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Lawmakers introduce bill to provide blender’s tax credit for Sustainable Aviation Fuel

Green Car Congress

Dan Kildee (MI-05) and Julia Brownley (CA-26), is supported at introduction by climate groups such as the Environmental Defense Fund and the World Wildlife Fund, and by industry groups, such as United Airlines, Airlines for America, LanzaJet, and the Airline Pilots Association. The tax credit would expire at the end of 2031.

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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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BNEF: global carbon capture capacity due to rise sixfold by 2030

Green Car Congress

Still, despite significant acceleration in the sector in the past two years, the world’s capacity for carbon capture is not being deployed fast enough to meet climate goals at the end of the decade, according to BNEF research. Legislators have recognized this mismatch and are ramping up their support for the industry.

Carbon 293
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Using blockchain traceability to build a circular battery economy

Green Car Congress

It’s no secret that we are in the midst of a rampant climate crisis. Electric vehicles are one of the most powerful climate solutions today—but also one of the most under-utilized. The automotive industry is often talking about what will happen post 2030, but this can’t be the focus.

Economy 330
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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.

Tax 230
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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. Increasing the tax-free threshold and cutting taxes also boosts incentives to work.

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

Green Car Congress

Crawford is poised to support the energy transition through the large scale production of critical minerals, including nickel and cobalt, and to become the sole North American producer of chromium, while also supporting the country’s climate objectives through large scale carbon capture and storage. IPT Carbonation – Crawford Nickel Project.

Canada 243