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
US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell taxcredits. ITC Holdings Corp.,
The US Department of Energy (DOE) released the US National Clean Hydrogen Strategy and Roadmap , a framework for accelerating the production, processing, delivery, storage, and use of clean hydrogen. Source: DOE. It also complements the massive $9.5-billion It also complements the massive $9.5-billion
The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several taxcredit provisions in the Inflation Reduction Act (IRA). These include: Credits for Clean Hydrogen Production (45V) and Clean Fuel Production (45Z) ( Notice 2022-58 ).
Looking at end use, hydrogen from coal is dirtier than coal combustion. The Senate votes to reel in an EV taxcredit expansion, although it might not mean much yet. “Blue” hydrogen production facilities using coal or fossil fuels, such as. And Mini shows how stripped-down it can get with an EV.
Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. These incentives are in addition to a federal (nationwide) taxcredit, which ranges from $2,500 to $7,500 depending on battery capacity and gross vehicle weight. ZEVs include vehicles powered by electricity or hydrogen fuel cells.
The proposed budget also reduces funding for the DOE Office of Energy Efficiency and Renewable Energy’s hydrogen technology program by nearly $70 million—more than 40%. rebates, investments in R&D, and competitive programs to encourage communities. that invest in electric vehicle infrastructure. EERE budget proposal.
The federal taxcredit for hydrogen fuel-cell vehicles was extended. Apple's reportedly working on an electric car. Lexus detailed new motor technology. This and more, here at Green Car Reports. Apple is reportedly planning to launch an electric car with game-changing battery technology, Reuters reported on Monday.
Tesla, Toyota, and Honda are among the automakers pushing back about an EV taxcredit that gives a boost to labor unions. And can hydrogen from a landfill really be greener than that from solar and wind? Volkswagen reveals range ratings for its affordable all-wheel-drive EVs. This and more, here at Green Car Reports.
Tax incentives have proven to be an important way to encourage adoption of new green vehicles, offsetting some of the typically-higher purchase costs compared to conventional costs. Yet just as Toyota prepares to launch its 2016 Mirai fuel-cell car, a taxcredit for hydrogen vehicles has expired due to inaction by Congress.
Today we''ve got reports on the growth of workplace electric-car charging, impeding expiration of the Federal hydrogen fuel-cell vehicle taxcredit, and a new hybrid powertrain that sues exhaust gases to generate electricity. All this and more on Green Car Reports.
An $8,000 federal taxcredit 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 taxcredit, called the Fuel Cell Motor Vehicle TaxCredit, had been due to expire at the end of the month.
Discover how the new Clean Hydrogen Production TaxCredit rules are driving clean energy innovation and advancing the US energy transition. The post US announces final Clean Hydrogen Production TaxCredit rules appeared first on Innovation News Network.
Fears that Congress would kill the federal taxcredit for purchase of a plug-in electric car were laid to rest in December when that incentive survived the $1.5 billion tax-cut bill.
Topsoe and Fidelis New Energy have entered into a global alliance for technology used for producing carbon-neutral hydrogen. The alliance pairs Topsoe’s hydrogen process portfolio with FidelisH2 technology for reduction of lifecycle carbon emissions in hydrogen production.
The electric vehicle taxcredit rules got an extension on Friday as the U.S. At the beginning of the year, new rules took effect, and several electric vehicles that qualified for the full $7,500 taxcredit in 2023 were no longer on the qualifying list. On Friday, the U.S.
Today, we have spy shots of the 2018 BMW i3 electric car, estimations of which automakers will lose their electric-car taxcredits first, and an argument for liquid hydrogen as a replacement for jet fuel in airplanes. Taxcredits for electric cars start to phase out when automakers reach 200,000 sales.
But just as Toyota is building up to next fall''s launch of its 2016 Mirai hydrogen fuel-cell vehicle in the U.S. market, a key tax incentive will expire at.'
Today we''ve got a first drive of the 2014 Tesla Model S P85D electric car, news that the Federal income-taxcredit for hydrogen fuel-cell vehicles will be allowed to expire, and a report on sporty styling for the 2016 Toyota Prius hybrid. All this and more on Green Car Reports.
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 taxcredits issued between 2006 and 2012—e.g., Electric Vehicle Credit. Average credit per tax return, by income level. billion (19.3%).
The first year of maintenance is free of charge and customers are eligible for a taxcredit (subject to individual tax circumstances) from the state of California for up to $5,000. NEXO can be leased for $399 (Blue model) or $449 (Limited model) for 36 months and can be purchased for $58,300.
Hempstead Town, New York with support from National Grid, the New York State Energy Research and Development Authority (NYSERDA), Long Island Power Authority (LIPA) and several clean energy organizations launched Long Island’s first hydrogen fuel station. PW Grosser served as a consulting engineer on the project.
A coalition of retailers, producers, equipment manufacturers, and others have formed the “Coalition for E85” to push for ongoing US Federal taxcredits for ethanol fuel. If the current taxcredit for ethanol fuel expires at year’s end, flex fuel vehicle drivers will pay as much as 38 cents more per gallon.
Hydrogen and recycling are likely to play a central role in reducing emissions from steel production. By 2050, green hydrogen could be the cheapest production method for steel and capture 31% of the market. Converting a significant portion of the fleet to hydrogen would require more DRI plants and more electric furnaces.
