2020 Financing Fuel Tax Tax 
Green Car Congress
AUGUST 31, 2020
The increase brings the gasoline tax from $0.414 to $0.507 per gallon (22.5%). In order to ensure the state has the funds necessary to support these projects, the law dictates that the Petroleum Products Gross Receipt (PPGR) tax rate must be adjusted accordingly to generate roughly $2 billion per year. million.
Green Car Congress
FEBRUARY 26, 2009
A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The nation faces a crisis.
Green Car Congress
JULY 10, 2011
Gillard said that by 2020, this would cut emissions by some 160 million tonnes per year. Transport fuels will be excluded from the carbon pricing mechanism. However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. a year in real terms.
Green Car Congress
JUNE 15, 2011
Conventional automotive technologies have significant emission-reduction potential, according to a draft of the Boston Consulting Group’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. —“Powering Autos to 2020” (draft). Source: BCG. Click to enlarge. However, China is a major wildcard.
Green Car Congress
JULY 1, 2013
Such standards are effective in overcoming barriers to the introduction of more efficient vehicles and fuels, while creating regulatory certainty for product developers and manufacturers. This should include carbon and energy taxing, for example, as proposed in the amendment of the Energy Tax Directive.
Green Car Congress
JANUARY 30, 2018
Studies show that California will need 125,000 to 220,000 charging ports from private and public sources by 2020 in order to provide adequate infrastructure. Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles. But it works out to only 0.05
Green Car Congress
JUNE 25, 2013
The Department of Agriculture’s Rural Utilities Service will finalize a proposed update to its Energy Efficiency and Conservation Loan Program to provide up to $250 million for rural utilities to finance efficiency investments by businesses and homeowners across rural America. of greenhouse gas emissions to 3% by 2020.
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