From the LA Times, December 24, 2010, page B1:
California consumers counting on a $5,000 state rebate for purchasing a coal-powered car may be in for a shock: the money may not be there when they go to collect.
The state has only $8 million left to pay for rebates for coal-powered cars. That's enough to pay out incentives to about 1,600 buyers, but that is well below the expected pace of sales for vehicles such as the Nissan Leaf, which is just now hitting the market. The funds are not expected to last past mid-2011, and the state of California's budget means that the state is unlikely to provide more funding.
According to the Nissan website, the Leaf has a manufacturer's recommended sales price of $32,780 which may qualify for a federal credit anywhere from $0 to $7,500, and as noted above, a California rebate of up to $5,000.
By the way, a Californian will pay state sales tax based on the price of the car before the rebate or credit. The LA Times estimates that to be about $1,200 in sales tax, due at time of sales, whereas one won't see the tax credit until they file their taxes, in some cases, almost a year later.
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Friday, December 24, 2010
EPA To Take Over Greenhouse Gas Permits in Texas -- Not a Bakken Story
Merry Christmas! From the LA Times, dated December 24, 2010, page AA2:
(Since North Dakota was not mentioned in the article, it sounds like North Dakota will comply with the EPA's mandate.)
The Environmental Protection Agency announced Thursday (yesterday) that it was taking the unprecedented step of directly issuing air permits to Texas industries, citing the state's unwillingness to comply with greenhouse gas regulations that take effect January 2, 2011.Sounds like a face-off.
EPA officials indicated that they were taking over Clean Air Act permits for greenhouse gas emissions because "officials in Texas have made clear ... they have no intention of implementing this portion of the federal air-permitting program."
Comment: Even before the regulation goes into effect, the federal government takes a preemptive shot across the bow. The story goes on to say that the EPA plans to issue greenhouse gas permits in Arizona, Arkansas, Florida, Idaho, Kansas, Oregon and Wyoming. But those states have indicated they were revising their permitting process to comply with greenhouse gas emission regulations.
(Since North Dakota was not mentioned in the article, it sounds like North Dakota will comply with the EPA's mandate.)
Merry Christmas -- Sort Of --
To My Politically-Correct Friends:
Please accept with no obligation, implied or explicit, my best wishes for an environmentally conscious, socially responsible, low-stress, non-addictive, gender-neutral celebration of the winter solstice holiday, practiced within the most enjoyable traditions of the religious persuasion of your choice, or secular practices of your choice, with respect for the religious/secular persuasion and/or traditions of others, or their choice not to practice religious or secular traditions at all. I also wish you a fiscally successful, personally fulfilling and medically uncomplicated recognition of the onset of the generally accepted calendar year 2011 but not without due respect for the calendars of choice of other cultures whose contributions to society have helped make America great. Not to imply that America is necessarily greater than any other country nor the only America in the Western Hemisphere. Also, this wish is made without regard to the race, creed, color, age, physical ability, religious faith or sexual preference of the wishee.
To All My Other Friends:
Merry Christmas and a Happy New Year!
(This was not original; it is a "cut and paste" from a note I was sent, modified slightly so as not to insult anyone, which it still might do. If it does, I apologize.)
Please accept with no obligation, implied or explicit, my best wishes for an environmentally conscious, socially responsible, low-stress, non-addictive, gender-neutral celebration of the winter solstice holiday, practiced within the most enjoyable traditions of the religious persuasion of your choice, or secular practices of your choice, with respect for the religious/secular persuasion and/or traditions of others, or their choice not to practice religious or secular traditions at all. I also wish you a fiscally successful, personally fulfilling and medically uncomplicated recognition of the onset of the generally accepted calendar year 2011 but not without due respect for the calendars of choice of other cultures whose contributions to society have helped make America great. Not to imply that America is necessarily greater than any other country nor the only America in the Western Hemisphere. Also, this wish is made without regard to the race, creed, color, age, physical ability, religious faith or sexual preference of the wishee.
To All My Other Friends:
Merry Christmas and a Happy New Year!
(This was not original; it is a "cut and paste" from a note I was sent, modified slightly so as not to insult anyone, which it still might do. If it does, I apologize.)
China's Oil Demand Hits Record in November
Link here.
Meanwhile, the moratoria continue on drilling around the US, and weather is going to adversely affect Bakken production in December.
OPEC target: $100 oil.
Reiterated, OPEC target: $100 oil.
Meanwhile, the moratoria continue on drilling around the US, and weather is going to adversely affect Bakken production in December.
OPEC target: $100 oil.
Reiterated, OPEC target: $100 oil.