Remove Cost Of Remove Fuel Tax Remove Gasoline Remove Renewable
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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.

Congress 259
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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. Those people who purchase electric vehicles because of the tax credit use less gasoline and produce fewer emissions of greenhouse gases than would otherwise be the case.

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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

They found that vehicle emission standards reduce CO 2 emissions from transportation by about 50 MtCO 2 and lower the oil expenditures by about €6 billion, but at a net added cost of €12 billion in 2020. This study, for the first time, quantifies the vast economic costs of that policy using a general equilibrium framework.

Standards 218
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Energy Learning Curve Survey Finds Americans Support Wide Array of Proposed Energy Policies, But Are Not Yet Ready to Make Tradeoffs

Green Car Congress

At least 10 major energy proposals that would provide incentives for energy efficiency, reduce gasoline usage and support alternative energy have the support of more than two-thirds of Americans, according to a new survey, “The Energy Learning Curve” released by Public Agenda, an opinion research and citizen engagement organization.

Energy 150
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UC report to CalEPA outlines policy options to decarbonize California transportation by 2045

Green Car Congress

The scenario analysis includes an estimate of the total costs of the LC1 compared to the BAU scenario. Fuels: liquid petroleum fuels that dominate transportation today and renewable and alternative fuels that can act as substitutes. Transportation pricing: Gasoline taxes. Active transportation.

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Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

It also would repeal a number of current tax incentives, including those for plug-in electric vehicles and fuel cell vehicles. The maximum investment tax credit is 20% of the cost of the investment. Generally the investment tax credit cannot be claimed for facilities that begin to operate before January 1, 2017.

Tax 281
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We Need More Than Just Electric Vehicles

Cars That Think

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. 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.