Economy, Fuel Tax and Market

With gas phase-out in view, Europe could lose $160 billion in fuel taxes

Teslarati

JANUARY 30, 2024

With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fuel taxes in the coming years. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas.

Fuel Tax

Fuel Tax Tax Europe Gas

Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

MAY 4, 2020

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The top 5 countries with the highest motor tax revenues are: Germany ? —Eric-Mark Huitema, ACEA Director General.

Motors

Motors Motoring Motor Market

President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

JUNE 23, 2022

In a letter sent to President Biden on 15 June, the AFPM (American Fuel & Petrochemical Manufacturers) and the API (American Petroleum Institute) listed what they called seven realities about the current situtation: Refined product prices are determined on the global markets. Hence, the importance of increasing crude oil production.

Congress

Congress Fuel Tax Tax Fuel

DOE: Average annual gasoline taxes paid per vehicle, by state, 2019

Green Car Congress

DECEMBER 3, 2019

According to the Federal Highway Administration, the average fuel economy for all light vehicles on the road today is 22.3 The Federal tax on gasoline is 18.4 cents per gallon, and each state has a gasoline tax, ranging from 8.95 Based on a vehicle with an average fuel economy of 22.3 cents in Alaska to 58.7

Tax

Tax 2019 Gasoline Fuel Economy

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

Green Car Congress

JULY 23, 2018

Yet, despite ambitious pledges and investments by governments and automakers, it is by no means clear that these vehicles will ultimately reach mass-market consumers. Carbon pricing alone is insufficient to bring low-carbon vehicles to the mass market, though it may have a supporting role in ensuring a decarbonized energy supply.

Carbon

Carbon Market Alternative Fuels Vehicles

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

APRIL 21, 2022

Emerging markets and developing countries are central to the “decarb” and electrification push, and are themselves maneuvering to attain advanced country status and a higher quality of life for their citizens. Between 2010 and 2021, worldwide nickel usage grew almost 90%.

China

China Energy Indonesia Power Grid

GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

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.

Fuel Economy

Fuel Economy Economy Plug-in Plug

Study: air pollution caused 1.1M deaths across Africa in 2019, toll from outdoor pollution rising

Green Car Congress

OCTOBER 11, 2021

Cities are expanding, economies are growing, and life expectancy has almost doubled. Fossil fuel combustion has driven an increase in outdoor air pollution that in 2019 killed 29.15 The African continent is undergoing a massive transformation, the co-authors note. billion in 2020 to 4.3 billion by 2100.

Africa

Africa Pollution 2019 Ethiopia

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

Green Car Congress

JULY 10, 2011

From 1 July 2015, the carbon price will be set by the market. Most Australians now agree our climate is changing, this is caused by carbon pollution, this has harmful effects on our environment and on the economy—and the Government should act. Transport fuels will be excluded from the carbon pricing mechanism.

Tax Credit

Tax Credit Fuel Tax Carbon Australia

Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

JUNE 25, 2013

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. Climate Change Emissions Fuel Efficiency Fuels Heavy-duty Policy'

Obama

Obama Cleaner Climate Fuel Economy

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Green Car Congress

FEBRUARY 14, 2018

The report, Taxing Energy Use 2018 is based on OECD’s Taxing Energy Use database, a unique dataset to compare coverage and magnitude of specific taxes on energy use across 42 OECD and G20 economies (representing approximately 80% of global energy use), six sectors and five main fuel types. of emissions.

Climate Change

Climate Change Climate Tax Energy

Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

NOVEMBER 11, 2016

The goal of this paper is to assess the resulting CO 2 emissions, energy, and economic impacts of the EU CO 2 mandates, and compare them to an alternative scenario where vehicle emissions are part of an emission trading system designed to meet Europe’s announced economy-wide targets. —Paltsev et al.

Standards

Standards Emissions CO2 Europe

IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

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.

Fuel Economy

Fuel Economy Fuel Transportation Engine

Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

Green Car Congress

MAY 2, 2009

In a panel session entitled “Does Green Matter in a Try-to-Survive Market?” How big is the green market? Other product attributes like reliability and safety, strongly influence consumer perceptions, as do employee enthusiasm and the company’s impact on the economy.” by Bill Cooke. Truly Green Consumers.

Market

Market Green Prius Re-Charge

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

Green Car Congress

APRIL 2, 2010

The National Research Council has released a prepublication edition of a new congressionally mandated report that evaluates various technologies and methods that could improve the fuel economy of medium- and heavy-duty vehicles (MHDVs), such as tractor-trailers, transit buses, and work trucks.

Fuel Economy

Fuel Economy Economy Fuel Vehicles

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

MARCH 8, 2010

Economy-wide CO 2 prices of $30-60/t CO 2 are too weak on their own to motivate significant reductions in CO 2 emissions from transportation. 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.

Tax Credit

Tax Credit Tax Emissions Fuel

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

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 Carnegie Endowment suggests policies to advance the plug-in market.

Tax Credit

Tax Credit Gasoline Tax Gasoline-Electric

CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

JULY 1, 2013

Adequacy requires the measures, in their entirety, to have the potential to meet the target while neither undermining the internal market for transport nor its affordability. By using technology-neutral incentives, in the long run the market forces will select the most efficient technologies.

Emissions

Emissions Transportation Standards Climate Change

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

Green Car Congress

APRIL 22, 2021

A team of transportation and policy experts from the University of California released a report to the California Environmental Protection Agency (CalEPA) outlining policy options to significantly reduce transportation-related fossil fuel demand and emissions. Transportation pricing: Gasoline taxes. Active transportation.

Transportation

Transportation California Davis Carbon

Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

DECEMBER 19, 2013

For any type of electricity generation, a business can choose whether it wants to receive the credit as a production tax credit (which is claimed each year), or an investment tax credit, which is claimed when the facility begins to operate. Clean fuels tax credit. The cleaner the facility, the larger the credit.

Tax

Tax Tax Credit Clean Cleaning

MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

Green Car Congress

MARCH 16, 2016

Evolving US new LDV market: percent sales by powertrain type out to 2050. The recommendations include: Improving the fuel consumption of mainstream vehicles is the primary nearer-term opportunity for reducing fuel use and GHG emissions. miles per gallon will not reflect what most new car buyers should expect to achieve in 2025.

MIT

MIT Transportation Climate Energy

We Need More Than Just Electric Vehicles

Cars That Think

AUGUST 20, 2022

We then used results from a model of the global economy to allocate a portion of this global budget specifically to the U.S. The good news is that 2035 is the year suggested at the COP26 for all new car and vans in leading markets to be zero-emissions vehicles, and many manufacturers and governments have committed to it.

Electric Vehicles

Electric Vehicles Vehicles West Virginia Electrical

EV Driven

With gas phase-out in view, Europe could lose $160 billion in fuel taxes

Motor vehicle taxation brings in €440.4B for governments in major European markets

President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

DOE: Average annual gasoline taxes paid per vehicle, by state, 2019

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

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

Study: air pollution caused 1.1M deaths across Africa in 2019, toll from outdoor pollution rising

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

Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

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

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

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

CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

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

Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

We Need More Than Just Electric Vehicles

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