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Obama 2012 Budget Proposes Higher Tax Credit For Plug-In Cars

Green Car Reports

Two days ago, President Barack Obama released his proposed U.S. And in it, he followed through on a promise from his State of the Union address last month, by proposing to cut up to $4 billion in subsidies to the oil and gas industry. The budget also suggested that the tax credit for.

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Obama Budget Boosts Funding For More Efficient Cars, Hikes Electric-Car Tax Credit

Green Car Reports

President Barack Obama has said he wants to boost the Department of Energy''s vehicle research budget 75 percent to help develop more efficient cars.

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Obama: Add Rebates On Natural-Gas Cars, Oil Is 'Fuel Of Past'

Green Car Reports

dependence on imported oil, President Barack Obama yesterday proposed expanding tax credits now offered to buyers of plug-in cars to those who buy natural-gas vehicles as well. Given the ugly politics around electric cars and the presidential election season, the proposals aren't given much chance of getting.

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President Obama announces $1B National Community Deployment Challenge to spur deployment of alternative-fuel vehicles; new purchasing incentives; new EV Everywhere research grand challenge

Green Car Congress

US President Barack Obama announced a new $1-billion National Community Deployment Challenge to spur deployment of advanced alternative fuel vehicles in communities around the country. Tax credits. National Community Deployment Challenge. EV Everywhere.

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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

The study— Analysis of Policies to Reduce Oil Consumption and Greenhouse-Gas Emissions from the US Transportation Sector —finds that reducing CO 2 emissions from the transportation sector 14% below 2005 levels by 2020 may require fuel prices above $8/gallon by 2020. —Morrow et al. Adoption of all of the preceding policies.

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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

Green Car Congress

The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. Examples include electric cars, geothermal heat pumps, and advanced biofuels.

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Obama gives $2.4bn Jump Start To Battery Makers

Revenge of the Electric Car

President Obama is making good on his promise to spearhead the EV revolution. It’s all part of the Obama administration’s plan get to 1 million plug in hybrids on the road by 2015. Obama At A Town Hall Meeting in Los Angeles, California - March 19, 2009. billion grant program to aid electric cars. The new $2.4-billion

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