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

Green Car Congress

These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. The price of carbon should then be set at this price, everywhere. —Cruz & Rossi-Hansberg.

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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 is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

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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. The accessibility of EVs is still not ideal due to high prices and limited access to charging stations. Here are three nonprofits fueling the EV industry.

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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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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., Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., Over the last decade, the second-generation biofuels industry has struggled to reach commercialization.

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Six Mainstream Profit Models in the EV Charging Station Industry

Setec Powerr

The growth of the EV charging industry is both a result of and a key influence on the proliferation of electric vehicles. Therefore, accelerating the development of charging facilities like charging stations is a priority in the industry. This includes tax credits, grants, and rebates. This model is direct and widespread.

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Why Is The Shale Industry Still Not Profitable?

Green Car Congress

shale companies, and found that “despite rising prices most firms under our study are still in losses with no signs of improvement.” Shale companies often tout their rock-bottom breakeven prices, and they often use a narrowly defined metric that only includes the cost of drilling and production, leaving out all other costs.