Green Car Congress
FEBRUARY 21, 2013
In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050).
Green Car Congress
FEBRUARY 20, 2009
As part of a comprehensive reform plan to simplify the Commonwealth of Massachusetts’ transportation system, Governor Deval Patrick is proposing a fuel tax increase of $0.19 The increased fuel tax is intended to be in lieu of an increase in tolls. per gallon—a 81% increase of the current $0.235 per gallon.
Green Car Congress
OCTOBER 23, 2010
users pay for the construction and maintenance of roads via a federal fuel tax. Revenues from the tax go into the federal Highway Trust Fund, which is independent of the General Fund; every five years or so Congress passes an authorization bill to allocate these revenues. —Huang et al.
Green Car Congress
SEPTEMBER 21, 2012
The nonpartisan US Congressional Budget Office (CBO) estimates that federal policies to promote the manufacture and purchase of electric vehicles, some of which also support other types of fuel-efficient vehicles, will have a total budgetary cost of about $7.5 —“Effects of Federal Tax Credits for the Purchase of.
Green Cars News
APRIL 22, 2009
There are encouraging signs for people struggling to buy new cars too. Mark Huggins, director of AA loans, says the average cost of a car loan is £8,000 and the scrappage scheme could provide the funding needed for a new vehicle by a quarter.
Green Car Congress
APRIL 2, 2010
Hybrid powertrains could lower the fuel consumption of vehicles that stop frequently, such as garbage trucks and transit buses, by as much as 35% in the same time frame. Japan regulates the fuel economy of these vehicles, and both the European Union and the state of California are developing standards.
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