Frost & Sullivan
MAY 15, 2023
Under guidance released in April by the US Department of Treasury following the Inflation Reduction Act, effective April 18, 2023, only EVs that fulfill specific mineral sourcing and battery pack content requirements will qualify for tax credits. Subject to a price cap (i.e., Subject to a price cap (i.e.,
Frost & Sullivan
MAY 31, 2022
Emerging as an alternative credit payment approach, BNPL aims to meet the need of younger consumers who often have a limited credit history and low credit scores. billion by 2026 from $136.55 The global BNPL market is expected to reach $656.34
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IBM Business Partners
DECEMBER 12, 2023
In 2022, the Inflation Reduction Act amended the Clean Air Act and introduced new fines for methane leaks starting at USD 900 per metric ton of methane emissions in 2024, rising to USD 1,500 by 2026. billion levied in 2026, rising to USD 1.8 billion in 2028.
IBM Business Partners
MARCH 8, 2024
Wind and solar photovoltaic (PV) power generation are forecast to exceed nuclear power generation in 2025 and 2026, respectively. Other incentives encouraging the production and use of solar power include feed-in-tariffs , tax credits and auctions in which solar power providers compete on energy market price to win contracts.
Frost & Sullivan
AUGUST 10, 2023
which enables countries to sell credits (known as Internationally Transferred Mitigation Outcomes ) for any extra reduction that they have achieved beyond their target; and Article 6.4, which authorizes the implementation of diverse projects to reduce and offset carbon emissions, sold in the form of credits to any country, company, or person.
Frost & Sullivan
OCTOBER 12, 2023
Once the tariff is effective, importers will be required to not only be authorized to import carbon-intensive goods covered by the CBAM, but also participate in the trading of CBAM certificates to account for the emissions generated, either purchasing or surrendering allowances, priced according to the weekly auctions of EU ETS credits.
Frost & Sullivan
SEPTEMBER 26, 2023
The project aims to supply 300 kt of green hydrogen from 2026, which will increase to 5.5 USA – IRA 45Q tax credit is incentivizing all new projects, with a baseline amount of $17.0 million tonnes per year by 2045. The project will integrate up to 4GW of solar and wind energy to produce up to 1.2 per tonne of CO 2 stored and $17.0
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