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IRS seeks feedback on clean hydrogen production tax credit

Green Car Congress

The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several tax credit provisions in the Inflation Reduction Act (IRA). These include: Credits for Clean Hydrogen Production (45V) and Clean Fuel Production (45Z) ( Notice 2022-58 ).

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

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Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. Beginning in 2023, there are two new EV tax credits: the Used Clean Vehicle Credit and the Commercial Clean Vehicle Credit.

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JERA and Uniper to collaborate on clean ammonia and LNG from the US

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JERA & Uniper are collaborating to facilitate the development of the initial production of 2 MTPA of clean ammonia with expansion potential up to 8 MTPA, to accelerate the production and supply of zero-carbon fuels from the US for use in the US, Europe, Japan, and greater Asia.

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Clean Energy Fuels delivered 143M gallons of Redeem renewable natural gas in 2019, up 30% year-on-year

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Clean Energy Fuels Corp delivered 143 million gallons of Redeem Renewable Natural Gas (RNG) last year as robust sales of the carbon-neutral transportation fuel continued in 2019, closing out the year with significant deals throughout North America. In 2019 Clean Energy provided an estimated 16 million gallons of Redeem to UPS.

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How to Get the Federal Clean Vehicle Tax Credit This Year

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The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024. The Clean Vehicle Tax Credit for new EVs is worth up to $7,500 and the Previously Owned Clean Vehicle Tax Credit is worth up to $4,000. Here’s what you need to know. Ready to charge?

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CARB launching second round of Clean Off-Road Equipment Voucher Incentive Project with $130M

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The California Air Resources Board (CARB) announced the second round of its Clean Off-Road Equipment Voucher Incentive Project ( CORE ), tripling the amount of allocated funding from the previous round for equipment used in agriculture, airport, railyard, port, construction, and marine operations. Commercial harbor craft.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. China, both the world’s largest CO 2 emitter and largest market for clean energy production and consumption, played a crucial role in the story. billion and $2.7 billion in 2018.

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