California Gov. Gavin Newsom announced Monday that the state would renew a rebate program for electric vehicles if the incoming Trump administration eliminates the current federal tax credit. Newsomsaid in a press statementhe is proposing a new version of the state'sClean Vehicle Rebat...
which you can readhere.It is rather short and, per Robinson, really just represents a starting point for EV conversion incentives. Here’s the summary, which essentially describes an addition to the already-existingClean Vehicle Rebate Projectthat...
Budget 2024 sets forth the design and implementation of the Clean Electricity ITC previously announced in Budget 2023, as supplemented by additional changes in the 2023 Fall Economic Statement. The Clean Electricity ITC is a refundable tax credit equal to 15% of the capital cost of eligible proper...
More than one-third of new spending is for investments in clean-tech industries, mostly investment tax credits to drive the private sector in clean electricity, hydrogen production, critical minerals, and the electric-vehicle supply chain. Over the next 12 years, the government expects to spend m...
The government also is moving ahead with a new clean fuel standard — a plan to reduce the carbon intensity of fuels and energy use in Canada — but is dropping a push to put similar regulations on gaseous and solid fuels. The Canadian Associati...
California Gov. Gavin Newsom announced Monday that the state would renew a rebate program for electric vehicles if the incoming Trump administration eliminates the current federal tax credit. Newsomsaid in a press statementhe is proposing a new version of the state'sClean Vehicle Rebate ...
California Gov. Gavin Newsom announced Monday that the state would renew a rebate program for electric vehicles if the incoming Trump administration eliminates the current federal tax credit. Newsomsaid in a press statementhe is proposing a new version of the state'sClean Vehicle Rebate ...