Cost Of Fuel Economy Fuel Tax Tax 
Green Car Congress
JUNE 23, 2022
President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.
Green Car Congress
FEBRUARY 21, 2013
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). —Karplus et al.
Green Car Congress
NOVEMBER 8, 2013
The GFEI, a partnership of international agencies and top energy policy experts, suggests that these cost savings could in part be used to help offset the costs of developing a global market for electric vehicles over this time frame, since the savings are estimated to be at least four times bigger than these costs.
Green Car Congress
OCTOBER 23, 2010
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.
Green Car Congress
MARCH 8, 2010
The key to obtaining significant reductions in transportation-related GHG emissions is to increase the cost of driving. The economy-wide CO 2 prices applied increase the cost of driving only marginally with respect to the business-as-usual case. —Morrow et al. Adoption of all of the preceding policies.
Green Car Congress
SEPTEMBER 20, 2012
IEA fuel economy readiness index status, 2010. New propulsion systems requiring new fuels, such as plug-in electric vehicle systems and fuel cell systems, are beyond the scope of this technology roadmap and are treated in separate roadmaps. Average fuel economy and new vehicles registrations, 2005 and 2008.
Green Car Congress
NOVEMBER 11, 2016
They found that vehicle emission standards reduce CO 2 emissions from transportation by about 50 MtCO 2 and lower the oil expenditures by about €6 billion, but at a net added cost of €12 billion in 2020. Emissions trading or a carbon tax is going to achieve their emissions goals at the lowest possible cost to society.
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