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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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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

We have had a long debate about climate change in this country. Most Australians now agree our climate is changing, this is caused by carbon pollution, this has harmful effects on our environment and on the economy—and the Government should act.

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Canada Nickel exploring incorporating carbon capture & storage in mining tailings in Crawford project

Green Car Congress

The company believes that the successful incorporation of IPT Carbonation could potentially allow a portion of the company’s project capital expenditures to become eligible for the carbon capture and storage refundable investment tax credits of 37.5% IPT Carbonation – Crawford Nickel Project.

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California Senate President pro tem proposes carbon tax on transportation fuels

Green Car Congress

California Senate President pro tempore Darrell Steinberg proposed a carbon tax on fossil transportation fuels to replace the coming cap and trade mandate on that sector in 2015. In 2020, the tax is estimated at 24¢/gallon—lower than the upward price risk under cap and trade at 40¢/gallon. A carbon tax is stable.

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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

Green Car Congress

Most of the largest subsidies to fossil fuels were written into the US Tax Code as permanent provisions. By comparison, many subsidies for renewables are time-limited initiatives implemented through energy bills, with expiration dates that limit their usefulness to the renewables industry. ELI Senior Attorney John Pendergrass.

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How the EV Charging Industry Is Emerging and Evolving

EV Connect

Since then, the market for electric vehicles has exploded, and with it the EV charging industry. Major improvements in technology, along with a growing sense of urgency in the push toward clean, sustainable energy, are changing the ways that institutions and businesses think about their role in the transportation economy.

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Australia unveiled its new EV policy

Electric Vehicles India

But the plan doesn’t provide financial or tax support to help Australian motorists to switch to a eco-friendly vehicle. It said that it will be helping the businesses set up charging stations for fleets and would “co-invest with industry” to install an estimated 50,000 smart chargers in homes.