Remove Financing Remove Fuel Tax Remove Industrial Remove Renewable
article thumbnail

Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

Green Car Congress

The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) per year over a 10-year period. Investment in energy efficiency and sustainable energy.

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

However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. A carbon price will be applied to domestic aviation, domestic shipping, rail transport, and non-transport use of fuels. Increasing the tax-free threshold and cutting taxes also boosts incentives to work.

article thumbnail

UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

Green Car Congress

In spring the Chancellor presents the annual Budget statement, which includes a detailed assessment of the state of the economy and the nation’s finances. In his statement, the Chancellor may announce changes to taxes and new spending measures. Tags: Climate Change Electric (Battery) Emissions Europe Fuels Policy.

Tax 186
article thumbnail

Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

The plan also calls for accelerating the permitting for renewable power generation on public lands and upgrading the grid. The Better Buildings Challenge targets helping American commercial and industrial buildings becoming at least 20% more energy efficient by 2020. Climate Change Emissions Fuel Efficiency Fuels Heavy-duty Policy'

Obama 249
article thumbnail

CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

The report of the task force, which was convened in 2011, brought together the views of a diverse group of stakeholders, including the car and oil industries, business associations, international organizations, EU member states and NGOs.

Emissions 210
article thumbnail

Opinion: A More Level Playing Field for Advanced Biofuels

Clean Fleet Report

The IRA is a vote of confidence and real investment from our federal government that will have a positive ripple effect throughout the advanced biofuels industry. These provisions will ultimately strengthen the industries producing low carbon fuel alternatives and position the U.S. New technologies need more.

article thumbnail

Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

Senate Finance Committee Chairman Max Baucus (D-Mont.) introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US.

Tax 281