Politics
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We've said it before, and we'll likely say it again: We love a good infographic (here, here, and here, for instance). Today's example covers what makes up the price of each gallon of gasoline that you buy. Not surprisingly, it includes the cost of the actual refined hydrocarbon that originated as dead dinosaurs (or other organic matter) deep below the surface of the earth and was located, extracted, transported, refined, transported again, and pumped into an underground tank before it sloshed into your car. Crude oil makes up about two-thirds of the cost, and refining adds another 12 percent...
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GM Riles CA Electric-Car World (Again) Over AB475 'Charger Sharing' BanCalifornia's electric-car advocates are often "true believers," and they can be single-minded in the pursuit of what they believe is right. But the nuts-and-bolts experience they've gained during the state's 15 years of electric-car use can be invaluable--which is why policy-makers and car...
John Voelcker -
Forget The Planet: Electric Cars Are Energy Security, Lobbying Group SaysFresh off our piece yesterday looking at different motivations for buying plug-in cars comes more proof that it's not just early adopters and uber-greens who think driving electric makes sense. Industry trade journal Automotive News (behind a paywall, unfortunately for our readers) has published a...
John Voelcker -
Will CA Still Have Electric Car Rebates? Today Is Judgement DayAs we reported back in December last year and again last month, California’s $4.1 million Clean Vehicle Rebate Project has now run out of money. If you’re one of the early adopters who has been lucky enough to buy a 2011 Nissan Leaf, or 2011 Tesla Roadster in the state since 2010 you...
Nikki Gordon-Bloomfield -
Did U.S. Senate Cut Deal To End Ethanol Subsidies After All?Almost three weeks ago, the U.S. Senate voted to end subsidies for production of ethanol, the alternative fuel that is largely refined from domestically-grown corn. At the time, conventional wisdom had it that this was a safe move. Because the subsidies were attached to a stalled economic...
John Voelcker -
E15 Gas Warning Label Coming Soon To Pumps Near You, MaybeThey're not pretty, but they should catch your attention. Yesterday, the Environmental Protection Agency issued its design for a warning label to be placed on so-called pumps that dispense the new gasoline blend, which contains a higher ethanol content. Although the legal status of E15 gasoline may...
John Voelcker -
Gas prices go up and down, lately more up than down. Today, however, the U.S. government has decided to release a portion of its strategic petroleum reserve, just as crude-oil prices continued a decline that started several weeks ago. Gas prices vary enormously from state to state, due to geography--it costs a lot to get liquid fuel to Alaska and Hawaii--specialized blends in some states, and the evil T-word that's such a hot button in national and local politics these days. That would be TAXES. The nifty little tool below will let you see how much of the price per gallon you pay in your...
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U.S. Senate Votes To End Ethanol Subsidies; They'll Continue AnyhowThe once-unthinkable actually happened last Thursday: The U.S. Senate voted 73-27 to abolish a 45-cents-per-gallon subsidy to the U.S. ethanol industry. Immediately. Because the amendment to end ethanol credits is attached to a stalled economic development bill, however, it will have little...
John Voelcker -
Why Buy Electric Cars? Iraq Vet Says: For National SecurityMost Nissan Leaf owners are passionate about their electric cars, especially the earliest ones who've already taken delivery. But not all of them have served three tours of military duty, including service in Iraq and Afghanistan. Tim Goodrich was posted to Afghanistan as an avionics technician...
John Voelcker -
Gas Taxes Should Go Up To Boost Green-Car Sales, Says GM CEO AkersonThe CEO of General Motors, Dan Akerson, told a Detroit newspaper that the Federal tax on gasoline should be raised by 50 cents or $1 a gallon to encourage consumers to buy more fuel efficient vehicles.. In an interview last week with the Detroit News, Akerson said a higher gas tax should be part of...
John Voelcker -
Cleaner Cars Save You Gas, Also Save Lives, Cut Health CostsCars that consume less fuel have many benefits, including lower gasoline costs. Now it turns out that they also bring significant public-health benefits, reducing health-care costs and premature deaths from cardiopulmonary causes. The challenge is that the costs and benefits aren't equally spread...
George Parrott -
China In 2050: 350 Million Vehicles, Many Electric Cars...And Gasoline Exports?The big unknown in global efforts to reduce carbon emissions is China. It is industrializing at a rapid pace, and a burgeoning middle class has savings galore to spend on its first automobiles--including luxury European brands. By some estimates, the world's current 800 million vehicles will grow...
