article thumbnail

UK Electricity Prices compared to Europe

EV Info

Interesting article in the I newspaper comparing the cost of Electricity in the UK with the rest of Europe. The cost of electricity, including taxes, was 48.94 c€/kWh), followed by Italy (38.09 Their research gives the UK a cost of 41 Euro Centre / kWh This is well above the EC average. c€/kWh), Denmark (37.40

Europe 52
article thumbnail

NITI Aayog bats for incentives for LNG-fuelled commercial vehicles – ET Auto

Baua Electric

Proposing a host of fiscal incentives, the Aayog called for reducing the value added tax (VAT) on sale of LNG to heavy duty vehicles to 5% and bringing the retail LNG price under the ambit of the 5% GST bracket. “It “This can generate initial demand for the LNG project and provide sustainability to the retail LNG outlets,” it said.

article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Is tax equity dead? Cap and Trade Disappointment.

Financing 150
article thumbnail

Whatever Happened to the Population Bomb?

Cars That Think

Some affluent nations have had below-replacement TFRs for several decades ( Germany since 1970, Italy since 1976), but this fertility retreat has now deepened to such an extent that substantial population declines by 2050 are now inescapable in at least a quarter of the world's nations. children per woman. TFRs below 1.5 SOURCE: U.N.

Italy 145
article thumbnail

Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable. More on this below.

article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

In this article, we will review the facts and explain our thoughts on where we believe EVs are headed. In certain European countries, such as Italy or the UK , passenger vehicle sales even dropped as much as 95-97%. EVs were experiencing rapid growth before the COVID-19 outbreak. According to CleanTechnica , China will spend up to $1.5

Economy 52