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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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Senators introduce bill to expand E15 sales, ban Russian petroleum products

Green Car Congress

A bipartisan group of senators led by Senators Joni Ernst (R-Iowa) and Amy Klobuchar (D-Minn.) Senators Chuck Grassley (R-Iowa), Tammy Duckworth (D-Ill.), introduced the Home Front Energy Independence Act. Tammy Baldwin (D-Wis.), Roger Marshall (R-Kan.), and Deb Fischer (R-Neb.) also cosponsored the legislation.

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Grassley-Conrad bill would extend ethanol tax credits through 2016

Green Car Congress

US Senators Chuck Grassley (R-Iowa) and Kent Conrad (D-North Dakota) introduced a bill—the Domestic Energy Promotion Act of 2011— that would extend, through 2016, at descending levels, the volumetric ethanol excise tax credit, or VEETC, which is also known as the blenders’ credit.

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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. This would match the capacity at the company’s other Iowa biorefineries in Mason City and Newton. Iowa Senate File 2309, which was signed into law last year by Gov.

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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

Strong income tax credits for the purchase of new diesel, hybrid, and plug-in hybrid vehicles are very expensive and essentially ineffective at reducing GHG emissions from transportation. Purchase tax credits are an expensive way to reduce oil consumption and GHG emissions from transportation. —Morrow et al.

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REE’s P7-C becomes first ‘x-by-wire’ EV certified in US, may qualify for up to $100k in incentives

Baua Electric

REE completes first deliveries of P7-C EV This morning, the EV startup shared that demonstration models of its P7-C chassis cab, equipped with REE’s proprietary REEcorner and x-by-wire technology, have begun making their way to its authorized dealer network, starting with Pritchard EV in Iowa.

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Flash Drive: 2023 Hyundai Ioniq 6 EV

Clean Fleet Report

Observations: 2023 Hyundai Ioniq 6 A new premium contender If a car company ever wanted to buck a trend, Hyundai has done it by introducing an all-new sedan in a SUVworld. To make it even more noteworthy, the Ioniq 6 is an all-electric sedan that has the performance and driving range to match much more expensive sedan EVs.

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