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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

Operable capacity for the refineries is 17,789,010 barrels per calendar day in 2022, down from 18,976,085 in 2020. Similarly, NHTSA’s new fuel economy standards project to reduce gasoline consumption by more than 200 billion gallons through 2050. That figure is down from 141 refineries in 2017, with 4 idle.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

Gillard said that by 2020, this would cut emissions by some 160 million tonnes per year. We have had a long debate about climate change in this country. Transport fuels will be excluded from the carbon pricing mechanism. a year in real terms. From 1 July 2015, the carbon price will be set by the market.

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CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

measures such as standards, taxation or infrastructure development—consistent with the long-term objective. Key messages and findings for the report include: The key policy for reducing GHG emissions in road transport is the steady tightening of emissions standards in line with the technological frontier.

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Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

Green Car Congress

More than 90% of such vehicles are powered by internal combustion engines burning oil-derived fuels. Encouraging the use of low-carbon alternatives is an essential part of meeting climate change targets as well as improving local air quality and health. Note the different scaling used in the graphs. McCollum et al. Click to enlarge.

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

Green Car Congress

The obvious one is increased fuel taxes, but somehow governments need to make sure the benefits of better technology aren’t wiped out by increased demand for lower-priced fuel. 2012 objective plus a 95 g/km target for 2020 in the EU27. and 1.25 (1.2% - 1.3%) by 2020 and 2030, respectively. Click to enlarge.

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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

The study— Analysis of Policies to Reduce Oil Consumption and Greenhouse-Gas Emissions from the US Transportation Sector —finds that reducing CO 2 emissions from the transportation sector 14% below 2005 levels by 2020 may require fuel prices above $8/gallon by 2020. Adoption of all of the preceding policies.