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Lawmakers introduce bill to provide blender’s tax credit for Sustainable Aviation Fuel

Green Car Congress

of global carbon emissions. The Sustainable Skies Act aims to cut aviation’s carbon emissions in half. The legislation would create a tax credit starting at $1.50 In order to incentivize innovation and greater reductions in greenhouse gas emissions, the legislation provides an additional credit of $0.01/gallon

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Colorado Electric Vehicle Tax Credit Rises to $5,000

EV Life

The bill puts forth several measures aimed at advancing decarbonization in the state, including tax credits for industrial facilities to implement emission-reducing improvements, new spending for geothermal energy projects and geothermal electricity generation, the construction of sustainable aviation fuel production facilities, and more.

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SAFE Report: electricity shortfalls impede IRA’s materials production goals

Green Car Congress

Aluminum, the report says, is caught in the middle of the clean energy transition—it is a crucial component enabling economy-wide decarbonization, but at the same time is one of the highest emitting industrial materials. The SAFE “ Legislative Analysis for the U.S.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). Hydrogen and recycling are likely to play a central role in reducing emissions from steel production.

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Nonprofits Fueling the EV Industry

Clean Fleet Report

The electric vehicle (EV) industry is about to have its most significant sales spike thanks to international legislation and nonprofits ramping up support efforts. Some may wonder about the necessity of nonprofit involvement in the EV industry since companies are already making these cars for commercial use. Electric for All.

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Government of Canada investing nearly $15M in new EV chargers across the GTA

Green Car Congress

In support of the government’s objective of adding 50,000 new zero-emission vehicle (ZEV) chargers to Canada’s network, Budget 2022 also provided an additional $900 million to Natural Resources Canada and the Canada Infrastructure Bank to continue deploying zero-emission vehicle infrastructure. Budget 2022 delivered an additional $1.7

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BNEF: global carbon capture capacity due to rise sixfold by 2030

Green Car Congress

By 2030, most capture capacity will be used for the power sector, for the manufacture of low-carbon hydrogen and ammonia, or to abate emissions from industrial sources. of global emissions. of today’s emissions. Legislators have recognized this mismatch and are ramping up their support for the industry.

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