Remove Environment Remove Financing Remove Tax
article thumbnail

“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

Green Car Congress

Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Financing Project VGV: the Green Redemption Fund. The allocation of emissions allowances and the carbon tax, once it is in place.

Volt 334
article thumbnail

China exempts consumption taxes on biodiesel retroactive to 1 Jan 2009

Green Car Congress

China has exempted consumption taxes on pure biodiesel made from waste animal fats or vegetable oils. 2009 and taxes already paid will be refunded, according to the Ministry of Finance (MOF) and the State Administration of Taxation. The new policy is effective from 1 Jan. dollars) per tonne.

2009 231
article thumbnail

DOT issues discussion document on principles for a connected vehicle environment; safety as top priority

Green Car Congress

The principles reflect the positions of the FHWA (Federal Highway Administration), NHTSA, and RITA at this time of adoption related to research, demonstration and implementation of a connected vehicle environment. Transportation Safety is the DOT’s top stated priority for the connected vehicle environment.

article thumbnail

Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

Green Car Congress

While notable exceptions exist, the report says, the financing framework is often skewed towards supporting the motorization model: Domestic public finance is mainly used to build and maintain infrastructure to cater to increasing levels of motorized traffic.

article thumbnail

T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Without this expansion, Europe will not be able to satisfy its battery demand in 2030 and will need to import from foreign rivals.

Companies 430
article thumbnail

Biofuel Companies and Trade Associations Push for Extension to Investment Tax Credits for Cellulosic Biofuels and The Inclusion of Algae Biofuels

Green Car Congress

A group of 35 biotechnology and biofuel companies and trade associations are urging the leaders of the House Ways and Means Committee to extend tax credits for cellulosic biofuels for four years, to allow algae biofuels to qualify for those tax credits, and to create an option for monetizing the tax credits as tax refunds.

article thumbnail

UCLA/UC Berkeley law schools release policy paper on actions required to stimulate long-term, mass-adoption of electric vehicles; leveraging California

Green Car Congress

Reduce fees, taxes and upfront costs for electric vehicle owners and invest in battery research. California has a strong interest in promoting the adoption of electric vehicles, based on the benefits to the economy, environment, and quality of life. The author of this policy paper is Ethan N.