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

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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). Paltsev, M. Babiker, J.M. 2012.09.001.

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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

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Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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Under the scheme, around 500 of the largest emitters in Australia—facilities that have direct greenhouse gas emissions of 25,000 tonnes of CO 2 -equivalent per year or more (excluding emissions from transport fuels and some synthetic greenhouse gases)—will need to buy and surrender to the Government a permit for every tonne they produce.

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Study finds higher gasoline taxes do not disproportionately impact the poor, especially in developing countries

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Although increased gasoline taxation has been proposed as a very effective instrument to reduce greenhouse gas emissions, a common argument against such a measure is that it is regressive—i.e., Sterner is lead author in the UN climate panel’s (IPCC) working group Mitigation of Climate Change. —Thomas Sterner.

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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introduced legislation that would set an escalating fee on greenhouse gas emissions from large stationary sources to fund investments in energy efficiency and sustainable energy technologies and also provide rebates to consumers to offset increases in energy prices. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) International sources.

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Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

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Burgeoning demands for mobility and private vehicle ownership undermine global efforts to reduce energy-related greenhouse gas emissions. More than 90% of such vehicles are powered by internal combustion engines burning oil-derived fuels. Note the different scaling used in the graphs. McCollum et al. Click to enlarge.

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Analysis concludes that current transportation policy in most US states will likely worsen GHG emission trends in US

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greenhouse gas (GHG) emissions from the transportation sector, and in most cases make decisions that will likely increase. emissions, according to a new analysis released by the Natural Resources Defense Council (NRDC) and Smart Growth America (SGA). transportation, and ensure state fuel taxes can support all transportation modes.