Green Car Congress

AUGUST 8, 2022

The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. At that time, this order process will close.

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Tax Credit Fisker Tax Sale 321

Green Car Congress

OCTOBER 18, 2022

The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. The amount of CO 2 being captured today is 43 million tons, or 0.1% of global emissions.

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Carbon Global Tax Credit Wyoming 293

Green Car Congress

AUGUST 9, 2022

The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). Among the changes are an extension of the tax credit through 2032, the removal of the unit-sales cap of 200,000 per OEM, and a new mandate for qualified cars being assembled in North America.

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Tax Credit Tax Convert Batteries 334

Green Car Congress

DECEMBER 19, 2013

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. Specific proposals include: Clean electricity tax credit.

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Tax Tax Credit Cleaning Clean 281

Green Car Congress

OCTOBER 25, 2016

On November 8, Washington will vote on the US’ first revenue-neutral carbon tax. If approved, Initiative 732 would establish a tax on carbon emissions at $15 per metric ton of emissions in July 2017; $25 in July 2018, and then 3.5% plus inflation each year until the tax reaches $100 per metric ton.

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Washington Tax Carbon Tax Credit 150

Green Car Congress

MAY 4, 2023

Pyka, a developer of autonomous electric aviation technology, was awarded a $7-million California Competes Tax Credit with the California Governor’s Office of Business and Economic Development (GO-Biz), approved last week by the California Competes Tax Credit Committee.

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Tax Credit Tax California Manufacturer 243

Energy Institute at HAAS

JULY 25, 2022

Some economists and policy advocates present a carbon tax (or … Continue Reading Is Taxing Carbon Really the Best Way to Decarbonize the Grid? Our new research suggests clean electricity standards or subsidies might be more beneficial. Today’s blog post is co-authored with Ryan Kellogg.

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Tax Grid Carbon Cleaning 143

Green Car Congress

JULY 12, 2019

Stuart Licht ( earlier post ) report a process for the high-yield, low-energy synthesis of carbon nano-onions (CNOs) by electrolysis of CO 2 in molten carbonate. High yield electrolytic synthesis of carbon nano-onions from CO 2 , either directly from the air or from smoke stack CO 2 , in molten carbonate.

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Carbon Energy CO2 Gas 255

Green Car Congress

SEPTEMBER 15, 2019

A recent study by Science of the Total Environment found that DOE is the most productive organization in the world in the carbon capture and storage field. Under the first FOA award, Front-End Engineering Design (FEED) Studies for Carbon Capture Systems on Coal and Natural Gas Power Plants, DOE has selected nine projects to receive $55.4

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Carbon Tax Credit Tax Commercial 223

Green Car Congress

JANUARY 5, 2023

Canada Nickel Company announced that its latest test work results support the incorporation of carbon capture and storage into the Crawford Project.The company’s In-Process Tailings (IPT) Carbonation process is a novel method for accelerated carbon capture and storage. IPT Carbonation – Crawford Nickel Project.

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Canada Carbon Tax Credit Climate Change 243

Green Car Congress

AUGUST 21, 2020

Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Rusheen Capital Management, a private equity firm, have formed a development company, 1PointFive, to finance and to deploy Carbon Engineering ’s large-scale Direct Air Capture (DAC) technology. Carbon Engineering’s DAC technology has four major elements.

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Carbon Companies Climate Tax Credit 221

Green Car Congress

NOVEMBER 7, 2022

The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several tax credit provisions in the Inflation Reduction Act (IRA). Credit for Carbon Oxide Sequestration(45Q) ( Notice 2022-57 ). Written comments should be submitted by Saturday, 3 December 2022.

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Tax Credit Tax Clean Cleaning 199

The Driven EV News

MAY 26, 2024

The post China’s first carbon border tax? A battle between clean tech and fossil dinosaurs? Insiders say China is poised to slap a 25 per cent tariff on imports of "large-engined" vehicles from the US and Europe. Insiders flag big tariff on imported US gas guzzlers appeared first on The Driven.

