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Canada and California to work together on cleaner transportation

Green Car Congress

Canada’s Minister of Environment and Climate Change, Catherine McKenna, and the Chair of the California Air Resources Board, Mary Nichols, today signed a new cooperation agreement to advance cleaner vehicles and fuels. The transportation sector is the source of nearly a quarter of Canada’s carbon emissions and more than 40% of California’s.

Cleaner 255
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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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Tesla Tax Credit: How Californians Can Save $15,000 with EV Credits and Rebates

EV Life

Buying a new car is one of the most significant purchases you’ll likely make in your life, so you want to make sure you’re getting the best deal available. The EV tax credit outlined in the Inflation Reduction Act of 2022 is non-refundable, meaning it can only be applied to money you already owe in the tax year you purchase your vehicle.

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What EV Drivers Should Know About Leasing an EV This Year

Blink Charging

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

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10 Reasons Your Next Car Should Be an EV

Plug in America

keeps getting cleaner, meaning that these benefits will continue to grow in future years. EVs Cost Less to Fuel Powering your ride with electricity costs about 60% less than buying gasoline. EVs are Eligible for Federal, State, and Utility Incentives The Inflation Reduction Act extended and expanded federal tax incentives for EVs.

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How the Electric Vehicle Revolution Is Changing the World

Clean Fleet Report

Many of these businesses are buying junk cars for cash, like the EZ cash for junk cars , which has some pretty enticing offers. One of them is the tax incentives they provide for both new and used EVs, which are meant to motivate purchases. People will start to eliminate their cars as they move with the revolution.

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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge. billion through 2019.