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IRS seeks feedback on clean hydrogen production tax credit

Green Car Congress

The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several tax credit provisions in the Inflation Reduction Act (IRA). These include: Credits for Clean Hydrogen Production (45V) and Clean Fuel Production (45Z) ( Notice 2022-58 ).

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California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 per gallon of DME used and $0.06 per gallon).

Tax 376
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Coalition for E85 forms to push for inclusion in Alternative Fuel Credit

Green Car Congress

A coalition of retailers, producers, equipment manufacturers, and others have formed the “Coalition for E85” to push for ongoing US Federal tax credits for ethanol fuel. If the current tax credit for ethanol fuel expires at year’s end, flex fuel vehicle drivers will pay as much as 38 cents more per gallon.

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Louisiana’s SB 8 Is Hoping To End EV Tax Credits Early

CleanTechnica EVs

The bill proposes to accelerate the sunset date of alternative fueled vehicle (electric vehicles and hybrid electric vehicle) tax credits in Louisiana. In essence, they want to end the tax credits earlier than planned. Louisiana’s Ways and Means will hear SB 8 on Monday, May 24.

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US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

Geographical distribution of Clean Cities Recovery Act awards. The US Department of Energy (DOE) has selected 25 cost-share projects under the Clean Cities program that will be funded with nearly $300 million from the American Recovery and Reinvestment Act. Click to enlarge. Total DOE award: $15,000,000. Total DOE award: $14,999,927.

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President Obama announces $1B National Community Deployment Challenge to spur deployment of alternative-fuel vehicles; new purchasing incentives; new EV Everywhere research grand challenge

Green Car Congress

US President Barack Obama announced a new $1-billion National Community Deployment Challenge to spur deployment of advanced alternative fuel vehicles in communities around the country. Tax credits.

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Get Your Federal Charging Tax Credit and $100 Off a JuiceBox Charger

EV Match

The Alternative Fuel Infrastructure Tax Credit expires at the end of the year. Don’t forget to take advantage of the 30% federal tax credit, up to $1,000 for residential properties and $30,000 for commercial properties. May 2021 bring more clean energy and electric vehicles to all. Happy New Year!