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
President Obama announced the award of $2.3 billion in Recovery Act Advanced Energy Manufacturing TaxCredits 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.
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.
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 taxcredit).
Volumetric Ethanol Excise TaxCredit (VEETC), commonly called the blenders’ credit, and the secondary tariff on imported ethanol until 31 December 2015. It would also extend the Small Producers TaxCredit and the Cellulosic Ethanol Production TaxCredit to 1 January 2016.
Two days ago, President Barack Obama released his proposed U.S. The budget also suggested that the taxcredit for. government budget for the fiscal year starting in October.
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 taxcredits for advanced vehicles and biofuels.
Strong income taxcredits for the purchase of new diesel, hybrid, and plug-in hybrid vehicles are very expensive and essentially ineffective at reducing GHG emissions from transportation. Purchase taxcredits are an expensive way to reduce oil consumption and GHG emissions from transportation. —Morrow et al.
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. Taxcredits.
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. Eliminating market failures that prevent the adoption of technologies for energy efficiency.
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 TaxCredit (VEETC) through 2011 at the current rate of $0.45/gallon
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
dependence on imported oil, President Barack Obama yesterday proposed expanding taxcredits now offered to buyers of plug-in cars to those who buy natural-gas vehicles as well. Continuing his efforts to reduce U.S.
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 taxcredits of up to $5,000 per vehicle.
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.
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.
of vehicle sales), far below levels required to meet the Obama administration’s goal of one million PEVs on the road by 2015. Vehicle taxcredits 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.
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 taxcredit to do it - so there's no excuse for delay.
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.).
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 taxcredits for car buyers.
After a federal taxcredit and state rebate, the price of these cars will come out at around a cool 20k. The Leaf’s suggested retail price of $32,780 drops to $25,280 after a $7,500 federal income taxcredit. But that also qualifies for a 50 percent taxcredit, dropping the cost to $1,100.
Hot on the heels of President Barack Obama’s pledge of support for expanding U.S. production and sales of plug-in electric cars in his State of the Union address earlier this week, comes more support for the zero emission vehicles from a pair of Michigan Democrats. Brothers Rep. Levin and Sen. Levin announced yesterday that.
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 taxcredits and training grants.
Legislation proposed in the Senate by Senators Obama, Hatch and Cantwell to offer taxcredits to convert hybrids to plug-ins now has its counterpart in Congressman Ed Markey's House bill. Tags: rechargeit.org obama edrive hymotion ed markey electric car plug-in partners plug-in hybrid hatch cantwell hybridsplus.
It will also list current taxcredits 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.
In the United States, the American Recovery and Reinvestment Act expanded a $7,500 consumer taxcredit for electric vehicles and included $2.4 In the past year, both countries have made major investments in electric vehicles. billion to support battery manufacturing. The US government has also provided more than $8.5
Currently, buyers of electric cars receive a $7,500 taxcredit that they can only realize once they file their taxes, often up to a year after they actually make their purchase.
As one of the outcomes of the “Three Amigos” meeting in Ottawa, Canada Prime Minister Justin Trudeau, US President Barack Obama, and Mexico President Enrique Peña Nieto committed to an “ambitious and enduring” North American Climate, Clean Energy, and Environment Partnership.
With the aim of having one million advanced technology vehicles on US roads by 2015, President Obama’s Budget offers clear support for electric vehicle manufacturing.
Here's part of Obama's plan thanks to Politico : Obama calls for 'clean energy' nation By MIKE ALLEN Sen. Barack Obama on Monday called reducing the nation’s energy consumption “the great test of our time” and proposed billions of dollars in subsidies for business and consumers to encourage a “ clean energy “ future.
So far, President Barack Obama has announced no new federaleffort to promote the fuel, and federal funding for hydrogen fortransportation use in the 2009 budget dropped to $177.7 TaxCredits Instead, Obama backed taxcredits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars.
How many plug-in electric vehicles does President Barack Obama wish to see on U.S. All will qualify for a $7,500 federal taxcredit. See the complete Energy report. For all the fanfare, sales of electric cars are currently negligible (outside of golf courses, that is). roads by 2015? Five million. Two million. One million.
Senate last month approved sharp increases in fuel economy standards and is considering a package of taxcredits for consumers who purchase plug-in vehicles and the companies that make them. Barack Obama is one of the sponsors of that legislation. (clip) The U.S. Democratic presidential candidate Sen.
We know that Secretary of Energy Moniz recently admitted that the Obama administration’s ambitious and encouraging goal of one million EVs on American roads by 2015 is unattainable. Examples in this category include protecting and expanding existing taxcredits in the Energy Independence and Security Act.
President Obama has stated a commitment to 1 million plug-in cars by 2015. The federal consumer taxcredit awaits major automaker cars that can claim them. Tags: biofuels nissan GM zev mandate cafe standards barack obama battery electric car. The taxpayer is financing the American automakers’ survival and their future.
On Friday, HR 4853, the Tax Relief, Unemployment Insurance Reauthorisation and Job Creation Act of 2010, was signed by US President Barack Obama. Firstly, the bill will extend the volumetric ethanol excise taxcredit through 2011 at the existing rate of $0.45/gallon. It includes a number of provisions related to fuels.
While it’s sad but true that the entire gang in Sacramento can no longer figure out how to make California work, President Obama and his “Yes I Can&# team do know what they’re doing. The treasure chest was cleverly disguised in the form of Federal stimulus money from the ARRA, the American Recovery and Reinvestment Act.
The more the merrier, the market for these is going to explode soon with Obama’s stimulation plan, and its tax of $7,500 to $15,000 for electric trucks. Total costs can be reduced with federal taxcredits for electric work trucks that range from $7,500 for Class 3 trucks to as much as $15,000 for a Class 6 truck.
Two of the world’s super powers have united as US President Barack Obama and China President Hu Jintao announced a package of seven measures to strengthen co-operation between the countries on clean energy. US-China Electric Vehicle Forum.
Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. Do the simple math, Obama (ho,ho) and learn just how stupid thou really art.
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 taxcredit of $7,500 for new electric cars. Or No Cars?
Tuesday night, President Obama will speak to the nation about the Gulf catastrophe. Tuesday night President Obama will address our nation. The missing piece we dream President Obama will follow up with is an emergency-response roadmap to a world where increasingly scarce and costly oil is used only when needed.
A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized. —John D.
Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV taxcredit scheme plays out. There was no longer any limit to the length of time the industry could benefit.
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