Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Green Car Congress

After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit-approved customers.

2020 90

Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., a federal mileage fee—as a way to reform financing of the US transportation infrastructure.

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

Green Car Congress

Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Financing Project VGV: the Green Redemption Fund.

2013 140

Exxon/Mobil To Fund Solar Financing Bond For Torrance Homeowners

Creative Greenius

In a deal brokered by the city’s newly commissioned Citizens Environmental Task Force, Exxon/Mobil, owners of the Exxon/Mobil Refinery in the City of Torrance agreed today to fund a bond that will make low cost financing of solar energy systems for home and apartment owners.

Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

Green Car Congress

Changes in how transport is financed are essential if cities and nations are to deal effectively with the rapid growth in motor vehicle traffic and related environmental and health problems, including climate change, according to a new report by the Transport Research Laboratory released at Fifth Regional EST Forum in Asia by the Institute for Transportation and Development Policy (ITDP) and the Partnership for Sustainable Low Carbon Transport.

China exempts taxes on biodiesel

Green Cars News

In a major boost for the biofuel sector, China has decided to exempt taxes on pure biodiesel from waste animal fats and vegetable oils. Its new policy will actually be retroactive from January 1, 2009, with taxes that have already been paid to be refunded according to the Ministry of Finance and the State Administration [.]. Biofuels Green cars Latest news biodiesel biodiesel tax China vegetable oils waste animal fats

Tax 57

Tesla introduces financing product for Model S customers; lease-sale hybrid

Green Car Congress

Tesla Motors, in partnership with Wells Fargo and US Bank, has created an automotive financing product that combines elements of ownership and leasing for Model S customers. Essentially, said Tesla CEO Elon Musk in a conference call describing the product, the new approach allows one to buy a new Model S for no money down net of the tax credit and as low as about $500 net out of pocket cost per month, depending upon the model, specific state incentives, and personal parameters (e.g.,

2013 74

PGE and SunRun Create $100M Home Solar Financing Fund

Green Car Congress

a provider of home solar financing, announced a $100-million tax equity project financing agreement to fund SunRun’s installation of more than 3,500 new home solar installations across the nation. The investment, principally funded by PG&E Corporation shareholders through Pacific Energy Capital, creates the largest residential solar financing vehicle established to date.

California gives Tesla $34.735-million sales and use tax break, its second

Green Car Congress

The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) has given Tesla Motors a $34.735 million tax break from sales and use taxes on $415-million worth of new manufacturing equipment for its Fremont factory. CAEATFA’s charter is to provide a sales and use tax exclusion (STE) for advanced manufacturers and manufacturers of alternative source and advanced transportation products, components or systems.

2013 80

The Further Adventures of The Solangelist

Creative Greenius

The city and county gets the funding from a bond issue and we pay back the loans as an annual assessment on our property taxes. The County’s Treasure Tax Collector has already provided an assessment of the viability of the County implementing a program under AB 811.

2008 130

Study finds that linking increased transportation tax to environmental or other specific benefits increases Americans support for higher transportation taxes

Green Car Congress

A national phone survey by the Mineta Transportation Institute (MTI) found that a majority of Americans would support higher taxes for. Linking a transportation tax to environmental benefits can strongly increase support. support tax increases for transportation as they were in 2010.

2011 96

ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., Some of the ICCT recommendations are mirrored in the recently released Baucus draft proposal for tax reform ( earlier post ), notes Dr. Chris Malins of the ICCT, one of the study’s co-authors.

2013 115

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. It also would repeal a number of current tax incentives, including those for plug-in electric vehicles and fuel cell vehicles.

2013 93

China exempts consumption taxes on biodiesel retroactive to 1 Jan 2009

Green Car Congress

China has exempted consumption taxes on pure biodiesel made from waste animal fats or vegetable oils. 2009 and taxes already paid will be refunded, according to the Ministry of Finance (MOF) and the State Administration of Taxation. Xinhua. The new policy is effective from 1 Jan. The move is aimed at boosting the renewable resources sector, easing demand for petroleum and protecting the ecological environment, the announcement said.

2009 80

MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). If policymakers had made their decision based on the broader costs to the economy, they would have gone with the option that was least expensive—and that’s the gasoline tax.

2013 96

Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. Boston-Power, Inc., a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China.

Mn/DOT assessing potential for mileage-based user fee to replace fuel tax; Battelle conducting technology assessment

Green Car Congress

The Minnesota Department of Transportation (Mn/DOT) will recruit 500 people from Wright and Hennepin counties to take part in research to test technology that could someday be used to collect a mileage-based user fee (MBUF) in lieu of a gasoline tax. Minnesota’s highway revenues are derived from three sources: the gas tax, vehicle registration fee or tabs and the motor vehicle sales tax.

