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Louisiana’s Ways and Means will hear SB 8 on Monday, May 24. The bill proposes to accelerate the sunset date of alternative fueled vehicle (electric vehicles and hybrid electric vehicle) taxcredits in Louisiana. In essence, they want to end the taxcredits earlier than planned.
Nat G CNG Solutions introduced its new Nat G 500 Series compressed natural gas (CNG) vehicle fueling station for mid-sized fleets, priced starting at $59,900 after a federal taxcredit. The Nat G 500 Series is a fully integrated fueling station on a skid. A typical customer can produce CNG fuel for around $1.00
Yesterday, I spent the day down at the Louisiana State Capitol advocating for electric vehicles and clean energy while my state’s lawmakers were having their session. I learned a lot.
There's a storm a-brewin' in Louisiana over alternative vehicle taxcredits. In 2009, the state legislature passed Act 469 (PDF) which grants taxcredits of up to $3,000 to anyone who purchases a low-emissions vehicle that runs on alternative fuel, "including but not limited to compressed.
Operations are underway at the Dynamic Fuels plant, which is successfully converting non-food grade animal fats and greases into high quality renewable fuels. Dynamic Fuels is a 50:50 joint venture between Syntroleum and Tyson Foods. Dynamic Fuels has been making jet fuel for testing by the Air Force Research Laboratory.
EIA said that two factors behind growing US renewable diesel capacity are rising targets for state and federal renewable fuel programs and biomass-based diesel taxcredits. The “Inflation Reduction Act” extended the biomass-based diesel taxcredits through 2024.
VVC has said that its V Car’s fuel economy would be among the best of all four-passenger gasoline-powered vehicles sold in the US today. million to re-equip and tool an existing manufacturing facility as VVC’s first regional assembly plant in Monroe, Louisiana. The first loan application was for $79.9 The second was for $241.2
These projects put more than 9,000 alternative fuel and energy-efficient light-, medium- and heavy-duty vehicles on the road, and establish 542 refueling locations across the country. The project will deploy 502 alternative fuel and advanced technology vehicles through 119 public and private fleets throughout the state.
The sale includes all of Delek’s membership interests in AltAir Paramount, LLC which operates a 3,000 barrel per day renewable diesel and renewable jet fuel facility, Delek’s idled Paramount refinery, and associated pipelines and storage tanks. Earlier post.). Delek US Holdings, Inc.
“In two short years, Genesis’ retail footprint has grown rapidly from one dedicated retail facility in Louisiana to 56 retail facilities nationwide,” Genesis North America COO Claudia Marquez said. Hyundai and Kia account for eight of the top ten most fuel-efficient EVs in the US in 2024.
Government Policies and Incentives Impact of subsidies and tax incentives : Government incentives, such as the $7,500 federal taxcredit in the U.S., 5 What It Means for Buyers in 2025 Cost Savings Long-term savings on fuel and maintenance : EVs offer significant savings on fuel and maintenance costs.
In a speech on Tuesday at the National Automobile Dealers Association meeting in Washington, US Environmental Protection Agency (EPA) Administrator Andrew Wheeler outlined the Trump Administration’s thinking on national fuel economy standards and California. Earlier post.). So we will be moving forward with one national standard very soon.
GM CEO Mary Barra – Photo by Steve Fecht for General Motors In late 2019 Trump effectively nixed an extension of the taxcredit for Tesla and GM, which had already reached their 200,000-vehicle caps under the former framework. ExxonMobil oil refinery, Baton Rouge, Louisiana, by WClarke [CC BY-SA 4.0] businesses.
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