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UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

Green Car Congress

In the Pre-Budget Report (PBR) released on 9 December, UK Chancellor Alistair Darling announced that all electric cars will be exempt from Company Car Tax (CCT) for 5 years and electric vans will be exempt from Van Benefit Charge (VBC) for the same period. The PBR also has news of an additional £30 million (US$48.5

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

annual growth from 2013 to 2025 to meet its goal. But with a 53% increase in growth from 2013-2017, the annual growth rate required to meet the ZEV goal from 2017 on has decreased to 20% annually. In 2017, Tesla Model S had the farthest EPA-rated range for an all-electric vehicle, at 315 miles. ZEV sales increased 29.1%

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CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

The steady tightening of standards will first incentivize combustion efficiency and in parallel speed up the deployment of new low-carbon technologies and fuels, such as vehicles running on low-carbon electricity, hydrogen, compressed natural gas or sustainable biofuels. Member states should enforce speed limits in all modes.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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DOE will take comment on the draft solicitation, with a plan to issue a final solicitation by the fall of 2013. Burning natural gas is about one-half as carbon-intensive as coal, which can make it a “bridge fuel” for many countries as the world transitions to even cleaner sources of energy. A Federal Quadrennial Energy Review.

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Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

Senate Finance Committee Chairman Max Baucus (D-Mont.) introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US.

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