John Voelcker -
It's ironic that as the world becomes more interconnected, America is trying to become more independent. Nowhere is that more obvious than in our energy policy, where we talk a lot about the dangers of depending on foreign oil and the importance of generating our own energy. A new bill moving through the California legislature offers a new way of creating that energy -- and it uses our cars to provide it. The bill sets up a pilot program on California roads to study piezoelectric generation -- which in this case is a very fancy way of saying energy created from vibrations. The program would...
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Taking Advantage Of Your IRS Mileage: Hybrid Cars Can HelpThis week is the heart of tax time. If you're like many other taxpayers or a small businessperson, right about now you're looking up the 2010 mileage rate that the IRS lets you use when deducting personal-vehicle use as a business expense. So here's the answer: The IRS mileage rate is 50 cents per...
John Voelcker -
Obama Seeking Rebates Instead Of Tax Credits For Electric Car BuyersCurrently, buyers of electric cars receive a $7,500 tax credit that they can only realize once they file their taxes, often up to a year after they actually make their purchase. Without a doubt, this has limited the effectiveness of the incentive so it’s not surprising to hear there are many...
Viknesh Vijayenthiran -
Senator Stabenow: $7,500 Electric-Car Credit Should Be RebateIt's long been known that purchase rebates--buy a car, get a check--are a more effective incentive for purchase of any kind of car than an income-tax credit, which may take a year or more to affect the buyer's cash position. But the current tax credits for purchase of plug-in cars, up to $7,500 for...
John Voelcker -
Congressmen Propose Lifting Number Of Vehicles Eligible For EV Tax CreditsHot on the heels of President Barack Obama’s pledge of support for expanding U.S. production and sales of plug-in electric cars in his State of the Union address earlier this week, comes more support for the zero emission vehicles from a pair of Michigan Democrats. Brothers Rep. Sander M...
Viknesh Vijayenthiran -
House Republicans Ask Automakers Which Regulations To KillThe U.S. Congress began its 111th session this week, and the new Republican majority in the House clearly wants to change the regulatory tenor of the U.S. government. Automakers and their trade groups were among more than 150 entities who have already received a letter from Representative Darrell...
John Voelcker -
As recently as last week, it became apparent that the current federal 50 percent incentive towards the cost of installing an electric car charging station would expire on the 31st December this year. This would be particularly bad news to the vast majority of upcoming EV owners, many of whom haven't taken delivery yet, and thousands more potential owners would also lose out should they wish to install charging points in their homes. With 2011 expected to see a jump in the number of EV owners, the end of the incentive scheme looked like it was coming far too soon. Today brings good news for...
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2011 Hyundai Sonata Hybrid Delayed A Month, Misses Tax CreditThe U.S. launch of the 2011 Hyundai Sonata Hybrid has slipped a month, just enough to preclude buyers from taking advantage of a $1,300 Federal tax credit that expires December 31. According to Hyundai, the first cars will now reach dealers in January or perhaps later, rather than in early or mid...
John Voelcker -
On Heels of SF Giants Win, CA Prop 23 Notches Another Victory Over TexasProposition 23 was defeated last night, putting an end to a much ballyhooed piece of cleantech-stopping legislation that was also causing some qualms in the venture capital community. The proposal would have halted California’s AB 32 law, which requires the state to roll back greenhouse...
VentureBeat's GreenBeat -
Chrysler To Tap Federal Money--This Time, for Green CarsChrysler may join Nissan, Ford, Fisker and Tesla in winning a share of federal loans to convert old factories to greener-car production. Automotive News reports that Chrysler has applied to the Department of Energy for approximately $10 billion in low-interest loans, to be used for retooling...
Martin Padgett -
How To Pay Just $12,280 For A Brand-New 2011 Nissan Leaf Electric CarAll the different incentives to purchase electric cars can be confusing. But if all the stars align and you're the lucky person who can take advantage of multiple incentives, there’s a slim chance that you could buy a brand-new 2011 Nissan Leaf for a mere $12,300. Here’s how it works...
John Voelcker -
California, Massachusetts Named Most Energy-Efficient StatesCalifornia, Massachusetts and Oregon have been named the top-rated states for energy efficiency, while New York, Vermont, Washington, Rhode Island, Connecticut, Minnesota, and Maine rounded out the top ten. That's according to the annual State Energy Efficiency Scorecard report from the American...
Bengt Halvorson