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

Green Car Congress

The legislation would create a tax credit starting at $1.50 per gallon for blenders that supply sustainable aviation fuel with a demonstrated 50% or greater lifecycle estimate reduction in greenhouse gas emissions compared to standard jet fuel. As an example, SAF that reduces emissions by 70% would receive a credit of $1.70/gallon.

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What Businesses Should Know about Changes to the 30C Tax Credit

EV Connect

Since 2018, the gold standard of federal tax credits for EV chargers has been U.S. Code 30C , more commonly known as the "Alternative Fuel Infrastructure Tax Credit" or the “30C Tax Credit.” That being said, for those eligible to receive the 30C tax credit, there is more money available than ever.

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Which EVs Still Qualify for Federal Tax Credits?

The Truth About Cars

With the guidance having come in on the United States’ updated EV tax credit scheme, outlined in the so-called Inflation Reduction Act, we now have a pretty good idea of which electric vehicles still qualify.

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

Green Car Congress

The Tonale enters the premium compact CUV segment with standard all-wheel drive, more than 30 miles (48 km) of electric range and a starting US manufacturer's suggested retail price (MSRP) of $42,995. US customers who choose to lease their all-new Alfa Romeo Tonale can take advantage of a $7,500 federal EV tax credit.

Plug-in 435
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BMW ActiveHybrid 7 Qualifies For $900 US Federal Tax Credit

Green Car Congress

The US Internal Revenue Service certified that the BMW ActiveHybrid 7 ( earlier post ) qualifies for up to a $900 tax credit under the Alternative Motor Vehicle provision. The base MSRP of the ActiveHybrid 7 is $103,125 including destination and handling; the MSRP for the long wheelbase ActiveHybrid 7L is $107,025.

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Volkswagen ID.4 receives the 2024 MotorWeek Drivers’ Choice Award

Teslarati

4 has more standard tech and better materials in a revised interior. 4 with SK ON battery components eligible for full $7,500 tax credit in 2024 The 2023 and 2024 ID.4 4 with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 EV tax credits. 4 even better. The 2023 ID.4

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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., The Renewable Fuel Standard (RFS2) in the U.S. Harmonizing definitions of eligible pathways between this tax credit and the RFS2.

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