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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

Green Car Congress

Other elements of the PBR to support lower-carbon transportation include: The PBR 2009 confirms that—as announced at Budget 2009fuel duty will increase by one penny per liter (US$0.06 The 2009 Pre-Budget Report announces that the duty differential will continue for biofuels made from used cooking oils for two years.

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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

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. While CO 2 prices are equivalent to fuel taxes, CO 2 prices at their projected levels are far too small to create a significant incentive to drive less.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

Based on our current projections, the well-to-wheel emissions advantage of EVs over ICE-propelled vehicles, currently estimated at 40 to 60 percent, will fall to 30 to 50 percent in 2020 as advances in ICE technologies narrow the gap and power generation from clean non-fossil fuels continues to grow slowly in most regions. Source: BCG.

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Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

Green Car Congress had the opportunity recently to have a discussion with Mark Donaghy, the Global Marketing Manager for Valence Technology, Inc., Green Car Congress had the opportunity recently to have a discussion with Mark Donaghy, the Global Marketing Manager for Valence Technology, Inc., gallon in January 2009.

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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

The obvious one is increased fuel taxes, but somehow governments need to make sure the benefits of better technology aren’t wiped out by increased demand for lower-priced fuel. The impact of lower oil consumption in Europe on world oil prices (Enerdata 2009). Jos Dings, T&E Director.

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Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

Green Car Congress

Other product attributes like reliability and safety, strongly influence consumer perceptions, as do employee enthusiasm and the company’s impact on the economy.” People feel confident that Toyota will deliver a quality offering and has a history of standing behind its products. by Bill Cooke.

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