Remove Buy Remove Congress Remove Fuel Tax Remove Study
article thumbnail

MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050).

article thumbnail

Study finds driving restriction policy in Beijing has short-term benefits, but almost half of regulated car owners break the rules

Green Car Congress

A case study of the impact of a driving restriction policy implemented in Beijing prior to the 2008 Olympics found short-term benefits, but also a pattern of rule-breaking and loss of those benefits over time, as residents adapted by changing travel times; buying a second car with a different license plate; or simply violating the rules.

Pollution 199
article thumbnail

Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

Green Car Congress

users pay for the construction and maintenance of roads via a federal fuel tax. Revenues from the tax go into the federal Highway Trust Fund, which is independent of the General Fund; every five years or so Congress passes an authorization bill to allocate these revenues. States use similar mechanisms. —Huang et al.

article thumbnail

National Research Council Report Explores Improving Fuel Economy of Medium- and Heavy-Duty Vehicles; Recommends Immediately Beginning Developing a Regulatory Approach

Green Car Congress

The fuel use of motor coaches could be lowered by 32% for an estimated $36,350 per bus, which would be cost-effective if the price of fuel is $1.70 For other vehicle classes, the financial investments in making improvements would be cost-effective at higher prices of fuel. The report urges Congress to consider this approach.

article thumbnail

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

The nonpartisan US Congressional Budget Office (CBO) estimates that federal policies to promote the manufacture and purchase of electric vehicles, some of which also support other types of fuel-efficient vehicles, will have a total budgetary cost of about $7.5 billion through 2019. That effect may be large. Cultivate local PEV clusters.

article thumbnail

GM weighs in against Washington’s proposed EV surtax

Green Car Congress

Proponents of the surtax argue the fee is needed to offset losses in state gas tax revenues since EV owners don’t need to buy gas. As a practical matter, there are currently so few electric vehicles on Washington’s roads today that their impact in replacing fuel tax revenues will, for now, be negligible.

GM 218
article thumbnail

FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

EV Adoption

He wants Congress and the Biden administration to approach charging infrastructure the same way Tesla went about building its Supercharger network. 580 battery EV drivers were surveyed in the study. “Now the federal government is in a position to look at all electric transportation with that same lens.” Cloud Times.

GM 52