Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions
Green Car Congress
MARCH 8, 2010
Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. million barrels per day, relative to 2008 levels. Purchase tax credits are an expensive way to reduce oil consumption and GHG emissions from transportation.
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