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To: shove_it

Maybe the same as:

Alternative Fuel Excise Tax Credit
http://www.afdc.energy.gov/laws/law/US/319

A tax incentive is available for alternative fuel that is sold for use or used as a fuel to operate a motor vehicle. A tax credit in the amount of $0.50 per gallon is available for the following alternative fuels: compressed natural gas (based on 121 cubic feet), liquefied natural gas, liquefied petroleum gas, P-Series fuel, liquid fuel derived from coal through the Fischer-Tropsch process, and compressed or liquefied gas derived from biomass. For an entity to be eligible to claim the credit they must be liable for reporting and paying the federal excise tax on the sale or use of the fuel in a motor vehicle. Tax exempt entities such as state and local governments that dispense qualified fuel from an on-site fueling station for use in vehicles qualify for the incentive.

(P-Series fuels are a family of renewable, non-petroleum, liquid fuels that can substitute for gasoline. It is a mixture of ethanol, methyltetrahydrofuran (MeTHF), “pentanes-plus”, and butane. The formulas can be adjusted for cold weather and for ‘premium’ blends.)

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Also:

Biodiesel Mixture Excise Tax Credit
http://www.afdc.energy.gov/laws/law/US/395

A biodiesel blender that is registered with the Internal Revenue Service (IRS) may be eligible for a tax incentive in the amount of $1.00 per gallon of pure biodiesel, agri-biodiesel, or renewable diesel blended with petroleum diesel to produce a mixture containing at least 0.1% diesel fuel. Only blenders that have produced and sold or used the qualified biodiesel mixture as a fuel in their trade or business are eligible for the tax credit. The incentive must first be taken as a credit against the blender’s fuel tax liability; any excess over this tax liability may be claimed as a direct payment from the IRS.

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There are so many, and sometimes the names changes on the renewals, that it is hard to keep track of them all:

Federal Laws and Incentives
http://www.afdc.energy.gov/laws/fed_summary


61 posted on 03/01/2013 5:26:46 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney

OMG! What a list - there sure is a bunch of ‘em. Anyhow, disregard my stock advice - the market will open low but if CLNE goes below $12, I’m gonna’ put my toe back in.

Re my #59, the last time I said that in my heart I knew something was right, I voted for AuH2O and we know how that turned out.


62 posted on 03/01/2013 6:13:34 AM PST by shove_it (Long ago Huxley, Orwell and Rand warned us about 0banana's USA.)
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To: thackney

More on CLNE:

http://www.fool.com/investing/general/2013/02/27/whats-holding-back-natural-gas-vehicles.aspx


63 posted on 03/01/2013 6:22:27 AM PST by shove_it (Long ago Huxley, Orwell and Rand warned us about 0banana's USA.)
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