AJR Trucking , a leading carrier for the United States Postal Service (USPS) and a major drayage carrier operating in the Ports of Los Angeles and Long Beach, has executed a purchase order for 50 Nikola Tre hydrogen fuel cell electric vehicle (FCEV) trucks from Tom’s Truck Centers, a member of the Nikola Corporation sales and service dealer network.
Further, the 2022 Fall Economic Statement included a refundable investment taxcredit for clean technologies including industrial zero-emission vehicle charging and refuelling equipment, alongside support for clean energy generation and storage.
Nikola Corporation and Fortescue Future Industries (FFI), a global green energy and metals company, announced that FFI will acquire Nikola’s Phoenix Hydrogen Hub (PHH) project. The PHH is a fast-to-market, green hydrogen project located near Phoenix, in the city of Buckeye, Ariz., Earlier post.) Rendering of PHH.
Nikola announced that Nikola and its dealer network have received orders for 100 Class 8 Nikola Tre hydrogen fuel cell electric vehicles (FCEVs). Customers will also be eligible for a $40,000 clean commercial vehicle taxcredit from the federal government due to the passage of the Inflation Reduction Act.
In addition to informing crosscutting DOE priorities including the Critical Materials Research, Development, Demonstration, and Commercialization Application Program (RDD&CA), the DOE Critical Materials List will inform eligibility for taxcredits under the Inflation Reduction Act 48C.
DE-LC-000L101 ) This year’s topics include Hydrogen Quantification for technologies that can quantify leakage of hydrogen during its production, distribution, storage, and use, with detection capabilities in ambient air at the parts-per-million or parts-per-billion level.
The recently passed Inflation Reduction Act would also provide $1 billion for clean heavy-duty vehicles, including transit and school buses, and a new taxcredit of up to $40,000 for commercial vehicles, for which transit agencies and school districts are eligible. Expanding Hydrogen Fuel Cell Usage in the Coachella Valley.
Department of the Treasury missed its deadline to release guidance defining what kind of hydrogen production will qualify for maximum taxcredits under the Inflation Reduction Act (IRA).
By 2030, most capture capacity will be used for the power sector, for the manufacture of low-carbon hydrogen and ammonia, or to abate emissions from industrial sources. Today, most capture capacity is used to collect carbon dioxide from natural gas processing plants and used for enhanced oil recovery. of global emissions.
Maryland expanded a taxcredit for vehicle purchase and leasing and converted a taxcredit for charging equipment to a rebate. Maryland provides another example, having provided $1 million for new charging infrastructure, as well as financial incentives for consumers. million ZEVs on the roads there by 2025.
in the electric-car battle, Congress may have saved the EV taxcredit, an electric cargo ship that hauls coal, and thoughts on Tesla versus Chevy. Today, a prediction China will wallop the U.S. All this and more on Green Car Reports.
Federal taxcredits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. First, the easy part: How do I claim the $7,500 EV taxcredit?
It included the renewal of a home-refueling taxcredit that covers electric-car charging stations, a provision for installing charging stations at government facilities, and other relevant items. The recently-passed Congressional transportation-funding bill contained many positives for electric-car advocates.
While the original clean air sticker policy expired in 2011, a new HOV-exception program with 40,000 stickers for electric, hydrogen fuel cell, and plug-in hybrid vehicles started in 2012. While adding a single hybrid to any HOV lane at 2 a.m. creates no congestion or social costs, said the researchers, adding one hybrid driver at 7 a.m.
The aggregate value of the agreement is estimated to be more than $1 billion, including LCFS, RFS, 45Q and taxcredits. Powered by 100% renewable electricity, the Aemetis Carbon Zero plant design utilizes cellulosic hydrogen made from carbon-negative waste wood. —Eric McAfee, Chairman and CEO of Aemetis.
Nikola Corporation has received approval from the California Air Resources Board (CARB) for Nikola’s Tre hydrogen fuel cell electric vehicle (FCEV) to be eligible for CARB’s Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) program.
billion, including LCFS, RFS, 45Q and taxcredits. Powered by 100% renewable electricity, the Aemetis Carbon Zero plant design utilizes cellulosic hydrogen made from carbon negative waste wood. Aemetis, Inc., The aggregate value of the agreement is estimated to be more than $1.1
Hi Reader, With billions of government funding flowing into hydrogen hubs across the country, the US is navigating a pivotal year for hydrogen production. Incoming final guidelines from the IRS on the definition of clean hydrogen could significantly impact project viability, funding, and deployment.
Mirai customers also may qualify for an $8,000 federal taxcredit and $5,000 potential California rebate along with access to the California HOV carpool lane. The Mirai hydrogen fuel cell electric vehicle is a zero-emission vehicle with an EPA-estimated driving range of 312 miles (502 km); it refuels in around five minutes.
Today, the Tesla Model S once again nabs Consumer Reports'' "Best Overall" vehicle honor, the 2016 Toyota Mirai hydrogen fuel-cell car gets built in small batches in Japan, and a bill to kill Georgia''s electric-car taxcredit rises from the dead. All this and more on Green Car Reports. This converted Renault Kangoo Z.E.
The company believes that the successful incorporation of IPT Carbonation could potentially allow a portion of the company’s project capital expenditures to become eligible for the carbon capture and storage refundable investment taxcredits of 37.5%
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