Remove Affordable Remove Climate Remove Congress Remove Tax Credit
article thumbnail

Feature: Bridging the EV Affordability Gap

Clean Fleet Report

Rebates & Tax Credits Don’t Help Most Americans. Even though there are generous EV tax credits, rebates from states and utilities, and other incentives that can save drivers $10,000 or more per EV, most people aren’t aware these programs even exist. EV Climate Loans Help Close the Incentives Gap.

article thumbnail

The Complex Calculus of Clean Energy and Zero Emissions

Cars That Think

Congress has provided hundreds of billions of dollars to speed the deployment of clean-energy technologies. Thousands of Washington insiders and climate activists have had a hand in these legislative breakthroughs. In the past two years, the U.S. C in this century. energy system needs to go and how the latest energy models can help.

Clean 109
article thumbnail

Oxy Low Carbon Ventures, Rusheen Capital Management create company to deploy Carbon Engineering’s direct air capture technology

Green Car Congress

In 2018, the Intergovernmental Panel on Climate Change (IPCC) issued a report indicating that in addition to significant emissions reductions, removing atmospheric CO 2 is necessary to attain the 1.5 This technology provides a pathway to bolster Paris Agreement-aligned efforts aimed at limiting increases in global temperature to 1.5

Carbon 221
article thumbnail

California Senate President pro tem proposes carbon tax on transportation fuels

Green Car Congress

In his address to the Sacramento Press Club, Senate leader Steinberg (D – Sacramento) outlined the four principles of his proposal: Set aggressive targets in statute beyond 2020 to reinforce the climate goals of AB32 through 2030 and 2050. A carbon tax is significantly less vulnerable to gaming. A carbon tax is transparent. …

Tax 230
article thumbnail

The Congressional Review Act and its potential impact on EV tax credits

Plug in America

In 2022, the federal government recognized the vital role of EVs in combating climate change, improving public health, and keeping the U.S. To spur EV adoption and increase Americans’ access to and the affordability of EVs, Congress passed legislation called the Inflation Reduction Act (IRA), which President Biden signed into law.

article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Is tax equity dead? Or is it alive but too expensive and if so, what is the more affordable replacement? by Bill Cooke.

Financing 150
article thumbnail

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

Given the high cost of battery production, a BEV that approaches affordability (with generous tax credits) has a driving range of about 70-100 miles on a full charge. The potential impacts of PEVs on climate change are of particular concern. Policy Instruments.

Plug-in 218