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

Green Car Congress

President Obama announced the award of $2.3 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.

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President Obama announces $1B National Community Deployment Challenge to spur deployment of alternative-fuel vehicles; new purchasing incentives; new EV Everywhere research grand challenge

Green Car Congress

US President Barack Obama announced a new $1-billion National Community Deployment Challenge to spur deployment of advanced alternative fuel vehicles in communities around the country. Tax credits.

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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.

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Obama gives $2.4bn Jump Start To Battery Makers

Revenge of the Electric Car

President Obama is making good on his promise to spearhead the EV revolution. It’s all part of the Obama administration’s plan get to 1 million plug in hybrids on the road by 2015. Obama At A Town Hall Meeting in Los Angeles, California - March 19, 2009. Tags: EV Economics Obama Energy. The new $2.4-billion

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Obama blueprint for a US economy “built to last” includes “all-of-the-above” energy strategy; call for 80% of US electricity from clean sources by 2035

Green Car Congress

President Obama used his last State-of-the-Union (SOTU) address of his term to outline four main elements of a blueprint for an “ economy that’s built to last: an economy built on American manufacturing, American energy, skills for American workers, and a renewal of American values. ”. —President Obama.

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Obama Seeking Rebates Instead Of Tax Credits For Electric Car Buyers

All Cars Electric

Currently, buyers of electric cars receive a $7,500 tax credit that they can only realize once they file their taxes, often up to a year after they actually make their purchase.

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Researchers call for major change in US policies supporting plug-ins; failure of “mainstream consumer bias”

Green Car Congress

of vehicle sales), far below levels required to meet the Obama administration’s goal of one million PEVs on the road by 2015. Vehicle tax credits or rebates. Despite extensive government programs and incentives, PEV sales in the US reached only ~53,000 in 2012 (0.3% —Green et al.

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