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Tax Carbon Gas China 136

Green Car Congress

NOVEMBER 16, 2019

By 2050, Cummins is targeting net-zero carbon emissions. They also supported robust federal investment in research and development, grant programs for adoption of new technologies, and tax incentives. Cummins Inc. —Eric Olson, Senior Vice President at BSR.

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Emissions Carbon Climate Change Climate 278

Green Car Congress

MAY 23, 2023

An economic study by research group Steer, and commissioned by T&E, looked at future operating costs of hydrogen planes on intra-European flights and found that they could be an efficient, cost competitive technology to decarbonize the sector, provided kerosene is taxed adequately. (If GJ—approximately €0.37/L.)

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Hydrogen Tax Green Emissions 415

Green Car Congress

JULY 23, 2018

Policies to entice consumers away from fossil-fuel powered vehicles and normalize low carbon, alternative-fuel alternatives, such as electric vehicles, are vital if the world is to significantly reduce transport sector carbon pure-emissions, according to a new study. Note the different scaling used in the graphs. McCollum et al.

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Carbon Alternative Fuels Market Vehicles 231

Green Car Congress

JANUARY 11, 2023

Topsoe and Fidelis New Energy have entered into a global alliance for technology used for producing carbon-neutral hydrogen. The alliance pairs Topsoe’s hydrogen process portfolio with FidelisH2 technology for reduction of lifecycle carbon emissions in hydrogen production.

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Hydrogen Carbon Energy Tax Credit 199

Green Car Congress

OCTOBER 4, 2016

The Government of Canada has proposed a pan-Canadian approach to pricing carbon emissions; under the new plan, all Canadian jurisdictions will have carbon pricing in place by 2018. To accomplish this, Canada will set a benchmark for pricing carbon emissions—set at a level that will help Canada meet its greenhouse gas emission targets.

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Canada Carbon Price Climate Change 210

Green Car Congress

MAY 28, 2021

finds that private jets are 10 times more carbon-intensive than airliners on average, and 50 times more polluting than trains in terms of CO 2 emitted per passenger-km. T&E calculates that a jet fuel tax applied proportionately to flight distances could raise €325 million if applied to all flights departing from the EU and UK.

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Emissions CO2 France Pollution 418

Green Car Congress

APRIL 24, 2018

The analysis combines process engineering, spatial optimization, and lifecycle assessment to consider the technical, economic, and institutional feasibility of near-term carbon capture and sequestration (CCS). Mach (2018) “Near-term deployment of carbon capture and sequestration from biorefineries in the United States” PNAS doi: 10.1073/pnas.1719695115.

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Carbon CO2 Tax Credit Store 218

Electrek

FEBRUARY 5, 2024

Elon Musk is introducing his new right-wing fans to the idea of implementing a carbon tax, and it goes about as well as you would expect.

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Tax Carbon IDEA 139

Green Car Congress

MAY 21, 2021

of global carbon emissions. The Sustainable Skies Act aims to cut aviation’s carbon emissions in half. The legislation would create a tax credit starting at $1.50 The tax credit would expire at the end of 2031. Currently, air travel accounts for as much as 2.5% The bill, co-led by Reps.

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Tax Credit Tax Fuel Emissions 186

Energy Institute at HAAS

APRIL 18, 2022

What is the right carbon tax? Under consideration were the $400 proposed rebate for each car … Continue Reading Tax Me Baby One More Time! I contemplated a number of doom and gloom topics for my post this week.

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Tax Carbon Cars 140

Green Car Congress

AUGUST 6, 2022

Reflecting increased research interest in synthetic liquid fuels produced using renewable low-carbon electricity and CO 2 sources, e-fuels were added to the potential future fuel technologies that are evaluated. Cost assessments represent a final cost/price to the consumer, excluding taxes on the final product (e.g.,

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Fuel Vehicles Carbon Emissions 417

Energy Institute at HAAS

JANUARY 24, 2022

Can we get more carbon mileage out of politically passable climate policy? And the problem with swinging for the fences … Continue Reading Fighting Climate Change With Tax Credits. Build Back Better (BBB) prospects are not looking so good.

