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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Green Car Congress

Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. In 2015, outside of road transport, 81% of emissions were untaxed, according to the report. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions.

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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150
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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

The paper estimates PEVs to have a total incremental cost close to $500 billion between 2015?2025. While this would be paid back by fuel savings, Fulton assues that to sell the cars, the full $500 billion would need to be offered as incentives to prospective buyers. For a PEV subsidy of $500 billion from 2015?2025,

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We Need More Than Just Electric Vehicles

Cars That Think

Most automotive manufacturers say they plan to use renewable energy in the future, but for now, most battery production relies on electric grids largely powered by fossil fuels. passenger-vehicle fleet over the period between 2015 and 2050. Those tax revenues are necessary for the maintenance of roads. fleet of light vehicles.