Tax

Electric Vehicles
Kentucky Electric Cars Now Pay Two Taxes Where Gas Cars Only Pay One
As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on …
Crude Oil
India Hikes Windfall Tax on Crude Oil
Oil tankers are seen parked at a yard outside a fuel depot on the outskirts of Kolkata February 3, 2015. Picture taken February 3, 2015. REUTERS/Rupak De Chowdh…
Solar Power Plant
First Solar to Sell Up to $700 Million in IRA Tax Credits to Fiserv
Miniatures of solar panel and electric pole are seen in front of First Solar logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration A…
Green Hydrogen
ACP Statement on Administration Guidance for Green Hydrogen Tax Credits
The American Clean Power Association (ACP) released the following statement from ACP Chief Executive Officer Jason Grumet after the U.S. Treasury Department rel…
Hydrogen Production
Hydrogen Tax Credit Plan Unveiled as Biden Administration Tries to Jump Start Industry
FILE - Hydrogen storage tanks are visible at the Iberdrola green hydrogen plant in Puertollano, central Spain, March 28, 2023. The Biden administration on Frida…
Electric Vehicles
Tesla Signals Model Y Also Losing Full $7,500 Tax Credit
Tesla is signaling that along with two trims of Model 3 losing all their federal tax credit next year, Model Y is also likely to lose part of the tax credits.Ju…
Hydrogen Production
Rethinking Federal Investments: We Need Virtual Power Plants, Not Hydrogen Hubs
(Solar rooftop homes in Austin, Texas. Image: 123rf)The Department of Energy is providing taxpayer money to electric utilities like Xcel Energy to set up Hydrog…
Solar Power Plant
Brazil to Resume Import Taxes on Solar Panels, Wind Turbines
An employee works among solar panels of Bemol Solar plant outside Manaus, Amazonas state, Brazil August 23, 2021. Picture taken August 23, 2021. REUTERS/Bruno K…
Electric Vehicles
Japan Plans Tax Breaks for 10 Years to Boost EV, Chip Production - Nikkei
The Japanese government is planning to offer tax incentives for a decade to boost mass production in five areas including electric vehicle (EV) production and s…
Biofuel
Canada to Make Waste Biomass Eligible for 2 Clean Energy Tax Credits
The Government of Canada on Nov. 21 announced plans to allow systems that utilize waste biomass to produce heat and/or electricity to claim the country’s …
Electric Vehicles
Pony.ai Nabs Another License to Test L4 Autonomous Trucks on China's Open Roads
After years of expanding autonomous robotaxi rides throughout China, self-driving specialist Pony.ai continues to scale its technology in another segment &ndash…
Microgrid
Feds Seeking More Clarity Around Eligibility of Microgrid Controllers for Tax Credits
The U.S. Department of the Treasury and Internal Revenue Service (IRS) are clarifying and seeking input for what qualifies a microgrid project for access to mor…
Offshore Wind Power
UK's Octopus Energy Launches $3.7 Bln Offshore Wind Fund With Tokyo Gas
Britain's Prime Minister Boris Johnson poses for photographs with a branded electric taxi as he visits the headquarters of Octopus Energy, in London, Britai…
Electric Vehicles
Pony Unveils First BEV Robotaxi Concept in Collaboration With Toyota
In August, Pony.ai and Toyota announced they would form a joint venture to advance the future mass production and large scale deployment of fully driverless rob…
Oil & Gas Trade
Russia to Lose $4 Bln Tax Take as It Reverses Cut In Refining Subsidy
Russia's hasty restoration of a "damper" subsidy for oil refiners will not only cost the state budget 400 billion roubles ($4.3 billion) in subsidies this y…

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Tax

Kentucky Electric Cars Now Pay Two Taxes Where Gas Cars Only Pay One

India Hikes Windfall Tax on Crude Oil

First Solar to Sell Up to $700 Million in IRA Tax Credits to Fiserv

ACP Statement on Administration Guidance for Green Hydrogen Tax Credits

Hydrogen Tax Credit Plan Unveiled as Biden Administration Tries to Jump Start Industry

Tesla Signals Model Y Also Losing Full $7,500 Tax Credit

Rethinking Federal Investments: We Need Virtual Power Plants, Not Hydrogen Hubs

Brazil to Resume Import Taxes on Solar Panels, Wind Turbines

Japan Plans Tax Breaks for 10 Years to Boost EV, Chip Production - Nikkei

Canada to Make Waste Biomass Eligible for 2 Clean Energy Tax Credits

Pony.ai Nabs Another License to Test L4 Autonomous Trucks on China's Open Roads

Feds Seeking More Clarity Around Eligibility of Microgrid Controllers for Tax Credits

UK's Octopus Energy Launches $3.7 Bln Offshore Wind Fund With Tokyo Gas

Pony Unveils First BEV Robotaxi Concept in Collaboration With Toyota

Russia to Lose $4 Bln Tax Take as It Reverses Cut In Refining Subsidy