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
carbon fuel vehicles will be needed to continue to decarbonize LDVs and reduce oil use out to 2050 and beyond. 2025, this would require an average tax (or fee) of $500 per vehicle for all vehicles sold (projecting sales of 1 billion vehicles)—slightly higher if PEVs are not charged a fee.
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