Electric Vehicles
The Senate Finance Committee’s latest energy tax reform proposal focuses on technology-neutral and performance-based energy tax credits. On December 18, 2013, Senate Finance Committee Chairman Max Baucus (D-MT) released an energy tax reform draft that would overhaul federal energy-related tax incentives and consolidate provisions supporting renewable energy. Notably, the proposal focuses on establishing tax credits…...
EIA’s latest Annual Energy Outlook (AEO) projects a 56 percent increase in natural gas production by 2040, overtaking coal as the largest share of U.S. electric power generation. On December 16, 2013, the Energy Information Administration (EIA) released the AEO 2014 Early Release Overview presenting updated projections for U.S. energy markets through 2040. The AEO…...
EPA’s annual report on average fuel economy shows that MY 2012 vehicles achieved record-high fuel economy and record-low carbon emissions. On December 12, 2013, the Environmental Protection Agency (EPA) issued its annual report on average fuel economy, emissions, and powertrain technology of new U.S. personal vehicles, including passenger cars, sport utility vehicles, minivans, pickup…...
The 2014 Fuel Economy Guide provides fuel economy and annual fuel cost data, fuel-efficiency rating, and GHG rating for vehicles. On December 3, 2013, the Environmental Protection Agency (EPA) and the Department of Energy (DOE) announced the release of the 2014 Fuel Economy Guide, which provides fuel economy and annual fuel cost data to help…...
Development of clean energy and energy efficiency solutions are confronted by challenges including federal policy uncertainties jeopardizing grants and tax credits, state budget constraints, and insufficient capital markets. Several states are exploring ways to leverage public resources with innovative banking and financial mechanisms to facilitate large-scale deployment of low-carbon technologies. Overview Many federal energy subsidies…...
On October 24, multiple states set goals to increase sales of zero-emission vehicles to 3.3 million by 2025. The policies will likely lead to an increase in state-level subsidies and other financial incentives for electric vehicles and electric vehicle infrastructure. Overview On October 24, the governors of eight states, including California, Connecticut, New York, Massachusetts,…...
California, Oregon, Washington, and British Columbia have agreed to strategically align their climate and clean energy policies. On October 28, 2013, Governors of California, Oregon, and Washington and the Premier of Canadian Province British Columbia signed the Pacific Coast Action Plan on Climate and Energy to align their climate and clean energy policies, pursuant to…...
A coalition of eight states have agreed to implement zero-emission vehicle (ZEV) programs with a goal to put of 3.3 million ZEVs on the road by 2025. On October 24, 2013, Governors of eight states – California, Connecticut, Maryland, Massachusetts, New York, Oregon, Rhode Island, and Vermont – signed an agreement to implement State ZEV…...
The California Air Resources Board has announced additional funding to expedite transformation of its heavy vehicle fleet to zero-emission technologies. On September 26, 2013, the California Air Resources Board (CARB) announced $72.5 million in funding for deployment of clean vehicle technologies through state programs. The incentive programs are designed to accelerate the purchase of advanced…...
California and China have signed a Memorandum of Understanding to coordinate efforts on low carbon development. On September 13, 2013, California Governor Jerry Brown and China’s National Development and Reform Commission (NDRC) Vice Chairman, Xie Zhenhua signed a two-year Memorandum of Understanding (MOU) to coordinate climate change efforts, promote efficient energy technologies, and advance low…...
Governor Cuomo took the first step in the New York Green Bank capitalization process to facilitate private capital flow for clean energy projects. On September 10, 2013, New York State Governor Andrew M. Cuomo formally launched the $1 billion Green Bank initiative, the central part of innovative clean energy proposals announced during his 2013 State…...
A newly proposed Senate bill would establish the State Energy Race to the Top program aimed at doubling the nation’s energy productivity by 2030. On June 20, 2013, Sens. Mark R. Warner (D-VA) and Joe Manchin (D-WV) introduced a bill to establish a state grant program of federal incentives to boost energy productivity. The bill…...