Cost Of, Fuel Tax and Price

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

Green Car Congress

JUNE 23, 2022

According to the US Energy Information Administration (EIA), as of 13 June 2022, the average price of US regular gasoline was $5.006 per gallon, up $1.937 from a year ago. (An The average price of US on-highway diesel was $5.718 per gallon, up $2.432 from a year ago. However, the cost of refining in other nations is currently higher.

Congress

Congress Fuel Tax Tax Fuel

Massachusetts Governor Proposes $0.19 Increase in State Fuel Tax to Support Transportation Projects

Green Car Congress

FEBRUARY 20, 2009

As part of a comprehensive reform plan to simplify the Commonwealth of Massachusetts’ transportation system, Governor Deval Patrick is proposing a fuel tax increase of $0.19 The increased fuel tax is intended to be in lieu of an increase in tolls. per gallon—a 81% increase of the current $0.235 per gallon.

Fuel Tax

Fuel Tax Massachusetts Tax Transportation

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

Green Car Congress

FEBRUARY 26, 2009

A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., An ever-expanding backlog of investment needs is the price of our failure to maintain funding levels—and the cost of these investments grows as we delay.

Mileage Tax

Mileage Tax Fuel Tax Tax Financing

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Green Car Congress

FEBRUARY 14, 2018

fuel taxes increased between 2012 and 2015 in some large countries, and first steps towards removing lower tax rates on diesel compared to gasoline are taken, but apart from that there are no signs that the polluter pays principle determines the energy tax landscape more strongly in 2015 than in 2012. of emissions.

Climate Change

Climate Change Climate Tax Energy

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

MARCH 8, 2010

A new study from the Harvard Kennedy School’s Belfer Center for Science and International Affairs finds that reducing greenhouse gas emissions from transportation will be a much bigger challenge than many assume, and will require substantially higher fuel prices combined with more stringent regulations.

Tax Credit

Tax Credit Tax Emissions Fuel

Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

Green Car Congress

OCTOBER 23, 2010

users pay for the construction and maintenance of roads via a federal fuel tax. Revenues from the tax go into the federal Highway Trust Fund, which is independent of the General Fund; every five years or so Congress passes an authorization bill to allocate these revenues. User Charges Based on Congestion (Congestion Pricing).

Transportation

Transportation Fuel Tax Tax Gasoline-Electric

Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

JANUARY 30, 2018

Factors driving acceleration or deceleration of ZEV adoption include price, performance, choice, convenience, and public policy. Current trends suggest that barriers to EV adoption such as price, range, selection and charging-time will continue to diminish, as costs come down and technology improves.

California

California 2017 2016 Los Angeles

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

Green Car Congress

NOVEMBER 11, 2016

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

Standards Emissions Europe CO2

Study Finds That Implementation of a Portfolio of Transportation Strategies Will Be Required for Significant Reductions in GHG from Transportation Sector; Pricing Strategies Have the Largest Potential

Green Car Congress

JULY 29, 2009

Strong economy-wide pricing measures (such as a $5.00 per gallon fuel tax by 2050) could result in an additional reduction of 28% in GHG emissions. Highlights of the nine categories analyzed in the Moving Cooler report include: Pricing and taxes. Both local and regional facility-level pricing strategies (e.g.,

Transportation

Transportation Price Fuel Economy Economy

BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

JUNE 15, 2011

BCG comparison of the CO 2 reduction potential and cost of different technologies. In addition, the cost to the consumer would be about $50 to $60 per percent CO 2 reduction—roughly half the cost of what was expected three years ago. BCG expects pack costs for OEMs will fall to ~$360-440 per kWh by 2020.

CO2

CO2 Electric Cars 2020 United States

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

SEPTEMBER 21, 2012

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.

Tax Credit

Tax Credit Gasoline Tax Gasoline-Electric

Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Green Car Congress

FEBRUARY 17, 2010

Foremost among those findings is that a quantity-based biofuel mandate is superior to a price-based consumption subsidy. Other findings from the study include: Ethanol policy can have a substantial impact on corn prices. However, production costs of US corn-ethanol are very high. de Gorter and Just.

