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
Increasingly efficient conventional combustion-engine vehicles will be key in moving towards a low carbon future, according to the GFEI. An alternative to a feebate that could raise similar revenue is raising fuel taxes by around $0.07 —GFEI working paper. per liter ($0.26/gallon gallon US), according to the paper.
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