Congress, Financing, Grant and Tax Credit

Biofuel Companies and Trade Associations Push for Extension to Investment Tax Credits for Cellulosic Biofuels and The Inclusion of Algae Biofuels

Green Car Congress

MAY 19, 2010

A group of 35 biotechnology and biofuel companies and trade associations are urging the leaders of the House Ways and Means Committee to extend tax credits for cellulosic biofuels for four years, to allow algae biofuels to qualify for those tax credits, and to create an option for monetizing the tax credits as tax refunds.

Tax Credit

Tax Credit Tax Companies Financing

California to receive more than $236M to support transit agencies’ transition to zero-emission buses

Green Car Congress

AUGUST 12, 2022

announced that 17 local governments and transit agencies will receive more than $236 million in grants from the Department of Transportation (DOT) to aid the transition to zero-emission buses. billion in new funding for Buses and Bus Facilities formula and competitive grants over five years.

California

California Emissions Los Angeles Fresno

A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

MAY 31, 2012

Although the Company’s intent is to improve its operating efficiencies and to obtain additional financing, there is no assurance that the Company will be able to obtain such financing on favorable terms, if at all, or to successfully further reduce costs in such a way that would continue to allow the Company to operate its business.

Grant

Grant Tax Credit Michigan Massachusetts

FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

Green Car Congress

NOVEMBER 12, 2022

In accordance with FREYR’s ambitions to accelerate development of Giga America in parallel with the ongoing construction of Giga Arctic in Mo i Rana, Norway, the company is intensifying and broadening its financing efforts. The US energy storage market is expected to experience exponential growth over the next several years.

Georgia

Georgia Batteries Battery Tax Credit

Feature: Bridging the EV Affordability Gap

Clean Fleet Report

DECEMBER 27, 2021

Rebates & Tax Credits Don’t Help Most Americans. Even though there are generous EV tax credits, rebates from states and utilities, and other incentives that can save drivers $10,000 or more per EV, most people aren’t aware these programs even exist. Put all together, the customer saves up to $200 a month.

Affordable

Affordable Tax Credit Tax Climate

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

Green Car Congress

JULY 22, 2009

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). by Bill Cooke. M barrels/day of oil within the next 10 years ”. Billion vs. $28.3 Billion in 2008). Long-Term Optimism.

Financing

Financing Renewable Stimulus Package Energy

ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

DECEMBER 22, 2013

The study identified four specific changes to the US tax code that could help accelerate the commercialization of second-generation biofuels. While a Federal tax credit for the production of second-generation biofuels exists, its use has remained limited. —Miller et al.

Tax

Tax Tax Credit Industrial Industry

LG Chem to Build $ 303M Li-ion Plant in Holland, MI

Green Car Congress

MARCH 12, 2010

Scheduled for groundbreaking this summer, the 650,000 square-foot facility will be financed in part from a $151.4 million grant the company received from the US Department of Energy (DOE) as part of the Recovery Act Award for Electric Drive Vehicle Battery and Component Manufacturing Initiative. LG Chem Ltd.

Li-ion

Li-ion Tax Credit Building Michigan

US Senators Introduce Bill to Expand Incentives for Natural Gas Vehicles

Green Car Congress

JULY 12, 2009

US Senator Robert Menendez (D-NJ) last week introduced new legislation, co-sponsored by Senate Majority Leader Harry Reid (D-NV) and Senator Orrin Hatch (R-UT) that extends and increases tax credits for natural gas vehicle purchasing, refueling and manufacturing. Includes conversions and repowers.

Tax Credit

Tax Credit Gas Alternative Fuels Tax

UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

OCTOBER 12, 2014

For example, eligibility for all or a portion of the federal tax credit is based on the customer’s tax liability, a consideration that is typically unknowable until tax time. Much like the federal tax credit, California’s state rebate introduces multiple levels of uncertainty and risk into the retail transaction.

Davis

Davis Plug-in Plug Sale

Google Ogles Plug Ins

Plug In Partners

SEPTEMBER 14, 2006

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. Philanthropy Google’s Way: Not the Usual By KATIE HAFNER New York Times Published: September 14, 2006 SAN FRANCISCO, Sept.

Google

Google Plug-in Plug San Francisco

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

Green Car Congress

MAY 13, 2010

The bill increases incentives for clean technology manufacturing, by expanding the clean energy manufacturing tax credit by $5 billion, providing incentives for the production of advanced vehicles and component parts and funding investments in energy efficiency innovation. Investing in clean vehicles. The American Power Act.

Gas-Electric

Gas-Electric Climate Gas Energy

Opinion: A More Level Playing Field for Advanced Biofuels

Clean Fleet Report

SEPTEMBER 7, 2022

Congress has moved swiftly to pass this legislation–and rightfully so. Also included are tax credits for sustainable aviation fuel (SAF) producers, many of whom have already supported landmark flights powered by renewable, low-carbon advanced biofuels. But the IRA represents only a first step in the right direction.

Tax Credit

Tax Credit Fuel Alternative Tax Congress

US VP Biden outlines 3-part plan to have 1M advanced technology vehicles on US roads by 2015

Green Car Congress

JANUARY 26, 2011

The President is proposing to transform the existing $7,500 tax credit for electric vehicles into a rebate that will be available to all consumers immediately at the point of sale, similar to “Cash for Clunkers”. Infrastructure.

2015

2015 Cash For Clunkers Tax Credit Parts

The redesigned federal EV tax credit and other EV-related measures

Charged EVs

SEPTEMBER 22, 2022

The provision that’s gotten the most press is a redesign of the federal EV tax credit—that’s only natural, because it’s the policy that’s most likely to directly affect the average consumer, and because politicians love to talk about tax breaks. Credit where credit is due.

Tax Credit

Tax Credit Tax North America Clean

EV Driven

Biofuel Companies and Trade Associations Push for Extension to Investment Tax Credits for Cellulosic Biofuels and The Inclusion of Algae Biofuels

California to receive more than $236M to support transit agencies’ transition to zero-emission buses

A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

Feature: Bridging the EV Affordability Gap

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

ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

LG Chem to Build $ 303M Li-ion Plant in Holland, MI

US Senators Introduce Bill to Expand Incentives for Natural Gas Vehicles

UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Google Ogles Plug Ins

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

Opinion: A More Level Playing Field for Advanced Biofuels

US VP Biden outlines 3-part plan to have 1M advanced technology vehicles on US roads by 2015

The redesigned federal EV tax credit and other EV-related measures

Stay Connected