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

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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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

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO. Click to enlarge. billion through 2019.

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Volkswagen launch new LPG ready Golf Plus

Green Cars News

Volkswagen has introduced the new BiFuel model version of the Golf Plus to cut CO2 emissions by more than 10 per cent and offer fuel savings of €6.10 This impressive reduction is in part due to the reduced German fuel tax in place until 2018. per 100 kilometres in LPG mode. litre, four-cylinder engine needs an average of 9.8

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We Need More Than Just Electric Vehicles

Cars That Think

Credit the EV’s advantage to its greater efficiency in the conversion of chemical energy to motion—77 percent, compared with 12 to 30 percent for a gasoline car—along with the potential to generate electricity using low-carbon sources. Governments have offered subsidies or tax rebates to make EVs more appealing, a policy which the U.S.