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

Teslarati

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. What about in other countries?

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Study explores impact of changing gasoline and diesel taxes in Europe

Green Car Congress

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.

Tax 294
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Hyundai Motor, H2 Energy JV to spearhead hydrogen mobility in Europe; 1,600 fuel cell heavy-duty trucks to the JV through 2025

Green Car Congress

Hyundai Motor Company and H2 Energy AG have signed a contract for a joint venture—Hyundai Hydrogen Mobility—aimed at taking a lead across Europe’s burgeoning hydrogen mobility ecosystem. The venture will enable us to take the first step toward successfully entering the larger European market with our fuel cell electric trucks.

Hyundai 255
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Alder Fuels and Enviva partner to scale and commercialize sustainable aviation fuel supply chains

Green Car Congress

Decarbonization of our entire economy is driving massive demand for the next generation of sustainably sourced renewable fuels. —Bryan Sherbacow, Alder Fuels’ President & CEO. —Bryan Sherbacow, Alder Fuels’ President & CEO. billion gallons of SAF from Alder Fuels when produced to the airline’s requirements.

Supplies 150
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T&E: Rising use of private jets sends CO2 emissions soaring

Green Car Congress

CO 2 emissions from private jets in Europe increased by nearly a third (31%) between 2005 and 2019, rising faster than commercial aviation emissions, according to a new report from environmental campaign group Transport & Environment (T&E). The report, Private jets: can the super-rich supercharge zero emission aviation?

Emissions 418
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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fuel tax). Motor tax revenues collected by governments have increased by almost 3% compared to the previous year, and the grand total of €440.4

Motor 284
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ICCT study finds increasing gap between rated and actual passenger car fuel consumption in Europe

Green Car Congress

The divergence of real-world CO 2 emissions vs. manufacturers’ type-approval (100%) in Europe from various on-road data sources. However, the NEDC was not originally designed to measure fuel consumption or CO 2 emissions, and some features of the test procedure can be exploited to influence test results for those values. Source: ICCT.

Europe 199