This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
This can be combined with an up to $7,500 clean vehicle federal tax credit and various other regional incentives. This program provides vouchers of up to $55,000 to help California fleets purchase cleaner, advanced technology trucks and buses.
Canada’s Minister of Environment and Climate Change, Catherine McKenna, and the Chair of the California Air Resources Board, Mary Nichols, today signed a new cooperation agreement to advance cleaner vehicles and fuels. The transportation sector is the source of nearly a quarter of Canada’s carbon emissions and more than 40% of California’s.
New polling shows a clear majority of support for clean cars, which might be the final nail in the coffin for the fossil car lobby's fear campaign against cleaner, more efficient vehicles. The post “Ute tax:” Australians not falling for spin as clear majority want cleaner, cheaper cars appeared first on The Driven.
Congress has taken an important step to advance cleaner transport with the introduction of new, fairer taxation for natural gas. The ''LNG Excise Tax Equalization Act of 2013'' is designed to equalize the discrepancy between taxation of diesel and liquefied natural gas (LNG). Currently, both are taxed at the same federal rate of 24.3
In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. In addition, the President has directed his Administration to purchase cleaner alternatives to HFCs whenever feasible and transition over time to equipment that uses safer and more sustainable alternatives.
It also accelerates the transition to cleaner vehicle fleets in communities around the country, including expanding Diesel Emissions Reduction Act Grant Program funding, and supports the creation of regional fueling infrastructure for low-carbon vehicles.
This funding comes from DOT’s Buses and Bus Facilities Program and Low or No Emission Vehicle (Low-No) Program, helping transit agencies purchase and lease new, cleaner vehicles and renovate and construct the infrastructure needed for zero-emission transit vehicles. Cleaner Transportation in the Coachella Valley. Project title.
With high gasoline prices nationwide, the Honda Civic Natural Gas offers consumers a cleaner transportation alternative that is also cost effective. The Civic Natural Gas has earned recognition from the American Council for an Energy-Efficient Economy (ACEEE) as the “greenest vehicle of 2010” for the seventh consecutive year.
Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge. billion through 2019.
Gulf’s move into the LNG marketplace is part of the company’s ongoing strategy to diversify its energy offerings and provide the marketplace with a fuel alternative that is cheaper, cleaner, and domestic. We intend to convert more of our fleet and to supply and distribute LNG to our customers. The economic benefits are remarkable.
Making the transition to electric school buses that don’t emit pollution provides children and their communities with cleaner air and numerous public health benefits. Proposition 39 is a voter-approved initiative that adjusted the corporate income tax code and allocated revenues to school districts for energy improvements.
And when it does, we’ll be talking about a renewable, cleaner, alternative source of energy that further improves America’s energy independence. We believe diesel can be even cleaner, even more powerful, even more efficient in the days ahead. In 2009, Audi launched the A3 and Q7 TDI models in the US.
The UK government slashed electric company car tax, instantly making EVs much more attractive for businesses and employees. Here we take a look at what company car tax is, what’s changed, and how it compares between different types of cars. What is company car tax? How much is company car tax? Company Car Tax bands.
Historically, diesel cars have sold strongly in Europe, where the fuel is less expensive than highly taxed gasoline. Consumers realize that today’s diesel cars are cleaner, less noisy and faster than they used to be, and have a relatively lower cost of entry than some hybrids and EVs. About one of every two US.
If built, the proposed project would use natural gas to create cleaner-burning transportation fuels, such as natural gas-based diesel and jet fuels and other products, such as specialty waxes and the building blocks for lubricants, plastics and detergents. Shell built the first commercial GTL facility in Malaysia in 1993.
Not only is there a 50-cent-per-gallon federal tax credit for operating on alternative fuels like propane autogas, filling up with autogas also costs substantially less than gasoline. We expect to save thousands annually on fuel costs alone by operating autogas vehicles. —Sergeant Mark Garton, Polk County Sheriff’s Office.
Louisiana’s Governor John Bel Edwards announced his support for this project with the inclusion of an incentive package that contains comprehensive workforce support and tax incentives. REG Geismar was the first renewable diesel plant built in the US and was acquired by REG in 2014. —CJ Warner.
The propane-powered Ford E-350 can qualify for Federal tax credits up to 80% of the incremental cost to convert. Propane burns cleaner than gasoline or diesel, with up to 20% less NO x , up to 60% less carbon monoxide, 24% fewer greenhouse gas emissions, and fewer particulate emissions when compared to gasoline.
transportation, and ensure state fuel taxes can support all transportation modes. Efforts should shift from building highway networks to building other forms of transportation that are cleaner, more efficient, and in high demand. commuting provide a service in addition to information about smarter, cleaner travel choices.
This growth is driven in large part by a $1-per-gallon production tax credit extended through the end of 2013 by the US Congress. The RFS aims to reduce oil imports and cut back auto emissions with cleaner-burning fuels such as cellulosic ethanol, biomass-based diesel, and sugar-cane-based ethanol. billion gallons of renewable fuel.
The US government must place an initial price on US greenhouse-gas emissions, either through a cap-and-trade mechanism or a tax. A tax has the advantages of predictability and being simple to implement quickly. The United States needs to place a price on both imported oil and carbon either through taxes or a cap-and-trade program.