2011 88

CBO report finds new CAFE standards would reduce gasoline tax by 21% in 2040; $57B drop to Highway Trust Fund from 2012-2022

Green Car Congress

In a new report, the Congressional Budget Office (CBO) finds that the fuel economy standards proposed for model years 2017 through 2025 would eventually reduce revenues from the gasoline tax by 21% in 2040. The 21% reduction in revenues would lower receipts credited to the Highway Trust Fund—the mechanism used to finance the federal government’s surface transportation programs. gasoline tax revenues, however, would not occur for.

2012 78

Fuel efficient cars driving fall in tax revenue

Green Cars News

Future governments will need to find a way to fill the hole in public finances caused by a relentless decline in the amount of revenue collected from fuel duty and VED, despite rising traffic levels. According to a new study from the Institute of Fiscal Studies (IFS), falling revenue will be caused by the rising [.]. Green credentials fuel duty motoring costs RAC Foundation VED

Massachusetts Governor Proposes $0.19 Increase in State Fuel Tax to Support Transportation Projects

Green Car Congress

As part of a comprehensive reform plan to simplify the Commonwealth of Massachusetts’ transportation system, Governor Deval Patrick is proposing a fuel tax increase of $0.19 The increased fuel tax is intended to be in lieu of an increase in tolls. With Federal fuel taxes included, the tax on gasoline in the state would be $0.609 per gallon, and the tax on diesel would be $0.669 per gallon.

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. Stephanie Herseth Sandlin (D-SD) that she has not yet introduced—would also create investment tax credits for advanced biofuels.

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 the Pre-Budget Report (PBR) released on 9 December, UK Chancellor Alistair Darling announced that all electric cars will be exempt from Company Car Tax (CCT) for 5 years and electric vans will be exempt from Van Benefit Charge (VBC) for the same period. A 100% first year tax allowance will also be provided for the purchase of electric vans subject to State Aid clearance. In his statement, the Chancellor may announce changes to taxes and new spending measures.

2009 68

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. More than 50% of the funds raised from the carbon price will be used to fund tax cuts, pension increases and higher family payments. Some of the collected tax money will fund investments in clean technologies such as solar, wind and geothermal—an estimated A$100-billion worth of investment in renewable over the next 40 years, Gillard said.

A Brief Look at Today's Plug-in Hybrid and Electric Vehicles and the Companies That Are Revolutionizing an Old Industry - Yahoo! Finance

Tony Karrer Delicious EVdriven

News & Opinion Markets Investing Ideas Expert Advice Special Editions Company Finances Providers Personal Finance Banking & Budgeting Career & Work College & Education Family & Home Insurance Loans Real Estate Retirement Taxes My Portfolios New Portfolio MarketTracker Tech Ticker (new) Search for share prices Get Quotes Finance Search Tue, Apr 21, 2009, 10:17AM ET - U.S. Finance Discover free information about finance.

2009 28

2018 Honda Clarity Electric hits dealerships in California and Oregon with $199 lease deal

Green Car Reports

That figure reflects the $7,500 federal tax credit, which Honda finance will keep as part of the capitalized cost reduction of the lease. The 2018 Honda Clarity Electric car rolled into California and Oregon dealerships this week, but nobody can buy it. It's only available for lease for $199 a month for 36 months with $1,499 due at signing. CHECK. California lease price new cars Oregon

2018 63

Electric Car: Lease Or Buy?

Green Car Reports

Each financing option has its pros and cons, so we''ve outlined the reasons you might opt for each alternative. LEASING The Federal income-tax credit of $2,500 to $7,500 is You''re considering a plug-in electric car. Should you lease or buy? It''s a question that all new-car shoppers face--but for electric cars, there are some special considerations.

2013 87

Why You Shouldn’t Give A Shit About the Federal Budget Deficit

Creative Greenius

Republicans themselves created these huge deficits, which started after their huge tax cuts for gazillionaires in the 80′s, and they never went away. They figured the tax cuts would force government to cut spending.

2011 217

Tesla launches business leasing program

Green Car Congress

The Tesla business lease is available through Tesla Finance, a new subsidiary set up especially to offer this new product to business customers. As an example, according to the configurator on Tesla’s site, the monthly lease payment for an 85 kWh model (cash price $79,900) would run $1,199; factoring in gasoline savings (-$261 per month) and the business tax benefit (-$395 per month) brings that to a net $543 per month. Tesla Model S financing options. Finance.

2014 92

Stanford Energy Modeling Forum project confirms carbon pricing can be effective way to curb GHG emissions

Green Car Congress

This study gathered together 11 modeling teams to run a common set of carbon tax scenarios, in order to explore how environmental and economic outcomes depend on the initial carbon tax rates, the rate at which the tax escalates, and how the government uses the revenue collected by the carbon tax. Of course, a primary reason for implementing a carbon or GHG tax is to reduce emissions, but the revenue can serve other goals. Carbon Tax Scenarios” Clim.

