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DOE: US gasoline taxes dropped below 20% of total price in 2015

Green Car Congress

Fuel taxes in the United States in 2015 accounted for 19% of the price of a gallon of gasoline, down from just under 30% in 1990, according to figures compiled by the US Department of Energy (DOE). By comparison, in France, Germany, and the United Kingdom, taxes accounted for more than half of the total price for both 1990 and 2015.

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What effect will lower tax credits on Tesla and GM plug-ins have? Twitter poll results

Green Car Reports

For a bunch of electric-car owning acolytes, our readers are surprisingly sanguine about the reduction and eventual expiration of plug-in tax credits on electric-car sales. We've reported extensively on the expiring tax credits, which will affect models from Tesla and GM in 2019.

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After Tesla's federal tax credits expire, which electric car would you buy?

Green Car Reports

Last week, we reported that Tesla is close to reaching the end of its allocation of federal tax credits for those who buy its cars. The credits were passed after the 2007 federal Energy Independence and Security Act to promote the sale of electric cars. The credits amount to a $7,500 discount for most buyers.

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Mn/DOT assessing potential for mileage-based user fee to replace fuel tax; Battelle conducting technology assessment

Green Car Congress

The Minnesota Department of Transportation (Mn/DOT) will recruit 500 people from Wright and Hennepin counties to take part in research to test technology that could someday be used to collect a mileage-based user fee (MBUF) in lieu of a gasoline tax. These funding sources support construction and maintenance of the highway system.

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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. We need both a policy like a carbon tax and to put more R&D money into renewables.

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EIA: CO2 emissions from US power sector have declined 28% since 2005

Green Car Congress

This growth has been driven largely by state policies and federal tax incentives that encouraged adoption of renewables. Over the ten-year-period from 2007 top 2017, the average price of electricity to residential consumers increased 21%—from 10.65¢/kWh to 12.89¢/kWh, according to the EIA. By 2017, that share had grown to 38%.

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Tesla bulls respond to ‘The Big Short’ and his massive bet against the stock

Teslarati

Burry believes that Tesla’s stock is highly reminiscent of the housing market in 2007, just a few months before the crash that led to the first recession in the American economy in twenty years. Munster believes the reintroduction of a $7,000 EV tax credit could be one of the biggest pieces of the bull story for Tesla in 2021.