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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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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

There has been a lot of past research on the cost of vehicles and the cost of fuel, but these other operating costs haven’t been studied in quite the same detail before. There were gaps in the data, especially with respect to alternative fuel powertrains—electric vehicles, fuel cell vehicles.

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AJR Trucking orders 50 Nikola Tre FCEVs; incentives bring rough cost parity with existing fleet

Green Car Congress

An additional $40,000 in federal tax credits is expected from the Inflation Reduction Act. AJR Trucking and Nikola will explore the opportunities to deploy Nikola’s 10,000 psi (700 bar) mobile fueling solution at AJR Trucking properties in Compton, Calif. to provide convenient and seamless fueling for the FCEVs.

Fleet 322
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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050).

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UPS plans to purchase 1,000 propane-fueled package delivery trucks, install fueling stations; $70M investment

Green Car Congress

UPS plans to purchase 1,000 propane package delivery trucks and install an initial 50 fueling stations at UPS locations. The propane fleet will replace gasoline- and diesel-fueled vehicles used largely in rural areas in Louisiana and Oklahoma with other states pending.

Purchase 291
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Researchers say fuel market rebound effect can result in increased GHG emissions under RFS2; suggest taxes over mandates

Green Car Congress

The US Renewable Fuel Standard (RFS2) is intended to reduce greenhouse gas emissions from transportation. Increasing the supply of low-carbon alternative fuels is a basic strategy to reduce greenhouse gas emissions.

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