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Pyka awarded $7M California tax credit to expand manufacturing of zero-emission autonomous aircraft

Green Car Congress

Pyka, a developer of autonomous electric aviation technology, was awarded a $7-million California Competes Tax Credit with the California Governor’s Office of Business and Economic Development (GO-Biz), approved last week by the California Competes Tax Credit Committee.

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ICCT study urges taxing frequent fliers to decarbonize aviation fairly

Green Car Congress

A tax on frequent flying could generate revenues needed to deeply decarbonize aviation through midcentury while concentrating the cost burden on those who fly the most, according to a new study from the International Council on Clean Transportation. The FFL is designed to place an escalating tax burden on people who fly frequently.

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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

All regions of the world do not—and will not—experience the effects of CO 2 emissions in the same way. They find that while the distribution of carbon reduction pledges in the Paris Agreement is roughly in line with the LSCC, the pledges have only a very small impact on reducing emissions and limiting warming.

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CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

Green Car Congress

Researchers at Carnegie Mellon’s College of Engineering have found that with an emissions-based incentive towards electrification, ridesourcing companies such as Uber and Lyft would electrify more and cut their emissions by amounts ranging from 10% in New York to 22% in Los Angeles. —Bruchon et al. Source: Bruchon et al.

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US COVID-19 mitigation efforts resulting in significant decline in traffic, emissions and fuel-tax revenues

Green Car Congress

The authors used the VMT data to calculate that emissions of US greenhouse gas (GHG) emissions were reduced by 4% in total and by 13% from transportation in the almost 8 weeks since many stay-at-home orders went into effect. Fuel saved, tax revenue lost. It also resulted in fuel-tax revenue reductions, which vary by state.

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Germany wants tax breaks for synthetic fuels, doubts EVs will win zero emissions race

The Driven EV News

Germany says race for drive train of the future is wide open, and it wants tax breaks for synthetic fuels for internal combustion engine cars. The post Germany wants tax breaks for synthetic fuels, doubts EVs will win zero emissions race appeared first on The Driven.

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T&E: Rising use of private jets sends CO2 emissions soaring

Green Car Congress

CO 2 emissions from private jets in Europe increased by nearly a third (31%) between 2005 and 2019, rising faster than commercial aviation emissions, according to a new report from environmental campaign group Transport & Environment (T&E). The report, Private jets: can the super-rich supercharge zero emission aviation?

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