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Oil & Gas Trade
UK's Hunt Extends Energy Windfall Tax by One Year to 2029
British Chancellor Jeremy Hunt speaks to members of the media during a visit to a builders warehouse in London, Britain, March 6, 2024. Kirsty Wigglesworth/Pool…
Oil Price
Indian Government Hikes Windfall Tax on Petroleum Crude
A man pours petrol into an underground tank at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing RightsTh…
Renewable Energy
Engie raises $1 billion in tax equity financing for US renewables
The logo of Engie is seen during the company's annual general shareholders meeting in Paris, France, April 26, 2023. REUTERS/Sarah Meyssonnier/File Photo Pu…
Electric Vehicles
GM Says Cadillac Lyriq Again Qualifies for $7,500 US EV Tax Credit
The Cadillac all-electric 2023 Lyriq is displayed during a media day of the North American International Auto Show in Detroit, Michigan, U.S. September 14, 2022…
Green Hydrogen
US Administration Sets Out Rules for Clean Hydrogen Credits
The White House says its tax credit incentive stands to be the most consequential policy supporting the deployment of clean hydrogen in US history - but stipula…
Electric Vehicles
Hyundai Unveils Its Electric Air Taxi at CES, Which Could Be Powered by Solid-State Batteries
Would you ride in Hyundai’s electric flying taxi? Hyundai’s advanced air mobility company, Supernal, unveiled its electric flying taxi at CES Tuesda…
Photovoltaic (PV)
Brazil Penalizes the Import of Photovoltaics
The increase in the import tax on photovoltaic solar panels, announced by Brazil in 2023, puts at risk the installation of 18 GW of solar plants, responsible fo…
Solar project
First Solar to Sell Up to $700M in 45X Tax Credits
First Solar's module manufacturing facility in Ohio (Courtesy: First Solar)In what both sides are calling the first significant credit transfer of its kind …
Hydrogen Production
Treasury, IRS Issue Proposed Regulations for Ira's Clean Hydrogen Production Tax Credit
The U.S. Treasury Department and International Revenue Service on Dec. 22 released proposed regulations for the clean hydrogen tax credit created by the Inflati…
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…
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