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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

Lew Fulton, Co-Director, NextSTEPS Program at the Institute of Transportation Studies, University of California at Davis. The paper estimates PEVs to have a total incremental cost close to $500 billion between 2015?2025. For a PEV subsidy of $500 billion from 2015?2025, —GFEI working paper. per liter ($0.26/gallon

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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

International cooperation will be necessary to resolve problems in maritime and air transport, but action on cars and trucks can be taken at a national or state level. 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. Definition.

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