Remove Climate Change Remove Financing Remove Fuel Tax Remove Global
article thumbnail

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

Preparing the US for the impacts of climate change. The Department of Agriculture’s Rural Utilities Service will finalize a proposed update to its Energy Efficiency and Conservation Loan Program to provide up to $250 million for rural utilities to finance efficiency investments by businesses and homeowners across rural America.

Obama 249
article thumbnail

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

In spring the Chancellor presents the annual Budget statement, which includes a detailed assessment of the state of the economy and the nation’s finances. In his statement, the Chancellor may announce changes to taxes and new spending measures. This year’s PBR follows the first contraction in the global economy for 60 years.

Tax 186
article thumbnail

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 EU and member states should use public procurement and incentives to fleet managers as tools to accelerate the deployment of more fuel-efficient vehicles and low-carbon fuels if these measures are cost-effective. The EU should continue to implement an ambitious differentiated co- financing rate for low-carbon TEN-T projects.

Emissions 210
article thumbnail

Proposed US Transportation Reauthorization Plan Links Greenhouse Gas Reductions to Transportation Planning

Green Car Congress

Establishing a new program to finance planning, design, and construction of high-speed rail. The Fund is replenished by revenue collected from motor fuel taxes. The existing transportation reauthorization act, which is financed by the Highway Trust Fund, expires on 30 September 2009. billion; Provides $337.4 Source: DOT.