article thumbnail

Delek sells AltAir renewable diesel/jet business to World Energy for $72M

Green Car Congress

Delek US Holdings has sold AltAir Paramount, LLC and Delek’s Paramount, California refining and pipeline assets to an affiliate of Boston-based World Energy, LLC, a major biodiesel producer. million, taking into consideration estimated working capital, Delek US’ portion of the biodiesel tax credit for 2017, and deal costs.

Renewable 150
article thumbnail

Massachusetts Governor Proposes $0.19 Increase in State Fuel Tax to Support Transportation Projects

Green Car Congress

As part of a comprehensive reform plan to simplify the Commonwealth of Massachusetts’ transportation system, Governor Deval Patrick is proposing a fuel tax increase of $0.19 The increased fuel tax is intended to be in lieu of an increase in tolls. Future increases in the state fuel tax would follow the Consumer Price Index.

Fuel Tax 150
article thumbnail

BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

Conventional automotive technologies have significant emission-reduction potential, according to a draft of the Boston Consulting Group’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. BCG sees fewer levers available for diesel-fueled ICEs, which are already optimized. Source: BCG. Click to enlarge.

CO2 246
article thumbnail

GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

Engineering proptypes enjoy a tax break. Companies can not sell engineering prototypes in which the company got R&D tax breaks in developing the product. Posted by: Joe | Apr 13, 2009 11:27:11 PM The government gets no tax money on electric vehicles. We are addicted to the gasoline tax both at the State and Federal level.

Volt 41