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ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., Over the last decade, the second-generation biofuels industry has struggled to reach commercialization. The Renewable Fuel Standard (RFS2) in the U.S.

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Lawmakers introduce bill to provide blender’s tax credit for Sustainable Aviation Fuel

Green Car Congress

Dan Kildee (MI-05) and Julia Brownley (CA-26), is supported at introduction by climate groups such as the Environmental Defense Fund and the World Wildlife Fund, and by industry groups, such as United Airlines, Airlines for America, LanzaJet, and the Airline Pilots Association. The legislation would create a tax credit starting at $1.50

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Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US. Specific proposals include: Clean electricity tax credit.

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Killing IRA EV tax credits will ruin US EV and battery industries – Princeton study

Electrek

A new study from the REPEAT Project led by Princeton Universitys ZERO Lab warns that the repeal of Inflation Reduction Act (IRA) tax credits could decimate the growing EV manufacturing sector.

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Unifrax to build large-scale silicon fiber anode manufacturing line

Green Car Congress

The proven industrial-scale processes eliminate supply chain concerns over mass adoption. Our track record and proven ability to develop new and unique technologies will help transform the battery industry with SiFAB. million in conditional tax credits based on the company’s job creation plans. Source: Unifrax.

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Conversion supporters petitioning Obama Administration to extend tax incentives to plug-in conversions

Green Car Congress

Entrepreneurs and advocates for electric and plug-in hybrid vehicles conversions have taken advantage of the platform to create a petition urging the Administration to extend the Qualified Plug-in Electric Drive Motor Vehicles (IRC 30D) tax incentives, currently granted for new plug-in vehicles, to plug-in conversions.

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Alfa Romeo starts production of its first plug-in hybrid; Tonale offers 30 miles electric range

Green Car Congress

US customers who choose to lease their all-new Alfa Romeo Tonale can take advantage of a $7,500 federal EV tax credit. The industrial complex has produced more than 5 million cars to date and has won numerous international awards, including in 2013 with World Class Manufacturing (WCM) Gold certification. The additional 1.3-liter

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