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

Green Car Congress

About half of US refinery shutdowns are conversions to renewable fuel production. Multiple federal agencies continue to make it more difficult to build and maintain energy infrastructure projects, whether traditional or renewable. Other important suppliers to the US., These investments cannot be easily or quickly undone.

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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

In evaluating the effectiveness of the credit, the report provides the caveat that ‘As yet, no reliable estimates exist of the share of electric vehicle sales that can be attributed to the tax credits.’. It is important to highlight, however, some of the report’s acknowledged limitations. Cultivate local PEV clusters.

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We Need More Than Just Electric Vehicles

Cars That Think

Manufacturing an EV battery using coal-based electricity results in more than three times the greenhouse-gas emissions of manufacturing a battery with electricity from renewable sources. estimates that by 2030 the deployment of EVs could cut global receipts from fossil-fuel taxes by around US $55 billion. AFP/Getty Images.