The new Inflation Reduction Act aims to arrest climate change by providing incentives for everything from solar panels to heat pumps to new windows to electric stoves. getty On August 16, President Jo...
Tag: Credits
Crypto Tech Firm BlockFills to Offer ESG Credits to Miners
Elliot David, head of strategy and partnerships at Sustainable Bitcoin Protocol, a company that is developing an on-chain product for miners looking to certify their energy use, said that “unles...
Clean Energy Tax Credits Could Double Deployment
The Inflation Reduction Act (IRA) is the most significant climate legislation in United States history. Energy Innovation Policy and Technology LLC® modeling finds the IRA’s $370 billion in climate an...
EV Tax Credits: Big Changes For Electric Vehicle Subsidies — What You Need To Know
Changes to tax perks for buyers of electric vehicles are coming. But the new EV tax credits come with complex rules that will significantly restrict which vehicles qualify, leaving consumers and auto ...
Inflation Reduction Act promises tax credits for EVs — here’s how to claim them
Your new electric car may land you a $7,500 tax credit now that the Inflation Reduction Act — designed to fight climate change and inflation — has been signed into law by President Biden. But the new ...
These Are The EVs And PHEVs That Still Qualify For Federal Tax Credits Through 2022
Woefully few electric vehicles will still qualify for a federal tax credit under the Inflation … [+] Reduction Act. getty As part of a massive tax, climate, and health-care bill signed into law ...
What car buyers should know about the coming tax credits for EVs
An electric vehicle at a charging station at Chula Vista City Hall in March 2021. The Inflation Reduction Act includes tax credits for the purchase of electric vehicles. (Rob Nikolewski / San Diego Un...
Inflation Reduction Act EV tax credits could hurt sales
Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV ow...
El Salvador President Credits Bitcoin For Tou…
President Nayib Bukele has been gushing about the effects of the country’s Bitcoin policies on its tourism industry. El Salvador’s Bitcoin-Tourism Despite the ongoing bear market, it looks like El Sa...
Texas miner earned $9.5M in power credits while mining 318 BTC
Riot Blockchain, one of Texas’s largest Bitcoin mining operations, earned around $9.5 million in power credits last month by turning off its miners. According to the company’s monthly report, Riot vol...
Health Insurers And 13M Enrollees Cheer Senate’s Extension Of Obamacare Credits
The U.S. Senate Sunday, Aug. 7, 2022, passed the Inflation Reduction Act, which expands tax credits … [+] to buy individual coverage under the Affordable Care Act for millions Americans. This vo...
Big Wind And Big Solar Will Collect $113 Billion In Tax Credits This Decade, Manchin-Schumer Assures Billions More
The reconciliation bill now pending in Congress, known as Manchin-Schumer, (or Schumer-Manchin) … [+] assures that the lavish federal tax credits for wind- and solar-energy become permanent. (Th...
Democrats’ Bill Would Allow Auto Dealers To Claim Clean Vehicle Tax Credits
Democrats’ new clean energy package would allow auto dealers to collect the electric vehicle tax … [+] credit directly. getty The recently proposed Congressional Inflation Reduction Act of...
Are Embryos Dependents? New Georgia Policy Latest Anti-Abortion Effort To Give Tax Credits During Pregnancy
Topline The Georgia Department of Revenue now classifies any embryo or fetus with cardiac activity as a dependent eligible for child tax credits, part of a broader effort among anti-abortion advocates...
How Democrats’ New Budget Deal Boosts Tax Credits For Renewable Electricity Production
PALM SPRINGS, CALIFORNIA – FEBRUARY 27, 2019: Wind turbines generate electricity at the San Gorgonio … [+] Pass Wind Farm near Palm Springs, California. Located in the windy gap between So...
Electric Vehicle Tax Credits Likely To Get New Life And A Manchin Makeover
Sen. Joe Manchin talks with the media after a hearing on hydrogen pipelines CQ-Roll Call, Inc via Getty Images In a major win for automakers and future electric vehicle buyers, tax credits for the pur...
Toyota used up all its EV tax credits on hybrids
Toyota has reached the 200,000-unit cap on electric and plug-in-hybrid vehicles that are eligible for a federal tax credit of $7,500. While the Japanese automaker does have exactly one electric vehicl...
Toyota joins Tesla and GM in phaseout of federal electric vehicle tax credits
A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC Toyota Motor said it sold its 200,000th plug-in electric vehicle during the second quarter, triggering a phaseout ...
Stablecoin Of ANZ Made Use For Tokenized Carbon Credits Purchase
Another important trial of use cases of the stablecoin A$DC comes up in the local economy. The recent transaction witnessed Victor Smorgon use the stablecoin to buy the Australian Carbon Credit....
ANZ’s stablecoin used to buy tokenized carbon credits
ANZ’s stablecoin A$DC has been used to buy Australian tokenized carbon credits, marking another critical test of the asset’s use cases in the local economy. In March, the “Big Four” bank became the fi...
Not All Carbon Credits Are Created Equal. Here’s What Companies Must Know
JANSCHWALDE, GERMANY – NOVEMBER 24: A loan wind turbine spins as exhaust plumes from cooling towers … [+] at the Jaenschwalde lignite coal-fired power station, which is owned by Vatenfall,...
Carbon Credits can be Used by Poor Farmers to Get Climate Insurance
Carbon credits for farmers can help uninsured farmers to get good climate coverage says Jan Stockhausen, Chief Legal Architect at Etherisc Climate change is intensifying global weather disasters, and ...
FCO: the Green Token that revolutionizes Carbon Credits
Fight The Co2 (FCO) revolutionizes the Carbon Credits market with the support of the technology of the future: the blockchain. People and, more specifically, globalization are the main culprits of the...
Fadey, a Ukrainian Refugee, Credits Bitcoin with Saving His Life
Fadey – a 20-year-old refugee from Ukraine – discussed in a recent interview how he escaped his native country with only $2,000 worth of cryptocurrency on a USB port. Fadey Believes Bitcoin Helped Him...
Chinese Real Estate Giant Partners With Singapore Exchange On Cross-border Digital Carbon Credits
Greenland Group, a real estate giant backed by the Chinese state, has collaborated with MetaVerse Green Exchange (MVGX), a Singapore-based digital securities exchange through its financial arm, in ord...
JustCarbon and Likvidi’s new Carbon credits are ready to go live- know why is this important
Likvidi and JustCarbon both announced the launch of tokenized carbon credit trading systems. The system allows participants to sell greenhouse gas emissions and reduce their carbon footprints. The two...
“Tinder Swindler” Credits Bitcoin Profits For Lavish Lifestyle
Simon “Tinder Swindler” Leviev has denied allegations of scamming multiple women, claiming that his luxurious, high-paced lifestyle was funded by the profits from Bitcoin investments. Banking On “BTC...