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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. and China markets, while the Russian Finance Ministry recently backed away from a tax proposal which Russian crude producers said would reduce their output. by Dalan McEndree for Oilprice.com.

Russia 150
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Study shows bamboo ethanol in China technically and economically feasible, cost-competitive with gasoline

Green Car Congress

per gallon US) subsidy and fuel excise and value-added tax exemptions, and ( b ) a prospective future scenario with no form of government support measures. In its development of biofuel policy, China’s 10 th five-year plan (2001–2005) proposed a biofuel industry to utilize surplus grain stocks. gallon US) with tax exemption and a $0.16/liter

Gasoline 351
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Norweign Drivers switch to Electric Cars

EV Report

Most people do know and feel that if we drive electric cars we could reduce the consumption of oil and could reduce pollution. Some are still not yet sure to make a plunge in purchase. To date Norway has the highest number of EV purchases in the world. Buyers of EV became exempted from paying VAT in 2001.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Navigant’s analysis indicates that only buyers in California and Oregon will purchase sufficient numbers of vehicles in order to meet the ZEV requirement in 2018 and 2019. First, there are more products available for purchase with new entrants ready to boost the market profile. Tesla Motors will have a bumpy year.

2014 346
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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

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. The initial sales requirement was 2% of car sales in 1998 (representing about 20,000 vehicles at the time), increasing to 5% in 2001 and 10% in 2003.

2018 257