article thumbnail

2010 Ford Fusion Hybrid Qualifies for $3,400 Tax Credit

Green Car Congress

Buyers of a new 2010 Fusion Hybrid or Mercury Milan Hybrid this year will qualify for a $3,400 tax credit. The 2009 Escape and Mariner Hybrid FWD models qualify for a $3,000 tax credit; 4WD models $1,950. The credit is only available to the original purchaser of a new, qualifying vehicle. Ford Hybrid Tax Credit Amounts.

article thumbnail

President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award

Green Car Congress

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. Aeroenvironment plans to purchase equipment for manufacturing 25 kWh LiTiO advanced battery packs and battery management systems. President Obama announced the award of $2.3 Aerovironment, Inc.

article thumbnail

Ford cuts Mustang Mach-E prices, increases range as it re-opens orders

Teslarati

” The Mustang Mach-E also qualifies for federal tax credits from the Inflation Reduction Act, but not the full $7,500. ” The Mustang Mach-E also qualifies for federal tax credits from the Inflation Reduction Act, but not the full $7,500. We continue to find ways to improve the value of the Mustang Mach-E.”

Ford 100
article thumbnail

Eaton Assisting Truck Fleet Owners in Applying For Government Diesel Hybrid Grants

Green Car Congress

Fleets are able to purchase multiple trucks. An existing diesel truck has to be taken out of service for each new hybrid truck that is purchased. Fleets and equipment eligible for the DERA funding include buses, medium or heavy duty trucks, marine engines and locomotives.

Eaton 150
article thumbnail

Report finds road transportation sector in Canada likely to fall far short of 2050 GHG emissions reduction target

Green Car Congress

For the past 20 years, consumers have shifted their purchasing decisions away from passenger cars toward passenger trucks (including minivans, crossovers, and sport utility vehicles). Considering lower carbon freight options such as rail and marine transport. —“A Long Hard Road”. —“A Long Hard Road”.

Canada 150
article thumbnail

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

While DoD and the services will have access to the wholesale fuel supplies they require, the purchase price may be uncomfortably high. Pending a major technical breakthrough, renewable jet and marine fuels will continue to be far more expensive than petroleum-based fuels, Bartis said. —Bartis 2012.

Price 225
article thumbnail

Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. A regulated entity may consider purchasing offsets if the offsets are less expensive than making direct, onsite emission reductions.