Remove Cleaner Remove Resource Remove Tax Remove Tax Credit
article thumbnail

California adds $72.5M for cleaner diesel trucks, deployment of advanced vehicle technologies

Green Car Congress

The California Air Resources Board (ARB) announced an additional $72.5 The Air Resources Board will move $8 million from other clean vehicle projects into ARB’s Truck Loan Assistance Program. This can be combined with an up to $7,500 clean vehicle federal tax credit and various other regional incentives.

Cleaner 246
article thumbnail

Driving Green Initiatives: Direct Pay Tax Incentives for Local Governments

Blink Charging

To address this challenge, federal tax credits that offer elective pay , commonly known as direct pay, can be a valuable tool to help communities finance climate change mitigation and resilience projects that were previously too expensive. Once the project is completed and in operation, note the relevant tax year.

Tax 52
article thumbnail

California to receive more than $236M to support transit agencies’ transition to zero-emission buses

Green Car Congress

This funding comes from DOT’s Buses and Bus Facilities Program and Low or No Emission Vehicle (Low-No) Program, helping transit agencies purchase and lease new, cleaner vehicles and renovate and construct the infrastructure needed for zero-emission transit vehicles. Cleaner Transportation in the Coachella Valley. Project title.

article thumbnail

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.

article thumbnail

Guide to California EV Incentives

EV Life

To accomplish this, California has introduced a number of tax credits, rebates, and grants aimed at reducing air pollution and encouraging California drivers to make the switch to low-emission or no-emission vehicles. The California Air Resources Board has compiled a list of local programs on the DriveCleanCa website.

article thumbnail

10 Reasons Your Next Car Should Be an EV

Plug in America

This includes all of the resources used in manufacturing the vehicle, the battery, and powering the vehicle. keeps getting cleaner, meaning that these benefits will continue to grow in future years. Many EV models are eligible for up to $7,500 in income tax credits. In addition, electricity in the U.S.

article thumbnail

LEED Certification and EV Charging Stations: What you need to know

Blink Charging

Protect and restore water resources. To that end: 35% of LEED credits are related to climate change, 20% directly impact human health, 15% impact water resources, 10% affect biodiversity, 10% relate to the green economy, 5% impact community, and. 5% impact natural resources. 5% impact natural resources.