Tag Archives: tax breaks for alternative fuels

The Falling Costs of Electric Vehicles

2013 Nissan Leaf

The 2013 Nissan LEAF. Photo courtesy of Nissan.

What if you could drive an electric vehicle for virtually nothing? In some states, this is actually possible, as a recent Wall Street Journal article reports. Several car companies are offering discount leases this year, the federal government offers a $7,500 tax credit, and several states offer additional credits and incentives. Learn how Georgia resident Bronson Beisel, fared on a lease for a new Nissan Leaf, and what other companies are offering.

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7 Ways The American Taxpayer Relief Act of 2012 Benefits Alternative Fuels

Photo Credit: inajeep via Compfight cc

The American Taxpayer Relief Act of 2012 included several incentives that benefit the alternative fuels industry through the end of 2013. The credits will help lower the price of alternative fuels and make them more competitive with fossil fuels, as well as help start-ups grow their businesses.

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By the Numbers

Currently 50 million households suffer from food insecurity, meaning that family members cannot always meet their basic food needs.

10 million people a year could be fed through the recovery of just one-fifth of food waste.

Only 2% of food waste is composted or otherwise recycled—62% of paper is recycled.

Consumers throw out about 40% of the fresh and frozen fish they buy.

The U.S. produced 208 pounds of meat per person in 2009—60% more than Europe.

Low income commuters spend a much higher proportion of their wages on gas—8.6% versus 2.1% at $4 per gallon.

Food prices rose 35-40 percentage points between 2002–2008.

Americans consume 25% of the world’s produced oil, but our nation holds less than 3% of the world’s proven oil reserves.

The International Energy Agency says greenhouse gas emissions rose 3.2% last year, with a 9.3% increase in China offsetting declines in the US and EU.

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