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Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

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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California adds $72.5M for cleaner diesel trucks, deployment of advanced vehicle technologies

Green Car Congress

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.

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Canada and California to work together on cleaner transportation

Green Car Congress

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.

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“Ute tax:” Australians not falling for spin as clear majority want cleaner, cheaper cars

The Driven EV News

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.

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Tax Fairness For Liquid Natural Gas: Goal Of Bill In Congress

Green Car Reports

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

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

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.

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President Obama proposes 50% increase in spending on clean transportation, funded by $10/barrel tax on oil

Green Car Congress

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.

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