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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The nation faces a crisis. Summary of revenue options. Click to enlarge.

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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

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In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). Paltsev, M. Babiker, J.M.

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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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While Russia holds significant leverage in influencing oil and gas prices, it pales in comparison to China’s position in several strategic industries critical to the energy transition, says report author Michelle Michot Foss, fellow in energy and materials at the Baker Institute. —Baker Institute report Need Nickel?

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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introduced legislation that would set an escalating fee on greenhouse gas emissions from large stationary sources to fund investments in energy efficiency and sustainable energy technologies and also provide rebates to consumers to offset increases in energy prices. Among the financing provisions of the legislation are: Price on carbon.

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

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Under the scheme, around 500 of the largest emitters in Australia—facilities that have direct greenhouse gas emissions of 25,000 tonnes of CO 2 -equivalent per year or more (excluding emissions from transport fuels and some synthetic greenhouse gases)—will need to buy and surrender to the Government a permit for every tonne they produce.

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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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In spring the Chancellor presents the annual Budget statement, which includes a detailed assessment of the state of the economy and the nation’s finances. In his statement, the Chancellor may announce changes to taxes and new spending measures. Tags: Climate Change Electric (Battery) Emissions Europe Fuels Policy.

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Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

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The US has up to now adhered to the user-fee principle in financing transportation infrastructure—i.e., users pay for the construction and maintenance of roads via a federal fuel tax. In the meantime, cars and trucks have become more fuel-efficient. States use similar mechanisms. —Huang et al.