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California BOE considers lowering gasoline excise tax rate for third year in a row

Green Car Congress

The California State Board of Equalization (BOE) will consider lowering the excise tax rate for gasoline by 2.2 If adopted, the excise tax rate on gas will be 27.8 The current excise tax rate of 30 cents per gallon remains in effect until 30 June 2016. cents per gallon from 1 July 2016 through 30 June 2017.

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Iowa Legislature passes biofuel bill; butanol blends, E-15 and biodiesel tax credits extended

Green Car Congress

Both houses of the Iowa Legislature have passed a bill ( SF2344 ) providing for biobutanol-blended gasoline; modifying the rate of the E-15 plus gasoline promotion tax credit; and extending provisions for a biodiesel production refund.

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CMU study finds small battery PHEVs and gasoline hybrids the least-cost policy solution to reducing gasoline consumption

Green Car Congress

The federal subsidy significantly favors larger battery packs to a stronger degree than their potential for additional gasoline savings. Non-domestic charging infrastructure is generally not necessary for operation of PHEVs, and substantial gasoline displacement can be achieved solely with home charging. Peterson and Michalek 2012.

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Final EV Tax Credit Details and More EV News

Electric Auto Association

Many Americans want to know if their next EV purchase qualifies for a full, half, or any tax credit. EV tax credit. Source: Electric Vehicle Association) Proposed EV Tax Credit Rule to be Finalized on April 18 On March 31, the Treasury Department gave guidance on battery material requirements for automakers.

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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

LDV energy consumption declines in AEO2014 Reference case from 16.0 quadrillion Btu in 2040 in the AEO2013 Reference case. The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. Source: EIA.

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SEAT pushes forward with CNG line-up

Green Car Congress

A CNG vehicle reduces CO 2 emissions by about 25% compared to a gasoline-driven equivalent. In normal driving scenarios, SEAT’s CNG vehicles only use gasoline as an alternative fuel when the CNG tanks are empty, although with significant gas ranges, the need to use gasoline should be infrequent.