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EIA projects US renewable diesel supply to surpass biodiesel in the near term but remain small part of larger diesel market

Green Car Congress

EIA projects that production of renewable diesel supply will grow because of its compatibility with existing distribution infrastructure and engines, higher state and federal targets for renewable fuel production, incentives from tax credits, and the conversion of existing petroleum refineries into renewable diesel refineries.

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Why Fleet Owners Are Electrifying Their Vehicles This Year

Blink Charging

Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment.

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Progress! IRA signed into law

Electric Auto Association

EV provisions The legislation creates a new and used EV tax credit, extending the tax credit on some new EVs to 2032 while shifting tax incentives to more affordable models that are manufactured in North America. This will support millions more low- and middle-income families than the original credit.

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How Truck Stops and Convenience Stores Can Benefit from Holiday EV Travel

Blink Charging

In McKinsey’s Building the Electric-Vehicle Charging Infrastructure America Needs report , if the United States meets its federal target of 50% of all vehicles sold by 2030 are zero-emission vehicles, “public charging would deliver more than 20 percent of the electricity EVs would use.” Ready to get started?

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Three Major Sources of Funding for EV Charging at Convenience Stores and Truck Stops

Blink Charging

. $5 billion is allocated for the NEVI program, which will be used by the states for the establishment of an interconnected national network of direct current fast chargers (DCFCs) along designated Alternative Fuel Corridors. Eligible funding amounts : Projects located in alternative fuel corridors: $1,000,000 – no maximum.

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ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

The United States and the European Union have some of the world’s most aggressive policies for alternative fuel promotion, including volumetric mandates, lifecycle fuel-carbon-intensity requirements, and fuel-taxation schemes. Harmonizing definitions of eligible pathways between this tax credit and the RFS2.

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Forecast: US biodiesel production to surpass RFS target for second straight year

Green Car Congress

According to the report, biodiesel is the first Environmental Protection Agency (EPA)-designated “advanced biofuel”—a category that lists alternative fuels possessing at least 50% fewer emissions than gasoline—to reach 1 billion gallons of annual production.