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ELECTRIC VEHICLE RULES IN INDIA: Everything That You Must Know

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With the increasing global concern over climate change and the need to transition towards cleaner and more sustainable modes of transportation, countries around the world have been formulating regulations to encourage the adoption of electric vehicles (EVs). Another objective of the rules is to accelerate the adoption of electric vehicles.

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Top Factors Affecting EV Adoption

EV Connect

Cost (and Cost Comparison) A recent study showed 67% of would-be purchasers claim cost is a primary concern. However, market competition, falling battery prices and government incentives are pushing the cost of EVs to parity with gasoline.

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Massachusetts sets state GHG emissions limit for 2020 at 25% below 1990 levels, releases plan with additional measures, including Pay As You Drive auto insurance

Green Car Congress

This includes varying the rates on new car sales taxes, annual auto excise (property) taxes, and registration fees, with rates raised on low-MPG vehicles and reduced on high-MPG ones. premium into a variable cost based on. to reduce discretionary driving, while cutting the overall cost of insurance due to. GHG) models.

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Broad opposition to EPA, NHTSA proposed freeze of GHG, CAFE regs

Green Car Congress

A large component of the Administration’s rationale for the change hinges on its analysis of the cost of clean technology, the resultant savings to motorists, and an associated reduction in injuries and fatalities due to more motorists presumably buying newer, safer cars because the cost would be less. —The ICCT.

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

Green Car Congress

According to Tol, the impact of a tax hike of this magnitude could reduce world GDP 12.9% The cost of fully implementing the Kyoto Protocol (in terms of lost economic growth) has been estimated at roughly $180 billion a year. Other transaction costs include the search of partners, the drafting of contracts, legal assistance, etc.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

The Cantwell-Collins plan is almost exactly what Mr. Obama proposed in the campaign and after first taking office–a 100 percent auction of permits and a large tax rebate to the public. Factors Determining Abatement Costs. The federal American Clean Energy and Security Act proposes to disburse dividends via tax refunds to all U.S.

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