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ICAO establishes 2050 net-zero CO2 emission goal for international aviation

Green Car Congress

The International Civil Aviation Organization (ICAO) has established a 2050 net-zero carbon dioxide emission goal for international aviation. —Dan Rutherford, Aviation Director of the International Council on Clean Transportation (ICCT). Countries will develop national measures to cut emissions consistent with ICAO’s goal.

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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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Lawmakers introduce bill to provide blender’s tax credit for Sustainable Aviation Fuel

Green Car Congress

The legislation would create a tax credit starting at $1.50 per gallon for blenders that supply sustainable aviation fuel with a demonstrated 50% or greater lifecycle estimate reduction in greenhouse gas emissions compared to standard jet fuel. The tax credit would expire at the end of 2031.

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Alfa Romeo starts production of its first plug-in hybrid; Tonale offers 30 miles electric range

Green Car Congress

The Tonale enters the premium compact CUV segment with standard all-wheel drive, more than 30 miles (48 km) of electric range and a starting US manufacturer's suggested retail price (MSRP) of $42,995. US customers who choose to lease their all-new Alfa Romeo Tonale can take advantage of a $7,500 federal EV tax credit.

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Lunaz to begin production of electric classic Range Rovers; prices begin at £245,000 excluding local taxes

Green Car Congress

Prices for classic electric Range Rovers by Lunaz start at £245,000 (US$329,000) excluding local taxes. These cars will be available in both standard and long wheelbase. The internal combustion engine and associated systems are then removed and the chassis is prepared for electrification.

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What Businesses Should Know about Changes to the 30C Tax Credit

EV Connect

Since 2018, the gold standard of federal tax credits for EV chargers has been U.S. Code 30C , more commonly known as the "Alternative Fuel Infrastructure Tax Credit" or the “30C Tax Credit.” That being said, for those eligible to receive the 30C tax credit, there is more money available than ever.

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EVs lend international automakers a 2nd probability in Bharat

Baua Electric

Bharat’s transition to electrical automobiles is giving automakers whose standard gas vehicles have did not form a mark a 2nd probability. Prime taxes, price-conscious shoppers and tough logistical problems have made it tricky for lots of international carmakers to thrive in certainly one of Asia’s greatest economies.