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

Green Car Congress

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). This analysis underscores the potentially large costs of a fuel economy standard relative to alternative policies aimed at reducing petroleum use and GHG emissions. Emissions Fuel Efficiency Policy

2013 241

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

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Study explores impact of changing gasoline and diesel taxes in Europe

Green Car Congress

Diesel is currently taxed at a lower level than gasoline in Europe; however, since 2011 the EC has been considering reversing that situation by making energy taxes systematically reflect the CO 2 performance of the energy product. As on a volumetric basis, diesel contains more carbon than gasoline, the tax on diesel fuel would increase. A scheme including a decreased gasoline tax could bring about an increase in CO 2 emissions.

2013 241

Ryder San Francisco fueling facility offers 100% renewable diesel

Green Car Congress

Ryder System, a leader in commercial fleet management, dedicated transportation, and supply chain solutions, has begun to offer 100% renewable diesel (RD) fuel at its San Francisco fueling facility. Therefore, offering a better solution for fuel filters, elastomer seals and components, and storage tanks. —Chris Nordh, Ryder Director for Global Fuel Products.

New UK Report Welcomes Moves to Promote Green Cars but Stresses Importance of Policies to Reduce Car Use

Green Car Congress

Policies could have a large impact through reducing the need to travel and promoting walking, cycling, public transport and efficient driving, as well as encouraging low carbon cars. It also discusses fuel taxes and prices, which affect both travel and vehicle choices. Subsidies for low carbon cars are likely to be effective, because the evidence is that people tend to discount long run costs.

2009 150

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

Green Car Congress

The model also includes representation of fleet turnover, and opportunities for fuel use and emissions abatement, including representation of electric vehicles. The existing emissions trading system in Europe has not worked well, Paltsev says, partly because its price on carbon is quite low, and partly because it does not encompass enough different emissions-producing sectors of the economy. Emissions Fuel Efficiency Policy

2016 191

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

EV Adoption

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.

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

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 steady tightening of standards will first incentivize combustion efficiency and in parallel speed up the deployment of new low-carbon technologies and fuels, such as vehicles running on low-carbon electricity, hydrogen, compressed natural gas or sustainable biofuels.

2013 185

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

Fuel economy improvements from conventional internal combustion engine cars can save an estimated $2 trillion in fuel costs through 2025—and more in years after— according to a new working paper published by the Global Fuel Economy Initiative (GFEI) prepared by Dr. Lew Fulton, Co-Director, NextSTEPS Program at the Institute of Transportation Studies, University of California at Davis. Thus a $500 tax would still allow consumers to keep 3?4

2013 196

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

Green Car Congress

IEA fuel economy readiness index status, 2010. Two new reports—one on technology, the other on policy— released by the International Energy Agency (IEA) outline pathways to improve the fuel efficiency of combustion-engined road vehicles by 50% by the middle of the century, saving as much as four-fifths of current annual global oil consumption. Average fuel economy and new vehicles registrations, 2005 and 2008. Increase international collaboration on fuel economy.

2012 204

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

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. In 2011, the Obama Administration finalized the first fuel economy standards for Model Year 2014-2018 for medium- and heavy-duty trucks, buses, and vans. Climate Change Emissions Fuel Efficiency Fuels Heavy-duty Policy

2013 212

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

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. 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.

2012 214

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

Car fleet composition in the EU under the different scenarios. By working out that the price of oil will fall when the EU’s regulations fully take effect, the study suggests that the European economic benefits of fuel efficiency have been underestimated, in general by up to 17%, according to T&E. The dangerous part is with the price of oil likely to drop, demand for fuel will go up. Click to enlarge.

2009 150

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

Although innovations in vehicle and fuel technology will have a substantial effect on reducing greenhouse gas emissions from transportation in the US, those gains will largely be offset by increases in travel along with growth in the US population, according to a new report from transportation consultancy Cambridge Systematics. per gallon fuel tax by 2050) could result in an additional reduction of 28% in GHG emissions. carbon pricing) are considered.

2009 150

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

Green Car Congress

A new MIT Energy Initiative report spearheaded by John Heywood, Sun Jae Professor of Mechanical Engineering Emeritus at MIT, identifies three important paths forward reducing light-duty vehicle energy use and greenhouse gas emissions: improve the existing system and technologies for shorter-term benefits; conserve fuel by changing driver habits for nearer- to longer-term benefits; and transform the transportation system into one that is radically less carbon-intensive for longer-term benefits.

2016 163

Fuel duty increase: Greenwash or green right?

Green Cars News

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. “And the Government must increase the difference between vehicle tax bands further to make it financially more attractive to choose smaller, greener cars that use less fuel.&# .

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