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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. The Sections are: Credit for energy-efficient existing homes is extended to 31 December 2013. Algae is treated as a qualified feedstock.

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

Green Car Congress

Although sales of plug-in vehicles (plug-in hybrid-electric and battery-electric vehicles, collectively PEVs) in the US climbed more than 80% in 2013 to more than 96,000 units (Tesla has not yet released its final figures) from 52,835 units in 2012 EDTA ), the 2013 results still reflect a meagre new light-duty vehicle market share of ~0.6%

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

Green Car Congress

We project that electric vehicles will save the city $110,000 per year in reduced fuel and maintenance, costs that we would otherwise have to spend on gas-powered vehicles. In 2010, the city converted 15 Toyota Prius hybrids to plug-in hybrid electric vehicles (PHEVs). Earlier post.). Earlier post.).

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Use These Exciting EV Charging Incentives to Fund Your Commercial Charging Station

EV Match

At the end of 2021, there were over 50,000 locations per Alternative Fuel Data Center. Source: Alternative Fuels Data Center. For the federal government, the commercial EV charging incentives come in two varieties: tax credits and rebates. Alternative Fuel Infrastructure Tax Credit.

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60% of $18B in US clean energy tax credits 2006-2012 went to top 20% by income; 90% in the plug-in program

Green Car Congress

A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Electric Vehicle Credit. Average credit per tax return, by income level. billion (19.3%).

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

The bill prohibits covered entities from emitting or having attributable greenhouse gases in excess of their allowable emissions level, which is determined by the number of emission allowances and offset credits they hold on the specified date. compared to 2005 levels.). Monetary and injunctive penalties are associated with non-compliance.

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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

The net import share of petroleum and other liquids product supplied falls from 26% in 2014 to 15% in 2025 and then rises slightly to 17% in 2040 in the Reference case. EIA’s AEO2015 shows that the advanced technologies are reshaping the US energy economy. The United States has been a net importer of energy since the 1950s. With greater U.S.

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