2005, Fuel Tax and Oil

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

Green Car Congress

FEBRUARY 15, 2013

trillion in revenue over 10 years and reduce GHG emissions by approximately 20% from 2005 levels by 2025. The Family Clean Energy Rebate Program would use 60% of the funds from the carbon fee and use the model developed by Alaska’s oil dividend to provide a monthly rebate to every legal US resident to offset potential energy price increases.

Industrial

Industrial Industry Price Fuel

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

MARCH 8, 2010

The dashed blue line is 2005 emissions; the scale on the right shows the percent of 2005 level. Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. Source: Morrow et al. Click to enlarge.

Tax Credit

Tax Credit Tax Emissions Fuel

IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

Green Car Congress

SEPTEMBER 20, 2012

Two new reports—one on technology, the other on policy— released by the International Energy Agency (IEA) outline pathways to improve the fuel efficiency of combustion-engined road vehicles by 50% by the middle of the century, saving as much as four-fifths of current annual global oil consumption. Click to enlarge.

Fuel Economy

Fuel Economy Fuel Transportation Engine

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

Green Car Congress

APRIL 12, 2012

The EU has also made a commitment to reduce emissions in sectors outside the EU ETS, including transportation, by 10% on year-2005 levels by 2020. This case assumes sufficient subsidy for widespread adoption of the lowest-emission vehicle, fuel, and capacity technology combination in each category.

Transportation

Transportation Europe Climate Change Emissions

EV Driven

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

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

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

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