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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The top 5 countries with the highest motor tax revenues are: Germany ? —Eric-Mark Huitema, ACEA Director General.

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US COVID-19 mitigation efforts resulting in significant decline in traffic, emissions and fuel-tax revenues

Green Car Congress

Greenhouse gas emissions reductions from road transportation were down across the United States from early March to early April 2020. (UC Fuel use dropped from 4.6 It also resulted in fuel-tax revenue reductions, which vary by state. UC Davis Road Ecology Center). billion gallons in early March to 1.3 billion per week.

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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. Monthly data from the EIA shows that crude oil is 60% of the price of gasoline, 17% is refining costs, 12% is federal and state taxes, and 11% is distribution and marketing. As of 10 June, EIA reported 93.7%

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California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 per gallon of DME used and $0.06 per gallon).

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T&E: Rising use of private jets sends CO2 emissions soaring

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By August 2020, while most Europeans were still grounded and commercial flights were down 60% year-on-year, private jet traffic had returned to pre-COVID levels. increase in private flight sales in July 2020 alone. The study highlights the continued use of private jets last year despite the pandemic. One operator reported an 11.3%

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

Green Car Congress

Yet, despite ambitious pledges and investments by governments and automakers, it is by no means clear that these vehicles will ultimately reach mass-market consumers. Carbon pricing alone is insufficient to bring low-carbon vehicles to the mass market, though it may have a supporting role in ensuring a decarbonized energy supply.

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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

From 1 July 2015, the carbon price will be set by the market. 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. a year in real terms. —Prime Minister Gillard.