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
An $8,000 federal tax credit on qualifying hydrogen fuel-cell passenger vehicles has been extended through January 2022 though the latest economic stimulus bill passed by the U.S. The tax credit, called the Fuel Cell Motor Vehicle Tax Credit, had been due to expire at the end of the month. It dates back to the George W.
aggregated to the county level given a 10 cent per gallon tax shows tremendous. Economists view higher gasoline taxes as one solution to reducing gasoline consumption and thus air pollution, greenhouse gas emissions, and reliance on oil, while at the same time providing revenue to the government for highway repair and construction.
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 job created. Click to enlarge. Cost per ton of carbon reduced. The small increase in employment came at a far higher implied cost per job created ($1.4
From Plug In America: Last year, Plug In America, along with electric vehicle and EV infrastructure manufacturers from coast to coast, worked with members of the House and Senate to get a critical plug-in vehicle infrastructure tax credit into the stimulus bill. And then you helped us get it passed!
This interest should continue to grow as more tax credits and incentives become available to ease the transition to hybrid school buses. —Enova COO John Mullins. Several states and school districts have expressed interest in expanding their hybrid school bus fleets, Enova said.
The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.
The government’s stimulus plan for the auto industry formulated this year had achieved great success in terms of boosting domestic demand and ensuring the industry growth, he said at the on-going 2009 International Forum on Chinese Automotive Industry Development held in Tianjin. Sales of China’s domestically-made automobiles totaled 1.09
The investment follows Boston-Power’s September 2011 announcement of $125 million in growth capital and Chinese government stimulus programs ( earlier post )—comprising a combination of grants, low-interest loans and related financial and tax incentives&madsh;and is being used to scale manufacturing, research and development, and business development (..)
The ministry attributed the rapid rise in vehicle numbers to the government’s stimulus policies, which included lower taxes on small-displacement automobiles, subsidies to replace old vehicles and subsidies to farmers buying vehicles. A total 16.7 Around 41% of the vehicles were cars and 51% were motorcycles.
However, two-thirds of the sticker registrants had hybrid cars already on the road, the authors noted; in other words, the stimulus effect was lower than expected. Between August 2005 and June 2011, California law allowed owners of hybrid vehicles achieving at least 45 mpg (5.2
We hope the tax, loan guarantee, and DOE spending provisions of the stimulus bill will help turn this around, but there have been delays implementing these initiatives by the federal agencies. The recession, as the report confirms, is having an impact on the industry, according to the GEA.
Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Is tax equity dead? by Bill Cooke. Many participants at the conference expect a 30% decline for the year overall.
Funded through the American Recovery and Reinvestment Act (Recovery Act), the program will provide direct payments in lieu of tax credits in support of an estimated 5,000 biomass, solar, wind, and other types of renewable energy production facilities. This direct payment program allows for an immediate stimulus in local economies.
Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 China unveiled a support package for the auto industry early this year, cutting purchase taxes for cars with small engine capacities and providing subsidies to rural purchasers. People’s Daily.
Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. He also believes that sub-1.6L
Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. GSR Ventures has offices in Beijing and Silicon Valley.
Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China.
Encouraging growth in Brazil during the first half of the year has dissipated, even as the Industrial Products Tax (IPI) holiday winds down in October. Stimulus measures such as lowered interest rates are offset by tighter credit restrictions in lending, restraining the full-year 2013 sales forecast to approximately 1.3% South America.
The TCOs of all four powertrains is expected to converge after 2025—or earlier, with tax exemptions and/or incentives during the ramp-up phase. The emerging FCEV market (2010-20) requires close value chain synchronization and external stimulus in order to overcome the first-mover risk of building hydrogen retail infrastructure.
Last year people were able to get unleveraged tax equity financing to monetize the production tax credits at yields to the tax investor of 6-7%; this year tax equity investors are seeking yields ranging from 10-15% for leveraged tax equity transactions utilizing the investment tax credit that is now available under the Stimulus Bill.
Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit.
February 17, 2009 9:43 am Link No matter how you slice it we need a carbon TAX to accelerate all these important projects. The only question is a carbon TAX the kind of change Obama believes in. Unfortunately, there is very little specific funding for wireless transmission in the stimulus bill that was just signed by the USA President.
California was the first state to sign an MOU with the Department of the Interior to cooperatively develop long-term renewable energy plans and to usher eligible projects through state and federal permitting processes that can receive 30% federal tax credits under the American Reinvestment and Recovery Act (Recovery Act).
The Three Prongs of the “Green&# Energy Stimulus Pa. As part of the solution framework, the Israeli government will provide tax incentives to customers, Renault will supply the electric vehicles, and Project Better Place will construct and operate an Electric Recharge Grid across the entire country. SZ (1) 6753.T SZ (1) 6753.T
The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. Tax Credits for Plug-ins. No Republicans voted for the measure, and seven Democrats voted against it.
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