Remove Climate Remove Climate Change Remove Miles Remove Tax Credit
article thumbnail

Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits.

article thumbnail

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

Strong income tax credits for the purchase of new diesel, hybrid, and plug-in hybrid vehicles are very expensive and essentially ineffective at reducing GHG emissions from transportation. Purchase tax credits are an expensive way to reduce oil consumption and GHG emissions from transportation. —Morrow et al.

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. Californians collectively drive over a billion miles every day, releasing tons of greenhouse gases (GHG) and pollutants into the air.

article thumbnail

Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

Chairman of the Homeland Security and Governmental Affairs Committee, released the details of their long-anticipated energy and climate change legislation on Wednesday, 12 May. Now mindful of the Deepwater Horizon accident in the Gulf, the bill allows coastal states to opt-out of drilling up to 75 miles from their shores.

article thumbnail

Study finds carbon capture & storage could be financial opportunity for conventional ethanol plants

Green Car Congress

A credit of $60 per metric ton of CO 2 sequestered would be sufficient to cover the costs of capture, transport and sequestration for about 30 million metric tons of CO 2 per year. The team estimates this would result in the construction of 4,300 miles of pipelines. Earlier post.).

Carbon 218
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.