Congress Gas-Electric Tax Credit 
CleanTechnica EVs
AUGUST 3, 2022
Last week, Senators Schumer and Manchin announced a compromise on a reconciliation bill, called the Inflation Reduction Act of 2022, that includes significant climate and air quality progress and a goal to reduce greenhouse gas emissions nationwide by 40 percent by 2030.
Green Car Congress
MARCH 21, 2012
Colorado residents who purchase or lease a new Chevrolet Volt are eligible for a state tax credit of up to $6,000 in addition to a federal tax credit of up to $7,500 for a total price reduction of as much as $13,500. A tool to determine specific state or local electric vehicle tax credits is available here.
EV Adoption
APRIL 4, 2021
The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.
Baua Electric
MAY 20, 2023
On the other hand, the proposal faces opposition from refiners, renewable gas manufacturers and a few lawmakers who argue it flouts federal regulation. Gasoline refiners, in the meantime, have argued that Congress by no means gave the EPA authority to form a untouched biofuel credit score fasten to electrical energy.
Green Car Congress
JANUARY 25, 2012
Sherrod Brown (D-OH), would extend the advanced energy manufacturing tax credit (48C credit). The program provides investment tax credits of 30% for facilities that manufacture energy equipment. The SEAM Act is also cosponsored by Senators Debbie Stabenow (D-MI), Maria Cantwell (D-WA), and Bob Casey (D-PA).
Green Car Congress
AUGUST 30, 2015
A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Electric Vehicle Credit. Average credit per tax return, by income level. billion (19.3%).
Blink Charging
MARCH 31, 2022
Gas prices are at nearly their highest point in history, and some owners of larger vehicles are ready to trade them in for vehicles with better gas mileage. Plenty of drivers, however, are looking at a more permanent option – electric vehicles. Electric Vehicles by the Numbers. Electric Vehicles Vs Competition.
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