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US COVID-19 mitigation efforts resulting in significant decline in traffic, emissions and fuel-tax revenues

Green Car Congress

Fuel use dropped from 4.6 It also resulted in fuel-tax revenue reductions, which vary by state. In California, where vehicle miles dropped more than 75%, the state’s fuel-tax revenue under Senate Bill 1 (2017) also plummeted from $61 million in early March to $15 million for the second week of April.

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

Green Car Congress

That figure is down from 141 refineries in 2017, with 4 idle. Moreover, many facilities have safely delayed projects and/or maintenance so as to not take production offline and instead continue to provide supplies and build inventories. About half of US refinery shutdowns are conversions to renewable fuel production.

Congress 259
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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. As of October 2017, 337,483 ZEVs have been sold in California. million unit uptick in 5 years. ZEV sales increased 29.1%