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Push for biofuels tax credits

Green Cars News

A group of biotechnology and biofuel companies and trade associations have appealed for an extension to the tax credits offered for cellulosic biofuels. Tags: Biofuels Green cars Latest news algae biofuel Alternative Fuels biofuel tax credits Green JOB Act renewable energy economy.

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OECD paper presents and analyzes policies and programs to foster market growth of green cars

Green Car Congress

Given the specific barriers, suggests author Andrea Beltramello, there is a role for government to support the development and diffusion of green vehicles, including through policies to strengthen the markets for green cars. Alternative fuels include biofuels, natural gas, hydrogen and electricity from the grid.

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US ponders boost to EV tax credits

Green Cars News

The US government is considering cutting taxes on liquefied natural gas (LNG) and increase tax breaks for electric cars to increase the uptake of alternative fuel vehicles. In a new US Treasury analysis of tax proposals, it is proposed that suggests that the current allowance of up to $7,500[.].

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Survey Finds US Hybrids and Diesels Beat Gasoline Models on Full Cost of Ownership

Green Car Congress

The long-time knock against “greencars, trucks and SUVs is that their sticker prices do not justify the gas savings. Green” vehicles hold their value better than traditional cars, trucks and SUVs. Tax credits matter. Alternative-fuel vehicles provide a strong hedge against a jump in fuel prices.

Cost Of 150
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5 Best Electric Car Insurance Tips for Millennials

Clean Fleet Report

Some companies are offering what is known as a green car discount or alternative fuel discount for those who own electric vehicles. For instance, if your family has other cars, then you might want to get insurance from the same company and enjoy reduced rates because of having multiple policies.

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A look at how US Tax Bill affects fuels

Green Cars News

On Friday, HR 4853, the Tax Relief, Unemployment Insurance Reauthorisation and Job Creation Act of 2010, was signed by US President Barack Obama. It includes a number of provisions related to fuels. Firstly, the bill will extend the volumetric ethanol excise tax credit through 2011 at the existing rate of $0.45/gallon.

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Coalition wants fuel credit for E85

Green Cars News

A group of retailers, equipment manufacturers, producers, and more, have gathered together to form the “Coalition for E85” in an effort to earn tax credits for the ethanol fuel. From the end of the year, the existing US Federal tax credit for ethanol fuel will expire – meaning that flex fuel drivers will pay as [.].