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US DOE releases national clean hydrogen strategy and roadmap

Green Car Congress

The document explores opportunities for clean hydrogen to contribute to national decarbonization goals across multiple sectors of the economy. The US Department of Energy (DOE) released the US National Clean Hydrogen Strategy and Roadmap , a framework for accelerating the production, processing, delivery, storage, and use of clean hydrogen.

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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.

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Tesla Giga Mexico gets $153M incentive from Nuevo León

Teslarati

The incentives also include a reduction in payroll tax reaching 2,627 million pesos, equivalent to 3.37% of Tesla’s investment—not including its employees. Tesla marks a before and after in the economic development of the State,” said Iván Rivas, State Secretary of Economy. “For billion for its first phase alone.

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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

Economy-wide CO 2 prices of $30-60/t CO 2 are too weak on their own to motivate significant reductions in CO 2 emissions from transportation. The economy-wide CO 2 prices applied increase the cost of driving only marginally with respect to the business-as-usual case. —Morrow et al. Adoption of all of the preceding policies.

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Kia goes full throttle on EVs despite demand concerns

Teslarati

Kia looks to secure US federal tax credit for EV9 in 2025 “Since the brand relaunch in 2021, Kia has undergone various changes across the business, including the establishment of a groundbreaking EV lineup and presenting a customer-centered mobility future. The company expects BEV and HEV sales to account for 24% of total sales.

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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.

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Volvo pricing the XC90 T8 Twin Engine PHEV for the US starting at $68,100

Green Car Congress

The US MSRP of Volvo Cars’ new XC90 T8 Twin Engine Plug-In Hybrid ( earlier post ) entry-level Momentum model is $68,100, not including any tax credit incentives or $995 destination charge. seconds, with fuel economy according to the US driving cycle of 59 MPGe. The T8 can achieve 394 hp and 0-60 mph in 5.7