Published on November 27th, 2009
Not everyone wants to save the planet. This is a sad, but true fact. Yet everyone who lives and works within a capitalist economy loves saving money. So it’s good for the planet that, in many cases, saving money and green initiatives go hand in hand by providing an increased economic benefit while lessening environmental impact. Many of these benefits come directly from the government, such as tax exemption status or tax credits for using alternative fuels in vehicles.
And as the German biofuel industry is showing us, taking away those economic benefits can lead to the utter collapse of what looked like a maturing faucet of biofuel.
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Published on October 8th, 2009
Zero Motorcycles has just announced that they are the first electric motorcycle company to meet all US and Canadian safety standards as well as pass EPA certification allowing their bikes to qualify for major federal tax credits of 10% of the purchase price as well as a state sales tax credit.
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Published on March 5th, 2009
On March 13, the European Union will impose a counter-subsidy tax on U.S. biodiesel producers for “dumping” biodiesel on the European market.
European producers have been complaining about cheap imported biodiesel for quite a while, and it looks like a key European trade panel finally took action. The tax will be specific to each biodiesel producer:
- ArcherDaniels Midland: 86 cents per gallon;
- Cargill: 90 cents;
- Imperium Renewables: 96 cents;
- Green Earth Energy Fuels: 93 cents;
- World Energy Alternatives: 96 cents;
- Peter Cremer North America and remaining biodiesel producers will pay $1.36 per gallon. Read the rest of this entry »
Published on October 29th, 2008
The US auto industry’s woes are well known — we’ve covered them here at Gas 2.0 many times — but are these companies deserving of taxpayer money for a government bailout, or should they be left to deal with a mess that they mostly created?
This is the question that will be debated live on NPR.org today at 3 PM EDT (19:00 Greenwich Mean Time).
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Auto industry,
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Bailout,
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chrysler,
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Taxpayer,
Technology,
transportation,
trucks,
vehicles
Published on July 31st, 2008
It looks like the new line of clean diesels from VW, including the new Jetta TDI and SportWagen, will be eligible for a $1,300 Federal Income Tax Credit.
VW made the announcement earlier in the week after receiving notification from the IRS that clean diesels would meet the “Advanced Lean Burn” motor vehicle income tax credit. Read the rest of this entry »
