Fuel Tax, Price, Sale and Tax

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

Green Car Congress

JUNE 23, 2022

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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 ?

Motor

Motor Motors Motoring Market

California BOE considers lowering gasoline excise tax rate for third year in a row

Green Car Congress

FEBRUARY 16, 2016

The California State Board of Equalization (BOE) will consider lowering the excise tax rate for gasoline by 2.2 If adopted, the excise tax rate on gas will be 27.8 The current excise tax rate of 30 cents per gallon remains in effect until 30 June 2016. cents per gallon from 1 July 2016 through 30 June 2017.

Tax

Tax Gasoline California Fuel Tax

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

Green Car Congress

MAY 28, 2021

increase in private flight sales in July 2020 alone. Despite the disproportionate climate impact, private jets are untaxed in most European nations because of exemptions from the EU’s carbon pricing scheme (EU ETS) and untaxed kerosene. One operator reported an 11.3%

Emissions

Emissions CO2 France Pollution

kWh Billing and New EV Charging Tax Policies: What You Need to Know

Blink Charging

OCTOBER 6, 2023

The electric car market is experiencing massive growth, exceeding 10 million in sales in 2022. As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. By the end of 2022, there were 2.7

Tax

Tax Charging Virginia Gas-Electric

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

Green Car Congress

APRIL 21, 2022

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?

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

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO. Click to enlarge.

Tax Credit

Tax Credit Gasoline Tax Gasoline-Electric

New UK Report Welcomes Moves to Promote Green Cars but Stresses Importance of Policies to Reduce Car Use

Green Car Congress

APRIL 23, 2009

It also discusses fuel taxes and prices, which affect both travel and vehicle choices. Policies to promote these options include travel planning, fuel and road price increases, dedicated infrastructure or prioritization for non-motorized modes, and training and education campaigns. But there is a bigger picture.

Fuel Tax

Fuel Tax Green Cars Tax Cars

Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

JANUARY 30, 2018

However, the report also identifies some areas that could either decelerate or accelerate the growth of ZEV sales. The Road Ahead for Zero-Emission Vehicles in California: Market Trends & Policy Analysis analyzes California’s ZEV market, including historic sales, costs, technology trends, forecasts and challenges.

California

California 2017 2016 Los Angeles

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. Thus a $500 tax would still allow consumers to keep 3?4 4 of fuel economy-related savings. per liter ($0.26/gallon

Fuel Economy

Fuel Economy Economy Plug-in Plug

BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

JUNE 15, 2011

Total cost of ownership economics for electric cars will also be significantly influenced by government incentives and fuel and electricity prices. Significant public messaging from the government on EVs has yet to lead to either promised breakthroughs in battery technology or significant sales outside of public fleets.

CO2

CO2 Electric Cars 2020 United States

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

Such standards are effective in overcoming barriers to the introduction of more efficient vehicles and fuels, while creating regulatory certainty for product developers and manufacturers. pricing, regulatory measures) were not used to their full potential. Action now is crucial to show political commitment to the long-term target.

Emissions

Emissions Transportation Standards Climate Change

California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

Green Car Congress

OCTOBER 20, 2014

In other words, the automakers still have to meet the fleet-based emissions requirements through their sales mix. Europe has gasoline taxes over $4 per gallon and still finds the need to adopt aggressive performance standards for cars to reduce GHGs and oil use. California has a much more ambitious long-term policy commitment to EVs.

2018

2018 California 2012 Plug-in

Switching to electric cars ‘could increase emissions’

Green Cars News

NOVEMBER 10, 2009

The report found that whilst there were significant potential environmental benefits to be had from a switch to electric vehicles, these were wholly dependent on changes in the way electricity was generated, energy taxed and CO2 emissions regulated. Key findings of report include: Performance. Popularity.

Emissions

Emissions Electric Cars CO2 Cars

Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

MARCH 25, 2009

In order to price a vehicle you need to contact a sales agent. When asked about battery product pricing, Donaghy replied “ Everyone wants to know price, we would agree that we need to get the cost of the energy down. According to the US DOE/EIA, the US average total tax for a gallon of diesel was $0.43/gallon

Li-ion

Li-ion Batteries Battery 2008

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

Green Car Congress

MAY 2, 2009

Miller of Synovate believes that in the US “ 20% of the people are willing to pay up to 10% of the vehicle’s purchase price more (i.e. In other vehicles that lack the Prius’ unique selling points, i.e. the Camry hybrid, Toyota has struggled more with sales. United States. Western Europe.

Market

Market Green Prius Re-Charge

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

The Federal Housing Administration will convene representatives of the lending community and other key stakeholders for a mortgage roundtable in July to identify options for factoring energy efficiency into the mortgage underwriting and appraisal process upon sale or refinancing of new or existing homes.

Obama

Obama Cleaner Climate Fuel Economy

UC report to CalEPA outlines policy options to decarbonize California transportation by 2045

Green Car Congress

APRIL 22, 2021

This scenario includes GHG emissions, vehicle sales, fuel consumption, carbon intensity, and changes in VMT. Zero emission vehicles: In the low carbon scenario, vehicle sales are 100% ZEV by 2040. Transportation pricing: Gasoline taxes. Corridor congestion pricing and high occupancy toll lanes.

Transportation

Transportation California Davis Carbon

GM weighs in against Washington’s proposed EV surtax

Green Car Congress

MARCH 9, 2012

Proponents of the surtax argue the fee is needed to offset losses in state gas tax revenues since EV owners don’t need to buy gas. GM believes this proposal is misguided and will hurt sales and market adoption of EVs. The proposal currently excludes vehicles such as the Chevrolet Volt, which can run part of the time on gasoline.

GM

GM Washington Tax Fuel Tax

Virginia General Assembly moving forward with replacing gasoline and diesel fuel tax with sales tax; $100 annual tax for EVs, HEVs and alt-fuel vehicles

Green Car Congress

FEBRUARY 24, 2013

The Virginia General Assembly is moving forward with legislation ( HB2313 ), that, among its other elements, would abolish the state’s gasoline and diesel fuel taxes and replace them with a sales tax. Currently, both gasoline and diesel carry a $0.175/gallon fuel tax. cents-per-gallon tax.

Virginia

Virginia Tax Fuel Tax Gasoline

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. VW expects half of U.S. VW expects half of U.S.

GM

GM Hummer GMC Batteries

We Need More Than Just Electric Vehicles

Cars That Think

AUGUST 20, 2022

more than 86 percent of vehicle sales in that country in 2021. We then systematically increased the share of EVs among new vehicle sales until the cumulative fleet emissions fell within the budget. Governments have offered subsidies or tax rebates to make EVs more appealing, a policy which the U.S.

Electric Vehicles

Electric Vehicles Vehicles West Virginia Electric

EV Driven

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

California BOE considers lowering gasoline excise tax rate for third year in a row

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

kWh Billing and New EV Charging Tax Policies: What You Need to Know

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

New UK Report Welcomes Moves to Promote Green Cars but Stresses Importance of Policies to Reduce Car Use

Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

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

BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

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

California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

Switching to electric cars ‘could increase emissions’

Profile: Li-ion Battery and Pack Supplier Valence Technology

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

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

UC report to CalEPA outlines policy options to decarbonize California transportation by 2045

GM weighs in against Washington’s proposed EV surtax

Virginia General Assembly moving forward with replacing gasoline and diesel fuel tax with sales tax; $100 annual tax for EVs, HEVs and alt-fuel vehicles

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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