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The Obama Administration provides an online platform for grassroots petitions urging action on a range of issues. However, he notes: The US Federal policy discourages aftermarket plug-in conversion in general with no tax incentives that are provided to new plug-in vehicles ($2,500-$7,500 tax credit).
In support of President Obama’s goal of having 1 million advanced technology vehicles on US roads by 2015, the President’s Budget submitted today proposes a new effort to support electric vehicle manufacturing and adoption in the United States through new consumer. Click to enlarge. that invest in electric vehicle infrastructure.
US Transportation Secretary Anthony Foxx joined President Barack Obama to announce that $600 million will be made available to fund transportation projects across the country under a sixth round of the US Department of Transportation’s Transportation Investment Generating Economic Recovery ( TIGER ) competitive grant program. 2014 TIGER NOFA.
President Obama announced the award of $2.3 billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. The 183 projects in 43 states include several for the manufacturing of advanced batteries; biomass projects; and vehicles.
US President Barack Obama on Friday signed H.R. 4853 , the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (“Middle Class Tax Relief Act of 2010”). The bill extends the Volumetric Ethanol Excise Tax Credit (VEETC) through 2011 at the current rate of $0.45/gallon
In remarks made at UPS in Las Vegas, Nevada, President Barack Obama urged getting more natural gas vehicles on the road. —President Obama. He said that while the federal government can lead by example, “ we’ve got to help not only the federal government but also local governments upgrade their fleet.
A carbon tax with revenues used to fund renewable energy programs gained support from 60 percent of Americans, according to a University of Michigan poll. The survey also found: A revenue-neutral carbon tax, in which all tax revenue would be returned to the public as a rebate check, received 58% support.
The US Department of State recommended today to President Obama that the presidential permit for the proposed Keystone XL Pipeline be denied and, that at this time, the TransCanada Keystone XL Pipeline be determined not to serve the national interest. —President Obama. Earlier post.).
President Obama has directed the Environmental Protection Agency (EPA) and the Department of Transportation (DOT) to develop and to issue the next phase of medium- and heavy-duty vehicle fuel efficiency and greenhouse gas standards by March 2016. Energy Security Trust Fund and tax credits for advanced vehicles and biofuels.
The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change.
President Obama has laid out a plan for building a “21st Century Clean Transportation System”, the investment for which would be funded by a new $10 per barrel fee on oil paid by oil companies, which would be gradually phased in over five years.
Two days ago, President Barack Obama released his proposed U.S. The budget also suggested that the tax credit for. government budget for the fiscal year starting in October.
US President Barack Obama announced a new $1-billion National Community Deployment Challenge to spur deployment of advanced alternative fuel vehicles in communities around the country. Tax credits.
In a statement livecast on the Internet by the White House, President Barack Obama said that neither of the restructuring plans submitted by GM and Chrysler “ goes far enough to warrant substantial new investment. ”. President Obama. President Obama. Earlier post.). The US government has no interest in running GM.
Volumetric Ethanol Excise Tax Credit (VEETC), commonly called the blenders’ credit, and the secondary tariff on imported ethanol until 31 December 2015. It would also extend the Small Producers Tax Credit and the Cellulosic Ethanol Production Tax Credit to 1 January 2016. What about American corn ethanol producers?
Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Earlier post.). Providing a toolkit for climate resilience. Energy Efficiency.
President Obama is making good on his promise to spearhead the EV revolution. It’s all part of the Obama administration’s plan get to 1 million plug in hybrids on the road by 2015. Obama At A Town Hall Meeting in Los Angeles, California - March 19, 2009. Tags: EV Economics Obama Energy. The new $2.4-billion
A new Rasmussen Reports national telephone survey finds that just 33% of likely US Voters would favor a modest increase in the gas tax even if they knew the revenue would be used only to pay for building, maintaining and repairing the Interstate Highway System. 74% of Americans oppose raising the gas tax to meet new transportation needs.
A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., The gas tax, which is not currently indexed to inflation, has lost 1/3 of its purchasing power since 1993, the last time the tax was increased. Click to enlarge.
dependence on imported oil, President Barack Obama yesterday proposed expanding tax credits now offered to buyers of plug-in cars to those who buy natural-gas vehicles as well. Continuing his efforts to reduce U.S.
President Obama’s Interagency Task Force on Carbon Capture and Storage (CCS), co-chaired by the US Environmental Protection Agency (EPA) and the Department of Energy (DOE), delivered a series of recommendations to the president on overcoming the barriers to the widespread, cost-effective deployment of CCS within 10 years.
Since John McCain recently mistook Barack Obama for Paris Hilton (hey, that could happen to anybody, not just the elderly), Paris assures America that she is "totally ready to lead.". it's in Candidate Hilton's energy policy; she advocates tax incentives to build hybrids and electrics, among other things.
