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Tax
Electric Vehicles
Ferrari Sees Its First Electric Car Powering a Comeback in China
Ferrari NV is set to introduce its first fully electric supercar, the Elettrica EV, in October, aiming to revitalize sales in China by leveraging lower tariff a…
Electric Vehicles
Pony.ai, Uber Announce Global Partnership to Deploy Robotaxis Starting in the Middle East
On May 6, 2025, Pony.ai, an autonomous driving technology company, and Uber announced a strategic partnership to integrate Pony.ai’s Robotaxi services and…
Carbon Capture
US-UK Startups Debut ‘First’ Emissions and Carbon Capture System
STAX Engineering, a California-based maritime emissions control company, and Seabound, a UK-based onboard carbon capture firm, have successfully demonstrated an…
Methane
Vision RNG Closes $28.8 Million Sale of Investment Tax Credit Associated With Laurel Ridge RNG Project
On April 15, Vision RNG, a prominent developer of renewable natural gas (RNG) initiatives, completed the sale of the investment tax credit (ITC) from its Laurel…
Biofuel
Malaysia Keeps May Crude Palm Oil Export Duty at 10%, Lowers Reference Price
Malaysia has set its export tax for crude palm oil at 10% for May, according to a circular published on the Malaysian Palm Oil Board website on Tuesday. The cou…
Green Hydrogen
Energy Vault Secures $28M for World’s First Green Hydrogen Microgrid for PG&E
Energy Vault Holdings Inc., a company specializing in sustainable energy storage, has secured $28 million in project financing for its Calistoga Resiliency Cent…
Electric Vehicles
Toronto Excludes Tesla From EV Incentive Due to US Trade War
Toronto is no longer providing financial incentives for Tesla (TSLA.O), opens new tab vehicles purchased as taxis or ride shares due to trade tensions with the …
CCS
Perry Introduces Bill to Repeal 45Q Tax Credit
Rep. Scott Perry, R-Pa., on March 6 introduced the 45Q Repeal Act. The legislation aims to repeal the Section 45Q tax credit for carbon capture, utilization and…
SAF
Bill Aims to Extend, Expand Existing Minnesota SAF Tax Credit
The Minnesota Senate Taxes Committee on March 3 voted to approved legislation that aims to extend and expand the state’s existing tax credit for sustainab…
Biofuel
Malaysia Keeps March Crude Palm Oil Export Duty at 10%
Malaysia has maintained its March export tax on crude palm oil at 10%, and lowered its reference price, a circular on the Malaysian Palm Oil Board website showe…
SAF
CVR Pauses Development of Potential SAF Projects Pending Regulatory, Tax Credit Clarity
CVR Energy Inc. released fourth quarter financial results on Feb. 18, reporting reduced renewable diesel production. The company also said it is pausing develop…
Hydrogen Project
US Hydrogen Industry Calls on Congress to Preserve Vital 45V Tax Credit Amid Regulatory Uncertainties
In the context of ongoing budget negotiations, the US hydrogen industry has made a strong appeal to congressional leaders, urging them to retain the Section 45V…
Hydrogen Project
Australia Passes Future Made Production Tax Credits, Including Incentive for Renewable Hydrogen
The Australian Government's Future Made in Australia (Production Tax Credit and Other Measures) Bill 2024 passed the Senate.This legislation implements prod…
Electric Vehicles
Lyft Could Roll out Robotaxis in Texas Next Year
Lyft has announced plans to launch robotaxi services in Dallas, Texas, by 2026, following its partnership with Mobileye, a leader in autonomous driving technolo…
Electric Vehicles
Senators Propose Killing US EV Tax Credit, New $1,000 Tax for Road Repairs
A Tesla electric vehicle uses a supercharging station in Union City, New Jersey, U.S., July 23, 2024.U.S. Senate Republicans on Wednesday proposed a pair of bil…
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