MenuMENU
SearchSEARCH

Credits for EV-Charging Biofuels Challenged

Add-on to existing program would give manufacturers credits for charges using such sources.

May 1, 2023
Credits for EV-Charging Biofuels Challenged

Credits would be granted for EV charging using renewable gas- or methane-generated power.

Credit:

IMAGE: Pixabay/Pexels

1 min to read


A federal plan to grant electric-vehicle makers credits for charging vehicles with renewable gas-generated power could be delayed over legal challenges, Reuters reported.

The credits, which would also allow credits for methane gathered from landfills and cattle farms, would have been an automotive industry add-on to the existing U.S. Renewable Fuel Standard, Reuters said. The Environmental Protection Agency recommended the plan last year.

The standard mandates that oil refiners add biofuels to their fuels or purchase credits from fellow refiners that do so, Reuters said.

The government could split off the EV program from overall credit issue quotas, whose deadline is in June, in order to prevent legal challenges to the auto add-on from scuttling other credit quotas, the news service reported.

Reuters said the House of Representatives Energy and Commerce Committee has protested autos being added to the RFS program, saying it’s meant for liquid transportation fuel and not to electrify transportation, which is a goal of the Biden administration.

The EPA’s recommendation to add vehicles to the RFS estimated EV makers could get as many as 600 million credits next year, Reuters reported, a number that the agency expected to grow exponentially.

LEARN MORE: Biden Administration Awards $2.8 Billion for EV Battery Production

 

More Dealer Ops

F&Iby StaffApril 2, 2025

DOWC Powers the Future of F&I for NESNA

Company is providing a fully integrated F&I administration model to Nissan Extended Services North America’s dealer network.

Read More →
IndustryNovember 27, 2024

Six Powerful Questions

Take the time to answer these and lay the groundwork for a successful year-end.

Read More →
Dealer Opsby Hannah MitchellSeptember 19, 2024

Sunny Side Up

Many dealers are going green – both environmentally and cash-wise – by powering their stores with solar-generated electricity.

Read More →
Ad Loading...
IndustryAugust 26, 2024

Is It Time to Rethink Business Development Centers?

Their role at automotive dealerships is essential today to give salespeople time to close deals.

Read More →
Product & Technologyby Hannah MitchellAugust 22, 2024

A Backup Plan

DMS outage revealed a gap that dealers may want to fill.

Read More →
Dealer OpsAugust 20, 2024

Maximizing Revenue Potential

The strategic imperative for auto dealers is to prioritize F&I product sales and wealth-building in challenging times.

Read More →
Ad Loading...
IndustryAugust 7, 2024

How to Optimize Liquidity in a Fluid Environment

It's wise to not take your dealership's banking relationships for granted.

Read More →
IndustryJuly 29, 2024

Unlocking the Keys to Success

Why customer retention matters now more than ever

Read More →
Dealer Opsby StaffJuly 23, 2024

Store Names First Female Dealer Principal

Howard Bentley Buick GMC is now headed by Taylor Bentley Conner.

Read More →
Ad Loading...
IndustryJuly 18, 2024

Masters in Training

Rick McCormick preaches the wisdom of breaking into what he considers the top 3% of F&I managers with a stance of continuous development.

Read More →