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Energy Taxation
Biden Tax Plan Replaces U.S. Fossil Fuel Subsidies with Clean Energy Incentives
Linked to the $2.3 trillion infrastructure package, it is part of wider plan that includes boosting the corporate income tax rate from 21% to 28%.
Energy Taxation
Biden Proposes Energy Tax Credit Extension
Benefit to apply to power generation and storage in the US
Energy Taxation
Biden Proposes Energy Tax Credit Extension
Benefit to apply to power generation and storage in the US
Energy Taxation
Transmission Tariffs for Scottish Onshore Wind Generators Continue to Rise
This is an increase of 180% in nine years where costs stood at £0.46 million in 2016-17.
Energy Taxation
Basic Customs Duty Expected to Increase Solar bid Tariffs by up to 50 Paise per Unit: ICRA
Basic customs duty of 25 per cent and 40% on imported solar cells and modules, respectively, is likely to result in an increase in solar tariffs.
Coal Gasification
Indonesia LPG Imports to Fall Sharply by 2025 as Coal Gasification Ramps up
Under a new presidential regulation last month, coal gasification features on a "priority" investment list, which offers incentives such as tax allowances or ta…
Hydrogen Project
Tacoma Power’s Electrofuels Tariff goes into Effect from April
Tacoma Power’s new electrofuel tariff will go into effect from 1st April, making Tacoma, Washington the perfect place for the production of green hydrogen.
Joe Biden
Biden Administration Backs Trump on Solar Tariff Suit
The new administration asked a federal judge to dismiss a challenge to Trump’s tariffs on imported solar.
Energy Subsidies
Australia Won't Subsidise Electric Vehicles
The approach is in stark contrast with Norway, which has promoted clean cars through tax breaks, resulting in battery EVs making up 54 per cent of new cars sold…
Crude Oil
Belarus to Raise Export Duties on Oil
Belarus will raise export duties on oil and oil products for destinations outside the Eurasian Economic Union, on Feb. 1, 2021, the government said in a stateme…
Crude Oil
Make in India Boost, Oil Cess may be Halved
The government may give a 'Make in India' push to oil and gas explorers, as it is considering a proposal to almost halve cess on domestic crude oil to encourage…
Energy Subsidies
CAMEROON: the Maroua and Guider Solar Power Plants Tax-Exempt
The future photovoltaic solar power plants in Maroua and Guider will be tax-exempt for 10 years.
Cooperation case
Chile Unveils Plan to Spur Electromobility with Chinese-Made Electric Taxis
The Chilean government on Tuesday unveiled a plan to encourage transition from fossil-fuel taxis to electric-powered ones, with the participation of Chinese com…
Biobattery
Trump Signs COVID-19 Relief, Tax Extenders Package
After a nearly week-long delay, President Trump on Dec. 27 signed a legislative package that includes tax extenders, $900 billion in COVID-19 relief and governm…
Energy Subsidies
US Congress Passes Five-Year Offshore Wind Tax Credit
The U.S. Congress has passed a year-end spending package which includes a provision that would extend the Tax Credit for offshore wind facilities at 30% through…
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