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President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award

Green Car Congress

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. RE-Gen LLC will receive a $903,480 credit to support building a factory to produce Biomass Gasification Furnaces with a capacity of 250 systems/year.

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Obama FY 2012 budget proposes big boost for EVs and EV technology, cuts for hydrogen

Green Car Congress

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.

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

Green Car Congress

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).

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US Representatives Introduce Bill to Extend Ethanol Excise Tax Credit and Tariff

Green Car Congress

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.

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Obama 2012 Budget Proposes Higher Tax Credit For Plug-In Cars

Green Car Reports

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.

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Obama Budget Boosts Funding For More Efficient Cars, Hikes Electric-Car Tax Credit

Green Car Reports

President Barack Obama has said he wants to boost the Department of Energy''s vehicle research budget 75 percent to help develop more efficient cars.

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Obama directs EPA and DOT to develop and issue next phase of fuel efficiency standards for medium- and heavy-duty vehicles by March 2016

Green Car Congress

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.

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