Remove Coal Remove Cost Of Remove Oil Remove Tax
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Kentucky electric cars now pay two taxes where gas cars only pay one

Baua Electric

Photo by Mobilus in Mobili on Flickr As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. At the Kentucky Public Service Commission’s approved rate of 25c/kWh , this represents a 12% or 24% tax.

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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas.

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Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel

Green Car Congress

Three different carbon tax scenarios are analyzed: no carbon tax, $55/metric ton carbon tax and $110/metric ton carbon tax. This break-even crude oil price compares favorably with the literature estimated prices of fuels from alternate biochemical and thermochemical routes. —Singh et al.

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CMU study finds that HEVs and PHEVs with small battery packs offer more emissions and oil displacement benefits per dollar spent than large pack PHEVs and BEVs; policy implications

Green Car Congress

Value of life-cycle emissions externality damages and oil premium costs from vehicles in 2010 $. A paper presenting the results of the group’s latest year-long study on the lifecycle air emissions and oil displacement benefits of plug-in vehicles was published this week in the Proceedings of the National Academy of Sciences.

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Study finds shifts to renewable energy can drive up energy poverty

Green Car Congress

Efforts to shift away from fossil fuels and replace oil and coal with renewable energy sources can help reduce carbon emissions but do so at the expense of increased inequality, according to a new study by researchers at Portland State University (PSU) and Vanderbilt University.

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Biosyncrude Gasification Process Could Produce Motor Fuel at Cost of Around $3/gallon

Green Car Congress

A crude oil price of US$100/bbl results in an approximate cost of €0.56/L gallon US) without tax for conventional motor fuel. Biomass is pyrolized to a pyrolysis oil. With ±30% estimate error, this is between €0.56 per liter (US$2.72-5.03/gallon Source: Henrich et al.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

Say Goodbye to Fuel Costs. A small margin in the market drastically affects the cost of fuel and its availability. The vehicles use electricity produced from nuclear power, coal, natural gas or solar energy. Low Maintenance Costs. An electric car does not require a regular oil changes or tune-ups. High Torque.