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Senate improves EV tax credit in largest climate bill ever

Electrek

The Senate has voted to pass the Inflation Reduction Act, which includes nearly $400 billion over 10 years in funding for climate and energy related programs, and an extension and improvement of the US electric car tax credit. The post Senate improves EV tax credit in largest climate bill ever appeared first on Electrek.

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Fighting Climate Change With Tax Credits

Energy Institute at HAAS

Can we get more carbon mileage out of politically passable climate policy? And the problem with swinging for the fences … Continue Reading Fighting Climate Change With Tax Credits. Build Back Better (BBB) prospects are not looking so good.

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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

Some will suffer greatly from climate change, while others may even benefit. The social cost of carbon has become the standard measure to benchmark the magnitude of the carbon taxes needed to implement optimal carbon policy. Setting such a high tax on carbon is probably unrealistic, especially in developing countries.

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Study finds limited evidence that carbon tax rebates have increased public support for carbon pricing

Green Car Congress

In a study published in Nature Climate Change , an international research team reports finding limited evidence that individual or household rebates have increased public support for carbon taxes in Canada and Switzerland.

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Heat Pumps Take on Cold Climates

Cars That Think

Twenty homes scattered across Canada and the northern United States are keeping warm this winter using prototypes of the latest iteration in residential heating systems: cold climate heat pumps. To prove it, eight manufacturers are publicly testing their prototypes in the Cold-Climate Heat Pump Technology Challenge , hosted by the U.S.

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Can Targeted Tax Credits Bring Clean Energy to Coal Country?

Energy Institute at HAAS

The Bidenomics of place-based climate policy. The Inflation Reduction Act (IRA) is a big climate deal. At the heart of this deal are billions of dollars in clean energy tax … Continue Reading Can Targeted Tax Credits Bring Clean Energy to Coal Country?

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Cut the Electricity Tax, not the Gas Tax

Energy Institute at HAAS

A more effective way to help struggling families, without undermining climate goals. You may have heard the growing talk in Washington DC and state capitals of temporarily suspending federal and … Continue Reading Cut the Electricity Tax, not the Gas Tax.

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