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Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

Of the 42 different energy incentives, 25 are temporary and expire every year or two, and the credits for clean electricity alone have been adjusted 14 times since 1978. If Congress continues to extend current incentives, they will cost nearly $150 billion over 10 years. Specific proposals include: Clean electricity tax credit.

Tax 281
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Opinion: A More Level Playing Field for Advanced Biofuels

Clean Fleet Report

Congress has moved swiftly to pass this legislation–and rightfully so. But, there is still more that can be done to incorporate low-carbon fuel alternatives into our national climate strategy. After all, tax credits alone represent only half of what is needed to support a more robust supply of low-carbon fuels.

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Energy Learning Curve Survey Finds Americans Support Wide Array of Proposed Energy Policies, But Are Not Yet Ready to Make Tradeoffs

Green Car Congress

However, the survey also found that the public may not yet be prepared for the tradeoffs and challenges needed to make these proposals a reality, with majorities rejecting measures such as a floor on gasoline prices, congestion charges, or higher fuel taxes. Anything that increases the cost of driving is soundly rejected by the public.

Energy 150