IRS won't, or can't, reveal how many plug-in vehicle tax credits are left
The IRS has set up a page to help track individual automaker sales figures, but it's a complete mess.
The IRS has set up a page to help track individual automaker sales figures, but it's a complete mess.
Buried in the health car reform legislation is a mention of a paper-making byproduct known as "black liquor." This substance, a wood-pulping byproduct, is utilized as a biofuel to generate electricity for paper-making companies throughout the U.S. Up until now, companies utilizing this black substance could claim a hefty tax credit related to the use of biofuels for production purposes.
Biodiesel has had a tough time of it lately. By the end of 2009 the economy was in the crapper, exports to Europe had withered under heavy tariffs and the price of gasoline and petroleum diesel fuel had dropped substantially from their peak the year before. The finishing move cam
2011 Chevrolet Volt – Click above for high-res image gallery
Know the difference between a tax rebate and a tax credit? They may seem like the same thing – paying fewer taxes – but there's a big difference. A credit is something you get back when you file your taxes and a rebate, in this case an instant cash rebate, is money you'd get back when you buy the item. A new electric car, for example.
The U.S. federal government has put a lot of money into clean car companies this past year, including about $8.5 billion through U.S. Department of Energy's Advanced Technology Vehicle Manufacturing Program (Ford got $5.9 billion, Nissan $1.6 billion, Sebastian Blanco
Darryl Siry, who once worked for Tesla Motors and currently advises Coda Automotive with their all-electric sedan, has started writing for WIRED's Autopia blog. In his first post out of the gate, Siry leaves technical EV details aside and suggests some policy changes. Siry wants enhancements to the federal government's of
Looking for an easy tax credit? Look no further than the U.S. tax credits for hybrid vehicles. While the program's days are numbered, our friends over at Treehugger tell us that the program isn't extinct yet.