It’s more modern, slightly cleaner, and truly starts to give off the vibes of the Cybercab , which Tesla unveiled in October 2024. Nothing was creaky or cheap feeling, and paying $41,000 for a car (after tax credit) should come with materials that are a much better quality. This was a big improvement.
These projects underline Alberta’s commitment to responsible, cleaner energy production. billion barrels of oil from conventional reservoirs throughout the province, potentially generating up to $25 billion in additional provincial royalties and taxes. —Premier Ed Stelmach.
Additional funding of £50 million (US$84 million) will also be available for local areas to invest in cleaner taxis and buses. Drivers pay no road tax or congestion charge on ULEV. Winning cities could, for example, incentivize drivers of green cars by letting them use bus lanes or allowing them to park for free.
The total value of the contracts, if all options are exercised and future funding is available, is in excess of $343 million, inclusive of sales tax, licenses, fees and delivery. At the end of the contracts, more than 95% of MTS buses will run on cleaner compressed natural gas. This is significant for MTS in many ways.
Consumers were also interested in real-world range under varying conditions, tax credits and rebates, as well as home and public charging. “Consumer interest in cleaner vehicle types continues to be strong, but many consumers still have a lot of questions.
Residents will not be eligible for rebates if their gross annual income exceeds $150,000 for single tax filers, $204,000 for head of household filers and $300,000 for joint filers. To qualify for the increased rebates, applicants must have household incomes not more than 300 percent of the federal poverty level.
These measures can address this barrier by (i) raising the price of the most polluting and energy-inefficient vehicles, e.g. through taxation, or (ii) by lowering the price of cleaner fuels and propulsion technologies, e.g. through tax credits and direct subsidies. The issue of equity is also important.
It finds that policy can play a big role in helping drivers leave their car at home and that Britain lags behind the leading countries in use of cleaner modes of travel. It also discusses fuel taxes and prices, which affect both travel and vehicle choices. But there is a bigger picture.
This includes varying the rates on new car sales taxes, annual auto excise (property) taxes, and registration fees, with rates raised on low-MPG vehicles and reduced on high-MPG ones. New policies outlined in the report include: Clean Car Consumer Incentives. GHG) models.
Hempstead Town’s new fueling station is a major research and demonstration project that will help to assess the viability of hydrogen and HCNG as alternative fuels, with the goal of identifying cleaner alternatives to gasoline that will reduce fossil fuel dependency.
The Act includes three major provisions: Exempts cellulosic biofuels from the state gasoline excise tax. Massachusetts was the first state in the nation to give a tax incentive for the use of cellulosic biofuels rather than corn-based ethanol. Governor Patrick signed the Clean Energy Biofuels Act on 28 July 2008. Biofuels mandate.
Replacement of fossil fuels by cleaner electricity (e.g., Almost half of carbon price revenue can be returned to Canadians through reductions in income tax. Increased energy efficiency throughout the economy (e.g., in vehicles and buildings). Increased production of renewable energy (e.g., for heating buildings).
SEAT, a member of the Volkswagen Group, continues to spearhead the introduction of compressed natural gas (CNG) technology, giving customers the widest choice of vehicles that are cleaner, more sustainable and offer even greater efficiency. —Luca de Meo, President of SEAT.
Natural gas technology is playing an increasingly important role in European automotive markets, where there is a longstanding interest in cleaner, more economical transportation solutions. AFV is the sole supplier of natural gas fuel systems to Volvo Car Company (VCC). AFV now aims to expand into other European markets.
The Pennsylvania Department of Environmental Protection (DEP) is accepting grant applications for innovative, advanced fuel, and vehicle technology projects that will result in cleaner advanced alternative transportation within the commonwealth. The AFIG Program is funded by annual gross receipts tax on utilities.
One key focal point will be emerging cleaner-coal technologies including carbon capture and sequestration and coal gasification. The Cliffside and Edwardsport projects received more than $250 million in US Department of Energy clean coal tax incentives.
Battery electric applications, hybrid hydraulics, fuel cells and other advanced technology can make these on- and off-road vehicles cleaner and more efficient. . $8 million to develop and demonstrate technology that will improve the efficiency of medium- and heavy-duty vehicles.
READ MORE: Which is best for the environment: EV or ICE? The MTAA has stressed the findings of the Blue Flag study are based on publicly available information. These projections can, and should, continue to improve as car companies modernise their lineups, the MTAA noted.
Odisha govt announces 100% tax exemption, registration fee waiver for EV. The Odisha government has announced a 100% exemption of motor vehicle tax and registration fees for electric vehicles in the state to encourage the growth and faster adoption of electric vehicles. It aims to have 20 per cent electric vehicles on road by 2025.
Today, Volkswagen soon may have new software (and possibly hardware) for tens of thousands of Volkswagen, Audi, and Porsche vehicles; CAFE incentives for cleaner vehicles may have some unintended—and dirty—consequences; and, the cost of a carbon tax and how it would work is all up next.
A strategy that’s cleaner, cheaper, and full of new jobs. The President called on Congress to build on the positioning of America to be the world’s leading manufacturer in high-tech batteries and reiterated his call for action on clean energy tax credits and a national goal of moving toward. nuclear, and 10% renewable.
In the United States, the American Recovery and Reinvestment Act expanded a $7,500 consumer tax credit for electric vehicles and included $2.4 The two Presidents pledged to promote cooperation on cleaner uses of coal, including large-scale carbon capture and storage (CCS) demonstration projects. 21 st Century Coal.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content