Natural-Gas Vehicles To Get Electric-Car Tax Credit In Transportation Bill?

Green Car Reports

Congress passed an interim funding bill last week, to keep transportation funding. Green NGV congress incentives natural gas natural gas vehicle transportation policyAs another Congressional session winds down, the two houses are working to pass a long-overdue transportation funding bill. And the natural-gas industry hopes certain provisions in the House's long-term transportation bill will survive the reconciliation process.

VW: $50 Million In Tax Credits, Wanted Electric-Car Credits For Diesels Too

Green Car Reports

Buyers of various Volkswagen TDI diesel vehicles took about $50 million in Federal income-tax credits in 2009 for the purchase of their supposedly green car. With Michael Horn, CEO of VW Group of America, testifying to Congress today, those credits--and whether the Federal government should be reimbursed for them, and by whom--are likely to. emissions EPA TDI incentives CAFE tax credit regulation Corporate Average Fuel Economy

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Obama Budget Boosts Funding For More Efficient Cars, Hikes Electric-Car Tax Credit

Green Car Reports

In his 2014 budget proposal to Congress on Wednesday, Obama proposes $575 million extra for research, and a further $2 billion trust fund to help research into getting off foreign oil in the next ten

Reminder: Tax Credit For Electric-Car Charging Station Is Back

Green Car Reports

As part of the recent fiscal cliff deal passed by Congress, many green energy programs saw renewed focus and deadline extensions, allowing people to benefit from them for a little longer. Included in these programs is the Alternative Fuel Vehicle Refueling Property credit. This allows eligible people to claim up to $1,000 in tax credits for the

Help Plug In America renew the EV infrastructure tax credit

Plugs and Cars

From Plug In America: Last year, Plug In America, along with electric vehicle and EV infrastructure manufacturers from coast to coast, worked with members of the House and Senate to get a critical plug-in vehicle infrastructure tax credit into the stimulus bill. These EV tax credits of 50% up to $2,000 for individuals, and 50% up to $50,000 for businesses have led to the beginning of early deployment of EV charging infrastructure all across the United States.

Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

Green Car Congress

Volkswagen of America will invest $10 million by 2016 to support the build-out of electric vehicle charging infrastructure in the US, said Jörg Sommer, vice president, product marketing and strategy. At the same time, Sommer said in his presentation at the 2015 Electric Drive Congress in Washington DC, continued legislative support is needed to reach the next level of electric vehicle adoption. Electric (Battery) Infrastructure Policy

Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US. It also would repeal a number of current tax incentives, including those for plug-in electric vehicles and fuel cell vehicles. Specific proposals include: Clean electricity tax credit.

Obama blueprint for a US economy “built to last” includes “all-of-the-above” energy strategy; call for 80% of US electricity from clean sources by 2035

Green Car Congress

The President called on Congress to build on the positioning of America to be the world’s leading manufacturer in high-tech batteries and reiterated his call for action on clean energy tax credits and a national goal of moving toward. clean sources of electricity by setting a standard for utility companies, so that by 2035, 80% of the.

Partner Update and Announcement

Plug In Partners

Unfortunately, consumer tax incentives for the purchase of plug in hybrids were not included. Ø In 2008, the House of Representatives will try once again to pass a renewable energy and energy efficiency tax credits bill that will include a tax credit for Plug in Hybrids.

Cash for Volts?

Revenge of the Electric Car

A coalition of car makers, battery suppliers and electricity providers has come together to ask for federal help for EVs. More details at: Group Seeks US Tax Credits To Spur Electric Car Use. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. UPDATE:Group Seeks US Tax Credits To Spur Electric Car Use.

Hatch Hopes to Drive Plug-In

Plug In Partners

Hatch (R-Utah) extolled the virtues of plug-in hybrid technology, which promises electric-gas cars powered via standard wall sockets, in a speech to the National Press Club today.

Google Ogles Plug Ins

Plug In Partners

But unlike most charities, this one will be for-profit , allowing it to fund start-up companies, form partnerships with venture capitalists and even lobby Congress. It will also pay taxes. H ere is a big development for PHEVs.

Everybody Happy: Bush to Sign Do-little Energy Bill

Plugs and Cars

The reality, however, is no removal of tax breaks for Big Oil; no 15% renewables standard for utilities; no plug-in hybrid incentives. Resch, president of the Solar Energy Industries Association, which sought an extension of the investment tax credit that expires at the end of next year. Once a few plug-in hybrids and electric cars hit the market, and they will long before 2020, the relevance of these standards will disappear in the rearview mirror of reality.

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

Green Car Congress

The bill prohibits covered entities from emitting or having attributable greenhouse gases in excess of their allowable emissions level, which is determined by the number of emission allowances and offset credits they hold on the specified date. The bill provides assistance to those Americans who may be disproportionately affected by potential increases in energy prices through tax cuts and an energy refund program. Senators John Kerry (D-Mass.),

National Academies issues interim report on overcoming barriers to PEV deployment

Green Car Congress

The National Academies has issued a pre-publication version of an interim report on Overcoming Barriers to Electric-Vehicle Deployment. As a result, the National Research Council (NRC)—a part of the National Academies—appointed the Committee on Overcoming Barriers to Electric-Vehicle Deployment. The interim report considers PEV manufacturers, dealers and customers; the charging infrastructure; and the electric grid. The electric grid.

President’s Jobs Council recommends an “All-in” energy strategy; from fossil fuels and pipelines, to efficiency, renewables and vehicle electrification

Green Car Congress

Very broadly, the report lays out an agenda to “Invest in Our Future” through education and innovation, “Build on Our Strengths” in the critical sectors of energy and manufacturing, and “Play to Win” by making overdue tax and regulatory reforms to stay competitive. An all-in approach is imperative if we hope to reduce our reliance on foreign oil and create a more diverse electricity generation portfolio. Support efficiency measures in electricity and transportation.

Governor Pataki On Board

Plug In Partners

Plug-in hybrid vehicles can be plugged into the electric grid – such as a normal 120 volt household outlet - to boost mileage. The expansion of the State’s Empire Zones program to provide tax benefits to clean energy companies regardless of where they are located in New York State.

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705.