article thumbnail

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

Green Car Congress

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.

article thumbnail

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

Strong income tax credits for the purchase of new diesel, hybrid, and plug-in hybrid vehicles are very expensive and essentially ineffective at reducing GHG emissions from transportation. Purchase tax credits are an expensive way to reduce oil consumption and GHG emissions from transportation. —Morrow et al.

article thumbnail

Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

Most Australians now agree our climate is changing, this is caused by carbon pollution, this has harmful effects on our environment and on the economy—and the Government should act. However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise.

article thumbnail

Top 15 Nissan LEAF markets in US in 2013

Green Car Congress

Georgia has a tax credit worth up to $5,000 for zero-emissions vehicles. The island environment also makes it easier to strategically place charging points so that EV drivers have easy access to reach key destinations. area, Maryland offers a $1,000 EV tax credit. Oregon has a Chief EV Officer to promote EV use.

2013 334
article thumbnail

Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

They're definitely overall a good impact for our customers and for the environment, but it's moving too fast," said Michael Lucki, general manager of Riverhead Mazda in New York. "It About half of all dealerships also said they never bothered to register with the IRS to more easily facilitate EV tax credit exchanges.

Dealers 105
article thumbnail

Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

This past week was certainly quite a whirlwind of EV news and developments from Volvo’s plans to end production of ICE vehicles by 2030, yet another proposal to reform the federal EV tax credit, chip shortages, Washington state’s plans to ban ICE vehicles by 2030, Lucid Air delay, Fisker to partner with Foxconn, and much, much more.

Volvo 95
article thumbnail

How EV Charging Boosts Value at Commercial Real Estate

Blink Charging

Future-proofing your property with commercial EV charging stations and make-ready infrastructure can help your business stay ahead of the regulations and display corporate sustainability leadership. Customers are increasingly seeking out environmentally friendly companies. Is your property within 1 mile of the highway?