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Senate Republicans Look Ready to Kill Clean Energy & EV Tax Credits — Shocker

CleanTechnica EVs

continued] The post Senate Republicans Look Ready to Kill Clean Energy & EV Tax Credits — Shocker appeared first on CleanTechnica. Therefore, even as we have learned more and more about the harms of.

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Senate version of “Fiscal Cliff” legislation includes 12 energy tax extenders; boost for algae

Green Car Congress

8) passed by the US Senate on New Year’s Day by a vote of 89 - 8 to avoid the across-the-board increase in taxes currently called for by the “fiscal cliff” are a number for energy tax benefits. Alternative fuels excise tax credits are extended to 31 December. Credits for energy-efficient appliances are extended into 2013.

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DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. million 48C Tax Credit, Delphi Automotive Systems plans to invest $35.3

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US Sen. Brown introduces legislation to extend advanced energy manufacturing tax credit

Green Car Congress

Sherrod Brown (D-OH), would extend the advanced energy manufacturing tax credit (48C credit). The program provides investment tax credits of 30% for facilities that manufacture energy equipment. The Security in Energy and Manufacturing (SEAM) Act, authored by US.

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Biofuel Companies and Trade Associations Push for Extension to Investment Tax Credits for Cellulosic Biofuels and The Inclusion of Algae Biofuels

Green Car Congress

A group of 35 biotechnology and biofuel companies and trade associations are urging the leaders of the House Ways and Means Committee to extend tax credits for cellulosic biofuels for four years, to allow algae biofuels to qualify for those tax credits, and to create an option for monetizing the tax credits as tax refunds.

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Lucid Motors unveils Lucid Air luxury electric sedan

Green Car Congress

The Lucid Air will be available initially in North America, offered in four model ranges: The Air, the starting point for the lineup, available in 2022 and starting below $80,000 ($72,500 after USA federal tax credit). The well-equipped Air Touring model, available late 2021, from $95,000 ($87,500 after USA federal tax credit).

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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

Green Car Congress

Most of the largest subsidies to fossil fuels were written into the US Tax Code as permanent provisions. The vast majority of subsidy dollars to fossil fuels can be attributed to just a handful of tax breaks, such as the Foreign Tax Credit ($15.3 billion) and the Credit for Production of Nonconventional Fuels ($14.1

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