Baua Electric
JANUARY 25, 2024
Photo: Ocean Wind 1 Ørsted dealt New Jersey a massive blow by canceling 2.2 GW of new projects to its pipeline. New Jersey was expected to announce another offshore wind solicitation at the beginning of 2024, and it’s delivered. gigawatts (GW) of offshore wind last year, but the state just added 3.7
EV Life
MAY 5, 2023
You should consult your own tax, legal and accounting advisors before engaging in any transaction. Federal EV Tax Credit To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car.
Green Car Congress
OCTOBER 16, 2013
billion liters) set under the Renewable Fuels Standard (RFS) for this year, according to the latest Downstream Regulatory Quarterly Outlook from research and consulting firm GlobalData. This growth is driven in large part by a $1-per-gallon production tax credit extended through the end of 2013 by the US Congress.
Green Car Congress
SEPTEMBER 19, 2013
Dreher, Acting Assistant Attorney General for the Justice Department’s Environment and Natural Resources Division, announced the return of two indictments against six individuals and three companies for offenses involving federal renewable fuel programs, allegedly creating losses to victims totaling more than $100 million.
Green Car Congress
OCTOBER 27, 2016
The answer is to move to passenger vehicles that run on clean, renewable energy, and the Zero Emission Vehicle program that has been adopted by 10 states is key. In addition to California, the ZEV states are Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont. New York: $7.9
Driivz
JULY 2, 2023
Massachusetts, New Jersey, New York, Oregon, Washington, and Vermont are adopting the same rules. On the plus side, the federal Inflation Reduction Act includes a tax credit of 30% of a commercial electric vehicle’s purchase price up to $40,000, and a few states offer incentives as well. With approval from the U.S.
Green Car Congress
AUGUST 26, 2009
The vehicles and infrastructure being funded include the use of natural and renewable gas, propane, ethanol, biodiesel, electricity, and hybrid technologies. The project will result in expanded availability of alternative fuels with 17 new CNG and E85 fueling stations and 63 electric vehicle charging stations.
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