President Obama used his last State-of-the-Union (SOTU) address of his term to outline four main elements of a blueprint for an “ economy that’s built to last: an economy built on American manufacturing, American energy, skills for American workers, and a renewal of American values. ”. —President Obama.
Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. The largest reductions in GHG emissions from transportation are obtained by increasing the cost of driving with fuel taxes, resulting in lower emissions in 2030 than in 2010.
The warranty reduction would not impose added liability on GM or consumers, Sexton noted, because President Obama has said the federal government will guarantee the warranties of GM and Chrysler vehicles should they go bankrupt. Moreover, several states are implementing additional tax credits of up to $5,000 per vehicle.
Barack Obama (D-Ill.) Barack Obama on Energy Independence Remarks of Senator Barack Obama Governor's Ethanol Coalition Washington, DC Feb. If they install flexible-fuel tanks in their cars before the decade's up, the government should provide them a $100 tax credit to do it - so there's no excuse for delay.
Pandering politicians have ensured the true cost of gas remains shrouded in tax policy and the defense budget. Obama was not blown away by his opposition to the gas holiday. Barack Obama had the courage to tell voters that the McCain-Clinton summer gas-giveaway plan was a fraud. One cornerstone of the policy is cheap gas.
Elon Musk may be paying an estimated $15 billion in taxes this year due to his massive sale of part of his TSLA holdings, but his contributions to the US government may end up supporting the fossil fuel industry. These include both direct subsidies to corporations, as well as other tax benefits to the fossil fuel industry.
In his State of the Union speech Tuesday night, President Obama proposed “ we use some of our oil and gas revenues to fund an Energy Security Trust that will drive new research and technology to shift our cars and trucks off oil for good. This fund will help low-income Americans pay the higher energy costs that will come from decontrol.
The governor sent a letter to President Obama and Secretary of State Clinton, notifying them of the accepted Nebraska route. million in use taxes. Annual local property tax revenues, for the first full year of valuation, would be between $11-13 million. Nebraska Gov. Construction would result in $418.1
The new Obama Administration proposal to increase fuel efficiency standards for cars and light trucks to an average 54.5 The new Obama Administration proposal to increase fuel efficiency standards for cars and light trucks to an average 54.5 mpg by 2016).
If they don’t, then the car industry warns it’ll be hard to hit President Obama’s goal of one million electric and/or plug-in vehicles on the road by 2015. The federal government has already committed billions to electric-car programs, including aid to auto makers to revamp plants and tax credits for car buyers.
president Barack Obama will propose a tax of $10 per barrel on oil in the 2017 budget he will submit to Congress next week. You have to give the man credit for vision.
of vehicle sales), far below levels required to meet the Obama administration’s goal of one million PEVs on the road by 2015. Vehicle tax credits or rebates. Despite extensive government programs and incentives, PEV sales in the US reached only ~53,000 in 2012 (0.3% —Green et al. —Green et al.
Today, President Barack Obama proposes a tax of $10 per barrel on oil, California wrestles with the question of who should pay for electric-car charging infrastructure, and the Nevada government says the Tesla "Gigafactory" fell short of job and investment projections in 2015. All this and more on Green Car Reports.
President Obama today transmitted the proposed $3.8-trillion billion in tax subsidies for oil, coal and gas industries. trillion FY 2011 Budget to the US Congress. The President’s 2011 Budget provides $28.354 billion for the Department of Energy (DOE) in discretionary budget authority—an 8.9% increase over FY 2010 estimates.
President Obama Steps Up To Save The Economy & The Climate While Republicans No Longer Relevant. I wholeheartedly applaud, support and endorse President Barack Obama’s signing of the $787 billion economic recovery bill just moments ago. Tax Incentives to Spur Energy Savings and Green Jobs.
The US Department of Energy (DOE) has released One Million Electric Vehicles by 2015 , a short status report on advances in deployment and progress to date in meeting President Obama’s goal of putting one million plug-in electric vehicles (PEV) on the road by 2015. Earlier post.).
From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Or No Cars?
It will also list current tax credits and incentives applicable to EV charging. The DOE’s Alternative Fuels Data Center provides a comprehensive database of federal and state programs that support EVs and infrastructure.
Our challenge, well, President Obama in one policy statement after another has advocated for an all of the above strategy when it comes to sustainable mobility. Do they get state or federal tax breaks? In fact in 6 of the states, diesel fuel is penalized with additional state taxes. You move from one pump to the other.
The award, through the American Recovery and Reinvestment Act of 2009, was announced by President Barack Obama during a visit to Indiana in August. In addition to the DOE award, Delphi has been offered support from the Indiana Economic Development Corporation through performance-based tax credits and training grants. With an $89.3
The Electric Drive Transportation Association (EDTA) outlined an action plan for Congress and the Obama Administration to build on their commitment to electric vehicle technology and accelerate the growth of hybrid, plug-in, battery and fuel cell vehicles in the US.
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