Remove Cost Of Remove Fuel Tax Remove Gasoline Remove Purchase
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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).

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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

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO.

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New Zealand simplifies Road User Charges system, extends exemption for light electric motor vehicles from 2013 to 2020

Green Car Congress

(Since some 36% of diesel is used off-road, such as on farms, by manufacturing, industrial and commercial ventures, and boats, a fuel tax for road use would impose an unfair burden onto these sectors, the government says.). Removing supplementary licences and time licences will also result in compliance cost savings.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

BCG comparison of the CO 2 reduction potential and cost of different technologies. In addition, the cost to the consumer would be about $50 to $60 per percent CO 2 reduction—roughly half the cost of what was expected three years ago. Source: BCG. Click to enlarge. Source: BCG. Click to enlarge.

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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

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. million barrels per day, relative to 2008 levels.

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Energy Learning Curve Survey Finds Americans Support Wide Array of Proposed Energy Policies, But Are Not Yet Ready to Make Tradeoffs

Green Car Congress

At least 10 major energy proposals that would provide incentives for energy efficiency, reduce gasoline usage and support alternative energy have the support of more than two-thirds of Americans, according to a new survey, “The Energy Learning Curve” released by Public Agenda, an opinion research and citizen engagement organization.

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UC report to CalEPA outlines policy options to decarbonize California transportation by 2045

Green Car Congress

The scenario analysis includes an estimate of the total costs of the LC1 compared to the BAU scenario. Transportation pricing: Gasoline taxes. Shift to VMT-based road fees as the number of ZEVs grows and fuel tax revenues decline. Transit-oriented development/densification. Active transportation.