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Tax Credit Climate Change Climate Tax 145

Energy Institute at HAAS

SEPTEMBER 7, 2021

What can we learn from California’s pioneering efforts to price carbon at the border? Everybody’s talking about border carbon adjustments. The EU has announced its plan to tax the emissions … Continue Reading The Whac-a-Mole Economics of Border Carbon Adjustments.

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Carbon Tax Price Emissions 143

Green Car Congress

AUGUST 10, 2021

In an effort to decarbonize transportation and reduce aviation emissions, Congress is considering new legislation to establish a tax credit to promote and develop robust domestic SAF production. We recognize the importance of decarbonizing the aviation sector with low carbon liquid fuels.

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Tax Credit Tax Congress Carbon 170

Green Car Congress

MAY 1, 2022

Ethanol’s shorter hydrocarbon chains (two-carbon atoms vs diesel’s twelve- carbon atoms) reduce or eliminate soot formation under typical engine conditions. The report also highlights the potential for even greater GHG reductions using other feed sources developed by the ethanol industry with lower carbon intensities.

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Emissions Engine Diesel Miles 370

Green Car Congress

NOVEMBER 3, 2013

However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. Cost per ton of carbon reduced. The program resulted in a reduction of carbon dioxide emissions of only 8.58 Cost per job created. million, or 0.7

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Cash For Clunkers Future Stimulus 2009 306

CleanTechnica EVs

MAY 10, 2021

Originally posted on EVANNEX. Elon Musk is working hard on a 360-degree clean energy strategy at Tesla. With solar, battery storage, and electric cars, Tesla is poised to reshape the global energy paradigm. However, Tesla’s products can only go so far.

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Tax Carbon Clean Cleaning 145

Green Car Congress

OCTOBER 31, 2021

The ELECTRA ferry offers OPEX reductions of up to 35% compared to fossil fuel burning fast ferry alternatives, as well as helps operators de-risk the future cost uncertainties of carbon taxes and emissions trading schemes being implemented globally.

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Concept All-Electric Mariner Fuel Alternative 418

Green Car Congress

JULY 6, 2020

One of the reasons is the Swiss LSVA road tax on commercial vehicles, which does not apply for zero-emission trucks. To reduce carbon emissions, all of the trucks need to run on only green hydrogen. That nearly equalizes the hauling costs per kilometer of the fuel cell truck compared to a regular diesel truck.

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Hyundai Commercial Switzerland Europe 488

Green Car Congress

FEBRUARY 21, 2014

The Royal Government of Bhutan will study implementation of an exemption from the green tax, sales tax and custom duty for EVs as well as a carbon credit scheme where the sale of EVs will earn credits that can be traded for tax exemptions for imported internal combustion engine-powered (ICE) vehicles.

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Bhutan Nissan Tax Taxi 305

Green Car Congress

JUNE 2, 2013

Its board of directors, the private investment instruments it sets up, and the necessary tax changes should ideally be approved by referendum and could be annulled only by another referendum, the goal being to build the necessary level of confidence, they suggest. The fund would also encompass an industrial development plan.

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Volt Financing Gas Power 334

Green Car Congress

FEBRUARY 1, 2023

Cabot Corporation plans to add conductive carbon additives (CCA) capacity in the United States to enhance its position in the market and support the transition to electric vehicles (EVs). As part of these efforts, federal and state governments have implemented a variety of programs in the form of grants, loans, and tax incentives.

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Li-ion Carbon Battery Batteries 186

Green Car Congress

DECEMBER 24, 2018

Source: US EIA, US Energy-Related Carbon Dioxide Emissions , 2017. The power sector has become less carbon-intensive as natural gas-fired generation displaced coal-fired and petroleum-fired generation and as the noncarbon sources of electricity generation—especially renewables such as wind and solar—have grown.

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2005 Emissions Power Powered 414

Green Car Congress

DECEMBER 9, 2022

The facility, which is targeted to begin commercial operations in 2027, will serve growing demand for zero-carbon intensity fuels for the mobility market as well as other industrial markets. million metric tons of carbon dioxide emissions annually when compared to diesel use in heavy-duty trucks.

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Hydrogen Texas Green Production 353