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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fuel tax). Motor tax revenues collected by governments have increased by almost 3% compared to the previous year, and the grand total of €440.4

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DOE: Average annual gasoline taxes paid per vehicle, by state, 2019

Green Car Congress

Since taxes are charged on a per-gallon basis, someone with a more efficient vehicle will pay less in taxes over the course of a year. Based on average mpg and miles driven, a person owning a gasoline vehicle pays between $141 and $398 in fuel taxes each year, depending upon the state in which the fuel is purchased.

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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).

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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., The gas tax, which is not currently indexed to inflation, has lost 1/3 of its purchasing power since 1993, the last time the tax was increased.

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Washington state legislature approves $16.9B transportation package; targeting all new cars to be electric with MY 2030

Green Car Congress

The revenue package adopted a shift in funding sources after an export fuel tax projected to provide $2 billion in funding was removed on the House floor. . $150 million towards ultra-high-speed rail. $50 50 million for walking and biking infrastructure in underinvested communities, and more. billion over 16 years. Specifically: Sec.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

Russia’s invasion of Ukraine and other recent developments, not least post-pandemic recovery, undermined Tsingshan’s short position, forcing the company to purchase nickel at increasing prices to cover the positions, and the LME to increase margin requirements for market participants.

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Ryder San Francisco fueling facility offers 100% renewable diesel

Green Car Congress

Ryder has an established North American maintenance and fueling network with approximately 800 maintenance facilities including 440 diesel fueling stations.