Tax

Tax CO2 Renewable Standards

GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

Green Car Congress

NOVEMBER 8, 2013

The GFEI, a partnership of international agencies and top energy policy experts, suggests that these cost savings could in part be used to help offset the costs of developing a global market for electric vehicles over this time frame, since the savings are estimated to be at least four times bigger than these costs.

Fuel Economy

Fuel Economy Economy Plug-in Plug

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

Green Car Congress

APRIL 5, 2009

However, the survey also found that the public may not yet be prepared for the tradeoffs and challenges needed to make these proposals a reality, with majorities rejecting measures such as a floor on gasoline prices, congestion charges, or higher fuel taxes. Energy prices, oil dependence and climate change.

Energy

Energy Climate Change Tax Oil

National Research Council Report Explores Improving Fuel Economy of Medium- and Heavy-Duty Vehicles; Recommends Immediately Beginning Developing a Regulatory Approach

Green Car Congress

APRIL 2, 2010

Hybrid powertrains could lower the fuel consumption of vehicles that stop frequently, such as garbage trucks and transit buses, by as much as 35% in the same time frame. The report also estimates the costs and maximum fuel savings that could be achieved for each type of vehicle by 2020 if a combination of technologies were used.

Fuel Economy

Fuel Economy Economy Fuel Vehicles

Switching to electric cars ‘could increase emissions’

Green Cars News

NOVEMBER 10, 2009

There is potential for improvement in performance and reduction of costs in the medium term, but not enough to suggest electric cars could compete head-on with conventional vehicles within the next two decades. Low running costs of electric vehicles would lead to extra demand for car transport and make necessary the taxation of electricity.

Emissions

Emissions Electric Cars CO2 Cars

Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

MARCH 25, 2009

In order to price a vehicle you need to contact a sales agent. When asked about battery product pricing, Donaghy replied “ Everyone wants to know price, we would agree that we need to get the cost of the energy down. Obviously, we would like to see our share price improve, but wouldn’t everybody.

Li-ion

Li-ion Batteries Battery 2008

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

Green Car Congress

APRIL 22, 2021

The scenario analysis includes an estimate of the total costs of the LC1 compared to the BAU scenario. Transportation pricing: Gasoline taxes. Shift to VMT-based road fees as the number of ZEVs grows and fuel tax revenues decline. Corridor congestion pricing and high occupancy toll lanes.

Transportation

Transportation California Davis Carbon

Fuel duty increase: Greenwash or green right?

Green Cars News

SEPTEMBER 1, 2009

Many a motorist will grumble today as they get to the pumps and notice a jump in the fuel prices, following the two pence per litre increase in fuel duty, however environmental pressure group, Friends of the Earth (FoE) think the increase is necessary to coax us out of our cars.

Green

Green Fuel Petrol Fuel Tax

We Need More Than Just Electric Vehicles

Cars That Think

AUGUST 20, 2022

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. Governments have offered subsidies or tax rebates to make EVs more appealing, a policy which the U.S. Those tax revenues are necessary for the maintenance of roads. passenger vehicles.

Electric Vehicles

Electric Vehicles Vehicles West Virginia Electric

EV Driven

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

Massachusetts Governor Proposes $0.19 Increase in State Fuel Tax to Support Transportation Projects

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

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

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

Study Finds That Implementation of a Portfolio of Transportation Strategies Will Be Required for Significant Reductions in GHG from Transportation Sector; Pricing Strategies Have the Largest Potential

BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

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

Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

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

National Research Council Report Explores Improving Fuel Economy of Medium- and Heavy-Duty Vehicles; Recommends Immediately Beginning Developing a Regulatory Approach

Switching to electric cars ‘could increase emissions’

Profile: Li-ion Battery and Pack Supplier Valence Technology

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

Fuel duty increase: Greenwash or green right?

We Need More Than Just Electric Vehicles

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