle credit, can make select electric cars significantly more affordable for some buyers.

Tax 144
article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases. Today’s new plants are tomorrow’s retrofits.

Hydrogen 221
article thumbnail

SAFE Report: electricity shortfalls impede IRA’s materials production goals

Green Car Congress

Aluminum, the report says, is caught in the middle of the clean energy transition—it is a crucial component enabling economy-wide decarbonization, but at the same time is one of the highest emitting industrial materials. The SAFE “ Legislative Analysis for the U.S.