Climate, Cost and Fuel Tax

President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

JUNE 23, 2022

Monthly data from the EIA shows that crude oil is 60% of the price of gasoline, 17% is refining costs, 12% is federal and state taxes, and 11% is distribution and marketing. Refined product prices are set by the marginal supply costs of bringing the incremental barrels of products to market.

Congress

Congress Fuel Tax Tax Fuel

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).

Fuel Economy

Fuel Economy MIT Fuel Tax Economy

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

Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. These changes mainly result from fuel tax reforms in China, India and Mexico, the report said.

Climate Change

Climate Change Climate Tax Energy

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. Preparing the US for the impacts of climate change. Earlier post.).

Obama

Obama Cleaner Climate Fuel Economy

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

Green Car Congress

MARCH 16, 2016

Overall, we have substantial opportunities for reducing environmental and climate impacts from light-duty road vehicles. The market for pure BEVs is likely to be limited because their inherently limited driving range and long recharging times, and their high cost, make them less attractive to purchasers looking for an all-purpose vehicle.

MIT

MIT Transportation Climate Energy

National Academies report finds US interstate highways need major overhaul; calls for 20-year blueprint for action

Green Car Congress

DECEMBER 9, 2018

The report calls for a 20-year “blueprint for action,” which includes creating an “Interstate Highway System Renewal and Modernization Program,” increasing the federal fuel tax to help pay for it, and allowing tolls and per-mile-charges on more interstate routes. National Academy of Sciences. Looming Challenges.

Congress

Congress Climate Change Fuel Tax Renewable

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

Green Car Congress

JULY 23, 2018

More than 90% of such vehicles are powered by internal combustion engines burning oil-derived fuels. Encouraging the use of low-carbon alternatives is an essential part of meeting climate change targets as well as improving local air quality and health. —McCollum et al. Note the different scaling used in the graphs.

Carbon

Carbon Market Alternative Fuels Vehicles

Analysis concludes that current transportation policy in most US states will likely worsen GHG emission trends in US

Green Car Congress

DECEMBER 14, 2010

In the 50-state assessment, no state received a higher grade than “B-,” and most states scored lower than “D,” demonstrating a lack of alignment between transportation and climate policies, according to the analysis. transportation, and ensure state fuel taxes can support all transportation modes.

Transportation

Transportation Climate Change Emissions Climate

We Need More Than Just Electric Vehicles

Cars That Think

AUGUST 20, 2022

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. Most automotive manufacturers say they plan to use renewable energy in the future, but for now, most battery production relies on electric grids largely powered by fossil fuels.

Electric Vehicles

Electric Vehicles Vehicles West Virginia Electrical

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

The key to obtaining significant reductions in transportation-related GHG emissions is to increase the cost of driving. The economy-wide CO 2 prices applied increase the cost of driving only marginally with respect to the business-as-usual case. Similar results hold for other macroeconomic indicators.

Tax Credit

Tax Credit Tax Emissions Fuel

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

APRIL 12, 2012

EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. They estimated the number of new vehicles required and the adoption of new technologies and fuels based on their availability and cost effectiveness under projected scenario variables such as fuel price.

Transportation

Transportation Europe Climate Change Emissions

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

The GFEI, a partnership of international agencies and top energy policy experts, suggests that these cost savings could in part be used to help offset the costs of developing a global market for electric vehicles over this time frame, since the savings are estimated to be at least four times bigger than these costs.

Fuel Economy

Fuel Economy Economy Plug-in Plug

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 from a task force assembled by the CEPS (Centre for European Policy Studies), a Brussels-based think tank, on European transport policy has concluded that the EU’s goal of a 60% greenhouse gas (GHG) emissions reduction in the transport sector in 2050 compared to 1990 levels is possible, but at a cost. —CEPS report.

Emissions

Emissions Transportation Standards Climate Change

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

The policy package includes a new fuel economy readiness index, which measures the extent to which countries have implemented steps that will fully exploit the potential of existing fuel economy technologies and maximise their use in vehicles. Policy package.

Fuel Economy

Fuel Economy Fuel Transportation Engine

Energy Learning Curve Survey Finds Americans Support Wide Array of Proposed Energy Policies, But Are Not Yet Ready to Make Tradeoffs

Green Car Congress

APRIL 5, 2009

However, the survey also found that the public may not yet be prepared for the tradeoffs and challenges needed to make these proposals a reality, with majorities rejecting measures such as a floor on gasoline prices, congestion charges, or higher fuel taxes. Anything that increases the cost of driving is soundly rejected by the public.

Energy

Energy Climate Change Tax Oil

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

per gallon fuel tax by 2050) could result in an additional reduction of 28% in GHG emissions. Highlights of the nine categories analyzed in the Moving Cooler report include: Pricing and taxes. Tags: Climate Change Emissions Policy. Strong economy-wide pricing measures (such as a $5.00 Moving Cooler. Washington, D.C.:

Transportation

Transportation Price Fuel Economy Economy

California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

Green Car Congress

OCTOBER 20, 2014

In addition, although many experts say that the solution to our energy and climate problems is sending the correct price signals to industry and consumers, the transport sector’s behavior is highly inelastic in that it does not change significantly in response to changes in fuel prices, at least in the range that is politically acceptable.

2018

2018 California 2012 Plug-in

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

Green Car Congress

APRIL 10, 2009

The obvious one is increased fuel taxes, but somehow governments need to make sure the benefits of better technology aren’t wiped out by increased demand for lower-priced fuel. The development of plug-in hybrids stems mostly from their low investment costs, the report notes. Jos Dings, T&E Director.

Oil

Oil Standards Price Oil Prices

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

Green Car Congress

JUNE 21, 2009

The Fund is replenished by revenue collected from motor fuel taxes. The situation has worsened with decreasing fuel purchases; the advent of more fuel-efficient vehicles in the future would also further stress the existing funding mechanism. Tags: Climate Change Emissions Infrastructure Policy. Chairman Oberstar.

Transportation

Transportation Gas 2009 Congress

EV Driven

President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

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

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

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

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

National Academies report finds US interstate highways need major overhaul; calls for 20-year blueprint for action

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

Analysis concludes that current transportation policy in most US states will likely worsen GHG emission trends in US

We Need More Than Just Electric Vehicles

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

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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

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

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

Energy Learning Curve Survey Finds Americans Support Wide Array of Proposed Energy Policies, But Are Not Yet Ready to Make Tradeoffs

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

California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

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

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

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