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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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EIA projects US renewable diesel supply to surpass biodiesel in the near term but remain small part of larger diesel market

Green Car Congress

In its Annual Energy Outlook 2022 (AEO2022) Reference case, which reflects current laws and regulations, the US Energy Information Administration (EIA) projects that renewable diesel supply (domestic production and net imports) will exceed biodiesel supply in the near term.

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Why Electrifying the Supply Chain Is More Important Than Ever

Clean Fleet Report

Digging Deep To Help the Environment Electrification is a conversation common among consumers who feel a responsibility to reduce fossil fuel consumption and carbon emissions through car purchase choices. Supply chains making these progressive decisions will likely enjoy resilience and sustained profit margins.

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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. We need both a policy like a carbon tax and to put more R&D money into renewables.

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Danish team electrifies steam-methane reforming for greener approach to hydrogen production

Green Car Congress

However, this widely used method also has a significant CO 2 footprint; not only is the greenhouse gas produced as a byproduct of the reaction, fossil-fuel burning furnaces are used to supply the heat required to drive the reactions. Unlike conventional SMR, the electrified process supplies heat uniformly across the reactor.

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Why Fleet Owners Are Electrifying Their Vehicles This Year

Blink Charging

Thanks to new tax credits for EVs and EV charging stations as well as lower fuel and maintenance costs for EVs, fleet managers can now save money while setting an example for other organizations. Limited time to claim tax credits for EV fleets There are currently numerous incentives to purchase EVs and EV charging equipment.

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Dana sees robust Q2 earnings

Baua Electric

billion, a acquire attributed to raised marketplace call for, cost-recovery movements and conversion of the corporate’s gross sales backlog. Adjusted income ahead of hobby, taxes, depreciation and amortization rose $81 million to $243 million. Dana’s income rose 6 % to $2.75

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