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Other state DOTs also are researching alternative financing methods to supplement or replace a gas tax. The Battelle project will include designing, building and testing new software applications that will run on cellular smart phones that utilize global positioning system (GPS) to determine location, heading, speed, etc.
In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to the US Energy Information Administration (EIA). These taxes have increased in 13 states since July 2022. These Superfund taxes include a $0.09
As part of a comprehensive reform plan to simplify the Commonwealth of Massachusetts’ transportation system, Governor Deval Patrick is proposing a fueltax increase of $0.19 The increased fueltax is intended to be in lieu of an increase in tolls. per gallon—a 81% increase of the current $0.235 per gallon.
In spring the Chancellor presents the annual Budget statement, which includes a detailed assessment of the state of the economy and the nation’s finances. In his statement, the Chancellor may announce changes to taxes and new spending measures. billion package announced at Budget 2009”.
The US has up to now adhered to the user-fee principle in financing transportation infrastructure—i.e., users pay for the construction and maintenance of roads via a federal fueltax. In the meantime, cars and trucks have become more fuel-efficient. States use similar mechanisms. —Huang et al.
The new goal is that efficiency standards for appliances and federal buildings set in the first and second terms combined will reduce carbon pollution by at least 3 billion metric tons cumulatively by 2030—equivalent to nearly one-half of the CO 2 emissions from the entire US energy sector for one year.
transportation, and ensure state fueltaxes can support all transportation modes. Efforts should shift from building highway networks to building other forms of transportation that are cleaner, more efficient, and in high demand. consumption, instead of rewarding increases in these areas, as is the current practice.
Senate Finance Committee Chairman Max Baucus (D-Mont.) introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US.
Until now, America has been its own worst enemy by ignoring the promise of emerging low carbon fuel industries. If coupled with a forward-facing regulatory environment, the historic IRA will offer an opportunity to break out of our narrow approach and build momentum in pursuit of our shared climate ambitions.
This past week was a whirlwind of EV news and developments from FedEx’s plans to electrify its fleet by 2040, VW saying it expects 50% of its US sales to be from EVs, to GM’s likely plans to build a second battery factory with LG Chem, and much more … Automaker/EV Models. VW expects half of U.S. Batteries and Charging.
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