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ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oil prices. Harmonizing definitions of eligible pathways between this tax credit and the RFS2.

Tax 262
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Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

City officials in Houston estimate that the city’s 27 Nissan LEAF electric vehicles will save the city $110,000 annually compared to internal combustion engine vehicles. found that the city’s LEAFs will cost 41% less to own and operate than gasoline-powered vehicles. A similar study examining Loveland, Colo.

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Johnson Controls to invest $138.5M in Toledo battery facility to support start-stop market; projecting 70-92% demand globally for start-stop systems in new vehicles by 2020

Green Car Congress

By 2020, JCI projects, demand for start-stop systems in new vehicles will reach 70–92% in Europe, North American and China—essentially supplanting conventional internal combustion engine vehicles. —Jorge Guillen, vice president, Start-Stop, for Johnson Controls Power Solutions. Resources.

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

Among the more detailed transportation projections in AEO2014 are: LDVs powered by gasoline remain the dominant vehicle type in the AEO2014 Reference case, retaining a 78% share of new LDV sales in 2040, down from their 82% share in 2012. New vehicle sales shares are generally similar in AEO2014 and AEO2013 but with moderate variation.

Oil 290
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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. If by 2015, 2.5

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National Academies issues interim report on overcoming barriers to PEV deployment

Green Car Congress

Some research has shown that purchase rebates can be more effective than income-tax credits, the committee noted. Overall, however, there is already a net benefit of using PEVs compared with using vehicles that have traditional internal-combustion engines given the existing mix of electricity-generation sources.

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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

Some clean energy production, such as generating electricity by capturing excess heat at manufacturing facilities, is ineligible for the production tax credit because it is not expressly listed in the code, while other types of energy production generating significant air pollution receive sizable tax subsidies.

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