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Study explores impact of changing gasoline and diesel taxes in Europe

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Diesel is currently taxed at a lower level than gasoline in Europe; however, since 2011 the EC has been considering reversing that situation by making energy taxes systematically reflect the CO 2 performance of the energy product. A scheme including a decreased gasoline tax could bring about an increase in CO 2 emissions.

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

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The existing emissions trading system in Europe has not worked well, Paltsev says, partly because its price on carbon is quite low, and partly because it does not encompass enough different emissions-producing sectors of the economy. —Sergey Paltsev. Paltsev, S., Henry Chen, YH., Karplus, V.

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

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There are also unanswered questions about how to even finance electrification or road construction and maintenance given lost revenues from fuels taxes, Foss said. In an era of unparalleled geopolitical friction, how China’s dominance will affect emissions reduction goals in places like the United States and Europe remains to be seen.

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Study finds higher gasoline taxes do not disproportionately impact the poor, especially in developing countries

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Sterner is also the editor of the new book Fuel Taxes and the Poor, The Distributional Effects of Gasoline Taxation and Their Implications for Climate Policy , authored by 35 researchers. The researchers studied data from 25 different countries to investigate the concern that gasoline taxes affect poor people the most.

Tax 239
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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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This case assumes sufficient subsidy for widespread adoption of the lowest-emission vehicle, fuel, and capacity technology combination in each category. In addition to R&D and infrastructure support, government spending of at least 2% of EU27 GDP would be required in subsidies and to compensate for lost fuel tax revenue.

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UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

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Tags: Climate Change Electric (Battery) Emissions Europe Fuels Policy.

Tax 186
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EC Project Concludes Transport Unlikely to Deliver Required GHG Cuts to Contribute to Meeting Overall 2050 GHG Reduction Target Without Policies to Limit Demand Growth

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The analysis was based on various combinations of policy options and technological improvements including new vehicle emission limits, increased fuel taxes, support for electric and hydrogen technologies, EU motorway speed limits and land transport’s inclusion in the EU’s emissions trading scheme (ETS).