2018 74

Lease A Green Vehicle, Get Rebate Yourself--In CO, Anyway

Green Car Reports

A bill signed in Colorado will now allow lessees to claim any tax credits for hybrid cars and electric vehicles, rather than the lessor. Previously, the state had allowed banks or finance companies to choose whether claim the credits themselves on lease vehicles, or to pass the credits on to the lessee. Predictably, this resulted in plenty of

Google Ogles Plug Ins

Plug In Partners

It will also pay taxes. It could, for example, form a company to sell the converted cars , finance that company in partnership with venture capitalists, and even hire a lobbyist to pressure Congress to pass legislation granting a tax credit to consumers who buy the cars.

2006 130

Average price of new light vehicles in US hit high in 2016; driven up by trucks; cars moving in opposite direction

Green Car Congress

Prices are collected for the base price, destination charge, options, dealer preparation charges and applicable taxes and are adjusted for markups, dealer concession or discounts, and consumer rebates. Finance charges or finance incentives are excluded.

2017 83

Garage Lessons: Charging in The Real World

Plugs and Cars

In Norway tax policy has resulted in the the world''s quickest uptake of EVs. Clever financing, electric public transport, and "interoperability" are important issues and a lot is gained from cross-national conversations.

2013 141

2020 Keeling Curve Prize application period open; transportation and mobility category

Green Car Congress

of Microsoft; George Polk of Tulum Trust; and Jonathan Silver of Tax Equity Advisors, LLC. The application period has opened for the 2020 Keeling Curve Prize, which awards $25,000 to each of 10 projects designed to reduce greenhouse gas emissions or increase their uptake. Each year, this prestigious competition attracts entries from around the world.

2019 68

Easy as A123

Plug In Partners

snip At an initial 40 mile module installed price of $10,000 supported with a $3500 tax credit , the payback period for a fleet owner with $3.00/gallon gas is 2.5

2007 130

Cash for Volts?

Revenge of the Electric Car

More details at: Group Seeks US Tax Credits To Spur Electric Car Use. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. UPDATE:Group Seeks US Tax Credits To Spur Electric Car Use. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018.

Volt 100

REGI secures up to $20M for biodiesel plant capacity expansion

Green Car Congress

has secured financing of up to $20 million from First Midwest Bank for the $24-million capacity-expansion project at the company’s Ralston, Iowa biodiesel refinery. Terry Branstad at REG’s Newton biorefinery, extends the existing 2 cents per gallon biodiesel production tax credit for seven years beginning 1 Januar 2018. First Midwest Bank has also been involved in financing for REG Newton. Renewable Energy Group, Inc.

2017 60

Qualcomm to acquire NXP for ~$38B; semiconductor engine for connecred world

Green Car Congress

The transaction utilizes Qualcomm’s strong balance sheet and will be efficiently financed with offshore cash and new debt. The transaction structure allows tax efficient use of offshore cash flow and enables Qualcomm to reduce leverage rapidly.

2016 113

Survey: Norwegian PHEVs drive electrically 55% of time, BEVs driven more in total and in everyday traffic

Green Car Congress

The report is part of the Emiroad (Emission from Road Transport vehicles) project financed by the Norwegian Public Roads Administration with a contribution from the BISEK (A research program on the social and economic impact of vehicles) research program. Vehicle purchase taxes are very high in Norway. The registration tax consists of taxes on vehicle weight, engine power, CO 2 -emissions and NO x -emissions.

2016 89

Why You Shouldn’t Give A Shit About the Federal Budget Deficit

Creative Greenius

It’s only made a difference to professional politicians who regularly wave the bloody shirt of deficits to try and scare the public and get them to spend less money on the poor, the sick, the disenfranchised and especially the environment while we simultaneously splurge like drunks in Vegas on phony wars, shameless subsidies for the dirty fossil fuel industries and tax breaks for rich people and big business. They figured the tax cuts would force government to cut spending.

2011 100

Power Companies Driving Drunk With Power – If Only PG&E and SCE Didn’t Hate Rooftop Solar So Much We Might Meet Our AB 32 Emission Reductions.

Creative Greenius

And because of that, applying for the state rebate is an uglier process than filing your income taxes. It’s great that Governor Schwarzenegger signed AB 510 on Monday. It lifts the current “cap&# on rooftop solar from the crappy 2.5% to a BFD level of 5%.

2010 170

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. The proposal was drafted as two measures, the Climate Protection Act —which sets the carbon price and finance programs for sustainable technologies—and the Sustainable Energy Act —which ends federal support for fossil fuel companies and research and extends tax incentives for renewables. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.)

2013 87

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) -

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars.

2009 58