Green Car Congress

MARCH 8, 2010

It also finds that, while relying on subsidies for electric or hybrid vehicles is politically attractive, it is an extremely expensive and ineffective way to significantly reduce greenhouse gas emissions in the near term. Purchase tax credits are an expensive way to reduce oil consumption and GHG emissions from transportation.

Tax Credit 220

Tax Credit Tax Emissions Fuel 220

Green Car Congress

SEPTEMBER 18, 2009

US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. Of the fossil fuel subsidies, $70.2

Renewable 338

Renewable Tax Credit Climate Change Fuel 338

Green Car Congress

JUNE 19, 2010

million (approximately €46 million), which is granted by the Michigan Economic Development Corporation, as well as other state and local tax credits and abatements. Following a call for bids and a series of public hearings, DTNA was authorized to receive a subsidy for its investment project in Redford. Tags: Brief.

Detroit 170

Detroit Diesel Engine North America 170

Green Car Congress

NOVEMBER 2, 2009

In addition to the DOE grants, this investment has been selected to benefit from additional subsidies and tax credits from both the City of Jacksonville and the State of Florida totalling up to $20.8 In addition, this investment has been selected to benefit from subsidies and tax grants from the State of Michigan of up to $148.5

Li-ion 170

Li-ion Jacksonville Tax Credit Florida 170

Green Car Congress

AUGUST 7, 2009

The first character of the scenario represents the price of gasoline at simulation termination, the second represents “yes” or “no” on a manufacturer subsidy, and the third represents “yes” or “no”on a sales tax exemption. Tags: Hybrids Plug-ins Policy. Fleet penetration of PHEV by 2020 in different scenarios. Click to enlarge.

PHEV 186

PHEV Fleet 2020 Tax Credit 186

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). Section 1603 Grant in Lieu of Investment Tax Credit (ITC) or Production Tax Credit (PTC). by Bill Cooke.

Financing 150

Financing Renewable Stimulus Package Energy 150

Green Car Congress

MAY 27, 2009

Second, a Congressional Budget Office study issued in April said even with subsidies ethanol is only profitable when a gallon of gasoline costs 70% or more than a bushel of corn, i.e, Tags: Ethanol. gasoline would need to be greater than $2.80/gallon gallon with corn at $4/bushel. We firmly believe a rising tide lifts all boats.

Production 170

Production Ohio Waste Financing 170