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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

In spring the Chancellor presents the annual Budget statement, which includes a detailed assessment of the state of the economy and the nation’s finances. In his statement, the Chancellor may announce changes to taxes and new spending measures. HM Treasury’s Pre-Budget microsite.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

In 2011, the Obama Administration finalized the first fuel economy standards for Model Year 2014-2018 for medium- and heavy-duty trucks, buses, and vans. The plan as outlined also calls for further work on advanced biofuels, advanced batteries and fuel cell technologies in every transportation mode. Earlier post.).

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CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

battery costs) exist, may require specially designed public support for a fixed, limited period of time. The EU must push member states to align taxation levels of different fuels and vehicle types and stop indirect subsidies. Report Of The CEPS Task Force On Transport And Climate Change. —CEPS report. June 2013).

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