Economy, Fuel, Fuel Tax and Sale

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

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. As of 10 June, EIA reported 93.7%

Congress

Congress Fuel Tax Tax Fuel

Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

JULY 4, 2022

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

Fuel Tax

Fuel Tax Tax Electric Vehicles Fuel

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

Green Car Congress

MAY 4, 2020

The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fuel tax). The top 5 countries with the highest motor tax revenues are: Germany ? United Kingdom ?

Motor

Motor Motors Motoring Market

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

Plug-in electric vehicles are promising and sales have started, but it will take time to reach very large volumes, and will likely require strong incentives over the coming decade to reach a fully competitive point. carbon fuel vehicles will be needed to continue to decarbonize LDVs and reduce oil use out to 2050 and beyond.

Fuel Economy

Fuel Economy Economy Plug-in Plug

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. Earlier post.). Expanding the Better Buildings Challenge.

Obama

Obama Cleaner Climate Fuel Economy

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

Green Car Congress

APRIL 21, 2022

Minerals and the materials derived from them are at the heart of energy transition strategies, and emerging markets and developing economies are the overwhelming providers. Government incentives can boost electric vehicle sales in the US, she said, but policies to incentivize EV adoption will still be disrupted by inadequate infrastructure.

China

China Energy Indonesia Power Grid

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 billion through 2019. Indirect effects.

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

The report argues that the biggest component of total transport reductions could come from more energy-efficient vehicles, combined with the gradual introduction of low-carbon fuels and new engine technologies. Eco-driving and efficient transport systems could provide for the other—much smaller shares—of reductions.

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. A second study led by UC Santa Barbara was released simultaneously.

Transportation

Transportation California Davis Carbon

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

Green Car Congress

MAY 2, 2009

Other product attributes like reliability and safety, strongly influence consumer perceptions, as do employee enthusiasm and the company’s impact on the economy.” In other vehicles that lack the Prius’ unique selling points, i.e. the Camry hybrid, Toyota has struggled more with sales.

Market

Market Green Prius Re-Charge

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

Green Car Congress

MARCH 16, 2016

There are many options available for reducing the fuel, energy, and GHG emissions impacts of LDVs. Achieving our overall goal—reducing fleet fuel and energy consumption and GHGs by three-quarters or more—will be extremely challenging. Includes vehicle weight reduction: at constant acceleration capability.

MIT

MIT Transportation Climate Energy

FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

EV Adoption

MARCH 9, 2021

This past week was a whirlwind of EV news and developments from FedEx’s plans to electrify its fleet by 2040, VW saying it expects 50% of its US sales to be from EVs, to GM’s likely plans to build a second battery factory with LG Chem, and much more … Automaker/EV Models. Is EV charging the next gig for the gig economy?

GM

GM Hummer GMC Batteries

We Need More Than Just Electric Vehicles

Cars That Think

AUGUST 20, 2022

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. Then there is the fuel cycle—the activities associated with producing and using the fuel or electricity to power the vehicle through its working life. EVs have finally come of age. 6 million.

Electric Vehicles

Electric Vehicles Vehicles West Virginia Electric

EV Driven

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

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

Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

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

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

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

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

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

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

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

FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

We Need More Than Just Electric Vehicles

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