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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). —Karplus et al. Paltsev, M. Babiker, J.M.

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

Green Car Congress

Overall, we have substantial opportunities for reducing environmental and climate impacts from light-duty road vehicles. The recommendations include: Improving the fuel consumption of mainstream vehicles is the primary nearer-term opportunity for reducing fuel use and GHG emissions.

MIT 150