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US COVID-19 mitigation efforts resulting in significant decline in traffic, emissions and fuel-tax revenues

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This puts the US on track to meet its annual goals for GHG reduction under the Paris Climate Accord. If traffic remained reduced for one year, the reduction in VMT would allow California to meet half of its 2050 climate change target. Fuel use dropped from 4.6 It also resulted in fuel-tax revenue reductions, which vary by state.

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

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In a letter sent to President Biden on 15 June, the AFPM (American Fuel & Petrochemical Manufacturers) and the API (American Petroleum Institute) listed what they called seven realities about the current situtation: Refined product prices are determined on the global markets. Hence, the importance of increasing crude oil production.

Congress 259
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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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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.

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T&E: Rising use of private jets sends CO2 emissions soaring

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And yet, super-rich super polluters are flying around like there’s no climate crisis. The upside is that the private jet market is ideally suited to help bring about aviation’s Tesla moment, making hydrogen and electric planes a reality. Flying on a private jet is probably the worst thing you can do for the environment.

Emissions 418
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Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

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Yet, despite ambitious pledges and investments by governments and automakers, it is by no means clear that these vehicles will ultimately reach mass-market consumers. Carbon pricing alone is insufficient to bring low-carbon vehicles to the mass market, though it may have a supporting role in ensuring a decarbonized energy supply.

Carbon 231
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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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From 1 July 2015, the carbon price will be set by the market. We have had a long debate about climate change in this country. Most Australians now agree our climate is changing, this is caused by carbon pollution, this has harmful effects on our environment and on the economy—and the Government should act.

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

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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.).

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