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IRS seeks feedback on clean hydrogen production tax credit

Green Car Congress

The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several tax credit provisions in the Inflation Reduction Act (IRA). Credit for Qualified Commercial Clean Vehicles and Alternative Fuel Vehicle Refueling Property Credit (45W and 30C) ( Notice 2022-56 ).

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Tesla Model 3 Highland leases qualify for IRA tax credit loophole

Teslarati

Tesla Model 3 Highland leases are more affordable thanks to a loophole in the Inflation Reduction Act about commercial vehicles. Tesla calculated that Model 3 Highland lease payments would be $329 monthly, excluding taxes and fees. The IRA’s assembly and battery requirements do not apply to commercial vehicles.

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How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV.

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How to Get the Federal Clean Vehicle Tax Credit This Year

Blink Charging

The United States federal government has made it even easier to buy a new or used electric vehicle (EV). The latest Clean Vehicle Tax Credits can be applied to the purchase of a new or used EV at the point of sale as of January 1, 2024.

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Alder Fuels and Enviva partner to scale and commercialize sustainable aviation fuel supply chains

Green Car Congress

The agreement makes Enviva an exclusive supplier of up to 750,000 metric tons per year of sustainably sourced woody biomass to Alder’s first Alder Greencrude (AGC) production facility, soon to be under construction in the southeastern United States. The size of the market for our product is equal to the petroleum market it replaces.

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GM expects Chevrolet Silverado EV to get full $7,500 tax credit

Teslarati

General Motors (GM) expects the Chevrolet Silverado EV to get the Inflation Reduction Act’s (IRA) full $7,500 tax credit. Fleet customers including for BrightDrop and the Chevrolet Silverado EV will benefit from the $7,500 commercial incentive,” stated General Motors. The Ultium line will likely adhere to the U.S.

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Air Products and AES plan to invest ~$4B for mega-scale green hydrogen production facility in Texas; 200 metric tons per day

Green Car Congress

gigawatts (GW) of wind and solar power generation, along with electrolyzer capacity capable of producing more than 200 metric tons per day (MT/D) of green hydrogen, making it the largest green hydrogen facility in the United States. This mega-scale renewable power to hydrogen project includes approximately 1.4

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