Carbon, Economy and Fuel Tax

MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

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). Paltsev, M. Babiker, J.M. 2012.09.001.

Fuel Economy

Fuel Economy MIT Fuel Tax Economy

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

Green Car Congress

JULY 23, 2018

Policies to entice consumers away from fossil-fuel powered vehicles and normalize low carbon, alternative-fuel alternatives, such as electric vehicles, are vital if the world is to significantly reduce transport sector carbon pure-emissions, according to a new study. —McCollum et al.

Carbon

Carbon Market Alternative Fuels Vehicles

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

JULY 10, 2011

Australia Prime Minister Julia Gillard unveiled Australia’s carbon pricing plan—a core element in a new clean energy plan—in a short address to the nation. The Government intends to introduce legislation to underpin the carbon pricing mechanism into Parliament in the second half of 2011. Click to enlarge.

Tax Credit

Tax Credit Fuel Tax Carbon Australia

GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

Green Car Congress

NOVEMBER 8, 2013

Increasingly efficient conventional combustion-engine vehicles will be key in moving towards a low carbon future, according to the GFEI. Far better fuel economy from cost-effective conventional technologies can keep fuel demand steady and save close to half the CO 2 emissions from cars by this date.

Fuel Economy

Fuel Economy Economy Plug-in Plug

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Green Car Congress

FEBRUARY 14, 2018

The report, Taxing Energy Use 2018 is based on OECD’s Taxing Energy Use database, a unique dataset to compare coverage and magnitude of specific taxes on energy use across 42 OECD and G20 economies (representing approximately 80% of global energy use), six sectors and five main fuel types. of emissions.

Climate Change

Climate Change Climate Tax Energy

UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

Green Car Congress

DECEMBER 21, 2009

A 100% first year tax allowance will also be provided for the purchase of electric vans subject to State Aid clearance. million) to support low carbon vehicle development, including an expansion of the Technology Strategy Board’s ultra-low carbon vehicles competition. The PBR also has news of an additional £30 million (US$48.5

Tax

Tax Carbon Fuel Tax Fuel

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

JUNE 25, 2013

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. Earlier post.). Reducing barriers to investment in energy efficiency.

Obama

Obama Cleaner Climate Fuel Economy

Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

NOVEMBER 11, 2016

The goal of this paper is to assess the resulting CO 2 emissions, energy, and economic impacts of the EU CO 2 mandates, and compare them to an alternative scenario where vehicle emissions are part of an emission trading system designed to meet Europe’s announced economy-wide targets. —Paltsev et al. —Sergey Paltsev.

Standards

Standards Emissions Europe CO2

Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

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. States use similar mechanisms. —Huang et al.

Transportation

Transportation Fuel Tax Tax Gasoline-Electric

IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

Green Car Congress

SEPTEMBER 20, 2012

IEA fuel economy readiness index status, 2010. New propulsion systems requiring new fuels, such as plug-in electric vehicle systems and fuel cell systems, are beyond the scope of this technology roadmap and are treated in separate roadmaps. Average fuel economy and new vehicles registrations, 2005 and 2008.

Fuel Economy

Fuel Economy Fuel Transportation Engine

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

MARCH 8, 2010

Economy-wide CO 2 prices of $30-60/t CO 2 are too weak on their own to motivate significant reductions in CO 2 emissions from transportation. The economy-wide CO 2 prices applied increase the cost of driving only marginally with respect to the business-as-usual case. —Morrow et al.

Tax Credit

Tax Credit Tax Emissions Fuel

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

JULY 1, 2013

The report argues that the biggest component of total transport reductions could come from more energy-efficient vehicles, combined with the gradual introduction of low-carbon fuels and new engine technologies. The report identified five main technology paths towards low-carbon transport. —CEPS report.

Emissions

Emissions Transportation Standards Climate Change

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

SEPTEMBER 21, 2012

Increased sales of electric vehicles allow automakers to sell more low-fuel-economy vehicles and still comply with the federal standards that govern the average fuel economy of the vehicles they sell (known as CAFE standards). Indirect effects. That effect may be large.

Tax Credit

Tax Credit Gasoline Tax Gasoline-Electric

Study Finds That Implementation of a Portfolio of Transportation Strategies Will Be Required for Significant Reductions in GHG from Transportation Sector; Pricing Strategies Have the Largest Potential

Green Car Congress

JULY 29, 2009

Strong economy-wide pricing measures (such as a $5.00 per gallon fuel tax by 2050) could result in an additional reduction of 28% in GHG emissions. The Moving Cooler baseline extrapolated these projections further to 2050, resulting in a potential doubling or greater of fleet fuel efficiency. Land use and smart growth.

Transportation

Transportation Price Fuel Economy Economy

UC report to CalEPA outlines policy options to decarbonize California transportation by 2045

Green Car Congress

APRIL 22, 2021

A team of transportation and policy experts from the University of California released a report to the California Environmental Protection Agency (CalEPA) outlining policy options to significantly reduce transportation-related fossil fuel demand and emissions. A second study led by UC Santa Barbara was released simultaneously.

Transportation

Transportation California Davis Carbon

Fuel duty increase: Greenwash or green right?

Green Cars News

SEPTEMBER 1, 2009

Many a motorist will grumble today as they get to the pumps and notice a jump in the fuel prices, following the two pence per litre increase in fuel duty, however environmental pressure group, Friends of the Earth (FoE) think the increase is necessary to coax us out of our cars.

Green

Green Fuel Petrol Fuel Tax

Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

DECEMBER 19, 2013

Generally the investment tax credit cannot be claimed for facilities that begin to operate before January 1, 2017. However, after 2016, a 20% investment tax credit can be claimed for existing facilities that undertake a carbon capture and sequestration retrofit that captures at least 50% of carbon dioxide emissions.

Tax

Tax Tax Credit Clean Cleaning

MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

Green Car Congress

MARCH 16, 2016

The recommendations include: Improving the fuel consumption of mainstream vehicles is the primary nearer-term opportunity for reducing fuel use and GHG emissions. Market-based incentives should be implemented to support the US Corporate Average Fuel Economy (CAFE) LDV requirements. —John Heywood.

MIT

MIT Transportation Climate Energy

FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

EV Adoption

MARCH 9, 2021

. – President Biden has pledged to build 500,000 new plugs over the next decade, in an effort to cut emissions from highways that are currently the single largest source of carbon emissions. Is EV charging the next gig for the gig economy? – March 2, via TechCrunch. Legislation / Incentives / Policy.

GM

GM Hummer GMC Batteries

We Need More Than Just Electric Vehicles

Cars That Think

AUGUST 20, 2022

With all this, consumers and policymakers alike are hopeful that society will soon greatly reduce its carbon emissions by replacing today’s cars with electric vehicles. In 2019, 63 percent of global electricity was produced from fossil-fuel sources, the exact nature of which varies substantially among regions. 6 million.

Electric Vehicles

Electric Vehicles Vehicles West Virginia Electric

EV Driven

MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

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

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

GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

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

Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

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

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

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Study Finds That Implementation of a Portfolio of Transportation Strategies Will Be Required for Significant Reductions in GHG from Transportation Sector; Pricing Strategies Have the Largest Potential

UC report to CalEPA outlines policy options to decarbonize California transportation by 2045

Fuel duty increase: Greenwash or green right?

Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

We Need More Than Just Electric Vehicles

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