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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 In order to incentivize innovation and greater reductions in greenhouse gas emissions, the legislation provides an additional credit of $0.01/gallon As an example, SAF that reduces emissions by 70% would receive a credit of $1.70/gallon.

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US Government announces $4bn in tax credits to build clean energy supply chain

Innovation News Network

The US Government has announced $4bn in tax credits for over 100 projects across 35 states to accelerate a domestic clean energy supply chain. The post US Government announces $4bn in tax credits to build clean energy supply chain appeared first on Innovation News Network.

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EV tax credit expansion: Automakers ask Congress to revive effort

Green Car Reports

Although an attempted expansion of the federal EV tax credit has failed—multiple times, in recent years—in a renewed effort, automakers are asking Congress to please try again.

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Ford Wants U.S. Government To Be Lenient With EV Tax Credit Requirements

CleanTechnica EVs

to be a bit loose in determining whether EVs comply with new EV tax credit requirements. By mining rare-earth minerals, we are then able to obtain the rare-earth elements needed for renewable energy, mobile devices, and […]. Ford wants the U.S. Read on for what’s going on here.

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Panasonic on Tesla 4680, EV tax credit, electric vans from Mini and VW: Today’s Car News

Green Car Reports

We follow another round of twists and turns toward a renewed EV tax credit. Will Mini build a rival to the Volkswagen electric Bus? And Panasonic is pushing toward mass-production of Tesla’s 4680 format. This and more, here at Green Car Reports.

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Biofuel and Ag organizations call for accountable life cycle analysis for SAF tax credits, DOE to lead

Green Car Congress

In an effort to decarbonize transportation and reduce aviation emissions, Congress is considering new legislation to establish a tax credit to promote and develop robust domestic SAF production. We urge you to make the US Department of Energy (DOE) the lead agency in establishing a regularly updated LCA for any SAF credit.

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EIA: US renewable diesel capacity could more than double through 2025

Green Car Congress

US production capacity for renewable diesel could more than double from current levels by the end of 2025, based on several announcements for projects that are either under construction or could start development soon, according to the US Energy Information Administration (EIA). billion gallons per year (gal/y), at the end of 2022.

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