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
SEPTEMBER 21, 2012
Another option suggested in the report is increasing the federal excise tax on sales of gasoline, which would tend to reduce gasoline use and emissions. Other policies, such as a tax on the carbon content of fossil fuels, could focus on low-cost reductions in emissions outside the transportation sector.
Let's personalize your content