article thumbnail

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.

article thumbnail

Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

Under the scheme, around 500 of the largest emitters in Australia—facilities that have direct greenhouse gas emissions of 25,000 tonnes of CO 2 -equivalent per year or more (excluding emissions from transport fuels and some synthetic greenhouse gases)—will need to buy and surrender to the Government a permit for every tonne they produce.

article thumbnail

Guide to California EV Incentives

EV Life

It’s no secret that motor vehicle emissions are one of the main sources of pollution in the state of California and one of the leading causes of climate change in the country. The only way to avoid more expensive and disruptive climate changes is to significantly reduce these emissions.

article thumbnail

Australia unveiled its new EV policy

Electric Vehicles India

Australia’s Prime Minister Scott Morrison has announced the federal government’s new electric vehicle strategy to encourage people to buy electric vehicles. Last week in COP26 (26th United Nations Climate Change Conference 2021) Australia had signed a global agreement to make electric vehicles the “new normal” by 2030.

article thumbnail

How EV Charging Boosts Your Workplace Benefits Package

Blink Charging

In Deloitte’s Global 2022 Gen Z and Millennial Survey , Gen Z (born 1995-2003) and Millennials (born 1983-1994) ranked climate change in their top concerns after the cost of living. EV drivers can save thousands of dollars on fuel and maintenance costs and now qualify for a $4000 used EV tax credit or a $7500 new EV tax credit.

article thumbnail

How EV Charging Boosts Your Workplace Benefits Package

Blink Charging

In Deloitte’s Global 2022 Gen Z and Millennial Survey , Gen Z (born 1995-2003) and Millennials (born 1983-1994) ranked climate change in their top concerns after the cost of living. EV drivers can save thousands of dollars on fuel and maintenance costs and now qualify for a $4000 used EV tax credit or a $7500 new EV tax credit.

article thumbnail

Proposed California Bill SB-233 Mandates Bidirectional Charging for EVs to Advance Grid and Climate Protection

Driivz

The right business models can incentivize adoption People and businesses buy vehicles for transportation, not to serve as grid assets. Although drivers may value having a way to reduce carbon footprint, save money, and participate in stopping climate change, the right business models are also key to V2G adoption.